TradingCritique

Select Your Brokers to Compare

Merrill Edge vs ATC Brokers

Broker Name

Merrill Edge

Merrill Edge

VS
ATC Brokers

ATC Brokers

Icon

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

ECN broker

Years of Existence / Established Year

2010

2005

Customer Base / Number of Accounts

3.5+ Million Clients

No information


Icon

Regulation & Security

Regulations (governing bodies)

SEC, FINRA

FCA and CIMA

Awards Won (count for the last 2 years)

Kiplinger 2023 Annual Broker Review, StockBrokers.com 2024 Annual Broker Review

No major awards listed

Security Measures

SIPC

No information

SSL Encryption / 2FA

Yes

No

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

CDs, Fixed income

-

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

No

ETFs

Yes

No

Stocks

Yes

No

Options

Yes

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Merrill Edge MarketPro (proprietary), Merrill Edge Self-Directed platform (web-based), Mobile app (Merrill Edge)

Proprietary MT Pro

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Individual, Joint, Custodial, Trust, and Retirement (IRA), 529 plans

Individual, joint or corporate trading account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

2,000 USD, EUR or GBP

Leverage Available

No

2:1 to 200:1

Trade Limit (maximum per trade)

Depends on asset class

Unlimited

Commission (per account type)

$0

$0

Best Suited For (e.g., beginners, experienced traders)

Beginners to intermediate traders

Beginners and experienced traders


Icon

Deposit & Withdrawal Options

Deposit Methods

ACH transfer, wire transfer, check deposit, transfers from Bank of America

Bank wire transfer, Crypto

Withdrawal Methods

ACH transfer, wire transfer, check deposit, transfers from Bank of America

Bank wire transfer, Crypto

Other E-Wallets Supported

No

No


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Investing Education, Retirement Planning, Market Insights, Webinars and Online Seminars, Investment Guides and Tools

Learn to trade, Economic calendar, Market insights, Market News


Icon

Fees & Commissions

Trading-Related Fees

Commission- $0 stock and ETFs, broker-assisted trade- $29.95 or $29.95 * + $0.65 per contract

Mini Contract (10,000 lot size): $0.60 round turn, Standard Contract (100,000 lot size): $6.00 round turn

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

NA

Options Contract Fees

$0.65 per contact

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

200:1


Icon

Non-Trading Fees

Dormant Fees

$0

$50 of 6 months of inactivity

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

0.85%

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

$0

NA

Deposit Fee

$0

Bank wire- $0, Crypto- 1.00%

Currency Conversion Fee

Varies for ADRs

Depends on the bank and the specific transaction

Withdrawal Fee

Wire transfer fee-$25

International EUR/ USD/ CAD - $30/ 40/ 40, Crypto- 0.20% fee


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Pre-market trading: 7:00 AM to 9:30 AM ET, Regular trading hours: 9:30 AM to 4:00 PM ET, After-hours trading: 4:01 PM to 8:00 PM ET

Forex- 5:05 PM EST to Friday at 5:00 PM EST, Metals- Sunday at 6:00 PM EST and 5:00 PM EST and re-opens at 6:00 PM ES


Icon

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/7

Customer Support Methods (phone, email, live chat)

Phone: 888.637.3343, Schedule an appointment

Phone: + 44 20 3318 1399, Email: [email protected], Live chat

Support Languages

2

4


Icon

Additional Information

Headquarters Location

Charlotte, North Carolina, USA

London, England, United Kingdom .

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Both Merrill Edge and ATC Brokers offer affordable fee structures, but Merrill Edge generally edges out with no inactivity fees and lower commissions on standard trades, whereas ATC Brokers shines with bundled research and platform access.
Merrill Edge offers a quick and paperless account setup that appeals to traders on the go, whereas ATC Brokers more involved onboarding process adds an extra layer of safety and regulatory checks.
If you're trading on-the-go, Merrill Edge mobile platform is fluid and intuitive. ATC Brokers desktop and web apps are more robust, making them suitable for in-depth trading sessions.
Advanced users will enjoy Merrill Edge capabilities, but ATC Brokers remains a favorite for its streamlined and beginner-centric approach.