Merrill Edge vs TradeStation

Merrill Edge vs TradeStation Comparison Table 2022
Merrill Edge TradeStation
WINNER
Merrill Edge is the better broker
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Merrill Edge is one of the best online brokers for investors in the United States. US based broker with pricing methods split to cater for active day traders, or longer term stock holders
Awards
  • #1 for ESG & Sustainable Investing
  • #1 for Banking Services
  • #1 for Client Experience (Self-Directed)
Bonus
$600 Transfer Bonus
Instruments
Stocks, Mutual Funds, ETFs, Options, Bonds Stocks, Futures, E-minis, CFD
Demo Account
No Yes
Minimum Deposit
$0 $500
Payment Methods
Minimum Trade
0.01 lots Min lot size will vary
Regulator
SEC, FINRA SEC
Margin Trading
Yes No
Margin Rate
8.625%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android and Windows
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
Yes
Guaranteed Stop Loss
No
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Commodities
CFD Trading
CFD trading not offered
Leverage
1:20
FTSE Spread
N/A
GBPUSD Spread<
N/A
Oil Spread
0.06 pips
Stocks Spread
0.2% Var
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