Chase Bank
Directshares
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Overview
Chase Bank was founded in 1975 and is headquartered in United States, while Directshares was established in 2007 and is based in Australia. Chase Bank holds licences including Australian Securities and Investment Commission (ASIC), while Directshares is regulated by The Portuguese Securities Market Commission (CMVM) among others. Chase Bank serves 10,000+ clients worldwide; Directshares has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Chase Bank | Directshares |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC) | The Portuguese Securities Market Commission (CMVM) |
| Founded | 1975 | 2007 |
| Country | United States | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Chase Bank and Directshares, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Directshares charges withdrawal fees while Chase Bank does not, giving Chase Bank an edge for frequent withdrawers. Directshares charges deposit fees; Chase Bank does not. Overall, Chase Bank scores higher on fees in our assessment.
| Feature | Chase Bank | Directshares |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Chase Bank offers MT4, MT5, cTrader, while Directshares supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Directshares supports social and copy trading features, which Chase Bank does not offer. The two brokers are closely matched on platform offering.
| Feature | Chase Bank | Directshares |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Desktop,Android,iPhone/iPad,Mac | MT4,iOS,MacBook,iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Chase Bank and Directshares 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. The two brokers are evenly matched on educational content.
| Feature | Chase Bank | Directshares |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Chase Bank accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Directshares supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Chase Bank | Directshares |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Chase Bank and Directshares 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.
| Feature | Chase Bank | Directshares |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |