B

Bell Potter Securities

8.1/10
XGLOBAL Markets logo

XGLOBAL Markets

5.6/10
8/10WinnerRegulation5/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
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 XGLOBAL Markets was established in 2008 and is based in Cyprus. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Potter Securities serves 10,000+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $500 at XGLOBAL Markets.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesXGLOBAL Markets
Min. Deposit$5$500
RegulationAustralian Securities and Investment Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)
Founded20152008
CountryAustrailiaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and XGLOBAL Markets, directly affecting your bottom line as a trader. Bell Potter Securities has a lower barrier to entry with a minimum deposit of $5 (vs $500 at XGLOBAL Markets). XGLOBAL Markets 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; XGLOBAL Markets does not. XGLOBAL Markets 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 SecuritiesXGLOBAL Markets
Min. Deposit$5$500
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureBell Potter SecuritiesXGLOBAL Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4Desktop,iOS,Android

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bell Potter Securities and XGLOBAL Markets compare. Bell Potter Securities runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. Bell Potter Securities publishes daily market commentary; XGLOBAL Markets 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 SecuritiesXGLOBAL Markets
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 XGLOBAL Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBell Potter SecuritiesXGLOBAL Markets
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 XGLOBAL Markets 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 SecuritiesXGLOBAL Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese