B

Bell Direct

5.6/10

Spreadex

8.2/10
3/10RegulationWinner8/10
6/10FeesWinner10/10
7/10PlatformsWinner9/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner5.5/10
10/10SupportTied10/10

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Overview

Bell Direct was founded in 1983 and is headquartered in New Zealand, while Spreadex was established in 1999 and is based in UK. Bell Direct holds licences including Financial Markets Authority (FMA), while Spreadex is regulated by Financial Conduct Authority (FCA) among others. Bell Direct serves 10,000+ clients worldwide; Spreadex has 10,000+. The minimum deposit is $100 at Bell Direct and $0 at Spreadex.

Spreadex wins this category
FeatureBell DirectSpreadex
Min. Deposit$100$0
RegulationFinancial Markets Authority (FMA)Financial Conduct Authority (FCA), registration number 190941
Founded19831999
CountryNew ZealandUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and Spreadex, directly affecting your bottom line as a trader. Spreadex has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bell Direct). Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; Spreadex does not. Overall, Spreadex scores higher on fees in our assessment.

Spreadex wins this category
FeatureBell DirectSpreadex
Min. Deposit$100$0
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

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

Spreadex wins this category
FeatureBell DirectSpreadex
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacWeb Trader, 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 Spreadex 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. Spreadex scores higher overall in education and research.

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

Spreadex wins this category
FeatureBell DirectSpreadex
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoYes
NetellerNoNo

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 Spreadex offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Direct supports 2 languages and Spreadex supports 1, giving Bell Direct broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBell DirectSpreadex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish