B

Bell Direct

5.6/10
Caveo logo

Caveo

8.4/10
3/10RegulationWinner7/10
6/10FeesWinner10/10
7/10PlatformsWinner9/10
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 Caveo was established in 2016 and is based in variable. Bell Direct holds licences including Financial Markets Authority (FMA), while Caveo is regulated by Financial Conduct Authority (FCA) among others. Bell Direct serves 10,000+ clients worldwide; Caveo has 10,000+. The minimum deposit is $100 at Bell Direct and $0 at Caveo.

Caveo wins this category
FeatureBell DirectCaveo
Min. Deposit$100$0
RegulationFinancial Markets Authority (FMA)Financial Conduct Authority (FCA)
Founded19832016
CountryNew Zealandvariable
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and Caveo, directly affecting your bottom line as a trader. Caveo has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bell Direct). Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; Caveo does not. Caveo charges deposit fees; Bell Direct does not. Overall, Caveo scores higher on fees in our assessment.

Caveo wins this category
FeatureBell DirectCaveo
Min. Deposit$100$0
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Bell Direct offers MT5, cTrader, while Caveo supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Caveo edges ahead on platform breadth and functionality in our scoring.

Caveo wins this category
FeatureBell DirectCaveo
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacIRESSTrader,IRESSInvestor,netIRESS,XPLAN

Education & Research

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

Caveo wins this category
FeatureBell DirectCaveo
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 Caveo supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell DirectCaveo
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 Caveo 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 DirectCaveo
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese