B

Bell Direct

5.6/10
EagleFX logo

EagleFX

5.8/10
3/10RegulationTied3/10
6/10FeesWinner10/10
7/10PlatformsTied7/10
6/10WinnerEducation & Research0/10
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 EagleFX was established in 2019 and is based in Dominica. Bell Direct holds licences including Financial Markets Authority (FMA), while EagleFX is regulated by Unregulated among others. Bell Direct serves 10,000+ clients worldwide; EagleFX has 5,000+. The minimum deposit is $100 at Bell Direct and $10 at EagleFX.

EagleFX wins this category
FeatureBell DirectEagleFX
Min. Deposit$100$10
RegulationFinancial Markets Authority (FMA)Unregulated
Founded19832019
CountryNew ZealandDominica
Clients10,000+5,000+

Fees

Fees are a critical factor when choosing between Bell Direct and EagleFX, directly affecting your bottom line as a trader. EagleFX has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Bell Direct). EagleFX charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, EagleFX scores higher on fees in our assessment.

EagleFX wins this category
FeatureBell DirectEagleFX
Min. Deposit$100$10
Withdrawal FeesNoYes
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Bell Direct offers MT5, cTrader, while EagleFX supports MT4, MT5, cTrader, a proprietary platform. Bell Direct offers a mobile trading app; mobile availability for EagleFX is limited. EagleFX supports social and copy trading features, which Bell Direct does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBell DirectEagleFX
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesNo
Android AppYesNo
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, 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 EagleFX compare. Bell Direct runs regular live webinars; EagleFX does not. Bell Direct has a video library; EagleFX does not. Bell Direct publishes daily market commentary; EagleFX does not. Bell Direct integrates third-party research tools (Trading Central); EagleFX does not. 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 DirectEagleFX
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

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 EagleFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell DirectEagleFX
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 EagleFX 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 DirectEagleFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese