B

Bailieu

6.3/10
Direct FX logo

Direct FX

6.9/10
7/10WinnerRegulation3/10
1/10FeesWinner10/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while Direct FX was established in 2006 and is based in New Zealand. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while Direct FX is regulated by Unregulated among others. Bailieu serves 10,000+ clients worldwide; Direct FX has 10,000+. The minimum deposit is $10000 at Bailieu and $1 at Direct FX.

Direct FX wins this category
FeatureBailieuDirect FX
Min. Deposit$10000$1
RegulationAustralian Securities and Investment Commission (ASIC)Unregulated
Founded20122006
CountryAustraliaNew Zealand
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and Direct FX, directly affecting your bottom line as a trader. Direct FX has a lower barrier to entry with a minimum deposit of $1 (vs $10000 at Bailieu). Neither broker charges withdrawal fees. Direct FX charges deposit fees; Bailieu does not. Overall, Direct FX scores higher on fees in our assessment.

Direct FX wins this category
FeatureBailieuDirect FX
Min. Deposit$10000$1
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

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

Direct FX wins this category
FeatureBailieuDirect FX
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopNot available

Education & Research

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

Bailieu wins this category
FeatureBailieuDirect FX
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. Bailieu accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Direct FX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBailieuDirect FX
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 Bailieu and Direct FX 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
FeatureBailieuDirect FX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese