B

Commonwealth Securities

5.9/10

Interactive Investor

7/10
7/10RegulationTied7/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
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 Interactive Investor was established in 1995 and is based in UK. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Interactive Investor is regulated by Financial Conduct Authority (FCA) among others. Commonwealth Securities serves 10,000+ clients worldwide; Interactive Investor has 10,000+. The minimum deposit is $5000 at Commonwealth Securities and $1 at Interactive Investor.

Interactive Investor wins this category
FeatureCommonwealth SecuritiesInteractive Investor
Min. Deposit$5000$1
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)
Founded19991995
CountryAustraliaUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Commonwealth Securities and Interactive Investor, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. Interactive Investor applies inactivity fees on dormant accounts; Commonwealth Securities does not. Commonwealth Securities charges deposit fees; Interactive Investor does not. Overall, Interactive Investor scores higher on fees in our assessment.

Interactive Investor wins this category
FeatureCommonwealth SecuritiesInteractive Investor
Min. Deposit$5000$1
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Commonwealth Securities offers MT4, MT5, cTrader, while Interactive Investor 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.

Tied
FeatureCommonwealth SecuritiesInteractive Investor
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.Web Trader, ProTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and Interactive Investor compare. Commonwealth Securities runs regular live webinars; Interactive Investor does not. Both provide video tutorials. Commonwealth Securities publishes daily market commentary; Interactive Investor 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.

Commonwealth Securities wins this category
FeatureCommonwealth SecuritiesInteractive Investor
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

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 Interactive Investor supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureCommonwealth SecuritiesInteractive Investor
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 Interactive Investor 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 SecuritiesInteractive Investor
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese