Commonwealth Securities
Startrader
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Overview
Commonwealth Securities was founded in 1999 and is headquartered in Australia, while Startrader was established in 2011 and is based in Hong Kong. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Startrader is regulated by Financial Conduct Authority (FCA) among others. Commonwealth Securities serves 10,000+ clients worldwide; Startrader has 500,000 +. The minimum deposit is $5000 at Commonwealth Securities and $50 at Startrader.
| Feature | Commonwealth Securities | Startrader |
|---|---|---|
| Min. Deposit | $5000 | $50 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA) |
| Founded | 1999 | 2011 |
| Country | Australia | Hong Kong |
| Clients | 10,000+ | 500,000 + |
Fees
Fees are a critical factor when choosing between Commonwealth Securities and Startrader, directly affecting your bottom line as a trader. Startrader has a lower barrier to entry with a minimum deposit of $50 (vs $5000 at Commonwealth Securities). Startrader charges withdrawal fees while Commonwealth Securities does not, giving Commonwealth Securities an edge for frequent withdrawers. Commonwealth Securities charges deposit fees; Startrader does not. Overall, Startrader scores higher on fees in our assessment.
| Feature | Commonwealth Securities | Startrader |
|---|---|---|
| Min. Deposit | $5000 | $50 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Commonwealth Securities offers MT4, MT5, cTrader, while Startrader supports MT4, MT5, cTrader. Commonwealth Securities offers a mobile trading app; mobile availability for Startrader is limited. Both brokers support copy or social trading, catering to less hands-on investors. Commonwealth Securities edges ahead on platform breadth and functionality in our scoring.
| Feature | Commonwealth Securities | Startrader |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | Metatrader 4 - desktop, iOS and Android versions available. | MT4, MT5 and Web Trader |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and Startrader 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. Startrader scores higher overall in education and research.
| Feature | Commonwealth Securities | Startrader |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Startrader supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Startrader uniquely supports Skrill and Neteller among the two brokers. Startrader scores higher on deposit and withdrawal flexibility.
| Feature | Commonwealth Securities | Startrader |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 Startrader 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 | Startrader |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese |