B
Argonaut Securities logo

Argonaut Securities

8.4/10

Bell Direct

5.6/10
7/10WinnerRegulation3/10
10/10WinnerFees6/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Argonaut Securities was founded in 2009 and is headquartered in Australia, while Bell Direct was established in 1983 and is based in New Zealand. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while Bell Direct is regulated by Financial Markets Authority (FMA) among others. Argonaut Securities serves 10,000+ clients worldwide; Bell Direct has 10,000+. The minimum deposit is $1 at Argonaut Securities and $100 at Bell Direct.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesBell Direct
Min. Deposit$1$100
RegulationAustralian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Financial Markets Authority (FMA)
Founded20091983
CountryAustraliaNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Argonaut Securities and Bell Direct, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bell Direct). Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; Argonaut Securities does not. Argonaut Securities charges deposit fees; Bell Direct does not. Overall, Argonaut Securities scores higher on fees in our assessment.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesBell Direct
Min. Deposit$1$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

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

Argonaut Securities wins this category
FeatureArgonaut SecuritiesBell Direct
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacAndroid,WEB,Desktop,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Argonaut Securities and Bell Direct 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. Argonaut Securities scores higher overall in education and research.

Argonaut Securities wins this category
FeatureArgonaut SecuritiesBell Direct
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities 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
FeatureArgonaut SecuritiesBell 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 Argonaut Securities 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
FeatureArgonaut SecuritiesBell Direct
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese