Compare CMC Markets vs Merrill Edge


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

CMC Markets vs Merrill Edge
overall rating
4.6
4.8
overall pros
  • Low forex fees
  • Great web and mobile platforms
  • Advanced research and educational tools
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
overall cons
  • High stock CFD fees
  • Limited product portfolio
  • Complicated account verification
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
fees
3.5
  • Low forex fees
  • No withdrawal fee
  • High stock CFD fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
account opening
4.1
  • Fully digital
  • No minimum deposit
  • Complicated account verification
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
deposit and withdrawal
4.8
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • £15 fee for international bank transfers
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
4.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Modern design
  • No two-step (safer) login
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.4
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.2
  • Forex
  • CFD
  • Crypto
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
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
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • 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 Forex and CFD traders looking for an advanced trading platform with many research tools Investors and traders who looking for low fees, quick account opening, and simple platforms
×