WikiFX

Sagot

Based on my review and personal experience with CommSec, it’s important to clarify that CommSec does not offer trading in forex pairs at all. Their product range is focused exclusively on traditional assets like Australian and international shares, ETFs, and exchange-traded options. For someone like me who is accustomed to trading forex with leverage, I found this absence quite limiting. When it comes to trading on CommSec, leverage is only available via margin loans for shares, and typical forex-style margin trading simply isn't part of their offering. The margin lending rates are variable and can be relatively high compared to specialized FX brokers—currently around 9.15% p.a. for variable rates. There is no access to leveraged products for commodities, indices, or cryptocurrencies either. This makes CommSec suitable for investors with a share-focused strategy, but not for those looking for speculative or leveraged forex trading. This is a key difference from other brokers I've used, where leverage on major forex pairs can be significantly higher (often 30:1 or more)—but at CommSec, there is no such access. For anyone interested in leveraged forex trading, I would advise careful consideration and, more importantly, to select a broker specifically regulated and focused on forex, as CommSec's regulatory permissions and technology simply don't support those instruments. My advice is to always verify exactly what asset classes and leverage options a broker offers before funding an account, especially if you have a particular trading style or asset class in mind.