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Comparison Merrill Edge vs UFX

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Merrill Edge vs UFX. Is Merrill Edge or UFX 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 UFX has a commission fee of from 130. 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 UFX provides customers with Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading. As for platforms, Merrill Edge offers Web Platform, Android App, iOS App, while UFX offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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 UFX was established in 2007 in Republic of Vanuatu, and it is regulated by VFSC. Withdrawal of funds from Merrill Edge can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0 (Visa Debit Card). And UFX 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 UFX is up to 10 business days.

Overall, Merrill Edge boasts 4.1 stars versus UFX 3.6 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
UFX
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
UFX
Stock
From 90 pips
ETFs
From 35 pips
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
3 pips
CFDs
From 50 pips
Metals
From 50 pips
Cryptocurrency
From 33000 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
UFX
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
UFX
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
MT4

Tools

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

Mobile App

Mobile App
Android App
iOS App
Merrill Edge
Android App
iOS App
UFX
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Merrill Edge
Minimum deposit
None
Bank Wire
Visa/Mastercard
UFX
Minimum deposit
$100
Bank Wire
Visa/Mastercard

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)
UFX
Bank Wire
Visa/Mastercard
Withdrawal Time
Up to 10 business days
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Merrill Edge
Сountry of Origin
USA
Year Founded
2010
Regulated By
SEC, FINRA
UFX
Сountry of Origin
Republic of Vanuatu
Year Founded
2007
Regulated By
VFSC

Customer Service

Customer Service
Phone
Email
Live Chat
 
Merrill Edge
Phone
Yes
Email
Yes
Live Chat
No
UFX
Phone
+44 208-150-0778
Email
Contact Form
Live Chat
Yes

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