WikiFX

Sagot

From my experience reviewing Bell Potter and working with a variety of brokers, I found that commission structures are always a critical aspect to clarify before opening any trading account. With Bell Potter, it’s important to recognize that despite some user commentary referencing ECN features, the broker itself is primarily structured as a market maker under Australian regulation, and WikiFX does not explicitly confirm the existence of ECN or "raw spread" account types with per-lot commissions as you might find with dedicated forex ECN providers. Instead, Bell Potter is described as a full-service brokerage, focusing on stocks, derivatives, funds, and other financial instruments—including some forex access—but their documentation highlights a more traditional integrated fee model typical of established Australian firms. While the minimum capital requirement appears attractive, and their platform support is robust, fee transparency is noted as only average, which means details about per-lot commission charges—if any—are not laid out clearly in the available context. For me, ambiguous or non-transparent commission information is a yellow flag; I’d only proceed after direct confirmation from Bell Potter about any trading costs related to each instrument and account type. Relying on assumptions could risk unexpected fees or unsuitable account structures. In summary, based on the information at hand, I did not find clear evidence that Bell Potter charges a per-lot commission typical of ECN or raw spread accounts, and I’d strongly recommend clarifying this with their support team before making any funding decisions.