Compare Charles Stanley Direct vs Merrill Edge


Online brokers compared for fees, trading platforms, safety and more. See how Charles Stanley Direct stacks up against Merrill Edge!

Charles Stanley Direct vs Merrill Edge
overall rating
4.5
4.8
overall pros
  • Low fund fees
  • Great customer service
  • Easy deposit and withdrawal
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
overall cons
  • Limited product portfolio
  • Limited education materials
  • Basic research tools
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
fees
3.8
  • Low non-trading fees
  • Low fund fees
  • Average stock and ETF fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
account opening
4.7
  • Fully digital
  • Low minimum deposit
  • User-friendly
  • Available only to UK residents
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
deposit and withdrawal
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Only one account base currency
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • Slow withdrawal - over 3 days
web trading platform
3.5
  • User-friendly
  • Clear fee report
  • Price alerts
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • Limited order types
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.0
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Limited order types
  • No price alerts
  • Confusing search function
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
desktop trading platform
markets and products
1.6
  • Stock
  • ETF
  • Fund
  • Bond
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
3.5
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • No/limited set of analytic tools
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • No email support
education
2.0
  • Glossary of terms
  • No demo account
  • No trading platform tutorial videos
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Listed on stock exchange
  • Does not hold a banking license
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Beginners and buy-and-hold investors focusing on the UK market Investors and traders who looking for low fees, quick account opening, and simple platforms
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