B

Bell Direct

5.6/10

PaxForex

7.6/10
3/10RegulationWinner6/10
6/10FeesWinner10/10
7/10PlatformsWinner9/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Bell Direct was founded in 1983 and is headquartered in New Zealand, while PaxForex was established in 2011 and is based in Saint Vincent and the Grenadines. Bell Direct holds licences including Financial Markets Authority (FMA), while PaxForex is regulated by Financial Services Authority (FSA) among others. Bell Direct serves 10,000+ clients worldwide; PaxForex has 350+. The minimum deposit is $100 at Bell Direct and $10 at PaxForex.

PaxForex wins this category
FeatureBell DirectPaxForex
Min. Deposit$100$10
RegulationFinancial Markets Authority (FMA)Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
Founded19832011
CountryNew ZealandSaint Vincent and the Grenadines
Clients10,000+350+

Fees

Fees are a critical factor when choosing between Bell Direct and PaxForex, directly affecting your bottom line as a trader. PaxForex has a lower barrier to entry with a minimum deposit of $10 (vs $100 at Bell Direct). PaxForex charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; PaxForex does not. PaxForex charges deposit fees; Bell Direct does not. Overall, PaxForex scores higher on fees in our assessment.

PaxForex wins this category
FeatureBell DirectPaxForex
Min. Deposit$100$10
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesNo

Platforms

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

PaxForex wins this category
FeatureBell DirectPaxForex
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacWeb, iPad, mac, Desktop, iPhone iOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bell Direct and PaxForex 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. PaxForex scores higher overall in education and research.

PaxForex wins this category
FeatureBell DirectPaxForex
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 PaxForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). PaxForex uniquely supports Skrill and Neteller among the two brokers. PaxForex scores higher on deposit and withdrawal flexibility.

PaxForex wins this category
FeatureBell DirectPaxForex
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
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 PaxForex offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Direct supports 2 languages and PaxForex supports 15, giving PaxForex broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBell DirectPaxForex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian