Bell Direct
Boston Merchant Financial
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Overview
Bell Direct was founded in 1983 and is headquartered in New Zealand, while Boston Merchant Financial was established in 1988 and is based in Dubai. Bell Direct holds licences including Financial Markets Authority (FMA), while Boston Merchant Financial is regulated by Australian Securities and Investment Commission (ASIC) among others. Bell Direct serves 10,000+ clients worldwide; Boston Merchant Financial has 10,000+. The minimum deposit is $100 at Bell Direct and $50 at Boston Merchant Financial.
| Feature | Bell Direct | Boston Merchant Financial |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Regulation | Financial Markets Authority (FMA) | Australian Securities and Investment Commission (ASIC) |
| Founded | 1983 | 1988 |
| Country | New Zealand | Dubai |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bell Direct and Boston Merchant Financial, directly affecting your bottom line as a trader. Bell Direct has a lower barrier to entry with a minimum deposit of $100 (vs $50 at Boston Merchant Financial). Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; Boston Merchant Financial does not. Overall, Boston Merchant Financial scores higher on fees in our assessment.
| Feature | Bell Direct | Boston Merchant Financial |
|---|---|---|
| Min. Deposit | $100 | $50 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bell Direct offers MT5, cTrader, while Boston Merchant Financial supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Boston Merchant Financial supports social and copy trading features, which Bell Direct does not offer. The two brokers are closely matched on platform offering.
| Feature | Bell Direct | Boston Merchant Financial |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bell Direct and Boston Merchant Financial compare. Bell Direct runs regular live webinars; Boston Merchant Financial does not. Bell Direct has a video library; Boston Merchant Financial does not. Bell Direct publishes daily market commentary; Boston Merchant Financial does not. Bell Direct integrates third-party research tools (Trading Central); Boston Merchant Financial does not. Bell Direct maintains an archive of past webinars for on-demand viewing. Bell Direct scores higher overall in education and research.
| Feature | Bell Direct | Boston Merchant Financial |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
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 Boston Merchant Financial supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bell Direct | Boston Merchant Financial |
|---|---|---|
| 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 Bell Direct and Boston Merchant Financial 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 | Bell Direct | Boston Merchant Financial |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |