B

Bell Direct

5.6/10
Roboforex logo

Roboforex

7.9/10
3/10RegulationWinner5/10
6/10FeesWinner10/10
7/10PlatformsWinner10/10
6/10Education & ResearchWinner7/10
4/10Deposits & WithdrawalsWinner6/10
10/10SupportTied10/10

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Overview

Bell Direct was founded in 1983 and is headquartered in New Zealand, while Roboforex was established in 2009 and is based in Belize. Bell Direct holds licences including Financial Markets Authority (FMA), while Roboforex is regulated by RoboForex Ltd is a financial brokerage company regulated by the FSC among others. Bell Direct serves 10,000+ clients worldwide; Roboforex has 10,000+. The minimum deposit is $100 at Bell Direct and $1 at Roboforex.

Roboforex wins this category
FeatureBell DirectRoboforex
Min. Deposit$100$1
RegulationFinancial Markets Authority (FMA)RoboForex Ltd is a financial brokerage company regulated by the FSC, license No. 000138/437, reg. number 128.572. Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize.
Founded19832009
CountryNew ZealandBelize
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and Roboforex, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bell Direct). Roboforex charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; Roboforex does not. Overall, Roboforex scores higher on fees in our assessment.

Roboforex wins this category
FeatureBell DirectRoboforex
Min. Deposit$100$1
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

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

Roboforex wins this category
FeatureBell DirectRoboforex
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, MT5, Mac, 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 Roboforex 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. Roboforex scores higher overall in education and research.

Roboforex wins this category
FeatureBell DirectRoboforex
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 Roboforex supports 3 (bank transfer, credit/debit card, Neteller). Roboforex uniquely supports Neteller among the two brokers. Roboforex scores higher on deposit and withdrawal flexibility.

Roboforex wins this category
FeatureBell DirectRoboforex
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
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 Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Direct supports 2 languages and Roboforex supports 13, giving Roboforex broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBell DirectRoboforex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian