Binance
Merrill Edge
VS
Higher Rated
Binance
Capital at risk · T&Cs apply
Choosing between Binance and Merrill Edge depends on your trading style, preferred markets, and budget. Binance is headquartered in Cayman Islands, while Merrill Edge operates from Charlotte, USA. Merrill Edge has the longer track record, established in 2010, compared to Binance which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Binance
Merrill Edge
Binance is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Merrill Edge offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Binance
3.4 vs 3.2
Lowest Fees
Merrill Edge
0.1 vs 0 pips
Regulation
Tied
1 vs 1 licences
Min. Deposit
Tied
$0 vs $0
Binance
Merrill Edge
WinnerBinance
Merrill Edge
Lower feesBinance holds licences from FCA. Merrill Edge is regulated by SEC.
Both brokers offer access to Indices markets. Binance additionally covers Crypto, Forex, Commodities. Merrill Edge adds Stocks.
On spreads, Merrill Edge is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.1 pips at Binance.
Binance supports Proprietary Web, Proprietary Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Binance requires no minimum deposit, while Merrill Edge sets no minimum deposit. This makes Binance accessible to traders with any budget.
BrokerRank scores Binance at 3.36/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Binance leads overall with a clear advantage.
Binance scores higher overall on our independent rating system. Binance holds a 3.4/5 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.
Binance offers spreads from 0.1 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.
Binance requires a minimum deposit of $0. Merrill Edge requires $0.
Binance is regulated by FCA, while Merrill Edge holds licences from SEC.
Binance supports Proprietary Web, 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.