Sarwa
Merrill Edge
VS
Higher Rated
Sarwa
Capital at risk · T&Cs apply
Choosing between Sarwa and Merrill Edge depends on your trading style, preferred markets, and budget. Sarwa is headquartered in Dubai, UAE, while Merrill Edge operates from Charlotte, USA. Merrill Edge has the longer track record, established in 2010, compared to Sarwa 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.
Sarwa
Merrill Edge
Sarwa is the better choice overall, scoring 3.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Sarwa offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Sarwa
3.3 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Sarwa
2 vs 1 licences
Min. Deposit
Merrill Edge
$500 vs $0
Sarwa
WinnerMerrill Edge
Sarwa
Merrill Edge
Sarwa holds licences from SEC, DFSA. Merrill Edge is regulated by SEC.
Both brokers offer access to Stocks markets. Sarwa additionally covers Etf, Crypto. Merrill Edge adds Indices.
Sarwa supports Proprietary Web, Proprietary Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Sarwa requires a minimum deposit of $500, while Merrill Edge sets no minimum deposit. This makes Merrill Edge accessible to traders with any budget.
BrokerRank scores Sarwa at 3.34/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Sarwa leads overall with a clear advantage.
Sarwa scores higher overall on our independent rating system. Sarwa holds a 3.3/5 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.
Sarwa offers spreads from 0 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.
Sarwa requires a minimum deposit of $500. Merrill Edge requires $0.
Sarwa is regulated by DFSA, SEC, while Merrill Edge holds licences from SEC.
Sarwa 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.