Fidelity International vs Merrill Edge compared

Fidelity International
Merrill Edge
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Deposit and withdrawal score
    3.8
    /5
  • Account opening score
    3.5
    /5
  • Fees score
    3.0
    /5
  • Deposit and withdrawal score
    2.2
    /5
  • Account opening score
    5.0
    /5
  • Fees score
    4.4
    /5
Recommended for
  • Beginners
    3.4
    /5
  • Beginners
    4.2
    /5
  • Equity
    4.4
    /5
You can't open an account in United States
You can open an account in United States

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.2

Recommended for Beginners and long-term investors focusing on the UK market

Overall Score
4.8

Recommended for Investors and traders looking for low fees, quick account opening and simple platforms

Country of origin

UK

Country of origin

USA

Fees

Fees score
3.0
Fees score
4.4
Fees summary

Low trading and non-trading fees

Fees summary

Low trading and non-trading fees, high fund fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.8
Deposit and withdrawal score
2.2
Number of base currencies

1

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
3.5
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$1360

*
Minimum deposit
*

$0

*
Time to open account

1 day

Time to open account

1 day

Required documents
*

Proof of identity: passport / driver's license Proof of residency: bank statement / utility bill

*
Required documents

None for those with an IP address in the US; for those that don't--2 utility bills, drivers license, passport

Trading platform

Web platform score
3.7
Web platform score
4.3
Mobile platform score
4.2
Mobile platform score
4.8
Desktop platform score
-
Desktop platform score
4.3

Markets and products

Markets and products score
1.9
Markets and products score
2.5
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
CFDs
CFDs

Research, education

Research score
4.0
Research score
4.0
Charting quality

Mid-range

Charting quality

Mid-range

Education score
2.5
Education score
3.5
Demo account
Demo account

Customer service

Customer service score
3.9
Customer service score
4.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000

Investor protection amount

$500,000 (securities up to $500,000, cash up to $250,000)

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1980

Foundation date

2010

Country of regulation

UK

Country of regulation

USA

Fidelity International

For detailed information and hands-on experience, read our review of this broker.

Merrill Edge

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Fidelity International's service is slightly weaker than Merrill Edge's and a comparison of their fees shows that Fidelity International's fees are higher than Merrill Edge's.

Account opening takes more effort at Fidelity International compared to Merrill Edge, deposit and withdrawal processes are more seamless at Fidelity International, while customer service quality is similar to Merrill Edge's.

Our experts rated the trading platform of Fidelity International as somewhat worse than the platform of Merrill Edge, found that clients have access to slightly less markets and products with Fidelity International, while Merrill Edge provides just about the same quality of research and education.

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