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Comparison Merrill Edge vs Pepperstone
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Merrill Edge vs Pepperstone. Which of them: Merrill Edge or Pepperstone a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. Merrill Edge has a commission fee of $6.95, and Pepperstone has a commission fee of from 0.4 pips. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are Merrill Edge provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, and Pepperstone provides customers with Stocks Trading, Forex Trading, Crypto Trading. As for platforms, Merrill Edge offers Web Platform, Android App, iOS App, while Pepperstone offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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 founded in 2010 in USA, and it is regulated by SEC, FINRA. And Pepperstone was founded in 2010 in Australia, and it is regulated by ASIC, FCA. Withdrawal of funds from Merrill Edge can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0 (Visa Debit Card). And Pepperstone provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The withdrawal time for Merrill Edge is immediate (Bank Wire), and that one for Pepperstone is 3 - 5 business days.
As a result, the rating of Merrill Edge is 4.1 stars versus that of Pepperstone of 4.6 stars.