eToro vs Merill Edge

In this analysis, we compare eToro vs. Merrill Edge to see which one is better. We compare these two online brokers on a variety of factors. Is eToro better than Merrill Edge?

eToro Merrill Edge
Information etoro logo eToro is a trading platform trusted by millions of traders for investing in stocks and cryptocurrencies, both through ownership and CFDs. Merrill Edge logoMerrill Edge is an online trading platform, based in the USA. It is part of Bank of America and offers its clients investing, advised investing, trading and banking.
Good For: Copy Trading Banking and Investing, Unlimited $0 Trades
Founded: 2007 June 21, 2010
Headquarter: Tel Aviv-Yafo, Israel New York, United States
Broker Type: Market Maker, Agency Broker N/A
U.S. Clients Allowed: Yes (certain states) Yes
Available Outside U.S. Yes No
Demo Account: Yes No
Minimum Deposit: $50 - $100 $0
Deposit Methods: Skrill, Neteller, Debit Card, Rapid Transfer,iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking - Trustly Wire Transfer, Check, Transfer Account, Transfer Securities from Merrill Accounts, Rollover IRA
Stocks: Yes Yes
Forex: Yes No
Commodities: Yes (31) No
Cryptocurrencies: Yes (30) No
ADR: No No
Options: No Yes
Mutual Funds: No Yes
ETFs: Yes Yes
Binary Options: No Yes
Mobile Trading: Yes (iOS,Android) Yes (iOS,Android)
Proprietary Platform: Yes Yes
Desktop Platform: No Yes
cTrader: No No
DupliTrade: No No
MetaTrader 4: No No
MetaTrader 5: No No
Copy Trading: Yes No
Trading Signals: Yes, through copy trading No
Maximum Leverage: 1:30 Margin
Islamic Account: Yes No
Support Hours: 24/5 24/7
Phone Support: No Yes
Live Chat: No Yes
Email Support: Yes Yes

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

About the author

Ziga Breznik is the owner and head of research at – he is an active investor in the forex, crypto and stock markets – he has seen trading platforms disappear along with his investments – especially during the “crypto boom”. Ziga learned the hard way that finding a reputable and trustworthy online brokerage is key to long-term success in the financial markets. He founded as a platform where he shares his research with one goal in mind: to provide unbiased and trustworthy online brokers reviews.