Compare Internaxx vs Merrill Edge


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

Internaxx vs Merrill Edge
overall rating
3.5
4.7
overall pros
  • Great research by Morningstar
  • Outstanding investment fund offering
  • Good customer service
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
overall cons
  • High fees
  • Slow and not fully digital account opening process
  • Limited education materials
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
fees
2.2
  • Low fund fees
  • No withdrawal fee
  • High trading fees
  • High stock and ETF fees
  • Inactivity fee
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees / Free stock trading
  • High financing rate
account opening
1.3
  • No minimum deposit
  • Low minimum deposit
  • Slow
  • Not fully digital
  • Not user-friendly
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
deposit and withdrawal
3.0
  • 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
2.8
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No price alerts
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.3
  • User-friendly
  • Good search function
  • No two-step (safer) login
  • No price alerts
  • No Touch/Face ID login
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
desktop trading platform
markets and products
3.1
  • Stock
  • ETF
  • Fund
  • Crypto
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
customer service
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • No email support
education
0.5
  • No demo account
  • No trading platform tutorial videos
  • No educational videos
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Buy-and-hold investors with relatively large amounts to invest Investors and traders who looking for low fees, quick account opening, and simple platforms
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