M1 Finance
Merrill Edge
VS
Compare
M1 Finance
Capital at risk · T&Cs apply
Choosing between M1 Finance and Merrill Edge depends on your trading style, preferred markets, and budget. M1 Finance is headquartered in Chicago, USA, while Merrill Edge operates from Charlotte, USA. Merrill Edge has the longer track record, established in 2010, compared to M1 Finance which was founded in 2015. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
M1 Finance
Merrill Edge
M1 Finance (3.2/5) and Merrill Edge (3.2/5) are closely matched. M1 Finance has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowOverall Rating
M1 Finance
3.2 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tied
1 vs 1 licences
Min. Deposit
Merrill Edge
$100 vs $0
M1 Finance
Merrill Edge
WinnerM1 Finance
Merrill Edge
M1 Finance holds licences from SEC. Merrill Edge is regulated by SEC.
Both brokers offer access to Stocks, Indices markets.
M1 Finance supports Proprietary Web, Proprietary Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
M1 Finance 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 M1 Finance at 3.20/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. M1 Finance leads overall with a marginal advantage.
M1 Finance (3.2/5) and Merrill Edge (3.2/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
M1 Finance offers spreads from 0 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.
M1 Finance requires a minimum deposit of $100. Merrill Edge requires $0.
M1 Finance is regulated by SEC, while Merrill Edge holds licences from SEC.
M1 Finance 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.