B

Bell Direct

5.6/10
Zacks Trade logo

Zacks Trade

6.1/10
3/10RegulationTied3/10
6/10WinnerFees0/10
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 Zacks Trade was established in 2008 and is based in United States. Bell Direct holds licences including Financial Markets Authority (FMA), while Zacks Trade is regulated by Unregulated among others. Bell Direct serves 10,000+ clients worldwide; Zacks Trade has 10,000+. The minimum deposit is $100 at Bell Direct and $2500 at Zacks Trade.

Zacks Trade wins this category
FeatureBell DirectZacks Trade
Min. Deposit$100$2500
RegulationFinancial Markets Authority (FMA)Unregulated
Founded19832008
CountryNew ZealandUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Direct and Zacks Trade, directly affecting your bottom line as a trader. Bell Direct has a lower barrier to entry with a minimum deposit of $100 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. Bell Direct applies inactivity fees on dormant accounts; Zacks Trade does not. Zacks Trade charges deposit fees; Bell Direct does not. Overall, Bell Direct scores higher on fees in our assessment.

Bell Direct wins this category
FeatureBell DirectZacks Trade
Min. Deposit$100$2500
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Bell Direct offers MT5, cTrader, while Zacks Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Zacks Trade edges ahead on platform breadth and functionality in our scoring.

Zacks Trade wins this category
FeatureBell DirectZacks Trade
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid,WEB,Desktop,iPhone,MacAndroid,iPhone/iPad,Tablet

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bell Direct and Zacks Trade 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. Zacks Trade scores higher overall in education and research.

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

Tied
FeatureBell DirectZacks Trade
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 Zacks Trade 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 DirectZacks Trade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese