Axi
Merrill Edge
VS
Higher Rated
Axi
Capital at risk · T&Cs apply
Choosing between Axi and Merrill Edge depends on your trading style, preferred markets, and budget. Axi is headquartered in Sydney, Australia, while Merrill Edge operates from Charlotte, USA. Axi has the longer track record, established in 2007, compared to Merrill Edge which was founded in 2010. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Axi
Merrill Edge
Axi is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Axi
3.6 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Axi
2 vs 1 licences
Min. Deposit
Tied
$0 vs $0
Axi
WinnerMerrill Edge
Axi
Merrill Edge
Lower feesAxi holds licences from ASIC, FCA. Merrill Edge is regulated by SEC.
Both brokers offer access to Stocks, Indices markets. Axi additionally covers Forex, Cfd, Commodities.
Axi supports MT4, Proprietary Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Axi requires no minimum deposit, while Merrill Edge sets no minimum deposit. This makes Axi accessible to traders with any budget.
BrokerRank scores Axi at 3.62/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Axi leads overall with a clear advantage.
Axi scores higher overall on our independent rating system. Axi holds a 3.6/5 rating vs Merrill Edge's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Axi offers spreads from 0 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.
Axi requires a minimum deposit of $0. Merrill Edge requires $0.
Axi is regulated by ASIC, FCA, while Merrill Edge holds licences from SEC.
Axi supports MT4, Proprietary Mobile. Merrill Edge supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.