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Comparison Merrill Edge vs PaxForex

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Merrill Edge vs PaxForex. Which of them: Merrill Edge or PaxForex a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Merrill Edge has a commission fee of $6.95, and PaxForex has a commission fee of spreads from 5 pips. 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, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading are provided to customers by Merrill Edge and Stocks Trading, Forex Trading, Crypto Trading are provided by PaxForex. Concerning the platforms, Merrill Edge uses Web Platform, Android App, iOS App, while PaxForex uses Desktop Platform (Windows), Desktop Platform (MacOS), MT4, 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. Merrill Edge was established in 2010 in USA, and it is regulated by SEC, FINRA. And PaxForex was established in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. We can withdraw funds from Merrill Edge with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is $0 (Visa Debit Card). And PaxForex provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. The withdrawal time for Merrill Edge is immediate (Bank Wire), and that one for PaxForex is within 1 business day.

As a result, the rating of Merrill Edge is 4.1 stars versus that of PaxForex of 4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Merrill Edge
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
PaxForex
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Metals
Cryptocurrency
Merrill Edge
Stock
$6.95
ETFs
$6.95
Options
$6.95 + $0.75
Mutual Funds
No Transaction Fee
Bonds
$1 Per Bond ($10 min)
Forex Spreads
N/A
CFDs
N/A
Metals
N/A
Cryptocurrency
N/A
PaxForex
Stock
Spreads from 5 pips
ETFs
N/A
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
Spreads from 0.4 pips
CFDs
Spreads from 5 pips
Metals
Spreads from 50 pips
Cryptocurrency
Spreads from 95 pips

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
Merrill Edge
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading
PaxForex
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
Merrill Edge
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4
PaxForex
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

Tools
Research & Analysis
Education
Demo account
Merrill Edge
Research & Analysis
Education
Demo account
PaxForex
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Merrill Edge
Android App
iOS App
PaxForex
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
Merrill Edge
Minimum deposit
None
Bank Wire
Visa/Mastercard
Cryptocurrency
PaxForex
Minimum deposit
$10
Bank Wire
Visa/Mastercard
Cryptocurrency

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Merrill Edge
Bank Wire
Visa/Mastercard
Withdrawal Time
Immediate (Bank Wire)
Withdrawal Fee
$0 (Visa Debit Card)
PaxForex
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
Withdrawal Fee
Varies

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Merrill Edge
Сountry of Origin
USA
Year Founded
2010
Regulated By
SEC, FINRA
PaxForex
Сountry of Origin
St. Vincent and Grenadines
Year Founded
2014
Regulated By
Not Regulated

Customer Service

Customer Service
Phone
Email
Live Chat
 
Merrill Edge
Phone
Yes
Email
Yes
Live Chat
No
PaxForex
Phone
+44 1259207457
Email
info@paxforex.com
Live Chat
Yes

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