WikiFX

Sagot

Based on my review and hands-on experience with CommBank’s trading services, I’ve found that CommBank does not operate as a forex broker with ECN or raw spread accounts in the way that typical forex-specific platforms do. Instead, its investment offerings focus on local Australian stocks, ETFs, and savings products, primarily through the CommSec platform. The commission structures I’ve encountered are tailored to stock and ETF trading—such as a fixed commission per trade for Australian shares and a tiered fee for ETFs—rather than per-lot commissions on forex instruments. This distinction is essential because, as a trader, transparent cost structures and understanding exactly how you’re charged are crucial for risk management and realistic performance expectations. CommBank’s listed commissions are, for example, $10–$29.95 per Australian stock trade, and for ETFs, $2 per trade up to $1,000, or 0.2% above that threshold. There is no indication—in my personal experience or from their public documentation—of a per-lot commission structure as found with ECN or raw account models in the forex market. For anyone considering CommBank for trading, it’s advisable to be aware that the platform is much more about providing secure, regulated access to the Australian financial market rather than offering specialized, low-latency forex trading conditions. Carefully consulting their official fee schedule or contacting support before engaging in any trading activity is something I would always recommend to avoid any surprises.