merrill edge
pro finance service
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Overview
merrill edge was founded in 2010 and is headquartered in USA, while pro finance service was established in 2017 and is based in Geneva. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. merrill edge serves 10,000+ clients worldwide; pro finance service has 150,000+. Both brokers share the same minimum deposit of $250.
| Feature | merrill edge | pro finance service |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | 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 | 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-F296 |
| Founded | 2010 | 2017 |
| Country | USA | Geneva |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between merrill edge and pro finance service, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. pro finance service charges withdrawal fees while merrill edge does not, giving merrill edge an edge for frequent withdrawers. pro finance service applies inactivity fees on dormant accounts; merrill edge does not. pro finance service charges deposit fees; merrill edge does not. Overall, merrill edge scores higher on fees in our assessment.
| Feature | merrill edge | pro finance service |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
merrill edge offers MT5, cTrader, while pro finance service supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. merrill edge supports social and copy trading features, which pro finance service does not offer. pro finance service edges ahead on platform breadth and functionality in our scoring.
| Feature | merrill edge | pro finance service |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 merrill edge and pro finance service compare. pro finance service runs regular live webinars; merrill edge does not. Both provide video tutorials. pro finance service publishes daily market commentary; merrill edge does not. Both integrate third-party research tools. pro finance service maintains an archive of past webinars for on-demand viewing. pro finance service scores higher overall in education and research.
| Feature | merrill edge | pro finance service |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. merrill edge accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while pro finance service supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | merrill edge | pro finance service |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both merrill edge and pro finance service offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | merrill edge | pro finance service |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |