Tiger Brokers
Merrill Edge
VS
Higher Rated
Tiger Brokers
Capital at risk · T&Cs apply
Choosing between Tiger Brokers and Merrill Edge depends on your trading style, preferred markets, and budget. Tiger Brokers is headquartered in Singapore, while Merrill Edge operates from Charlotte, USA. Merrill Edge has the longer track record, established in 2010, compared to Tiger Brokers which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Tiger Brokers
Merrill Edge
Tiger Brokers is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Tiger Brokers offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Tiger Brokers
3.6 vs 3.2
Lowest Fees
Tied
0 vs 0 pips
Regulation
Tiger Brokers
2 vs 1 licences
Min. Deposit
Tied
$0 vs $0
Tiger Brokers
WinnerMerrill Edge
Tiger Brokers
Merrill Edge
Lower feesTiger Brokers holds licences from MAS, ASIC. Merrill Edge is regulated by SEC.
Both brokers offer access to Stocks, Indices markets. Tiger Brokers additionally covers Cfd.
Tiger Brokers supports Proprietary Web, Proprietary Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Tiger Brokers requires no minimum deposit, while Merrill Edge sets no minimum deposit. This makes Tiger Brokers accessible to traders with any budget.
BrokerRank scores Tiger Brokers at 3.58/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Tiger Brokers leads overall with a clear advantage.
Tiger Brokers scores higher overall on our independent rating system. Tiger Brokers 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.
Tiger Brokers offers spreads from 0 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.
Tiger Brokers requires a minimum deposit of $0. Merrill Edge requires $0.
Tiger Brokers is regulated by MAS, ASIC, while Merrill Edge holds licences from SEC.
Tiger Brokers 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.