B

Bell Direct

5.6/10

the share centre

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 the share centre was established in 2019 and is based in Bulgaria. Bell Direct holds licences including Financial Markets Authority (FMA), while the share centre is regulated by Financial Conduct Authority (FCA) among others. Bell Direct serves 10,000+ clients worldwide; the share centre has 60,000+. The minimum deposit is $100 at Bell Direct and $250 at the share centre.

the share centre wins this category
FeatureBell Directthe share centre
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-F322
Founded19832019
CountryNew ZealandBulgaria
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between Bell Direct and the share centre, 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 the share centre). the share centre charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. the share centre charges deposit fees; Bell Direct does not. Overall, Bell Direct scores higher on fees in our assessment.

Bell Direct wins this category
FeatureBell Directthe share centre
Min. Deposit$100$250
Withdrawal FeesNoYes
Inactivity FeesYesYes
Deposit FeesNoYes
CFD FeesYesYes

Platforms

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

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

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

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