Exante
merrill edge
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Overview
Exante was founded in 2011 and is headquartered in Malta, while merrill edge was established in 2010 and is based in USA. Exante holds licences including Malta Financial Services Authority (MFSA), while merrill edge is regulated by Financial Conduct Authority (FCA) among others. Exante serves 10,000+ clients worldwide; merrill edge has 10,000+. The minimum deposit is $11700 at Exante and $250 at merrill edge.
| Feature | Exante | merrill edge |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | 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 | 2011 | 2010 |
| Country | Malta | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Exante and merrill edge, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $250 at merrill edge). Exante charges withdrawal fees while merrill edge does not, a notable advantage for frequent withdrawers. Overall, merrill edge scores higher on fees in our assessment.
| Feature | Exante | merrill edge |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Exante offers MT4, MT5, a proprietary platform, 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 Exante does not offer. Exante edges ahead on platform breadth and functionality in our scoring.
| Feature | Exante | merrill edge |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, WEB, desktop | 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 Exante and merrill edge compare. merrill edge has a video library; Exante does not. merrill edge integrates third-party research tools (Autochartist); Exante does not. Exante maintains an archive of past webinars for on-demand viewing. merrill edge scores higher overall in education and research.
| Feature | Exante | 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. Exante accepts 1 of the tracked payment methods (bank transfer), while merrill edge supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). merrill edge uniquely supports credit/debit card and PayPal and Skrill and Neteller among the two brokers. merrill edge scores higher on deposit and withdrawal flexibility.
| Feature | Exante | merrill edge |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | 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. merrill edge offers live chat; Exante does not, making merrill edge easier to reach in real time. Both provide phone support. Email support is available at both brokers. Exante supports 2 languages and merrill edge supports 8, giving merrill edge broader global reach. merrill edge scores higher overall on customer support in our assessment.
| Feature | Exante | merrill edge |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |