B

Bell Direct

5.6/10

GDMFX

5.6/10
3/10RegulationTied3/10
6/10FeesTied6/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Bell Direct was founded in 1983 and is headquartered in New Zealand, while GDMFX was established in 2012 and is based in Anguilla. Bell Direct holds licences including Financial Markets Authority (FMA), while GDMFX is regulated by Unregulated among others. Bell Direct serves 10,000+ clients worldwide; GDMFX has 10,000+. Both brokers share the same minimum deposit of $100.

Tied
FeatureBell DirectGDMFX
Min. Deposit$100$100
RegulationFinancial Markets Authority (FMA)Unregulated
Founded19832012
CountryNew ZealandAnguilla
Clients10,000+10,000+

Fees

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

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

Platforms

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

GDMFX wins this category
FeatureBell DirectGDMFX
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, 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 GDMFX compare. Bell Direct runs regular live webinars; GDMFX does not. Both provide video tutorials. Bell Direct publishes daily market commentary; GDMFX does not. Both integrate third-party research tools. 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 DirectGDMFX
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 GDMFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell DirectGDMFX
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 GDMFX 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 DirectGDMFX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese