Commonwealth Securities
Uphold
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Overview
Commonwealth Securities was founded in 1999 and is headquartered in Australia, while Uphold was established in 2013 and is based in United States. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Uphold is regulated by FCA and FINCEN: Uphold Europe Limited among others. Commonwealth Securities serves 10,000+ clients worldwide; Uphold has 4,000,000+. The minimum deposit is $5000 at Commonwealth Securities and $1 at Uphold.
| Feature | Commonwealth Securities | Uphold |
|---|---|---|
| Min. Deposit | $5000 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | FCA and FINCEN: Uphold Europe Limited, Reg No. 09281410. Uphold HQ Inc. NMLS ID No. 1269875 |
| Founded | 1999 | 2013 |
| Country | Australia | United States |
| Clients | 10,000+ | 4,000,000+ |
Fees
Fees are a critical factor when choosing between Commonwealth Securities and Uphold, directly affecting your bottom line as a trader. Uphold has a lower barrier to entry with a minimum deposit of $1 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. Commonwealth Securities charges deposit fees; Uphold does not. Overall, Uphold scores higher on fees in our assessment.
| Feature | Commonwealth Securities | Uphold |
|---|---|---|
| Min. Deposit | $5000 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Commonwealth Securities offers MT4, MT5, cTrader, while Uphold supports a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Commonwealth Securities supports social and copy trading features, which Uphold does not offer. Commonwealth Securities edges ahead on platform breadth and functionality in our scoring.
| Feature | Commonwealth Securities | Uphold |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Metatrader 4 - desktop, iOS and Android versions available. | Web, Desktop & Mobile Apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and Uphold compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Commonwealth Securities publishes daily market commentary; Uphold does not. Commonwealth Securities integrates third-party research tools (Trading Central); Uphold does not. Archived webinars are available at both brokers for self-paced learning. Commonwealth Securities scores higher overall in education and research.
| Feature | Commonwealth Securities | Uphold |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
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 Uphold supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Commonwealth Securities | Uphold |
|---|---|---|
| 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 Uphold offer live chat support. Commonwealth Securities offers phone support; Uphold does not. Email support is available at both brokers. Commonwealth Securities supports 2 languages and Uphold supports 1, giving Commonwealth Securities broader global reach. Commonwealth Securities scores higher overall on customer support in our assessment.
| Feature | Commonwealth Securities | Uphold |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |