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.