Compare LYNX vs Merrill Edge


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

LYNX vs Merrill Edge
overall rating
4.2
4.7
overall pros
  • Wide range of markets and products
  • Low stock and ETF trading fees
  • Great mobile platform
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
overall cons
  • Deposit and withdrawal options limited
  • €3,000 minimum deposit
  • Overly complex desktop platform
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
fees
3.2
  • Low stock and ETF fees / Free stock trading
  • Low fund fees
  • Inactivity fee
  • High options fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees / Free stock trading
  • High financing rate
account opening
2.5
  • Fully digital
  • User-friendly
  • Slow
  • The minimum deposit is €3,000
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
deposit and withdrawal
3.5
  • No deposit fee
  • Several account base currencies
  • One free withdrawal per month
  • Credit/Debit card not available
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
3.3
  • User-friendly
  • Clear fee report
  • Good variety of order types
  • 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
3.8
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
desktop trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No two-step (safer) login
  • The platform is not completely translated to English
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
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
  • Live chat
  • Fast response time
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • No email support
education
3.0
  • 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
  • High level of investor protection
  • Negative balance protection
  • Does not hold a banking license
  • 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 Any European traders looking for low stock and ETF fees and a good mobile trading platform Investors and traders who looking for low fees, quick account opening, and simple platforms
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