B

Bell Direct

5.6/10

Binance

6.7/10
3/10RegulationWinner5/10
6/10WinnerFees4/10
7/10PlatformsWinner10/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bell Direct was founded in 1983 and is headquartered in New Zealand, while Binance was established in 2017 and is based in Japan. Bell Direct holds licences including Financial Markets Authority (FMA), while Binance is regulated by Unregulated among others. Bell Direct serves 10,000+ clients worldwide; Binance has 13500000. Both brokers share the same minimum deposit of $100.

Binance wins this category
FeatureBell DirectBinance
Min. Deposit$100$100
RegulationFinancial Markets Authority (FMA)Unregulated
Founded19832017
CountryNew ZealandJapan
Clients10,000+13500000

Fees

Fees are a critical factor when choosing between Bell Direct and Binance, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Binance charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; Binance does not. Binance charges deposit fees; Bell Direct does not. Overall, Bell Direct scores higher on fees in our assessment.

Bell Direct wins this category
FeatureBell DirectBinance
Min. Deposit$100$100
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

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

Binance wins this category
FeatureBell DirectBinance
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacDesktop, Android, iPhone/iPad, Mac

Education & Research

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

Binance wins this category
FeatureBell DirectBinance
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

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

Tied
FeatureBell DirectBinance
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 Bell Direct and Binance 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
FeatureBell DirectBinance
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese