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Comparison IronFX vs Merrill Edge
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares IronFX vs Merrill Edge. Is IronFX or Merrill Edge a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. IronFX has a commission fee of spreads from 0.3 pips, commissions of 0.10%, and Merrill Edge has a commission fee of $6.95. You can read more detailed information on commission fees in the online broker reviews.
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, Forex Trading, Futures Trading, Crypto Trading are provided to customers by IronFX and Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided by Merrill Edge. As for platforms, IronFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, 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. IronFX was founded in 2010 in Cyprus, and it is regulated by FCA, ASIC, CySEC, FSB. And Merrill Edge was founded in 2010 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from IronFX can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Merrill Edge provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $0 (Visa Debit Card). The time for withdrawal in IronFX is 1 - 5 business days, and that one in Merrill Edge is immediate (Bank Wire).
Overall, IronFX boasts 4.8 stars versus Merrill Edge 4.1 stars.