B

Bell Direct

5.6/10
FP Markets logo

FP Markets

8.5/10
3/10RegulationWinner9/10
6/10FeesTied6/10
7/10PlatformsWinner9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Bell Direct was founded in 1983 and is headquartered in New Zealand, while FP Markets was established in 2005 and is based in Australia. Bell Direct holds licences including Financial Markets Authority (FMA), while FP Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Bell Direct serves 10,000+ clients worldwide; FP Markets has 10,000+. Both brokers share the same minimum deposit of $100.

FP Markets wins this category
FeatureBell DirectFP Markets
Min. Deposit$100$100
RegulationFinancial Markets Authority (FMA)Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Founded19832005
CountryNew ZealandAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and FP Markets, 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; FP Markets does not. FP Markets charges deposit fees; Bell Direct does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureBell DirectFP Markets
Min. Deposit$100$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

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

FP Markets wins this category
FeatureBell DirectFP Markets
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, MT5, IRESS, Mac, 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 FP Markets 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.

Tied
FeatureBell DirectFP Markets
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 FP Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FP Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. FP Markets scores higher on deposit and withdrawal flexibility.

FP Markets wins this category
FeatureBell DirectFP Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 FP Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Direct offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureBell DirectFP Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseNot available