Kraken vs Merrill Edge

Kraken vs Merrill Edge Comparison Table 2022
Kraken Merrill Edge
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Kraken is a top crypto trading exchange offering the largest altcoins by market cap. Merrill Edge is one of the best online brokers for investors in the United States.
Awards
#1 for ESG & Sustainable Investing
#1 for Banking Services
#1 for Client Experience (Self-Directed)
Bonus
None $600 Transfer Bonus
Instruments
Cryptos Stocks, Mutual Funds, ETFs, Options, Bonds
Demo Account
Yes No
Minimum Deposit
0.0001 XBT $0
Payment Methods
Bitcoin Payments, Clear Junction, Etana, PayID, Silvergate Bank Transfer, Wire Transfer Cheque, Wire Transfer
Minimum Trade
0.0002 XBT 0.01 lots
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA SEC, FINRA
Margin Trading
No Yes
Margin Rate
8.625%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
Yes No
Spot Trading
Yes Yes
Mobile Apps
Yes iOS & Android
Auto Trading
- -
Trade Signals
- -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- USD
Cryptocurrency
Crypto trading not offered
Spread
0-2% average
Coins
AAVE, ALGO, ANT, REP, REPV2, BAT, BAL, XBT, BCH, ADA, LINK, COMP, ATOM, CRV, DAI, DASH, MANA, XDG, EWT, EOS, ETH, ETC, FIL, FLOW, GNO, ICX, KAVA, KEEP, KSM, KNC, LSK, LTC, MLN, XMR, NANO, OCEAN, OMG, OXT, PAXG, DOT, QTUM, XRP, SC, XLM, STORJ, SNX, TBTC, USDT, XTZ, GRT, TRX, UNI, USDC, WAVES, YFI, ZEC, BNB
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
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