B

Bell Potter Securities

8.1/10

OptionWeb

6.4/10
8/10WinnerRegulation7/10
10/10WinnerFees8/10
9/10WinnerPlatforms7/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Bell Potter Securities was founded in 2015 and is headquartered in Austrailia, while OptionWeb was established in 2012 and is based in Cyprus. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Potter Securities serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $200 at OptionWeb.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesOptionWeb
Min. Deposit$5$200
RegulationAustralian Securities and Investment Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)
Founded20152012
CountryAustrailiaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and OptionWeb, directly affecting your bottom line as a trader. OptionWeb has a lower barrier to entry with a minimum deposit of $200 (vs $5 at Bell Potter Securities). Neither broker charges withdrawal fees. Bell Potter Securities applies inactivity fees on dormant accounts; OptionWeb does not. Overall, Bell Potter Securities scores higher on fees in our assessment.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesOptionWeb
Min. Deposit$5$200
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bell Potter Securities edges ahead on platform breadth and functionality in our scoring.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesOptionWeb
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4Binary, 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 OptionWeb compare. Bell Potter Securities runs regular live webinars; OptionWeb does not. Both provide video tutorials. Bell Potter Securities publishes daily market commentary; OptionWeb does not. Both integrate third-party research tools. 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 SecuritiesOptionWeb
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 OptionWeb supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell Potter SecuritiesOptionWeb
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 OptionWeb 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 SecuritiesOptionWeb
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese