B

Bell Direct

5.6/10

selftrade

7.4/10
3/10RegulationWinner10/10
6/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research4/10
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 selftrade was established in 2013 and is based in Australia. Bell Direct holds licences including Financial Markets Authority (FMA), while selftrade is regulated by Financial Conduct Authority (FCA) among others. Bell Direct serves 10,000+ clients worldwide; selftrade has 14,000,000+. The minimum deposit is $100 at Bell Direct and $250 at selftrade.

selftrade wins this category
FeatureBell Directselftrade
Min. Deposit$100$250
RegulationFinancial Markets Authority (FMA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F304
Founded19832013
CountryNew ZealandAustralia
Clients10,000+14,000,000+

Fees

Fees are a critical factor when choosing between Bell Direct and selftrade, 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 selftrade). selftrade charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; selftrade does not. selftrade charges deposit fees; Bell Direct does not. Overall, Bell Direct scores higher on fees in our assessment.

Bell Direct wins this category
FeatureBell Directselftrade
Min. Deposit$100$250
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

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

selftrade wins this category
FeatureBell Directselftrade
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 selftrade compare. Bell Direct runs regular live webinars; selftrade does not. Both provide video tutorials. Bell Direct publishes daily market commentary; selftrade 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 Directselftrade
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 selftrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). selftrade uniquely supports PayPal and Skrill and Neteller among the two brokers. selftrade scores higher on deposit and withdrawal flexibility.

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

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