B
Burrell Stockbroking logo

Burrell Stockbroking

7.3/10
merrill edge logo

merrill edge

7.4/10
6/10RegulationWinner10/10
8/10WinnerFees1/10
9/10WinnerPlatforms7/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Burrell Stockbroking was founded in 1968 and is headquartered in Australia, while merrill edge was established in 2010 and is based in USA. Burrell Stockbroking holds licences including Malta Financial Services Authority (MFSA), while merrill edge is regulated by Financial Conduct Authority (FCA) among others. Burrell Stockbroking serves 10,000+ clients worldwide; merrill edge has 10,000+. The minimum deposit is $100 at Burrell Stockbroking and $250 at merrill edge.

merrill edge wins this category
FeatureBurrell Stockbrokingmerrill edge
Min. Deposit$100$250
RegulationMalta Financial Services Authority (MFSA)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
Founded19682010
CountryAustraliaUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Burrell Stockbroking and merrill edge, directly affecting your bottom line as a trader. Burrell Stockbroking has a lower barrier to entry with a minimum deposit of $100 (vs $250 at merrill edge). Neither broker charges withdrawal fees. Overall, Burrell Stockbroking scores higher on fees in our assessment.

Burrell Stockbroking wins this category
FeatureBurrell Stockbrokingmerrill edge
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Burrell Stockbroking offers MT4, 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 Burrell Stockbroking does not offer. Burrell Stockbroking edges ahead on platform breadth and functionality in our scoring.

Burrell Stockbroking wins this category
FeatureBurrell Stockbrokingmerrill edge
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone,MacMT4, 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 Burrell Stockbroking and merrill edge compare. Burrell Stockbroking runs regular live webinars; merrill edge does not. Both provide video tutorials. Burrell Stockbroking publishes daily market commentary; merrill edge does not. Both integrate third-party research tools. Burrell Stockbroking maintains an archive of past webinars for on-demand viewing. Burrell Stockbroking scores higher overall in education and research.

Burrell Stockbroking wins this category
FeatureBurrell Stockbrokingmerrill edge
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Burrell Stockbroking 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.

merrill edge wins this category
FeatureBurrell Stockbrokingmerrill edge
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Burrell Stockbroking and merrill edge offer live chat support. Both provide phone support. Email support is available at both brokers. Burrell Stockbroking supports 2 languages and merrill edge supports 8, giving merrill edge broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBurrell Stockbrokingmerrill edge
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic