B

Bell Potter Securities

8.1/10

Colmex

6.1/10
8/10WinnerRegulation4/10
10/10WinnerFees8/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bell Potter Securities was founded in 2015 and is headquartered in Austrailia, while Colmex was established in 1990 and is based in Cyprus. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while Colmex is regulated by Securities and Exchange Commission (SEC) among others. Bell Potter Securities serves 10,000+ clients worldwide; Colmex has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $100 at Colmex.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesColmex
Min. Deposit$5$100
RegulationAustralian Securities and Investment Commission (ASIC)Securities and Exchange Commission (SEC)
Founded20151990
CountryAustrailiaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and Colmex, directly affecting your bottom line as a trader. Colmex has a lower barrier to entry with a minimum deposit of $100 (vs $5 at Bell Potter Securities). Neither broker charges withdrawal fees. Bell Potter Securities applies inactivity fees on dormant accounts; Colmex does not. Overall, Bell Potter Securities scores higher on fees in our assessment.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesColmex
Min. Deposit$5$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while Colmex supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Colmex supports social and copy trading features, which Bell Potter Securities does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBell Potter SecuritiesColmex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4Desktop,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bell Potter Securities and Colmex compare. Bell Potter Securities runs regular live webinars; Colmex does not. Both provide video tutorials. Bell Potter Securities publishes daily market commentary; Colmex does not. Both integrate third-party research tools. Bell Potter Securities maintains an archive of past webinars for on-demand viewing. Bell Potter Securities scores higher overall in education and research.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesColmex
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bell Potter Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Colmex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell Potter SecuritiesColmex
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 Potter Securities and Colmex 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 Potter SecuritiesColmex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese