Bell Direct
Xtrade
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Overview
Bell Direct was founded in 1983 and is headquartered in New Zealand, while Xtrade was established in 2003 and is based in Australia. Bell Direct holds licences including Financial Markets Authority (FMA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Direct serves 10,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $100 at Bell Direct and $1 at Xtrade.
| Feature | Bell Direct | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Markets Authority (FMA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1983 | 2003 |
| Country | New Zealand | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bell Direct and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bell Direct). Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; Xtrade does not. Xtrade charges deposit fees; Bell Direct does not. Overall, Xtrade scores higher on fees in our assessment.
| Feature | Bell Direct | Xtrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
Bell Direct offers MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Xtrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Bell Direct | Xtrade |
|---|---|---|
| MT4 | No | Yes |
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bell Direct and Xtrade compare. Bell Direct runs regular live webinars; Xtrade does not. Bell Direct has a video library; Xtrade does not. Bell Direct publishes daily market commentary; Xtrade does not. Bell Direct integrates third-party research tools (Trading Central); Xtrade does not. Bell Direct maintains an archive of past webinars for on-demand viewing. Bell Direct scores higher overall in education and research.
| Feature | Bell Direct | Xtrade |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bell Direct uniquely supports bank transfer and credit/debit card among the two brokers. Bell Direct scores higher on deposit and withdrawal flexibility.
| Feature | Bell Direct | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | No | Not available |
| Neteller | No | Not available |
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 Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Direct offers multilingual support. Both brokers are comparable on support quality.
| Feature | Bell Direct | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |