Compare Merrill Edge vs Vantage FX


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

Merrill Edge vs Vantage FX
overall rating
4.7
4.4
overall pros
  • Low trading fees
  • Easy and seamless account opening
  • Strong parent company
  • Low fees
  • Super fast account opening
  • Seamless deposit and withdrawal
overall cons
  • Limited to US clients and products
  • No demo account
  • Limited options to deposit/withdraw
  • Limited product selection
  • Customer service could be improved
  • No investor protection
fees
4.4
  • Low trading fees
  • Low non-trading fees
  • Low stock and ETF fees / Free stock trading
  • High financing rate
4.2
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
  • High financing rate
  • High stock CFD fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Only US clients are accepted
5.0
  • Fast
  • Fully digital
  • Low 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
  • No deposit fee
  • Quick deposit and withdrawal
  • International bank withdrawals (after the first one in each month) have a high fee
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
4.8
  • User-friendly
  • Two-step (safer) login
  • Touch/Face ID login
  • Poor search function
3.8
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No price alerts
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
markets and products
2.3
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.6
  • Forex
  • CFD
  • Crypto
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • No/limited set of analytic tools
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
  • Limited interactive charting
  • Most tools are available only with $1,000 minimum account balance
customer service
4.5
  • Phone support
  • Live chat
  • No email support
2.8
  • Live chat available
  • Relevant answers on the phone
  • No 24/7 support
  • Mediocre email support
education
3.5
  • Trading platform tutorial
  • Educational videos
  • No demo account
5.0
  • Demo account
  • 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
  • Negative balance protection
  • No investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors and traders who looking for low fees, quick account opening, and simple platforms Forex and CFD traders familiar with the MetaTrader trading platforms
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