B

Evans and Partners

6/10
merrill edge logo

merrill edge

7.4/10
5/10RegulationWinner10/10
0/10FeesWinner1/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while merrill edge was established in 2010 and is based in USA. Evans and Partners holds licences including Unregulated, while merrill edge is regulated by Financial Conduct Authority (FCA) among others. Evans and Partners serves 10,000+ clients worldwide; merrill edge has 10,000+. The minimum deposit is $500 at Evans and Partners and $250 at merrill edge.

merrill edge wins this category
FeatureEvans and Partnersmerrill edge
Min. Deposit$500$250
RegulationUnregulatedFinancial 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
Founded20122010
CountryUSAUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and merrill edge, directly affecting your bottom line as a trader. merrill edge has a lower barrier to entry with a minimum deposit of $250 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; merrill edge does not. Overall, merrill edge scores higher on fees in our assessment.

merrill edge wins this category
FeatureEvans and Partnersmerrill edge
Min. Deposit$500$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Evans and Partners 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 Evans and Partners does not offer. Evans and Partners edges ahead on platform breadth and functionality in our scoring.

Evans and Partners wins this category
FeatureEvans and Partnersmerrill edge
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4, 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 Evans and Partners and merrill edge compare. Evans and Partners runs regular live webinars; merrill edge does not. Both provide video tutorials. Evans and Partners publishes daily market commentary; merrill edge does not. Both integrate third-party research tools. Evans and Partners maintains an archive of past webinars for on-demand viewing. Evans and Partners scores higher overall in education and research.

Evans and Partners wins this category
FeatureEvans and Partnersmerrill edge
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners 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
FeatureEvans and Partnersmerrill 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 Evans and Partners and merrill edge offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and merrill edge supports 8, giving merrill edge broader global reach. Both brokers are comparable on support quality.

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