B

Bell Potter Securities

8.1/10

fx central clearing

7.7/10
8/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Bell Potter Securities was founded in 2015 and is headquartered in Austrailia, while fx central clearing was established in 2015 and is based in Portugal. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while fx central clearing is regulated by Financial Conduct Authority (FCA) among others. Bell Potter Securities serves 10,000+ clients worldwide; fx central clearing has 30,000+. The minimum deposit is $5 at Bell Potter Securities and $250 at fx central clearing.

Bell Potter Securities wins this category
FeatureBell Potter Securitiesfx central clearing
Min. Deposit$5$250
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F234
Founded20152015
CountryAustrailiaPortugal
Clients10,000+30,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and fx central clearing, directly affecting your bottom line as a trader. fx central clearing has a lower barrier to entry with a minimum deposit of $250 (vs $5 at Bell Potter Securities). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Bell Potter Securities scores higher on fees in our assessment.

Bell Potter Securities wins this category
FeatureBell Potter Securitiesfx central clearing
Min. Deposit$5$250
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while fx central clearing supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureBell Potter Securitiesfx central clearing
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 fx central clearing 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 Securitiesfx central clearing
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 fx central clearing supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx central clearing uniquely supports PayPal and Skrill and Neteller among the two brokers. fx central clearing scores higher on deposit and withdrawal flexibility.

fx central clearing wins this category
FeatureBell Potter Securitiesfx central clearing
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 fx central clearing offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Potter Securities supports 2 languages and fx central clearing supports 8, giving fx central clearing broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBell Potter Securitiesfx central clearing
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic