B

Bell Potter Securities

8.1/10
VPE Bank logo

VPE Bank

6.8/10
8/10RegulationWinner9/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
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 VPE Bank was established in 2008 and is based in Germany. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. Bell Potter Securities serves 10,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $5000 at VPE Bank.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesVPE Bank
Min. Deposit$5$5000
RegulationAustralian Securities and Investment Commission (ASIC)The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA)
Founded20152008
CountryAustrailiaGermany
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and VPE Bank, directly affecting your bottom line as a trader. Bell Potter Securities has a lower barrier to entry with a minimum deposit of $5 (vs $5000 at VPE Bank). VPE Bank charges withdrawal fees while Bell Potter Securities does not, giving Bell Potter Securities an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. VPE Bank 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 SecuritiesVPE Bank
Min. Deposit$5$5000
Withdrawal FeesNoYes
Inactivity FeesYesYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

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

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bell Potter Securities and VPE Bank 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 SecuritiesVPE Bank
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 VPE Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell Potter SecuritiesVPE Bank
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 VPE Bank 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 SecuritiesVPE Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese