Bell Direct Account Type

　　Bell Direct offers several types of trading accounts tailored to different trading needs and preferences. The main account types include:

• 　　Standard Trading Account: This account allows users to trade a wide range of financial instruments, including ASX-listed securities, options, and managed funds. The standard brokerage fee is $15 for trades up to $10,000, with reduced fees for higher trading volumes.

• 　　Direct Investment Account: This account is linked to your trading account and allows for automatic settlement of trades. It has no minimum balance requirement and offers competitive interest rates on balances.

• 　　Margin Lending Account: This account allows traders to borrow funds against their existing portfolio to increase their purchasing power. The margin rate is typically around 10%.

• 　　Demo Account: A practice account that enables users to trade with virtual funds in real market conditions, allowing new traders to familiarize themselves with the platform without financial risk.

• 　　Islamic Account: Compliant with Islamic finance principles, this account does not incur interest and allows for immediate transaction execution.

  　　

　　

Bell Direct Broker Account Opening Process

　　Opening an account with Bell Direct is a straightforward process that typically takes 1-3 business days. Here are the steps involved:

• 　　Visit the Bell Direct Website: Go to the official Bell Direct website to start the application process.

• 　　Complete the Application Form: Fill out the online application form with your personal details, including your name, address, email, and phone number.

• 　　Provide Identification: Upload a valid form of identification (such as a drivers license or passport) along with proof of residence (like a bank statement or utility bill).

• 　　Choose Your Account Type: Select the type of account you wish to open (e.g., Standard, Direct Investment, Margin Lending, etc.).

• 　　Fund Your Account: Once your application is approved, you will need to deposit funds into your account. There is no minimum deposit requirement for the Direct Investment Account.

• 　　Verify Your Identity: After submitting your application, Bell Direct will verify your identity, which may take a few days.

• 　　Start Trading: Once your account is activated and funded, you can start trading on the Bell Direct platform.

　　For more detailed guidance, you can refer to the Bell Direct account opening video.