B

Alpha Capital Markets

6.1/10

Bell Direct

5.6/10
3/10RegulationTied3/10
10/10WinnerFees6/10
9/10WinnerPlatforms7/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Alpha Capital Markets was founded in 1999 and is headquartered in UK, while Bell Direct was established in 1983 and is based in New Zealand. Alpha Capital Markets holds licences including Unregulated, while Bell Direct is regulated by Financial Markets Authority (FMA) among others. Alpha Capital Markets serves 10,000+ clients worldwide; Bell Direct has 10,000+. The minimum deposit is $0 at Alpha Capital Markets and $100 at Bell Direct.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsBell Direct
Min. Deposit$0$100
RegulationUnregulatedFinancial Markets Authority (FMA)
Founded19991983
CountryUKNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Alpha Capital Markets and Bell Direct, directly affecting your bottom line as a trader. Alpha Capital Markets has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bell Direct). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Alpha Capital Markets scores higher on fees in our assessment.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsBell Direct
Min. Deposit$0$100
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Alpha Capital Markets offers MT4, MT5, cTrader, while Bell Direct supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Alpha Capital Markets supports social and copy trading features, which Bell Direct does not offer. Alpha Capital Markets edges ahead on platform breadth and functionality in our scoring.

Alpha Capital Markets wins this category
FeatureAlpha Capital MarketsBell Direct
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.Android,WEB,Desktop,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Alpha Capital Markets and Bell Direct compare. Bell Direct runs regular live webinars; Alpha Capital Markets does not. Both provide video tutorials. Bell Direct publishes daily market commentary; Alpha Capital Markets does not. Both integrate third-party research tools. Bell Direct maintains an archive of past webinars for on-demand viewing. Bell Direct scores higher overall in education and research.

Bell Direct wins this category
FeatureAlpha Capital MarketsBell Direct
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

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

Tied
FeatureAlpha Capital MarketsBell Direct
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 Alpha Capital Markets and Bell Direct 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
FeatureAlpha Capital MarketsBell Direct
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese