B

Commonwealth Securities

5.9/10
Exante logo

Exante

4.3/10
7/10RegulationTied7/10
0/10FeesTied0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research0/10
4/10WinnerDeposits & Withdrawals1.5/10
10/10WinnerSupport6/10

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 Exante was established in 2011 and is based in Malta. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Exante is regulated by Malta Financial Services Authority (MFSA) among others. Commonwealth Securities serves 10,000+ clients worldwide; Exante has 10,000+. The minimum deposit is $5000 at Commonwealth Securities and $11700 at Exante.

Commonwealth Securities wins this category
FeatureCommonwealth SecuritiesExante
Min. Deposit$5000$11700
RegulationCyprus Securities and Exchange Commission (CySEC)Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA
Founded19992011
CountryAustraliaMalta
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Commonwealth Securities and Exante, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $5000 at Commonwealth Securities). Exante charges withdrawal fees while Commonwealth Securities does not, giving Commonwealth Securities an edge for frequent withdrawers. Commonwealth Securities charges deposit fees; Exante does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureCommonwealth SecuritiesExante
Min. Deposit$5000$11700
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

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

Tied
FeatureCommonwealth SecuritiesExante
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, WEB, desktop

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and Exante compare. Commonwealth Securities runs regular live webinars; Exante does not. Commonwealth Securities has a video library; Exante does not. Commonwealth Securities publishes daily market commentary; Exante does not. Commonwealth Securities integrates third-party research tools (Trading Central); Exante does not. Archived webinars are available at both brokers for self-paced learning. Commonwealth Securities scores higher overall in education and research.

Commonwealth Securities wins this category
FeatureCommonwealth SecuritiesExante
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
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 Exante supports 1 (bank transfer). Commonwealth Securities uniquely supports credit/debit card among the two brokers. Commonwealth Securities scores higher on deposit and withdrawal flexibility.

Commonwealth Securities wins this category
FeatureCommonwealth SecuritiesExante
Bank TransferYesYes
Credit CardYesNo
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Commonwealth Securities offers live chat; Exante does not, making Commonwealth Securities easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Commonwealth Securities scores higher overall on customer support in our assessment.

Commonwealth Securities wins this category
FeatureCommonwealth SecuritiesExante
Live ChatYesNo
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese