Comparison IFC Markets vs Merrill Edge
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IFC Markets vs Merrill Edge. Is IFC Markets or Merrill Edge a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of IFC Markets on regular transactions of the stock exchange is from 0.1%, and Merrill Edge has a commission fee of $6.95. 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, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IFC Markets and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Merrill Edge. As for platforms, IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. IFC Markets was founded in 2006 in British Virgin Islands, and it is regulated by BVI FSC. And Merrill Edge was founded in 2010 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from IFC Markets with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is fees vary. 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 withdrawal time for IFC Markets is 1 - 5 business days, and that one for Merrill Edge is immediate (Bank Wire).
Overall, IFC Markets boasts 4.8 stars versus Merrill Edge 4.1 stars.