Bell Direct
UFX
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Overview
Bell Direct was founded in 1983 and is headquartered in New Zealand, while UFX was established in 2007 and is based in Republic of Vanuatu. Bell Direct holds licences including Financial Markets Authority (FMA), while UFX is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Direct serves 10,000+ clients worldwide; UFX has 10,000+. The minimum deposit is $100 at Bell Direct and $500 at UFX.
| Feature | Bell Direct | UFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Regulation | Financial Markets Authority (FMA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1983 | 2007 |
| Country | New Zealand | Republic of Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bell Direct and UFX, directly affecting your bottom line as a trader. Bell Direct has a lower barrier to entry with a minimum deposit of $100 (vs $500 at UFX). UFX charges withdrawal fees while Bell Direct does not, giving Bell Direct an edge for frequent withdrawers. Bell Direct applies inactivity fees on dormant accounts; UFX does not. Overall, Bell Direct scores higher on fees in our assessment.
| Feature | Bell Direct | UFX |
|---|---|---|
| Min. Deposit | $100 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bell Direct offers MT5, cTrader, while UFX supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. UFX supports social and copy trading features, which Bell Direct does not offer. The two brokers are closely matched on platform offering.
| Feature | Bell Direct | UFX |
|---|---|---|
| MT4 | No | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | MT4, 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 UFX compare. Bell Direct runs regular live webinars; UFX does not. Both provide video tutorials. Bell Direct publishes daily market commentary; UFX 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.
| Feature | Bell Direct | UFX |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
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 UFX supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bell Direct | UFX |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
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 UFX 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.
| Feature | Bell Direct | UFX |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |