B

AB Forex

0.3/10

Commonwealth Securities

5.9/10
3/10RegulationWinner7/10
2/10WinnerFees0/10
0/10PlatformsWinner9/10
0/10Education & ResearchWinner6/10
0/10Deposits & WithdrawalsWinner4/10
0/10SupportWinner10/10

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Overview

AB Forex was founded in 2003 and is headquartered in STOCKHOLM, while Commonwealth Securities was established in 1999 and is based in Australia. AB Forex holds licences including Unregulated, while Commonwealth Securities is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. AB Forex serves 10,000+ clients worldwide; Commonwealth Securities has 10,000+. The minimum deposit is $100 at AB Forex and $5000 at Commonwealth Securities.

Commonwealth Securities wins this category
FeatureAB ForexCommonwealth Securities
Min. Deposit$100$5000
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC)
Founded20031999
CountrySTOCKHOLMAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between AB Forex and Commonwealth Securities, directly affecting your bottom line as a trader. AB Forex has a lower barrier to entry with a minimum deposit of $100 (vs $5000 at Commonwealth Securities). AB Forex charges withdrawal fees while Commonwealth Securities does not, a notable advantage for frequent withdrawers. AB Forex applies inactivity fees on dormant accounts; Commonwealth Securities does not. AB Forex charges deposit fees; Commonwealth Securities does not. Overall, AB Forex scores higher on fees in our assessment.

AB Forex wins this category
FeatureAB ForexCommonwealth Securities
Min. Deposit$100$5000
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesYesYes
CFD FeesYesNo

Platforms

Commonwealth Securities supports social and copy trading features, which AB Forex does not offer. Commonwealth Securities edges ahead on platform breadth and functionality in our scoring.

Commonwealth Securities wins this category
FeatureAB ForexCommonwealth Securities
MT4NoYes
MT5NoYes
cTraderNoYes
Windows AppNoYes
iOS AppNoYes
Android AppNoYes
Trading PlatformsDealBook├é┬¼├âÔÇá 360 (Desktop, Mobile, iPhone, iPad, iPod touch, Web)Metatrader 4 - desktop, iOS and Android versions available.

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how AB Forex and Commonwealth Securities compare. Commonwealth Securities runs regular live webinars; AB Forex does not. Commonwealth Securities has a video library; AB Forex does not. Commonwealth Securities publishes daily market commentary; AB Forex does not. Commonwealth Securities integrates third-party research tools (Trading Central); AB Forex does not. Commonwealth Securities maintains an archive of past webinars for on-demand viewing. Commonwealth Securities scores higher overall in education and research.

Commonwealth Securities wins this category
FeatureAB ForexCommonwealth Securities
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Commonwealth Securities uniquely supports bank transfer and credit/debit card among the two brokers. Commonwealth Securities scores higher on deposit and withdrawal flexibility.

Commonwealth Securities wins this category
FeatureAB ForexCommonwealth Securities
Bank TransferNoYes
Credit CardNoYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Commonwealth Securities offers live chat; AB Forex does not, making Commonwealth Securities easier to reach in real time. Commonwealth Securities offers phone support; AB Forex does not. Commonwealth Securities offers email support; no email support was found for AB Forex. Both brokers offer support in 2 languages. Commonwealth Securities scores higher overall on customer support in our assessment.

Commonwealth Securities wins this category
FeatureAB ForexCommonwealth Securities
Live ChatNoYes
Phone SupportNoYes
Email SupportNoYes
LanguagesEnglish, and ChineseEnglish, and Chinese