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Burrell Stockbroking logo

Burrell Stockbroking

7.3/10

Nadex

3.9/10
6/10WinnerRegulation3/10
8/10WinnerFees0/10
9/10WinnerPlatforms7/10
6/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Burrell Stockbroking was founded in 1968 and is headquartered in Australia, while Nadex was established in 2008 and is based in USA. Burrell Stockbroking holds licences including Malta Financial Services Authority (MFSA), while Nadex is regulated by Unregulated among others. Burrell Stockbroking serves 10,000+ clients worldwide; Nadex has 10,000+. The minimum deposit is $100 at Burrell Stockbroking and $250 at Nadex.

Burrell Stockbroking wins this category
FeatureBurrell StockbrokingNadex
Min. Deposit$100$250
RegulationMalta Financial Services Authority (MFSA)Unregulated
Founded19682008
CountryAustraliaUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Burrell Stockbroking and Nadex, directly affecting your bottom line as a trader. Burrell Stockbroking has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Nadex). Neither broker charges withdrawal fees. Nadex applies inactivity fees on dormant accounts; Burrell Stockbroking does not. Overall, Burrell Stockbroking scores higher on fees in our assessment.

Burrell Stockbroking wins this category
FeatureBurrell StockbrokingNadex
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Burrell Stockbroking offers MT4, MT5, cTrader, while Nadex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Nadex supports social and copy trading features, which Burrell Stockbroking does not offer. Burrell Stockbroking edges ahead on platform breadth and functionality in our scoring.

Burrell Stockbroking wins this category
FeatureBurrell StockbrokingNadex
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone,MacWeb,iPad,mac,Desktop,iPhoneiOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Burrell Stockbroking and Nadex compare. Burrell Stockbroking runs regular live webinars; Nadex does not. Burrell Stockbroking has a video library; Nadex does not. Burrell Stockbroking publishes daily market commentary; Nadex does not. Burrell Stockbroking integrates third-party research tools (Trading Central); Nadex does not. Burrell Stockbroking maintains an archive of past webinars for on-demand viewing. Burrell Stockbroking scores higher overall in education and research.

Burrell Stockbroking wins this category
FeatureBurrell StockbrokingNadex
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Burrell Stockbroking accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Nadex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBurrell StockbrokingNadex
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 Burrell Stockbroking and Nadex 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
FeatureBurrell StockbrokingNadex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese