B

Bell Direct

5.6/10

Forex Club

7.1/10
3/10RegulationWinner5/10
6/10FeesWinner8/10
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 Forex Club was established in 2008 and is based in Russia. Bell Direct holds licences including Financial Markets Authority (FMA), while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Direct serves 10,000+ clients worldwide; Forex Club has 10,000+. Both brokers share the same minimum deposit of $100.

Forex Club wins this category
FeatureBell DirectForex Club
Min. Deposit$100$100
RegulationFinancial Markets Authority (FMA)Cyprus Securities and Exchange Commission (CySEC)
Founded19832008
CountryNew ZealandRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and Forex Club, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; Forex Club does not. Overall, Forex Club scores higher on fees in our assessment.

Forex Club wins this category
FeatureBell DirectForex Club
Min. Deposit$100$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

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

Forex Club wins this category
FeatureBell DirectForex Club
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4,WEB,desktop

Education & Research

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

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

Tied
FeatureBell DirectForex Club
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 Forex Club 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 DirectForex Club
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese