B

Alfa Financials

6.4/10

Bell Potter Securities

8.1/10
7/10RegulationWinner8/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alfa Financials was founded in 1987 and is headquartered in UAE, while Bell Potter Securities was established in 2015 and is based in Austrailia. Alfa Financials holds licences including Financial Conduct Authority (FCA), while Bell Potter Securities is regulated by Australian Securities and Investment Commission (ASIC) among others. Alfa Financials serves 10,000+ clients worldwide; Bell Potter Securities has 10,000+. The minimum deposit is $500 at Alfa Financials and $5 at Bell Potter Securities.

Bell Potter Securities wins this category
FeatureAlfa FinancialsBell Potter Securities
Min. Deposit$500$5
RegulationFinancial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)
Founded19872015
CountryUAEAustrailia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alfa Financials and Bell Potter Securities, directly affecting your bottom line as a trader. Bell Potter Securities has a lower barrier to entry with a minimum deposit of $5 (vs $500 at Alfa Financials). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Bell Potter Securities scores higher on fees in our assessment.

Bell Potter Securities wins this category
FeatureAlfa FinancialsBell Potter Securities
Min. Deposit$500$5
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Alfa Financials offers MT4, MT5, cTrader, while Bell Potter Securities supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureAlfa FinancialsBell Potter Securities
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4 (MT4),Trader Desktop,Android,Mac,IPad,Alfa TraderMetaTrader 4

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alfa Financials and Bell Potter Securities compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureAlfa FinancialsBell Potter Securities
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Alfa Financials accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Bell Potter Securities supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAlfa FinancialsBell Potter Securities
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Alfa Financials and Bell Potter Securities offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureAlfa FinancialsBell Potter Securities
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese