B

Commonwealth Securities

5.9/10
Darwinex logo

Darwinex

6.5/10
7/10RegulationTied7/10
0/10FeesWinner1/10
9/10PlatformsTied9/10
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

Commonwealth Securities was founded in 1999 and is headquartered in Australia, while Darwinex was established in 2012 and is based in UK. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Darwinex is regulated by Financial Conduct Authority (FCA) among others. Commonwealth Securities serves 10,000+ clients worldwide; Darwinex has 10,000+. The minimum deposit is $5000 at Commonwealth Securities and $500 at Darwinex.

Darwinex wins this category
FeatureCommonwealth SecuritiesDarwinex
Min. Deposit$5000$500
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)
Founded19992012
CountryAustraliaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Commonwealth Securities and Darwinex, directly affecting your bottom line as a trader. Darwinex has a lower barrier to entry with a minimum deposit of $500 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. Commonwealth Securities charges deposit fees; Darwinex does not. Overall, Darwinex scores higher on fees in our assessment.

Darwinex wins this category
FeatureCommonwealth SecuritiesDarwinex
Min. Deposit$5000$500
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

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

Tied
FeatureCommonwealth SecuritiesDarwinex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, Web Trader,

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and Darwinex 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
FeatureCommonwealth SecuritiesDarwinex
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. Commonwealth Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Darwinex supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCommonwealth SecuritiesDarwinex
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 Commonwealth Securities and Darwinex 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
FeatureCommonwealth SecuritiesDarwinex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese