B

Bell Potter Securities

8.1/10

Commonwealth Securities

5.9/10
8/10WinnerRegulation7/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bell Potter Securities was founded in 2015 and is headquartered in Austrailia, while Commonwealth Securities was established in 1999 and is based in Australia. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while Commonwealth Securities is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Bell Potter Securities serves 10,000+ clients worldwide; Commonwealth Securities has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $5000 at Commonwealth Securities.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesCommonwealth Securities
Min. Deposit$5$5000
RegulationAustralian Securities and Investment Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)
Founded20151999
CountryAustrailiaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and Commonwealth Securities, directly affecting your bottom line as a trader. Bell Potter Securities has a lower barrier to entry with a minimum deposit of $5 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. Bell Potter Securities applies inactivity fees on dormant accounts; Commonwealth Securities does not. Commonwealth Securities charges deposit fees; Bell Potter Securities does not. Overall, Bell Potter Securities scores higher on fees in our assessment.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesCommonwealth Securities
Min. Deposit$5$5000
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while Commonwealth Securities supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Commonwealth Securities supports social and copy trading features, which Bell Potter Securities does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBell Potter SecuritiesCommonwealth Securities
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4Metatrader 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 Bell Potter 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. Bell Potter Securities scores higher overall in education and research.

Bell Potter Securities wins this category
FeatureBell Potter SecuritiesCommonwealth Securities
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bell Potter 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.

Tied
FeatureBell Potter SecuritiesCommonwealth Securities
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bell Potter 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.

Tied
FeatureBell Potter SecuritiesCommonwealth Securities
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese