Commonwealth Securities
Corner Trader
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Overview
Commonwealth Securities was founded in 1999 and is headquartered in Australia, while Corner Trader was established in 1879 and is based in Switzerland. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Corner Trader is regulated by Unregulated among others. Commonwealth Securities serves 10,000+ clients worldwide; Corner Trader has 10,000+. The minimum deposit is $5000 at Commonwealth Securities and $250 at Corner Trader.
| Feature | Commonwealth Securities | Corner Trader |
|---|---|---|
| Min. Deposit | $5000 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Unregulated |
| Founded | 1999 | 1879 |
| Country | Australia | Switzerland |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Commonwealth Securities and Corner Trader, directly affecting your bottom line as a trader. Corner Trader has a lower barrier to entry with a minimum deposit of $250 (vs $5000 at Commonwealth Securities). Corner Trader charges withdrawal fees while Commonwealth Securities does not, giving Commonwealth Securities an edge for frequent withdrawers. Corner Trader applies inactivity fees on dormant accounts; Commonwealth Securities does not. Commonwealth Securities charges deposit fees; Corner Trader does not. The two brokers are broadly comparable on fee structure.
| Feature | Commonwealth Securities | Corner Trader |
|---|---|---|
| Min. Deposit | $5000 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Commonwealth Securities offers MT4, MT5, cTrader, while Corner Trader supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Commonwealth Securities supports social and copy trading features, which Corner Trader does not offer. The two brokers are closely matched on platform offering.
| Feature | Commonwealth Securities | Corner Trader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Metatrader 4 - desktop, iOS and Android versions available. | MT4,Desktop,iPhone/iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and Corner Trader compare. Commonwealth Securities runs regular live webinars; Corner Trader does not. Commonwealth Securities has a video library; Corner Trader does not. Commonwealth Securities publishes daily market commentary; Corner Trader does not. Commonwealth Securities integrates third-party research tools (Trading Central); Corner Trader does not. Commonwealth Securities maintains an archive of past webinars for on-demand viewing. Commonwealth Securities scores higher overall in education and research.
| Feature | Commonwealth Securities | Corner Trader |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Commonwealth Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Corner Trader supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Commonwealth Securities | Corner Trader |
|---|---|---|
| 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 Commonwealth Securities and Corner Trader 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 | Commonwealth Securities | Corner Trader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |