Robinhood vs Merrill Edge

Robinhood vs Merrill Edge Comparison Table 2022
Robinhood Merrill Edge
Robinshood have pioneered mobile trading in the US. Their offer attempts to provide the cheapest share trading anywhere.
We do not recommend trading with Robinhood. Their business practices have harmed traders and their "free" trading offer has been criticized for actually costing their traders millions of dollars.
Merrill Edge is one of the best online brokers for investors in the United States.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Awards
#1 for ESG & Sustainable Investing
#1 for Banking Services
#1 for Client Experience (Self-Directed)
Bonus
None $600 Transfer Bonus
Instruments
Stocks, Options, CFD, Binary Options, ETFs Stocks, Mutual Funds, ETFs, Options, Bonds
Demo Account
No No
Minimum Deposit
$0 $0
Payment Methods
ACH Transfer, Apple Pay, Credit Card, Debit Card, Google Pay Cheque, Wire Transfer
Minimum Trade
$10 0.01 lots
Regulator
SEC SEC, FINRA
Margin Trading
No Yes
Margin Rate
2.5% 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
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android and Windows 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
CFD
CFD trading not offered
Leverage
1:2
FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
Stocks Spread
0.3% Var
Binary Options
Binary options trading not offered
Payout
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