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Bell Potter Securities

8.1/10
Forex.com logo

Forex.com

7.4/10
8/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner6.5/10
10/10SupportTied10/10

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Overview

Bell Potter Securities was founded in 2015 and is headquartered in Austrailia, while Forex.com was established in 2001 and is based in United States. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while Forex.com is regulated by Financial Conduct Authority (FCA) among others. Bell Potter Securities serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $5 at Bell Potter Securities and Typical at Forex.com.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesForex.com
Min. Deposit$5Typical
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
Founded20152001
CountryAustrailiaUnited States
Clients10,000+150,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and Forex.com, directly affecting your bottom line as a trader. Bell Potter Securities has a lower barrier to entry with a minimum deposit of $5 (vs Typical at Forex.com). Forex.com charges withdrawal fees while Bell Potter Securities does not, giving Bell Potter Securities an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Forex.com charges deposit fees; Bell Potter Securities does not. Overall, Bell Potter Securities scores higher on fees in our assessment.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesForex.com
Min. Deposit$5Typical
Withdrawal FeesNoYes
Inactivity FeesYesYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while Forex.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex.com 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 SecuritiesForex.com
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and 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 Forex.com 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 SecuritiesForex.com
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 Forex.com supports 3 (bank transfer, credit/debit card, PayPal). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.

Forex.com wins this category
FeatureBell Potter SecuritiesForex.com
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
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 Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Potter Securities supports 2 languages and Forex.com supports 3, giving Forex.com broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBell Potter SecuritiesForex.com
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Chinese, Arabic