Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

RHB Securities vs Merrill Edge 2026: Which Broker is Better?

Choosing between RHB Securities and Merrill Edge depends on your trading style, preferred markets, and budget. RHB Securities is headquartered in Kuala Lumpur, Malaysia, while Merrill Edge operates from Charlotte, USA. RHB Securities has the longer track record, established in 1994, 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.

RHB Securities

Merrill Edge

Higher ratedRHB Securities logo

RHB Securities

3.4/ 5
Visit RHB Securities →Full review
VS
RHB SecuritiesMerrill Edge
BrokerRank Score3.4/5 ✓3.2/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:21:2
RegulationSC Malaysia, MAS ✓SEC
PlatformsRHB TradeSmart, RHB MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
RHB SecuritiesMerrill Edge
Best for Low Fees
RHB SecuritiesMerrill Edge
Best for Regulation
RHB SecuritiesMerrill Edge
Best Overall
RHB SecuritiesMerrill Edge
Quick Answer

RHB Securities is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, RHB Securities offers lower spreads (0 pips).

See full side-by-side comparison below

RHB Securities vs Merrill Edge: Key Differences

Feature

RHB Securities

Merrill Edge

Our Rating
3.4 / 5
3.2 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.1/lot
None
Regulated By
SC MalaysiaMAS
SEC
Platforms
RHB TradeSmart, RHB Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Bonds, Funds
Stocks, Indices
Founded
1994
2010
Headquarters
Kuala Lumpur, Malaysia
Charlotte, USA
Score
1 / 2
1 / 2

Still deciding between RHB Securities and Merrill Edge?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

RHB Securities

Merrill Edge

Lower fees
Spread From
0 pips
0 pips
Commission
$0.1/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

RHB Securities holds licences from MAS, SC Malaysia. Merrill Edge is regulated by SEC.

Markets & Assets

Both brokers offer access to Stocks markets. RHB Securities additionally covers Etf, Bonds, Funds. Merrill Edge adds Indices.

Trading Platforms

RHB Securities supports RHB TradeSmart, RHB Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile.

Minimum Deposit

RHB Securities requires no minimum deposit, while Merrill Edge sets no minimum deposit. This makes RHB Securities accessible to traders with any budget.

Overall Ratings

BrokerRank scores RHB Securities at 3.31/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. RHB Securities leads overall with a clear advantage.

BrokerRank Verdict

RHB Securities is our recommended pick in this comparison, scoring 3.31/5 versus Merrill Edge's 3.19/5. Both brokers carry equivalent tier-1 regulation. Merrill Edge is still a solid option for traders who prefer Merrill Edge's specific platform or market selection, but RHB Securities offers a stronger overall package for the majority of traders.

Who Should Choose Which?

RHB Securities

RHB Securities

3.4/5

Top pick

Choose RHB Securities if you want…

  • Higher overall rating (3.4/5)
  • More regulatory licences (2)
  • More market types (4)
  • More established (est. 1994)
Merrill Edge

Merrill Edge

3.2/5

Choose Merrill Edge if you want…

  • No per-trade commission

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#3AvaTrade logo
AvaTrade
4.0
MAS
Visit
#4Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#6XM logo
XM
3.9
Visit

Both RHB Securities & Merrill Edge are available in

Frequently Asked Questions

1

Is RHB Securities better than Merrill Edge?

RHB Securities scores higher overall on our independent rating system. RHB Securities 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.

2

Which has lower fees, RHB Securities or Merrill Edge?

RHB Securities offers spreads from 0 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for RHB Securities vs Merrill Edge?

RHB Securities requires a minimum deposit of $0. Merrill Edge requires $0.

4

Which broker is safer, RHB Securities or Merrill Edge?

RHB Securities is regulated by SC Malaysia, MAS, while Merrill Edge holds licences from SEC.

5

What trading platforms do RHB Securities and Merrill Edge support?

RHB Securities supports RHB TradeSmart, RHB Mobile. Merrill Edge supports Proprietary Web, Proprietary Mobile.

6

Can I use both RHB Securities and Merrill Edge?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply