Commonwealth Securities
Forex EE
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Overview
Commonwealth Securities was founded in 1999 and is headquartered in Australia, while Forex EE was established in 2008 and is based in Grenadines. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Forex EE is regulated by Ministry of Economic Affairs in Estonia among others. Commonwealth Securities serves 10,000+ clients worldwide; Forex EE has 10,000+. The minimum deposit is $5000 at Commonwealth Securities and $100 at Forex EE.
| Feature | Commonwealth Securities | Forex EE |
|---|---|---|
| Min. Deposit | $5000 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Ministry of Economic Affairs in Estonia |
| Founded | 1999 | 2008 |
| Country | Australia | Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Commonwealth Securities and Forex EE, directly affecting your bottom line as a trader. Forex EE has a lower barrier to entry with a minimum deposit of $100 (vs $5000 at Commonwealth Securities). Forex EE charges withdrawal fees while Commonwealth Securities does not, giving Commonwealth Securities an edge for frequent withdrawers. Commonwealth Securities charges deposit fees; Forex EE does not. Overall, Forex EE scores higher on fees in our assessment.
| Feature | Commonwealth Securities | Forex EE |
|---|---|---|
| Min. Deposit | $5000 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Commonwealth Securities offers MT4, MT5, cTrader, while Forex EE supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Commonwealth Securities supports social and copy trading features, which Forex EE does not offer. Commonwealth Securities edges ahead on platform breadth and functionality in our scoring.
| Feature | Commonwealth Securities | Forex EE |
|---|---|---|
| MT4 | Yes | No |
| 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. | MetaTrader 4 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and Forex EE compare. Commonwealth Securities runs regular live webinars; Forex EE does not. Both provide video tutorials. Commonwealth Securities publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. Commonwealth Securities maintains an archive of past webinars for on-demand viewing. Commonwealth Securities scores higher overall in education and research.
| Feature | Commonwealth Securities | Forex EE |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
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 Forex EE supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Commonwealth Securities | Forex EE |
|---|---|---|
| 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 Forex EE 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 | Forex EE |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |