B

Bell Direct

5.6/10
TopForex logo

TopForex

7.8/10
3/10RegulationWinner7/10
6/10FeesTied6/10
7/10PlatformsWinner9/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bell Direct was founded in 1983 and is headquartered in New Zealand, while TopForex was established in 2009 and is based in Cyprus. Bell Direct holds licences including Financial Markets Authority (FMA), while TopForex is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Direct serves 10,000+ clients worldwide; TopForex has 10,000+. Both brokers share the same minimum deposit of $100.

TopForex wins this category
FeatureBell DirectTopForex
Min. Deposit$100$100
RegulationFinancial Markets Authority (FMA)Cyprus Securities and Exchange Commission (CySEC)
Founded19832009
CountryNew ZealandCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and TopForex, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. TopForex charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; TopForex does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureBell DirectTopForex
Min. Deposit$100$100
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesYes

Platforms

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

TopForex wins this category
FeatureBell DirectTopForex
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacMT4, Web 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 TopForex 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. TopForex scores higher overall in education and research.

TopForex wins this category
FeatureBell DirectTopForex
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 TopForex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell DirectTopForex
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
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 TopForex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureBell DirectTopForex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese