Argonaut Securities
Commonwealth Securities
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Argonaut Securities was founded in 2009 and is headquartered in Australia, while Commonwealth Securities was established in 1999 and is based in Australia. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while Commonwealth Securities is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Argonaut Securities serves 10,000+ clients worldwide; Commonwealth Securities has 10,000+. The minimum deposit is $1 at Argonaut Securities and $5000 at Commonwealth Securities.
| Feature | Argonaut Securities | Commonwealth Securities |
|---|---|---|
| Min. Deposit | $1 | $5000 |
| Regulation | Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2009 | 1999 |
| Country | Australia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Argonaut Securities and Commonwealth Securities, directly affecting your bottom line as a trader. Argonaut Securities has a lower barrier to entry with a minimum deposit of $1 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. Argonaut Securities charges deposit fees; Commonwealth Securities does not. Overall, Argonaut Securities scores higher on fees in our assessment.
| Feature | Argonaut Securities | Commonwealth Securities |
|---|---|---|
| Min. Deposit | $1 | $5000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | No |
Platforms
Argonaut Securities offers MT4, MT5, cTrader, while Commonwealth Securities supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Argonaut Securities | Commonwealth Securities |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | 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 Argonaut Securities and Commonwealth Securities compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Argonaut Securities scores higher overall in education and research.
| Feature | Argonaut Securities | Commonwealth Securities |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Argonaut Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Commonwealth Securities supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Argonaut Securities | Commonwealth Securities |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Argonaut Securities and Commonwealth Securities offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Argonaut Securities | Commonwealth Securities |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |