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Comparison Merrill Edge vs Webull

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Merrill Edge vs Webull. Which of them: Merrill Edge or Webull 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 Webull has a commission fee of commission Free. Let’s analyze the commission fees on trading options. Merrill Edge has a commission fee of $6.95 + $0.75, Webull has a commission fee of n/A. The full online broker reviews contains more detailed information on the brokers’ commission fees.

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, ETFs Trading are provided by Webull. As for platforms, Merrill Edge offers Web Platform, Android App, iOS App, while Webull offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Merrill Edge was founded in 2010 in USA, and it is regulated by SEC, FINRA. And Webull was founded in 2017 in USA, and it is regulated by SEC & FINRA. 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 Webull provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $45 (International Wire). The time for withdrawal in Merrill Edge is immediate (Bank Wire), and that one in Webull is 2 business days.

Overall, Merrill Edge boasts 4.1 stars versus Webull 4.1 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
Webull
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Merrill Edge
Stock
$6.95
ETFs
$6.95
Options
$6.95 + $0.75
Mutual Funds
No Transaction Fee
Bonds
$1 Per Bond ($10 min)
Webull
Stock
Commission Free
ETFs
Commission Free
Options
N/A
Mutual Funds
N/A
Bonds
N/A

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Merrill Edge
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Webull
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Merrill Edge
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Webull
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

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

Mobile App

Mobile App
Android App
iOS App
Merrill Edge
Android App
iOS App
Webull
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Merrill Edge
Minimum deposit
None
Bank Wire
Visa/Mastercard
Webull
Minimum deposit
Zero
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)
Webull
Bank Wire
Visa/Mastercard
Withdrawal Time
2 business days
Withdrawal Fee
$45 (International Wire)

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Merrill Edge
Сountry of Origin
USA
Year Founded
2010
Regulated By
SEC, FINRA
Webull
Сountry of Origin
USA
Year Founded
2017
Regulated By
SEC & FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Merrill Edge
Phone
Yes
Email
Yes
Live Chat
No
Webull
Phone
No
Email
Yes
Live Chat
No

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