Bulbrokers
merrill edge
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while merrill edge was established in 2010 and is based in USA. Bulbrokers holds licences including Financial Services Authority (FSA), while merrill edge is regulated by Financial Conduct Authority (FCA) among others. Bulbrokers serves 10,000+ clients worldwide; merrill edge has 10,000+. The minimum deposit is $100 at Bulbrokers and $250 at merrill edge.
| Feature | Bulbrokers | merrill edge |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Services Authority (FSA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F277 |
| Founded | 2000 | 2010 |
| Country | Bulgaria | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and merrill edge, directly affecting your bottom line as a trader. Bulbrokers has a lower barrier to entry with a minimum deposit of $100 (vs $250 at merrill edge). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; merrill edge does not. Overall, Bulbrokers scores higher on fees in our assessment.
| Feature | Bulbrokers | merrill edge |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bulbrokers offers MT5, cTrader, while merrill edge supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. merrill edge supports social and copy trading features, which Bulbrokers does not offer. The two brokers are closely matched on platform offering.
| Feature | Bulbrokers | merrill edge |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bulbrokers and merrill edge compare. merrill edge has a video library; Bulbrokers does not. merrill edge integrates third-party research tools (Autochartist); Bulbrokers does not. merrill edge scores higher overall in education and research.
| Feature | Bulbrokers | merrill edge |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while merrill edge supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). merrill edge uniquely supports PayPal and Skrill and Neteller among the two brokers. merrill edge scores higher on deposit and withdrawal flexibility.
| Feature | Bulbrokers | merrill edge |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bulbrokers and merrill edge offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and merrill edge supports 8, giving merrill edge broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | merrill edge |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |