IC Markets vs Bell Direct, Who's The Best?
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IC Markets Rating
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Bell Direct Rating
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IC Markets vs Bell Direct Guide |
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Read our In-Depth IC Markets vs Bell Direct Review - for 2023
This IC Markets vs Bell Direct review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this IC Markets vs Bell Direct review does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Bell Direct Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Bell Direct
Every online trading platform has a few pros and cons, and no IC Markets and Bell Direct review would be complete without showing both sides. Compare IC Markets and Bell Direct to understand how they stack up against each other before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between IC Markets or Bell Direct. Who is better in 2023?
This IC Markets vs Bell Direct comparison contains the latest information so you can easily compare Bell Direct against IC Markets.
If you are a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You will acquire proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the right agent who'll be transparent with you always.
Within this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. IC Markets and Bell Direct are just two such trading platforms which will take you along with your investment into great heights. It is important to compare IC Markets vs Bell Direct until you trust them with your cash.
Our IC Markets vs Bell Direct comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Bell Direct side by side.
Our full IC Markets vs Bell Direct Review covers everything you need to learn about trading using either IC Markets or Bell Direct. A fantastic broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your agent before you select them. It's a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and Bell Direct are both brokers that have paved their way successfully into the broker world. Within this review, we have tried to collate some of the vital aspects of both IC Markets and Bell Direct. This review will allow you to know whether either Bell Direct or IC Markets is a good match for your investments or not. We've tried to breakdown all of the features and charges for your convenience.
Benefits of IC Markets and Bell Direct Compared
IC Markets offers a minimum deposit of $200 while Bell Direct offers a $100 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Bell Direct compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IC Markets allows you to trade around 232 financial instruments while Bell Direct allows you to trade around 232 on their platform.
The more instruments you can trade on the IC Markets and Bell Direct trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of IC Markets or Bell Direct.
IC Markets and Bell Direct Contact Details
Being able to contact your broker easily is a sign of a professional broker. IC Markets and Bell Direct have the following contact details and social medias that you can use.
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| Broker | IC Markets | Bell Direct |
| Telephone Number | +248 467 19 76 | |
| support@icmarkets.com | ||
| Address | Level 4, 50 Carrington Street, Sydney NSW 2000 | |
| IC Markets Twitter Account | Bell Direct Twitter Account | |
| IC Markets Facebook Page | Bell Direct Facebook Page | |
| IC Markets Instagram Account | Bell Direct Instagram Account | |
| IC Markets LinkedIn Page | Bell Direct LinkedIn Page | |
| YouTube | IC Markets YouTube Channel | Bell Direct YouTube Channel |
| Find Out More |
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Bell Direct and IC Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing IC Markets and Bell Direct will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
IC Markets vs Bell Direct - Awards
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| Broker | IC Markets | Bell Direct |
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IC Markets have won a lot of industry awards over the time they have been running as an online broker. We detail the most notable awards for IC Markets here.
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At the time of writing this Bell Direct review, and despite Bell Direct’s impressive offering, the company has surprisingly not garnered any awards to date. |
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IC Markets vs Bell Direct - Frequently Asked Questions
IC Markets vs Bell Direct - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Bell Direct was founded in 1983 and has its head office in New Zealand.
What is the minimum deposit for Bell Direct or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Bell Direct is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and Bell Direct are a good option.
IC Markets vs Bell Direct - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Bell Direct is regulated by Financial Markets Authority (FMA).
Both IC Markets and Bell Direct have a strong collection of rules for ensuring honest trading onto their own platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs Bell Direct Commission And Fees
IC Markets and Bell Direct are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the number of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 types of fees for this objective.
The first kind of fees to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are spending a spread, financing rate, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake in your account. They are billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither IC Markets or Bell Direct charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees billed by IC Markets and Bell Direct are relatively competitive. Consequently, you are charged more for non-trading activities on your trading accounts, like withdrawal and deposits. These aren't about the sale and purchase of assets.
This IC Markets vs Bell Direct review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For IC Markets And Bell Direct
What Languages Do IC Markets And Bell Direct Support?
Being able to chat easily with your trading broker is a key element when comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you can find the languages that both IC Markets and Bell Direct offer communication in.
How Many Clients Do IC Markets and Bell Direct Have?
Both IC Markets and Bell Direct are well known and trusted. It is really important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients IC Markets and Bell Direct have
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| Broker | IC Markets | Bell Direct |
| Clients / Users | 60,000+ | 10,000+ |
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What Payment Methods Do IC Markets and Bell Direct Accept?
IC Markets and Bell Direct both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IC Markets and Bell Direct
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| Broker | IC Markets | Bell Direct |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Payoneer | No | Yes |
| Neteller | Yes | No |
| Find Out More |
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What Can You Trade With IC Markets and Bell Direct?
IC Markets offers 232 trading instruments and Bell Direct offers 50.
Below you will find a full breakdown of what both IC Markets and Bell Direct offer.
Compare IC Markets To All Other Brokers
Compare Bell Direct To All Other Brokers