Webull vs Merrill Edge 2026: Which Broker is Better?
Choosing between Webull and Merrill Edge depends on your trading style, preferred markets, and budget. Webull is headquartered in New York, USA, while Merrill Edge operates from Charlotte, USA. Merrill Edge has the longer track record, established in 2010, compared to Webull 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.
Webull
Merrill Edge
| Webull | Merrill Edge | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.2/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 ✓ | 1:2 |
| Regulation | SEC, FCA ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Webull is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Webull offers lower spreads (0 pips).
See full side-by-side comparison belowWebull vs Merrill Edge: Key Differences
Webull
WinnerMerrill Edge
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Fees Comparison
Webull
Merrill Edge
Regulation & Trust
Webull holds licences from SEC, FCA. Merrill Edge is regulated by SEC.
Markets & Assets
Both brokers offer access to Stocks, Indices markets. Webull additionally covers Crypto, Forex.
Trading Platforms
Webull supports Proprietary Web, Proprietary Mobile. Merrill Edge offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Webull requires no minimum deposit, while Merrill Edge sets no minimum deposit. This makes Webull accessible to traders with any budget.
Overall Ratings
BrokerRank scores Webull at 3.58/5 and Merrill Edge at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Webull leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Webull
3.6/5
Choose Webull if you want…
- Higher overall rating (3.6/5)
- Higher leverage (up to 1:4)
- More regulatory licences (2)
- More market types (4)
Merrill Edge
3.2/5
Choose Merrill Edge if you want…
- More established (est. 2010)
Also consider
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.
Both Webull & Merrill Edge are available in
Frequently Asked Questions
1Is Webull better than Merrill Edge?
Webull scores higher overall on our independent rating system. Webull 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.
2Which has lower fees, Webull or Merrill Edge?
Webull offers spreads from 0 pips, while Merrill Edge starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Webull vs Merrill Edge?
Webull requires a minimum deposit of $0. Merrill Edge requires $0.
4Which broker is safer, Webull or Merrill Edge?
Webull is regulated by SEC, FCA, while Merrill Edge holds licences from SEC.
5What trading platforms do Webull and Merrill Edge support?
Webull supports Proprietary Web, Proprietary Mobile. Merrill Edge supports Proprietary Web, Proprietary Mobile.
6Can I use both Webull and Merrill Edge?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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