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Based on my experience and close examination of CommSec, it's important to note that the platform doesn't offer traditional forex or CFD account types commonly found at many brokers. Instead, CommSec is focused on equities and investment products such as shares, ETFs, and options, and the core differences between accounts lie in features like settlement methods and access to specific tools rather than in varied leverage, account tiers, or currency choices. The main distinction for me has been between accounts settled via the CommSec CDIA (Commonwealth Direct Investment Account) and those using non-CDIA settlement. The CDIA-linked account typically provides smoother integration with trading activity, especially for Australian shares, and allows for lower trading fees. For example, small online trades with CDIA start at $5, whereas the non-CDIA route jumps to much higher minimums. For international investors, CommSec offers accounts with access to global equities, but these incur higher costs and foreign exchange conversion fees. The CommSec Pocket app is another option, tailored for micro-investing in ETFs, featuring very low entry requirements but limited asset choices. For transparency, there’s no provision for demo accounts, and account features don’t vary much in terms of leverage or advanced trading options familiar in forex environments. Instead, the account differences are best understood in terms of access, cost structure, and the way funds are settled, which directly impacts trading efficiency and overall experience. The structure suits investors looking for straightforward equity investing, but isn’t positioned for active forex or high-frequency trading.