Investors Intelligence
merrill edge
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Overview
Investors Intelligence was founded in 1947 and is headquartered in London, while merrill edge was established in 2010 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Investors Intelligence serves 10,000+ clients worldwide; merrill edge has 10,000+. The minimum deposit is $1 at Investors Intelligence and $250 at merrill edge.
| Feature | Investors Intelligence | merrill edge |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | Financial Conduct Authority (FCA) | 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 | 1947 | 2010 |
| Country | London | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Investors Intelligence and merrill edge, directly affecting your bottom line as a trader. Investors Intelligence has a lower barrier to entry with a minimum deposit of $1 (vs $250 at merrill edge). Neither broker charges withdrawal fees. Investors Intelligence applies inactivity fees on dormant accounts; merrill edge does not. Overall, Investors Intelligence scores higher on fees in our assessment.
| Feature | Investors Intelligence | merrill edge |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Investors Intelligence 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 Investors Intelligence does not offer. The two brokers are closely matched on platform offering.
| Feature | Investors Intelligence | 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 | 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 Investors Intelligence and merrill edge compare. Investors Intelligence runs regular live webinars; merrill edge does not. Both provide video tutorials. Investors Intelligence publishes daily market commentary; merrill edge does not. Both integrate third-party research tools. Investors Intelligence maintains an archive of past webinars for on-demand viewing. Investors Intelligence scores higher overall in education and research.
| Feature | Investors Intelligence | merrill edge |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Investors Intelligence 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 | Investors Intelligence | 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 Investors Intelligence and merrill edge offer live chat support. Both provide phone support. Email support is available at both brokers. Investors Intelligence supports 2 languages and merrill edge supports 8, giving merrill edge broader global reach. Both brokers are comparable on support quality.
| Feature | Investors Intelligence | 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 |