Higher Rated
FxPro
Capital at risk · T&Cs apply
Choosing between FxPro and Merrill Edge depends on your trading style, preferred markets, and budget. FxPro is headquartered in London, UK, while Merrill Edge operates from Charlotte, USA. FxPro has the longer track record, established in 2006, 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.
FxPro
Merrill Edge
FxPro is the better choice overall, scoring 4.1/5 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
FxPro
4.1 vs 3.2
Lowest Fees
Merrill Edge
0.6 vs 0 pips
Regulation
FxPro
3 vs 1 licences
Min. Deposit
Merrill Edge
$100 vs $0
FxPro
Merrill Edge
FxPro
Merrill Edge
Lower feesFxPro holds licences from FCA, ASIC, CySEC. Merrill Edge is regulated by SEC.
Both brokers offer access to Stocks, Indices markets. FxPro additionally covers Forex, Cfd, Commodities.
On spreads, Merrill Edge is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at FxPro.
FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
FxPro requires a minimum deposit of $100, while Merrill Edge sets no minimum deposit. This makes Merrill Edge accessible to traders with any budget.
BrokerRank scores FxPro at 4.09/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FxPro leads overall with a clear advantage.
FxPro scores higher overall on our independent rating system. FxPro holds a 4.1/5 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.
FxPro offers spreads from 0.6 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.
FxPro requires a minimum deposit of $100. Merrill Edge requires $0.
FxPro is regulated by FCA, CySEC, ASIC, while Merrill Edge holds licences from SEC.
FxPro supports MT4, MT5, 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.