Compare Merrill Edge vs moomoo


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

Merrill Edge vs moomoo
overall rating
4.7
4.5
overall pros
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
  • Free stocks, ETFs and options
  • Fast and easy account opening
  • Quality analytical tools
overall cons
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
  • Limited product portfolio
  • Only bank transfer for deposit/withdrawal
  • No live chat or telephone support
fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees / Free stock trading
  • High financing rate
4.7
  • Commission-free stocks, ETFs, and options
  • No inactivity fee
  • High margin rates
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
4.4
  • Fully digital
  • No minimum deposit
  • Fast
  • Available only in the US and Singapore
deposit and withdrawal
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • Slow withdrawal - over 3 days
1.9
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High wire withdrawal fee
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
4.5
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No two-step (safer) login
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
2.1
  • Stock
  • ETF
  • Options
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
5.0
  • Good interactive chart
  • Data on asset fundamentals
  • Good set of analytical tools
customer service
4.5
  • Phone support
  • Live chat
  • No email support
1.5
  • Good email support
  • No phone support
  • No live chat
  • No 24/7 support
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
2.0
  • Demo account
  • Educational texts
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
  • No negative balance protection
recommended for Investors and traders who looking for low fees, quick account opening, and simple platforms Investors and traders looking for zero-commission trading and focusing on US markets.
×