B

Bell Direct

5.6/10
CM Trading logo

CM Trading

6.3/10
3/10RegulationWinner8/10
6/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
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 CM Trading was established in 2011 and is based in Seychelles. Bell Direct holds licences including Financial Markets Authority (FMA), while CM Trading is regulated by Financial Sector Conduct Authority (FSCA) among others. Bell Direct serves 10,000+ clients worldwide; CM Trading has 10,000+. The minimum deposit is $100 at Bell Direct and $250 at CM Trading.

CM Trading wins this category
FeatureBell DirectCM Trading
Min. Deposit$100$250
RegulationFinancial Markets Authority (FMA)Financial Sector Conduct Authority (FSCA)
Founded19832011
CountryNew ZealandSeychelles
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and CM Trading, directly affecting your bottom line as a trader. Bell Direct has a lower barrier to entry with a minimum deposit of $100 (vs $250 at CM Trading). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Bell Direct scores higher on fees in our assessment.

Bell Direct wins this category
FeatureBell DirectCM Trading
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesYesYes

Platforms

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

CM Trading wins this category
FeatureBell DirectCM Trading
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, Mirror Trader, Sirix, 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 CM Trading compare. Bell Direct runs regular live webinars; CM Trading does not. Both provide video tutorials. Bell Direct publishes daily market commentary; CM Trading does not. Both integrate third-party research tools. 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
FeatureBell DirectCM Trading
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 CM Trading supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell DirectCM Trading
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 CM Trading 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 DirectCM Trading
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese