Comparison Merrill Edge vs Trading 212
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Merrill Edge vs Trading 212. Which of them: Merrill Edge or Trading 212 a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Merrill Edge has a commission fee of $6.95, and Trading 212 has a commission fee of 0. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Merrill Edge provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, and Trading 212 provides customers with Stocks Trading, ETFs Trading, Forex Trading. Concerning the platforms, Merrill Edge uses Web Platform, Android App, iOS App, while Trading 212 uses Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Merrill Edge was established in 2010 in USA, and it is regulated by SEC, FINRA. And Trading 212 was established in 2004 in Bulgaria, and it is regulated by FCA, FSC. Withdrawal of funds from Merrill Edge can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0 (Visa Debit Card). And Trading 212 provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of 0. The withdrawal time for Merrill Edge is immediate (Bank Wire), and that one for Trading 212 is 0-5 days.
As a result, the rating of Merrill Edge is 4.1 stars versus that of Trading 212 of 4.3 stars.