Merrill Edge vs Skilling

Merrill Edge vs Skilling Comparison Table 2023
Merrill Edge Skilling
WINNER
Merrill Edge is the better broker
Not Yet Rated

Merrill Edge is #35 in our broker rankings.

4.7
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Merrill Edge is one of the best online brokers for investors in the United States.

Skilling are an exciting brand, regulated in Europe and beyond, offering 900+ instruments across 7 asset classes and spreads from 0.2 pips.

80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Awards
  • #1 for ESG & Sustainable Investing
  • #1 for Banking Services
  • #1 for Client Experience (Self-Directed)
Bonus
$600 Transfer Bonus $100 Deposit Bonus (FSA clients only)
Instruments
Stocks, Mutual Funds, ETFs, Options, Bonds CFD, Forex, Stocks, Indices, Commodities, Cryptocurrencies
Demo Account
No Yes
Minimum Deposit
$0 100 EUR/USD/GBP or 1000 NOK/SEK
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots or 1 Share
Regulator
SEC, FINRA CySEC, FSA
Margin Trading
Yes Yes
Margin Rate
8.625%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
Yes No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS and Android + browser-based platforms
Auto Trading
Yes - through MT4
Copy Trading
No Yes
Copy Trading Platform
Copy trading is available through Skilling Copy. 1000+ strategies can be copied. Strategy providers can generate an additional revenue stream.
Social Trading
No Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes Yes
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade a long list of financial assets with leveraged CFDs and tight spreads.
Leverage
1:30 (EU), 1:500 (Global)
FTSE Spread
from 1.5 pts
GBPUSD Spread<
from 0.2 pips
Oil Spread
from 0.4 pips
Stocks Spread
from 0.1%
Forex Trading
Forex trading not offered Skilling offer Standard and Premium accounts with competitive leverage and spreads across a wide range of major, minor and exotic forex pairs.
GBPUSD Spread
from 0.2 pips
EURUSD Spread
from 0.2 pips
EURGBP Spread
from 0.2 pips
Assets
73 (platform dependent)
Cryptocurrency
Crypto trading not offered Trade 57 crypto pairs via leveraged CFDs. Cryptocurrency trading is not available to traders in the UK and China.
Spread
Starting from 0,001 (BTC is 0,5)
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • DOGE
  • DOT
  • ADA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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