Compare Comdirect vs Merrill Edge


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

Comdirect vs Merrill Edge
overall rating
4.4
4.8
overall pros
  • Extensive range of products and exchanges
  • Great mobile platform
  • Rock-solid background
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
overall cons
  • High fees
  • Complicated account opening for non-German/Austrian residents
  • Slow phone support and no live chat
  • Limited to US clients and products
  • No demo trading
  • Limited options to deposit/withdraw from accounts
fees
2.2
  • No withdrawal fee
  • High trading fees
  • High stock and ETF fees
  • High forex fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
account opening
2.6
  • No minimum deposit
  • Fully digital account opening for German/Austrian residents
  • Slow
  • Not fully digital
  • Complicated account opening for non-German/Austrian residents
5.0
  • Fast
  • Fully digital
  • No minimum deposit
deposit and withdrawal
3.5
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
  • Slow withdrawal - over 3 days
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
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
  • CFD trading is on a separate platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.7
  • User-friendly
  • Two-step (safer) login
  • Price alerts
  • Search function is a bit complicated
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
desktop trading platform
3.5
  • Good customizability (for charts, workspace)
  • Two-step (safer) login
  • Price alerts
  • No clear fee report available
  • Outdated design
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
4.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • News is only in German
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
2.8
  • Relevant answers
  • 24/7 support
  • No live chat
  • Slow phone 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
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Investors and CFD traders speaking Germand and focusing on European securities Investors and traders who looking for low fees, quick account opening, and simple platforms
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