Comparison DEGIRO vs Merrill Edge
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare DEGIRO vs Merrill Edge. Which of them: DEGIRO or Merrill Edge a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of DEGIRO on regular transactions of the stock exchange is 4, and Merrill Edge has a commission fee of $6.95. When analyzing trading options, the commission fees of DEGIRO is 4, and that one of Merrill Edge is $6.95 + $0.75. The full online broker reviews contains more detailed information on the brokers’ commission fees.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by DEGIRO and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Merrill Edge. As for platforms, DEGIRO offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Merrill Edge offers Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. DEGIRO was established in 2013 in Netherlands, and it is regulated by AFM, DNB. And Merrill Edge was established in 2010 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from DEGIRO with the help of Bank Wire, and its withdrawal fee is 0. And Merrill Edge provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0 (Visa Debit Card). The time for withdrawal in DEGIRO is 1-2 business days, and that one in Merrill Edge is immediate (Bank Wire).
Overall, DEGIRO boasts 4.1 stars versus Merrill Edge 4.1 stars.