BDSwiss vs Merrill Edge - BrokerCue
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Broker Comparison

BDSwiss vs Merrill Edge

Compare BDSwiss and Merrill Edge side by side: fees, regulation, platforms.

BDSwiss

BDSwiss

Active forex and CFD traders

BDSwiss is a forex and CFD broker founded in 2012, offering MT4, MT5 and a proprietary WebTrader across more โ€ฆ

VS
Merrill Edge

Merrill Edge

Bank of America customers and long-term investors

Merrill Edge is a Bank of America brokerage offering commission-free stocks, ETFs and options, integrated banโ€ฆ

Head-to-head comparison

BDSwiss vs Merrill Edge
Feature BDSwiss Merrill Edge
Minimum deposit - -
Stock trading fee - $0 per online trade; broker-assisted: $29.95
Regulators FSA, FSC, FSCA, MISA, SCA FINRA, SEC
Best for Active forex and CFD traders Bank of America customers and long-term investors
Markets & account
Stocks
-
ETFs
-
Forex
-
CFDs
-
Crypto
-
Bonds
-
Options
-
Margin
Demo Account
-
Funds
-
Money Market Funds
-
Ready Made Portfolios
-

Pros & cons

BDSwiss

BDSwiss

Pros

  • No deposit fee
  • RAW account spreads from 0.0 pips
  • MetaTrader 4 and MetaTrader 5 available
  • Proprietary WebTrader for browser-based access
  • Demo account available
  • High leverage options up to 1:2000 on offshore entities
  • Fast execution with median speed under 100 ms
  • Over 250 CFD instruments across forex, stocks, indices, commodities and crypto

Cons

  • No tier-1 regulation after CySEC and FCA licences withdrawn in 2024-2025
  • EU and UK residents not accepted
  • Inactivity fee of $30 per month after 90 days
  • $10 fee on small bank wire withdrawals of $100 or less
  • No real-asset stock or crypto ownership - CFDs only
  • ETFs available on MT5 only, not MT4
  • WebTrader lacks advanced customisation compared to MetaTrader platforms
Merrill Edge

Merrill Edge

Pros

  • No commissions on online stock and ETF trades
  • No account minimum and no inactivity fee
  • Integrated with Bank of America banking via single login
  • BofA Rewards program offers banking perks for combined account holders
  • SIPC protection up to $500,000 plus additional Lloyd's of London coverage
  • MarketPro platform for active traders with Level II quotes
  • Extensive research tools and educational resources
  • Merrill Guided Investing robo-advisor available from $1,000

Cons

  • No fractional shares
  • No cryptocurrency trading
  • No futures or forex trading
  • No paper trading or demo account
  • Margin rates are high compared to some competitors
  • Mobile app options trading experience is limited
  • No-transaction-fee mutual fund list is smaller than some competitors
BDSwiss

BDSwiss

BDSwiss is a forex and CFD broker founded in 2012, offering MT4, MT5 and a proprietary WebTrader across more than 250 instruments.

Your capital is at risk. Other fees apply.

Merrill Edge

Merrill Edge

Merrill Edge is a Bank of America brokerage offering commission-free stocks, ETFs and options, integrated banking rewards, and a robo-advisor service.

Your capital is at risk. Other fees apply.

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