FXCC Information

FXCC is a regulated broker, offering trading on forex, gold, and silver with leverage up to 1:200 on the MT4 platform. The minimum deposit requirement is $100.

Pros and Cons

Is FXCC Legit?

Yes. FXCC is licensed by Cyprus Securities and Exchange Commission (CySEC) with license number 121/10 to offer services.

What Can I Trade on FXCC?

FXCC offers trading in forex, gold, and silver.

Account Type

FXCC offers a range of ECN accounts to suit all traders and offers demo accounts. And the ECN standard account offers extra benefits: zero deposit fees.

Leverage

The broker offers maximum leverage at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

FXCC Fees

ECN accounts have only a small spread, and you can use a demo account to see real-time spreads on the platform or calculate spreads using a trading calculator. No commission fees are charged.

Trading Platform

Deposit and Withdrawal

Bell Potter Information

Bell Potter is a leading full-service stockbroking and financial advisory firm in Australia, owned by Bell Financial Group (BFG.ASX). It serves individual investors, corporate, and institutional clients, offering services such as Australian/international stockbroking, fixed income, superannuation planning, corporate financing (e.g., IPOs, mergers, and acquisitions), and research analysis. The firm supports client investments through its global network.

Pros and Cons

Is Bell Potter Legit?

Bell Potter is a holder of the Australian Financial Services License (AFSL), owned by the listed company Bell Financial Group, and regulated by the Australian Securities and Investments Commission (ASIC), with the license number 000243480.

What Can I Trade in Bell Potter?

Account Type

According to the official website, Bell Potter offers the following account types:

Personal Investment Account: Suitable for individual investors, supporting trading in Australian shares, international stocks, ETFs, etc., and can be paired with superannuation planning services.

Corporate Account: Tailored for corporate clients, providing services such as IPOs, equity financing, and merger & acquisition consulting, requiring customized applications.

Institutional Account: Designed for fund companies and asset management institutions, offering trade execution, research coordination, and Corporate Access services.

Intermediary Services Account: Specifically designed for financial planners, enabling client-based trading on behalf of clients, along with research support and customized seminars.

Trading Platform

Investors can access the Bell Potter Client Access portal via the web to view real-time information such as portfolio valuations. Additionally, third-party platform integration supports electronic settlement through the CHESS system, enabling unified management of holdings with other ASX-traded assets.

Deposit and Withdrawal

Deposit is supported via bank transfer (AUD and foreign currency accounts). Withdrawal is returned to the bound bank account via the original route, and an application needs to be submitted through the account backend. AUD transactions typically arrive within 1-2 business days, while international transfers may be extended to 3-5 business days.

The primary currency is AUD, and international transactions require conversion to local currency (foreign exchange conversion fees apply).