B

Bell Potter Securities

8.1/10

WIT Invest

5.9/10
8/10WinnerRegulation3/10
10/10WinnerFees6/10
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 WIT Invest was established in 2008 and is based in Saint Vincent and the Grenadines. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while WIT Invest is regulated by Unregulated among others. Bell Potter Securities serves 10,000+ clients worldwide; WIT Invest has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $100 at WIT Invest.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesWIT Invest
Min. Deposit$5$100
RegulationAustralian Securities and Investment Commission (ASIC)Unregulated
Founded20152008
CountryAustrailiaSaint Vincent and the Grenadines
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and WIT Invest, directly affecting your bottom line as a trader. WIT Invest has a lower barrier to entry with a minimum deposit of $100 (vs $5 at Bell Potter Securities). Neither broker charges withdrawal fees. Bell Potter Securities applies inactivity fees on dormant accounts; WIT Invest does not. WIT Invest 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 SecuritiesWIT Invest
Min. Deposit$5$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while WIT Invest supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. WIT Invest 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 SecuritiesWIT Invest
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4Desktop, Tablet & Mobile apps,Mac

Education & Research

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

Tied
FeatureBell Potter SecuritiesWIT Invest
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 WIT Invest 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 SecuritiesWIT Invest
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese