Merrill Edge Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If Merrill Edge does not match your requirements we explain the top Merrill Edge alternatives and Merrill Edge competitors in this guide.
The best alternative for Merrill Edge is IC Markets or Roboforex.
When searching for a Merrill Edge alternative, there are a few things you need to check. The Merrill Edge trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top Merrill Edge alternatives and competitors feature by feature further below this Merrill Edge alternatives guide.
If you are looking for a trading platform that offers similar features to Merrill Edge or Merrill Edge. Or if you are looking for features that Merrill Edge does not offer that you require when trading, we will show you the best Merrill Edge alternative options below.
We highlight the pros and cons of each Merrill Edge alternative. Maybe you are looking for better customer service from a Merrill Edge alternative or more competitive Merrill Edge fees and more financial instruments to trade.
We have listed some reasons why Merrill Edge may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- Merrill Edge does not allow hedging (See brokers for Hedging here)
- Merrill Edge does not offer negative balance protection (See Merrill Edge alternatives who offer negative balance protection here)
- Merrill Edge does not offer Guaranteed Stop Loss (See Merrill Edge alternatives who offer Guaranteed Stop Loss here)
- Merrill Edge does not allow Scalping (See brokers for scalping here)
- STP accounts are not offered by Merrill Edge (Look here for Merrill Edge alternatives offering STP accounts)
- Merrill Edge does not offer MT4 (See Merrill Edge alternatives offering the MT4 trading platform here)
- MT5 is not offered by Merrill Edge (find Merrill Edge alternatives that offer the MT5 trading platform here)
- cTrader is not offered by Merrill Edge (find Merrill Edge alternatives offering the cTrader trading platform here)
- Merrill Edge does not offer Micro accounts (Check here for Merrill Edge alternatives offering micro accounts)
- Merrill Edge does not offer VIP accounts (Check here for Merrill Edge alternatives offering VIP accounts)
Top Merrill Edge Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Merrill Edge MarketPro, Web, Desktop, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 2000000 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 1000 | 200 | 10 |
| 👱♂️ Used By | 35,000,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | United States | Australia | Belize |
| 🚫 Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature Merrill Edge alternative comparison, you can scroll further down here.
