B

C 7 Traders

5.9/10

Commonwealth Securities

5.9/10
3/10RegulationWinner7/10
8/10WinnerFees0/10
7/10PlatformsWinner9/10
6/10Education & ResearchTied6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

C 7 Traders was founded in 2014 and is headquartered in Vanuatu, while Commonwealth Securities was established in 1999 and is based in Australia. C 7 Traders holds licences including Unregulated, while Commonwealth Securities is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. C 7 Traders serves 10,000+ clients worldwide; Commonwealth Securities has 10,000+. The minimum deposit is $100 at C 7 Traders and $5000 at Commonwealth Securities.

Tied
FeatureC 7 TradersCommonwealth Securities
Min. Deposit$100$5000
RegulationUnregulatedCyprus Securities and Exchange Commission (CySEC)
Founded20141999
CountryVanuatuAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between C 7 Traders and Commonwealth Securities, directly affecting your bottom line as a trader. C 7 Traders has a lower barrier to entry with a minimum deposit of $100 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. Commonwealth Securities charges deposit fees; C 7 Traders does not. Overall, C 7 Traders scores higher on fees in our assessment.

C 7 Traders wins this category
FeatureC 7 TradersCommonwealth Securities
Min. Deposit$100$5000
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

C 7 Traders offers 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. Commonwealth Securities edges ahead on platform breadth and functionality in our scoring.

Commonwealth Securities wins this category
FeatureC 7 TradersCommonwealth Securities
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.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 C 7 Traders 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. The two brokers are evenly matched on educational content.

Tied
FeatureC 7 TradersCommonwealth Securities
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. C 7 Traders 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
FeatureC 7 TradersCommonwealth 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 C 7 Traders 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
FeatureC 7 TradersCommonwealth Securities
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese