Compare Merrill Edge vs Trade Nation


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

Merrill Edge vs Trade Nation
overall rating
4.7
4.4
overall pros
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
  • Free deposit and withdrawal
  • Excellent research and education tools
  • Good customer support
overall cons
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
  • Slim product portfolio
  • No live chat
  • Desktop platform lacks safer login
fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees / Free stock trading
  • High financing rate
3.5
  • No inactivity fee
  • Low stock and index CFD fees
  • High forex fees
  • Average trading fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
5.0
  • Fast
  • Fully digital
  • No minimum deposit
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
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Few minor account base currency available
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.5
  • User-friendly
  • Good search function
  • Guaranteed Stops
  • No two-step (safer) login
mobile trading platform
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
4.3
  • User-friendly
  • Good search function
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
  • Search function could be improved
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.5
  • Forex
  • CFD
  • Spread betting
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
4.3
  • Good interactive chart
  • Quality news flow
  • No fundamental data available
customer service
4.5
  • Phone support
  • Live chat
  • No email support
4.0
  • Phone support
  • Fast response time
  • Email
  • No live chat
  • No 24/7 support
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
5.0
  • Trading platform tutorial
  • Educational videos
  • 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
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Investors and traders who looking for low fees, quick account opening, and simple platforms Spread, forex and CFD traders looking for a great trading platform and quality customer service
×