Compare Merrill Edge vs Swissquote


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

Merrill Edge vs Swissquote
overall rating
4.8
4.5
overall pros
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
  • Access to many markets and products
  • No inactivity fee
  • Rock-solid background
overall cons
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
  • High trading fees
  • Confusing trading platform selection
  • Some research tools are not free
fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
1.6
  • Low fund fees
  • No inactivity fee
  • High stock and ETF fees
  • High forex fees
  • High bond fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
4.0
  • Fully digital
  • No minimum deposit for trading account
  • Long wait times
  • Forex and robo-advisor accounts have high minimum
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
4.1
  • Credit/Debit card available
  • Several account base currencies
  • Swiss entity charges withdrawal and deposit fees
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.3
  • Clear fee report
  • Two-step (safer) login
  • Good search function
  • Easy to get lost among functions
mobile trading platform
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
4.7
  • User-friendly
  • Good search function
  • Price alerts
  • No advanced search filters
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
  • Robo-advisory
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
3.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
  • Recommendations are not structured
customer service
4.5
  • Phone support
  • Live chat
  • No email support
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Email answers are not always relevant
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • 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
  • Banking background
  • Listed on stock exchange
recommended for Investors and traders who looking for low fees, quick account opening, and simple platforms Affluent investors who value safety and are OK with higher fees
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