B

Bell Potter Securities

8.1/10

selftrade

7.4/10
8/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
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 selftrade was established in 2013 and is based in Australia. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while selftrade is regulated by Financial Conduct Authority (FCA) among others. Bell Potter Securities serves 10,000+ clients worldwide; selftrade has 14,000,000+. The minimum deposit is $5 at Bell Potter Securities and $250 at selftrade.

Bell Potter Securities wins this category
FeatureBell Potter Securitiesselftrade
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-F304
Founded20152013
CountryAustrailiaAustralia
Clients10,000+14,000,000+

Fees

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

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while selftrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. selftrade 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 Securitiesselftrade
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 selftrade compare. Bell Potter Securities runs regular live webinars; selftrade does not. Both provide video tutorials. Bell Potter Securities publishes daily market commentary; selftrade 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 Securitiesselftrade
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 selftrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). selftrade uniquely supports PayPal and Skrill and Neteller among the two brokers. selftrade scores higher on deposit and withdrawal flexibility.

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

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