Compare Merrill Edge vs TradeStation Global


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

Merrill Edge vs TradeStation Global
overall rating
4.8
4.7
overall pros
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
  • Low stock and ETF fees
  • Wide range of products
  • Fast customer service
overall cons
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
  • Only bank transfer allowed for deposit and withdrawal
  • Complicated account opening
  • Limited education materials
fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High financing rate
4.0
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees
  • High fund fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
2.8
  • Fast
  • Fully digital
  • $1,000 minimum deposit required for desktop platform
  • Not user-friendly
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
3.5
  • No deposit fee
  • Several account base currencies
  • No charge for the first withdrawal each month.
  • Credit/Debit card not available
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
4.5
  • 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
3.8
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Overly complicated installation
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
4.5
  • Good interactive chart
  • Trading ideas
  • Good set of analytical tools
  • Limited fundamental data
customer service
4.5
  • Phone support
  • Live chat
  • No email support
4.0
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
2.5
  • Trading platform tutorial
  • No 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
  • High level of investor protection
  • Does not hold a banking license
recommended for Investors and traders who looking for low fees, quick account opening, and simple platforms Traders and investors looking for low fees and a wide selection of products
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