B

Bell Potter Securities

8.1/10

Forex Financial Services

5.2/10
8/10RegulationTied8/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
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 Forex Financial Services was established in 2008 and is based in Australia. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while Forex Financial Services is regulated by Australian Securities and investment Commission (ASIC) among others. Bell Potter Securities serves 10,000+ clients worldwide; Forex Financial Services has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $2500 at Forex Financial Services.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesForex Financial Services
Min. Deposit$5$2500
RegulationAustralian Securities and Investment Commission (ASIC)Australian Securities and investment Commission (ASIC)
Founded20152008
CountryAustrailiaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and Forex Financial Services, directly affecting your bottom line as a trader. Forex Financial Services has a lower barrier to entry with a minimum deposit of $2500 (vs $5 at Bell Potter Securities). Neither broker charges withdrawal fees. Bell Potter Securities applies inactivity fees on dormant accounts; Forex Financial Services does not. Forex Financial Services 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 Financial Services
Min. Deposit$5$2500
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while Forex Financial Services supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Forex Financial Services 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 Financial Services
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bell Potter Securities and Forex Financial Services compare. Bell Potter Securities runs regular live webinars; Forex Financial Services does not. Bell Potter Securities has a video library; Forex Financial Services does not. Bell Potter Securities publishes daily market commentary; Forex Financial Services does not. Bell Potter Securities integrates third-party research tools (Trading Central, Autochartist); Forex Financial Services does not. 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 SecuritiesForex Financial Services
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 Financial Services supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell Potter SecuritiesForex Financial Services
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 Forex Financial Services 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 SecuritiesForex Financial Services
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese