B

Bell Direct

5.6/10

patersons securities limited

6.6/10
3/10RegulationWinner5/10
6/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10Education & ResearchWinner10/10
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 patersons securities limited was established in 2015 and is based in United States. Bell Direct holds licences including Financial Markets Authority (FMA), while patersons securities limited is regulated by AFS Licence 234666 among others. Bell Direct serves 10,000+ clients worldwide; patersons securities limited has 10,000+. The minimum deposit is $100 at Bell Direct and $250 at patersons securities limited.

patersons securities limited wins this category
FeatureBell Directpatersons securities limited
Min. Deposit$100$250
RegulationFinancial Markets Authority (FMA)AFS Licence 234666
Founded19832015
CountryNew ZealandUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and patersons securities limited, 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 patersons securities limited). Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; patersons securities limited does not. patersons securities limited charges deposit fees; Bell Direct does not. Overall, Bell Direct scores higher on fees in our assessment.

Bell Direct wins this category
FeatureBell Directpatersons securities limited
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

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

patersons securities limited wins this category
FeatureBell Directpatersons securities limited
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 patersons securities limited 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. patersons securities limited scores higher overall in education and research.

patersons securities limited wins this category
FeatureBell Directpatersons securities limited
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 patersons securities limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). patersons securities limited uniquely supports PayPal and Skrill and Neteller among the two brokers. patersons securities limited scores higher on deposit and withdrawal flexibility.

patersons securities limited wins this category
FeatureBell Directpatersons securities limited
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 patersons securities limited offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Direct supports 2 languages and patersons securities limited supports 8, giving patersons securities limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBell Directpatersons securities limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic