merrill edge
Vanguard Investments
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Overview
merrill edge was founded in 2010 and is headquartered in USA, while Vanguard Investments was established in 2008 and is based in United States. merrill edge holds licences including Financial Conduct Authority (FCA), while Vanguard Investments is regulated by Office of the Comptroller of the Currency among others. merrill edge serves 10,000+ clients worldwide; Vanguard Investments has 10,000+. The minimum deposit is $250 at merrill edge and $0 at Vanguard Investments.
| Feature | merrill edge | Vanguard Investments |
|---|---|---|
| Min. Deposit | $250 | $0 |
| 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 | Office of the Comptroller of the Currency |
| Founded | 2010 | 2008 |
| Country | USA | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between merrill edge and Vanguard Investments, directly affecting your bottom line as a trader. Vanguard Investments has a lower barrier to entry with a minimum deposit of $0 (vs $250 at merrill edge). Vanguard Investments charges withdrawal fees while merrill edge does not, giving merrill edge an edge for frequent withdrawers. Vanguard Investments applies inactivity fees on dormant accounts; merrill edge does not. Overall, Vanguard Investments scores higher on fees in our assessment.
| Feature | merrill edge | Vanguard Investments |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
merrill edge offers MT5, cTrader, while Vanguard Investments supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Vanguard Investments edges ahead on platform breadth and functionality in our scoring.
| Feature | merrill edge | Vanguard Investments |
|---|---|---|
| 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,Desktop,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how merrill edge and Vanguard Investments compare. Vanguard Investments runs regular live webinars; merrill edge does not. Both provide video tutorials. Vanguard Investments publishes daily market commentary; merrill edge does not. Both integrate third-party research tools. Vanguard Investments maintains an archive of past webinars for on-demand viewing. Vanguard Investments scores higher overall in education and research.
| Feature | merrill edge | Vanguard Investments |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
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 Vanguard Investments supports 2 (bank transfer, credit/debit card). merrill edge uniquely supports PayPal and Skrill and Neteller among the two brokers. merrill edge scores higher on deposit and withdrawal flexibility.
| Feature | merrill edge | Vanguard Investments |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
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 Vanguard Investments offer live chat support. Both provide phone support. Email support is available at both brokers. merrill edge supports 8 languages and Vanguard Investments supports 2, giving merrill edge broader global reach. Both brokers are comparable on support quality.
| Feature | merrill edge | Vanguard Investments |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |