B

Bell Potter Securities

8.1/10
macquarie securities limited logo

macquarie securities limited

7.9/10
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 macquarie securities limited was established in 2019 and is based in United States. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while macquarie securities limited is regulated by Financial Conduct Authority (FCA) among others. Bell Potter Securities serves 10,000+ clients worldwide; macquarie securities limited has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $250 at macquarie securities limited.

Bell Potter Securities wins this category
FeatureBell Potter Securitiesmacquarie securities limited
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-F274
Founded20152019
CountryAustrailiaUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and macquarie securities limited, directly affecting your bottom line as a trader. macquarie securities limited has a lower barrier to entry with a minimum deposit of $250 (vs $5 at Bell Potter Securities). macquarie securities limited 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; macquarie securities limited does not. macquarie securities limited 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 Securitiesmacquarie securities limited
Min. Deposit$5$250
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while macquarie securities limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. macquarie securities limited 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 Securitiesmacquarie securities limited
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 macquarie securities limited 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 Securitiesmacquarie securities limited
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 macquarie securities limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). macquarie securities limited uniquely supports PayPal and Skrill and Neteller among the two brokers. macquarie securities limited scores higher on deposit and withdrawal flexibility.

macquarie securities limited wins this category
FeatureBell Potter Securitiesmacquarie securities limited
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 macquarie securities limited offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Potter Securities supports 2 languages and macquarie securities limited supports 8, giving macquarie securities limited broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBell Potter Securitiesmacquarie securities limited
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic