CIM Banque
Commonwealth Securities
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
CIM Banque was founded in 1995 and is headquartered in Geneva, while Commonwealth Securities was established in 1999 and is based in Australia. CIM Banque holds licences including Financial Industry Regulatory Authority (FINRA), while Commonwealth Securities is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. CIM Banque serves 10,000+ clients worldwide; Commonwealth Securities has 10,000+. The minimum deposit is $100 at CIM Banque and $5000 at Commonwealth Securities.
| Feature | CIM Banque | Commonwealth Securities |
|---|---|---|
| Min. Deposit | $100 | $5000 |
| Regulation | Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1995 | 1999 |
| Country | Geneva | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CIM Banque and Commonwealth Securities, directly affecting your bottom line as a trader. CIM Banque has a lower barrier to entry with a minimum deposit of $100 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. CIM Banque applies inactivity fees on dormant accounts; Commonwealth Securities does not. Commonwealth Securities charges deposit fees; CIM Banque does not. Overall, CIM Banque scores higher on fees in our assessment.
| Feature | CIM Banque | Commonwealth Securities |
|---|---|---|
| Min. Deposit | $100 | $5000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
CIM Banque 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 | CIM Banque | 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 ,iPhone,Mac,iPade | 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 CIM Banque 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. CIM Banque scores higher overall in education and research.
| Feature | CIM Banque | 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. CIM Banque 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 | CIM Banque | 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 CIM Banque 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 | CIM Banque | Commonwealth Securities |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |