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Pros

Offers access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Provides customer support with a dedicated contact number and email.
Established presence in Australia with over 10 years of operation.

Cons

Not properly regulated, which raises concerns about the safety and security of client funds.
Does not support popular trading platforms like MT4 or MT5, limiting trading options for users.
Lacks client insurance, increasing the risk for traders.

BELLMONT broker Accounts

Bellmont Securities Account Types

Bellmont Securities offers various account types tailored to meet the needs of different investors. The primary account types include:

  • Self-Directed Share Trading Account: This account allows investors to buy and sell Australian shares conveniently. It features a web-based trading platform called Bellmont O-Trader, which includes customizable trade screens, advanced charting tools, and access to ASX stocks, ETFs, and warrants.

  • Specialist Broking Account: Specifically designed for the legal industry, this account facilitates the handling of shares in deceased estates. Services include share sales, transfers to beneficiaries, and extraction of shareholding information without the need for a trading account.

  • Forex Account: Although primarily focused on share trading, Bellmont also provides services for foreign exchange trading. This account type is regulated under ASIC and allows clients to engage in forex trading with professional support.

  • Bellmont Securities Broker Account Opening Process

    Opening a broker account with Bellmont Securities is simple and can be completed online in just a few steps:

    • Application Process:
      • Visit the Bellmont Securities website and complete the online application form. The application process typically takes 5 to 15 minutes.
      • You will need to provide personal information such as your name, address, and identification documents.
      • Funding Your Account:
        • After your application is approved, you will need to fund your account. Bellmont allows you to transfer funds electronically from your bank account or deposit a check.
        • Account Activation:
          • Once your account is funded, you can start trading immediately. For self-directed accounts, you can access the Bellmont O-Trader platform to manage your investments.
          • Brokerage Fees:
            • Bellmont charges a brokerage fee starting from $20 or 0.12% per transaction (excluding GST), making it an affordable option for investors.
            • Support:
              • If you encounter any issues or have questions during the process, Bellmont offers dedicated support through their customer service team, available via phone or email.

              For more information, you can visit Bellmont Securities.

BELLMONT accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
BELLMONT Account