Amscot Stockbroking
Bell Direct
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Overview
Amscot Stockbroking was founded in 1853 and is headquartered in Austrailia, while Bell Direct was established in 1983 and is based in New Zealand. Amscot Stockbroking holds licences including Ministry of Economic Affairs and Communications (Estonia), while Bell Direct is regulated by Financial Markets Authority (FMA) among others. Amscot Stockbroking serves 10,000+ clients worldwide; Bell Direct has 10,000+. The minimum deposit is $500 at Amscot Stockbroking and $100 at Bell Direct.
| Feature | Amscot Stockbroking | Bell Direct |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Ministry of Economic Affairs and Communications (Estonia) | Financial Markets Authority (FMA) |
| Founded | 1853 | 1983 |
| Country | Austrailia | New Zealand |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Amscot Stockbroking and Bell Direct, directly affecting your bottom line as a trader. Bell Direct has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Amscot Stockbroking). Amscot Stockbroking charges withdrawal fees while Bell Direct does not, a notable advantage for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; Amscot Stockbroking does not. Overall, Bell Direct scores higher on fees in our assessment.
| Feature | Amscot Stockbroking | Bell Direct |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Amscot Stockbroking offers MT5, cTrader, while Bell Direct supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Amscot Stockbroking | Bell Direct |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | IRESSTrader,IRESSInvestor,netIRESS,XPLAN | Android,WEB,Desktop,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Amscot Stockbroking and Bell Direct compare. Bell Direct runs regular live webinars; Amscot Stockbroking does not. Bell Direct has a video library; Amscot Stockbroking does not. Bell Direct publishes daily market commentary; Amscot Stockbroking does not. Bell Direct integrates third-party research tools (Trading Central); Amscot Stockbroking does not. Bell Direct maintains an archive of past webinars for on-demand viewing. Bell Direct scores higher overall in education and research.
| Feature | Amscot Stockbroking | Bell Direct |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Amscot Stockbroking 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.
| Feature | Amscot Stockbroking | Bell Direct |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Amscot Stockbroking 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.
| Feature | Amscot Stockbroking | Bell Direct |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |