Comparison Merrill Edge vs Public
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Merrill Edge vs Public. Which of them: Merrill Edge or Public a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Merrill Edge on regular transactions of the stock exchange is $6.95, and Public has a commission fee of $0. 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 Public provides customers with Stocks Trading, ETFs Trading. Concerning the platforms, Merrill Edge uses Web Platform, Android App, iOS App, while Public uses 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 Public was established in 2017 in United States, and it is regulated by FINRA. Withdrawal of funds from Merrill Edge can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0 (Visa Debit Card). And Public provides the ability to withdraw funds using Bank Wire with a withdrawal fee of -. The time for withdrawal in Merrill Edge is immediate (Bank Wire), and that one in Public is 3-5 business days.
As a result, the rating of Merrill Edge is 4.1 stars versus that of Public of 3.4 stars.