B

Bell Potter Securities

8.1/10

Ducascopy Bank

4.7/10
8/10WinnerRegulation3/10
10/10WinnerFees0/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research6/10
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 Ducascopy Bank was established in 1998 and is based in Switzerland. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while Ducascopy Bank is regulated by Financial Industry Regulatory Authority (FINRA) among others. Bell Potter Securities serves 10,000+ clients worldwide; Ducascopy Bank has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $5000 at Ducascopy Bank.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesDucascopy Bank
Min. Deposit$5$5000
RegulationAustralian Securities and Investment Commission (ASIC)Financial Industry Regulatory Authority (FINRA), Financial Services Authority (FSA)
Founded20151998
CountryAustrailiaSwitzerland
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and Ducascopy Bank, directly affecting your bottom line as a trader. Bell Potter Securities has a lower barrier to entry with a minimum deposit of $5 (vs $5000 at Ducascopy Bank). Ducascopy Bank charges withdrawal fees while Bell Potter Securities does not, giving Bell Potter Securities an edge for frequent withdrawers. Bell Potter Securities applies inactivity fees on dormant accounts; Ducascopy Bank does not. Overall, Bell Potter Securities scores higher on fees in our assessment.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesDucascopy Bank
Min. Deposit$5$5000
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

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

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesDucascopy Bank
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4JForex, MT4 (via Bridge), ZuluTrade, WebTrader, Binary Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bell Potter Securities and Ducascopy Bank 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. Bell Potter Securities scores higher overall in education and research.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesDucascopy Bank
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

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 Ducascopy Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell Potter SecuritiesDucascopy Bank
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 Ducascopy Bank 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 SecuritiesDucascopy Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese