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IC Markets's service is on par with Merrill Edge's and a comparison of their fees shows that IC Markets's fees are similar to Merrill Edge's.
Account opening takes about the same effort at IC Markets compared to Merrill Edge, deposit and withdrawal processes are much more seamless at IC Markets, while customer service quality is somewhat better than Merrill Edge's.
Our experts rated the trading platform of IC Markets as less user-friendly than the platform of Merrill Edge, found that clients have access to about the same number of markets and products with IC Markets, while Merrill Edge provides just about the same quality of research and education.