IC Markets vs Bell Direct, Updated for 2022
|
|
IC Markets Rating: 8.34 / 10 |
Bell Direct Rating: 3.91 / 10 |
Losses can exceed deposits |
Your capital is at risk |
IC Markets vs Bell Direct Guide |
Read our In-Depth IC Markets vs Bell Direct Review - Updated for 2022
This IC Markets vs Bell Direct review has been updated for 2022 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.
So you are looking for an online trading platform and are choosing between IC Markets or Bell Direct. Who should you choose?
Our IC Markets vs Bell Direct review contains the latest information so you can easily compare Bell Direct against IC Markets.
If you're a new entrant in the world of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You will get adept at all the concepts of brokerage as you keep trading. For starters, you have to select the right agent who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. IC Markets and Bell Direct are just two such companies that will take you along with your investment to great heights. It's important that you compare IC Markets vs Bell Direct before you trust them with your money.
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 all you will need to know about trading with either IC Markets or Bell Direct. A good broker can multiply your initial investments and give you positive profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire way to ensure profits; thus, you should carefully assess your agent before you select them. It is a frequent misconception that all agents are the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
IC Markets and Bell Direct are both brokers which have forged their way successfully into the broker world. In this review, we have tried to collate some of the vital aspects of both IC Markets and Bell Direct. This review can help you to understand whether either Bell Direct or IC Markets is a good match for your own investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Compare IC Markets vs Bell Direct
Every online trading platform will have a few pros and cons, and no IC Markets and Bell Direct review would be complete without having a balanced approach. 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.
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 whilst Bell Direct allows you to trade around 232 available.
The more financial instruments you can trade on the IC Markets and Bell Direct 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 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.
|
||
---|---|---|
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 |
|
|
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.
We rate overall the user-friendliness of the apps as Better than the 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IC Markets vs Bell Direct - Awards
|
||
---|---|---|
Broker | IC Markets | Bell Direct |
Awards |
IC Markets have won numerous industry awards over the years they have been operating as a financial broker. We detail the most notable awards for IC Markets below.
|
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. |
Find Out More |
|
|
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 headquaters 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 current situation, 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 choice.
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 powerful set of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is never to be shared with any other institutions or individuals. This includes 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 many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an internet broker is not necessarily affected by the amount of customers they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly three types of fees for this objective.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In such cases, you're spending a spread, funding rate, or even a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people who are charged when you maintain a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the activities you undertake on your accounts. They're charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither IC Markets or Bell Direct charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by IC Markets and Bell Direct are comparatively lower. As a result, you're billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of resources.
This IC Markets vs Bell Direct review for 2022 breaks down each of the relevant non-trading fees 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 communicate completely with your trading platform is a key part of comparing brokers to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading online.
Below you will find the languages that both IC Markets and Bell Direct support.
How Many Clients Do IC Markets and Bell Direct Have?
Both IC Markets and Bell Direct are well established with their customer base. It is really important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers IC Markets and Bell Direct have
|
||
---|---|---|
Broker | IC Markets | Bell Direct |
Clients / Users | 60,000+ | 10,000+ |
Find Out More |
|
|
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
|
||
---|---|---|
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 |
|
|
What Can You Trade With IC Markets and Bell Direct?
IC Markets offers 232 trading instruments while 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
IC Markets Review
IC Markets vs Bell Direct:
Table Of Contents
- Compare IC Markets vs Bell Direct
- Benefits of IC Markets and Bell Direct Compared
- Bell Direct and IC Markets Mobile App Comparison
- IC Markets vs Bell Direct - Awards
- IC Markets vs Bell Direct - Frequently Asked Questions
- What is the minimum deposit for Bell Direct or IC Markets
- IC Markets vs Bell Direct - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Bell Direct
- What Languages Do IC Markets And Bell Direct Support?
- How Many Clients Do IC Markets and Bell Direct Have?
- What Payment Methods Do IC Markets and Bell Direct Accept?
- What Can You Trade With IC Markets and Bell Direct?