Bell Direct
ForexTB
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Overview
Bell Direct was founded in 1983 and is headquartered in New Zealand, while ForexTB was established in 2015 and is based in Cyprus. Bell Direct holds licences including Financial Markets Authority (FMA), while ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Direct serves 10,000+ clients worldwide; ForexTB has 5,000+. The minimum deposit is $100 at Bell Direct and $250 at ForexTB.
| Feature | Bell Direct | ForexTB |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Markets Authority (FMA) | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 |
| Founded | 1983 | 2015 |
| Country | New Zealand | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between Bell Direct and ForexTB, 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 ForexTB). Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; ForexTB does not. Overall, Bell Direct scores higher on fees in our assessment.
| Feature | Bell Direct | ForexTB |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bell Direct offers MT5, cTrader, while ForexTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ForexTB edges ahead on platform breadth and functionality in our scoring.
| Feature | Bell Direct | ForexTB |
|---|---|---|
| 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 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 ForexTB 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. The two brokers are evenly matched on educational content.
| Feature | Bell Direct | ForexTB |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
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 ForexTB supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bell Direct | ForexTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 ForexTB 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.
| Feature | Bell Direct | ForexTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |