B

Commonwealth Securities

5.9/10
Vantage FX logo

Vantage FX

7.9/10
7/10RegulationTied7/10
0/10FeesWinner8/10
9/10PlatformsWinner10/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner7.5/10
10/10SupportTied10/10

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Overview

Commonwealth Securities was founded in 1999 and is headquartered in Australia, while Vantage FX was established in 2008 and is based in Australia. Commonwealth Securities holds licences including Cyprus Securities and Exchange Commission (CySEC), while Vantage FX is regulated by Cayman Islands Monetary Authority (CIMA) among others. Commonwealth Securities serves 10,000+ clients worldwide; Vantage FX has 10,000+. The minimum deposit is $5000 at Commonwealth Securities and $200 at Vantage FX.

Vantage FX wins this category
FeatureCommonwealth SecuritiesVantage FX
Min. Deposit$5000$200
RegulationCyprus Securities and Exchange Commission (CySEC)Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491, VFSC under Section 4 of the Financial Dealers Licensing Act [CAP 70] (Reg. No. 700271), Australian Securities and Investments Commission (ASIC), AFSL no. 428901
Founded19992008
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Commonwealth Securities and Vantage FX, directly affecting your bottom line as a trader. Vantage FX has a lower barrier to entry with a minimum deposit of $200 (vs $5000 at Commonwealth Securities). Neither broker charges withdrawal fees. Commonwealth Securities charges deposit fees; Vantage FX does not. Overall, Vantage FX scores higher on fees in our assessment.

Vantage FX wins this category
FeatureCommonwealth SecuritiesVantage FX
Min. Deposit$5000$200
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesNoNo

Platforms

Commonwealth Securities offers MT4, MT5, cTrader, while Vantage FX supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Commonwealth Securities supports social and copy trading features, which Vantage FX does not offer. Vantage FX edges ahead on platform breadth and functionality in our scoring.

Vantage FX wins this category
FeatureCommonwealth SecuritiesVantage FX
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetatrader 4 - desktop, iOS and Android versions available.MT4

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Commonwealth Securities and Vantage FX compare. Commonwealth Securities runs regular live webinars; Vantage FX does not. Both provide video tutorials. Commonwealth Securities publishes daily market commentary; Vantage FX 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 SecuritiesVantage FX
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 Vantage FX supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Vantage FX uniquely supports Skrill and Neteller among the two brokers. Vantage FX scores higher on deposit and withdrawal flexibility.

Vantage FX wins this category
FeatureCommonwealth SecuritiesVantage FX
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
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 Vantage FX 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 SecuritiesVantage FX
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese