Bell Direct
ForexMart
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Overview
Bell Direct was founded in 1983 and is headquartered in New Zealand, while ForexMart was established in 2015 and is based in Cyprus. Bell Direct holds licences including Financial Markets Authority (FMA), while ForexMart is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Direct serves 10,000+ clients worldwide; ForexMart has 10,000+. The minimum deposit is $100 at Bell Direct and $1 at ForexMart.
| Feature | Bell Direct | ForexMart |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Markets Authority (FMA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1983 | 2015 |
| Country | New Zealand | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bell Direct and ForexMart, directly affecting your bottom line as a trader. ForexMart has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bell Direct). ForexMart charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; ForexMart does not. ForexMart charges deposit fees; Bell Direct does not. Overall, ForexMart scores higher on fees in our assessment.
| Feature | Bell Direct | ForexMart |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Bell Direct offers MT5, cTrader, while ForexMart supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexMart supports social and copy trading features, which Bell Direct does not offer. ForexMart edges ahead on platform breadth and functionality in our scoring.
| Feature | Bell Direct | ForexMart |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | MT4, WEB, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bell Direct and ForexMart 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. ForexMart scores higher overall in education and research.
| Feature | Bell Direct | ForexMart |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
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 ForexMart supports 4 (bank transfer, credit/debit card, Skrill, Neteller). ForexMart uniquely supports Skrill and Neteller among the two brokers. ForexMart scores higher on deposit and withdrawal flexibility.
| Feature | Bell Direct | ForexMart |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 ForexMart offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Direct supports 2 languages and ForexMart supports 15, giving ForexMart broader global reach. Both brokers are comparable on support quality.
| Feature | Bell Direct | ForexMart |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian |