Bell Direct
Nadex
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Overview
Bell Direct was founded in 1983 and is headquartered in New Zealand, while Nadex was established in 2008 and is based in USA. Bell Direct holds licences including Financial Markets Authority (FMA), while Nadex is regulated by Unregulated among others. Bell Direct serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $100 at Bell Direct and $250 at Nadex.
| Feature | Bell Direct | Nadex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Markets Authority (FMA) | Unregulated |
| Founded | 1983 | 2008 |
| Country | New Zealand | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bell Direct and Nadex, 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 Nadex). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Bell Direct scores higher on fees in our assessment.
| Feature | Bell Direct | Nadex |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
Bell Direct offers MT5, cTrader, while Nadex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Nadex supports social and copy trading features, which Bell Direct does not offer. The two brokers are closely matched on platform offering.
| Feature | Bell Direct | Nadex |
|---|---|---|
| MT4 | No | No |
| 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 | Web,iPad,mac,Desktop,iPhoneiOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bell Direct and Nadex compare. Bell Direct runs regular live webinars; Nadex does not. Bell Direct has a video library; Nadex does not. Bell Direct publishes daily market commentary; Nadex does not. Bell Direct integrates third-party research tools (Trading Central); Nadex does not. Bell Direct maintains an archive of past webinars for on-demand viewing. Bell Direct scores higher overall in education and research.
| Feature | Bell Direct | Nadex |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 Nadex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bell Direct | Nadex |
|---|---|---|
| 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 Nadex 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 | Nadex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |