IC Markets vs Bell Direct, Who's Better?

Compare IC Markets vs Bell Direct

All platforms for online trading has a few advantages and disadvantages, so any comprehensive IC Markets and Bell Direct review should not be complete without embracing a fair assessment.

Compare Bell Direct and IC Markets to get a better understanding of how these platforms compare with one another prior to you decide to make an account. Performing a comparative analysis will bring aspects in perspective to ensure that you remain aware of the expectations.

So you are looking for a professional broker and are choosing between IC Markets or Bell Direct. Which one is best in 2024?

Our IC Markets vs Bell Direct comparison contains the most recent information so you can easily compare Bell Direct against IC Markets.

If you are a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You will acquire proficient at all the concepts of brokerage as you continue trading. For starters, you need to select the ideal broker who will be transparent with you always.

Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. IC Markets and Bell Direct are two such stages that will take you and your investment to great heights. It is crucial to 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 entire IC Markets vs Bell Direct Review covers all you need to learn about trading using either IC Markets or Bell Direct. A good broker can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investing objectives.

There is no sure-fire method to guarantee profits; thus, you must carefully assess your broker before you choose them. It is a frequent misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.

IC Markets and Bell Direct are both brokers which have forged their way successfully to the broker world. In this review, we've tried to collate some of the vital facets of both IC Markets and Bell Direct. This review will allow you to understand whether either Bell Direct or IC Markets is a good match for your investments or not. We have attempted to breakdown all of the features and charges for your advantage.

Benefits of IC Markets and Bell Direct Compared

IC Markets has a minimum deposit of $200 while Bell Direct has 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 financial instruments available.

The more financial 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 a broker simply is vital. IC Markets and Bell Direct have the following contact details and social medias that you can use.

Bell Direct and IC Markets Mobile App Comparison

It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.

In this part of our comparison of IC Markets and Bell Direct we'll check whether either of their mobile apps tick all the boxes.

We rate overall the user-friendliness of both apps as better than average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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

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 circumstances, 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 powerful set of rules for ensuring fair trading on their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).

In accordance with their individual privacy policies, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.

Compare IC Markets vs Bell Direct Commission And Fees

IC Markets and Bell Direct are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an online broker isn't necessarily influenced by the amount of clients they have.

But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly 3 different types of fees for this purpose.

The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you are paying a spread, financing speed, 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 refers to the gap between the buying and selling cost. Financing or overnight prices are those who are charged when you hold a leveraged position for more than a day.

Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're billed for operations like depositing money, not trading for long periods, or withdrawals.

In general, neither IC Markets or Bell Direct charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who regularly exchange, such as daily or weekly trading.

But, non-trading fees charged by IC Markets and Bell Direct are comparatively higher. Consequently, you're billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not about the purchase and sale of resources.

This IC Markets vs Bell Direct review for 2024 breaks down every one of the applicable 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 easily with your online platform is a key element when comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading online.

Here you can 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 known and trusted. It is important to work with a broker that is reputable and one of the most simple ways of establishing 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 are active on their platform

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

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.