B

AxiTrader

7.4/10

Bell Direct

5.6/10
10/10WinnerRegulation3/10
10/10WinnerFees6/10
9/10WinnerPlatforms7/10
0/10Education & ResearchWinner6/10
6/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

AxiTrader was founded in 2007 and is headquartered in Australia, while Bell Direct was established in 1983 and is based in New Zealand. AxiTrader holds licences including Financial Conduct Authority (FCA), while Bell Direct is regulated by Financial Markets Authority (FMA) among others. AxiTrader serves 10,000+ clients worldwide; Bell Direct has 10,000+. The minimum deposit is $0 at AxiTrader and $100 at Bell Direct.

AxiTrader wins this category
FeatureAxiTraderBell Direct
Min. Deposit$0$100
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)Financial Markets Authority (FMA)
Founded20071983
CountryAustraliaNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between AxiTrader and Bell Direct, directly affecting your bottom line as a trader. AxiTrader has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bell Direct). AxiTrader charges withdrawal fees while Bell Direct does not, a notable advantage for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; AxiTrader does not. AxiTrader charges deposit fees; Bell Direct does not. Overall, AxiTrader scores higher on fees in our assessment.

AxiTrader wins this category
FeatureAxiTraderBell Direct
Min. Deposit$0$100
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

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

AxiTrader wins this category
FeatureAxiTraderBell Direct
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile appsAndroid,WEB,Desktop,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how AxiTrader and Bell Direct compare. Bell Direct runs regular live webinars; AxiTrader does not. Bell Direct has a video library; AxiTrader does not. Bell Direct publishes daily market commentary; AxiTrader does not. Bell Direct integrates third-party research tools (Trading Central); AxiTrader does not. 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
FeatureAxiTraderBell Direct
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AxiTrader accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Bell Direct supports 2 (bank transfer, credit/debit card). AxiTrader uniquely supports Neteller among the two brokers. AxiTrader scores higher on deposit and withdrawal flexibility.

AxiTrader wins this category
FeatureAxiTraderBell Direct
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AxiTrader and Bell Direct offer live chat support. Both provide phone support. Email support is available at both brokers. AxiTrader supports 8 languages and Bell Direct supports 2, giving AxiTrader broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAxiTraderBell Direct
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Chinese, Spanish, German, Japanese, Russian, Romanian, and ArabicEnglish, and Chinese