Commonwealth Regulatory Board has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 800 Boylston Street 11th Floor Boston Massachusetts 02199 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: commregboard.us.
I referred a friend to Commonwealth Regulatory Board from a blog post comparing services. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Low minimum deposit|Competitive fees|Dedicated account manager
Cons: Cannot customize dashboard fully|Limited demo account features
The only good thing about Commonwealth Regulatory Board is that they remind you why regulation matters. I found them after comparing multiple platforms. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Fast deposits|Reliable uptime|Multiple order types
Cons: No live chat on mobile
The platform at Commonwealth Regulatory Board is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since early this year of dealing with this, I have had enough.
Pros: Social trading features|Automated trading options|Demo account available
Cons: No integrated tax optimization
I have been trying to close my account with Commonwealth Regulatory Board for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Excellent charting|Multi-device support|Clean UI
Cons: Would like more payment methods|Desktop app not available on Linux
Commonwealth Regulatory Board has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Clear documentation|Professional team|Multi-device support
Cons: Nothing significant|Minimum deposit could be lower
I wanted to transfer my portfolio from another broker to Commonwealth Regulatory Board. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Multiple order types|Segregated accounts|Market news feed|Easy to use platform
Cons: Help articles are sometimes vague
I opened an account with Commonwealth Regulatory Board since mid-2025 ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Stable platform|Multi-currency support|Educational resources|High security standards
Cons: No phone support on weekends|Research section could be deeper
I had high hopes for Commonwealth Regulatory Board from a blog post comparing services, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Dedicated account manager|Easy withdrawals|API access|No hidden fees
Cons: None so far|No crypto staking