Bell Potter Securities
Forex Club
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Overview
Bell Potter Securities was founded in 2015 and is headquartered in Austrailia, while Forex Club was established in 2008 and is based in Russia. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Potter Securities serves 10,000+ clients worldwide; Forex Club has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $100 at Forex Club.
| Feature | Bell Potter Securities | Forex Club |
|---|---|---|
| Min. Deposit | $5 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2015 | 2008 |
| Country | Austrailia | Russia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bell Potter Securities and Forex Club, directly affecting your bottom line as a trader. Forex Club 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; Forex Club does not. Overall, Bell Potter Securities scores higher on fees in our assessment.
| Feature | Bell Potter Securities | Forex Club |
|---|---|---|
| Min. Deposit | $5 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Bell Potter Securities offers MT4, MT5, cTrader, while Forex Club supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Club supports social and copy trading features, which Bell Potter Securities does not offer. The two brokers are closely matched on platform offering.
| Feature | Bell Potter Securities | Forex Club |
|---|---|---|
| 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,desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bell Potter Securities and Forex Club 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 | Forex Club |
|---|---|---|
| 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 Forex Club supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Bell Potter Securities | Forex Club |
|---|---|---|
| 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 Forex Club 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 | Forex Club |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |