InstaForex
Merrill Edge
VS
Higher Rated
InstaForex
Capital at risk · T&Cs apply
Choosing between InstaForex and Merrill Edge depends on your trading style, preferred markets, and budget. InstaForex is headquartered in Kaliningrad, Russia, while Merrill Edge operates from Charlotte, USA. InstaForex 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.
InstaForex
Merrill Edge
InstaForex is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, InstaForex offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
InstaForex
3.6 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
InstaForex
2 vs 1 licences
Min. Deposit
Merrill Edge
$1 vs $0
InstaForex
Merrill Edge
InstaForex
Merrill Edge
InstaForex holds licences from CySEC, FSA. Merrill Edge is regulated by SEC.
Both brokers offer access to Stocks, Indices markets. InstaForex additionally covers Forex, Cfd, Commodities.
InstaForex supports MT4, MT5, Proprietary Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
InstaForex requires a minimum deposit of $1, while Merrill Edge sets no minimum deposit. This makes Merrill Edge accessible to traders with any budget.
BrokerRank scores InstaForex at 3.59/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. InstaForex leads overall with a clear advantage.
InstaForex scores higher overall on our independent rating system. InstaForex 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.
InstaForex offers spreads from 0 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.
InstaForex requires a minimum deposit of $1. Merrill Edge requires $0.
InstaForex is regulated by CySEC, FSA, while Merrill Edge holds licences from SEC.
InstaForex supports MT4, MT5, 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.