B

Commonwealth Securities

5.9/10
ThinkMarkets logo

ThinkMarkets

9.1/10
7/10RegulationWinner10/10
0/10FeesWinner10/10
9/10WinnerPlatforms5/10
6/10Education & ResearchWinner9/10
4/10Deposits & WithdrawalsWinner10/10
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 ThinkMarkets was established in 2010 and is based in Australia & United Kingdom. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while ThinkMarkets is regulated by the Japanese Financial Services Agency (JFSA) with license no. 0250 among others. Commonwealth Securities serves 10,000+ clients worldwide; ThinkMarkets has 475,000+. The minimum deposit is $5000 at Commonwealth Securities and $0 at ThinkMarkets.

ThinkMarkets wins this category
FeatureCommonwealth SecuritiesThinkMarkets
Min. Deposit$5000$0
RegulationCyprus Securities and Exchange Commission (CySEC)the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles
Founded19992010
CountryAustraliaAustralia & United Kingdom
Clients10,000+475,000+

Fees

Fees are a critical factor when choosing between Commonwealth Securities and ThinkMarkets, directly affecting your bottom line as a trader. ThinkMarkets has a lower barrier to entry with a minimum deposit of $0 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. ThinkMarkets applies inactivity fees on dormant accounts; Commonwealth Securities does not. Commonwealth Securities charges deposit fees; ThinkMarkets does not. Overall, ThinkMarkets scores higher on fees in our assessment.

ThinkMarkets wins this category
FeatureCommonwealth SecuritiesThinkMarkets
Min. Deposit$5000$0
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

Commonwealth Securities offers MT4, MT5, cTrader, while ThinkMarkets supports MT4, MT5, a proprietary platform. Commonwealth Securities offers a mobile trading app; mobile availability for ThinkMarkets 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.

Commonwealth Securities wins this category
FeatureCommonwealth SecuritiesThinkMarkets
MT4YesYes
MT5YesYes
cTraderYesNo
Windows AppYesNo
iOS AppYesNo
Android AppYesNo
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4, MT5 and ThinkTrader

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and ThinkMarkets 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. ThinkMarkets scores higher overall in education and research.

ThinkMarkets wins this category
FeatureCommonwealth SecuritiesThinkMarkets
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 ThinkMarkets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ThinkMarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. ThinkMarkets scores higher on deposit and withdrawal flexibility.

ThinkMarkets wins this category
FeatureCommonwealth SecuritiesThinkMarkets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 ThinkMarkets offer live chat support. Both provide phone support. Email support is available at both brokers. Commonwealth Securities supports 2 languages and ThinkMarkets supports 13, giving ThinkMarkets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCommonwealth SecuritiesThinkMarkets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Portuguese, Vietnamese, Chinese, Czech, Greek, Indonesian, Thai, Malay, Italian, Arabic, German, Spanish and Japanese