B

Bell Direct

5.6/10

Eightcap

5.6/10
3/10RegulationWinner7/10
6/10WinnerFees4/10
7/10PlatformsWinner9/10
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 Eightcap was established in 2009 and is based in Australia. Bell Direct holds licences including Financial Markets Authority (FMA), while Eightcap is regulated by Australian Securities and Investment Commission (ASIC) among others. Bell Direct serves 10,000+ clients worldwide; Eightcap has 10,000+. Both brokers share the same minimum deposit of $100.

Tied
FeatureBell DirectEightcap
Min. Deposit$100$100
RegulationFinancial Markets Authority (FMA)Australian Securities and Investment Commission (ASIC)
Founded19832009
CountryNew ZealandAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and Eightcap, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Eightcap 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, Bell Direct scores higher on fees in our assessment.

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

Platforms

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

Eightcap wins this category
FeatureBell DirectEightcap
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, 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 Eightcap compare. Bell Direct runs regular live webinars; Eightcap does not. Bell Direct has a video library; Eightcap does not. Bell Direct publishes daily market commentary; Eightcap does not. Bell Direct integrates third-party research tools (Trading Central); Eightcap 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 DirectEightcap
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 Eightcap supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell DirectEightcap
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 Eightcap 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 DirectEightcap
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese