Bell Potter Securities
First Trade
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Bell Potter Securities was founded in 2015 and is headquartered in Austrailia, while First Trade was established in 2008 and is based in USA. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while First Trade is regulated by Securities and Exchange Commission (SEC) among others. Bell Potter Securities serves 10,000+ clients worldwide; First Trade has 10,000+. Both brokers share the same minimum deposit of $5.
| Feature | Bell Potter Securities | First Trade |
|---|---|---|
| Min. Deposit | $5 | $5 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) |
| Founded | 2015 | 2008 |
| Country | Austrailia | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bell Potter Securities and First Trade, directly affecting your bottom line as a trader. Both require a minimum deposit of $5. First Trade 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; First Trade does not. First Trade charges deposit fees; Bell Potter Securities does not. The two brokers are broadly comparable on fee structure.
| Feature | Bell Potter Securities | First Trade |
|---|---|---|
| Min. Deposit | $5 | $5 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Bell Potter Securities offers MT4, MT5, cTrader, while First Trade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Bell Potter Securities | First Trade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bell Potter Securities and First 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. The two brokers are evenly matched on educational content.
| Feature | Bell Potter Securities | First Trade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
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 First Trade supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bell Potter Securities | First Trade |
|---|---|---|
| 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 Potter Securities and First 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.
| Feature | Bell Potter Securities | First Trade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |