merrill edge
Wilsons Advisory And Stockbroking
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Overview
merrill edge was founded in 2010 and is headquartered in USA, while Wilsons Advisory And Stockbroking was established in 2008 and is based in Australia. merrill edge holds licences including Financial Conduct Authority (FCA), while Wilsons Advisory And Stockbroking is regulated by Unregulated among others. merrill edge serves 10,000+ clients worldwide; Wilsons Advisory And Stockbroking has 10,000+. The minimum deposit is $250 at merrill edge and $100 at Wilsons Advisory And Stockbroking.
| Feature | merrill edge | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $250 | $100 |
| 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 | Unregulated |
| Founded | 2010 | 2008 |
| Country | USA | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between merrill edge and Wilsons Advisory And Stockbroking, directly affecting your bottom line as a trader. Wilsons Advisory And Stockbroking has a lower barrier to entry with a minimum deposit of $100 (vs $250 at merrill edge). Wilsons Advisory And Stockbroking charges withdrawal fees while merrill edge does not, giving merrill edge an edge for frequent withdrawers. Wilsons Advisory And Stockbroking applies inactivity fees on dormant accounts; merrill edge does not. Wilsons Advisory And Stockbroking charges deposit fees; merrill edge does not. Overall, Wilsons Advisory And Stockbroking scores higher on fees in our assessment.
| Feature | merrill edge | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
merrill edge offers MT5, cTrader, while Wilsons Advisory And Stockbroking supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. merrill edge supports social and copy trading features, which Wilsons Advisory And Stockbroking does not offer. Wilsons Advisory And Stockbroking edges ahead on platform breadth and functionality in our scoring.
| Feature | merrill edge | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 | Metatrader 4 - desktop, iOS and Android versions available. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how merrill edge and Wilsons Advisory And Stockbroking compare. Both provide video tutorials. Both integrate third-party research tools. The two brokers are evenly matched on educational content.
| Feature | merrill edge | Wilsons Advisory And Stockbroking |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 Wilsons Advisory And Stockbroking 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 | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 Wilsons Advisory And Stockbroking offer live chat support. Both provide phone support. Email support is available at both brokers. merrill edge supports 8 languages and Wilsons Advisory And Stockbroking supports 2, giving merrill edge broader global reach. Both brokers are comparable on support quality.
| Feature | merrill edge | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 |