WikiFX

Sagot

Based on my experience evaluating CommBank, it's important to clarify that their brokerage offerings are heavily concentrated on Australian equities and ETFs, with a particular emphasis on the local market. From what I found, CommBank’s platforms—primarily CommSec and CommSec Pocket—enable trading in Australian stocks and a limited range of ETFs, but they don’t directly list access or trading conditions for major international indices like the US100 (NASDAQ 100). As a result, there is no clear public information about costs for trading US indices directly through CommBank. For Australian stocks through CommSec, commissions range from $10 to $29.95 per trade, depending on trade size and frequency, and for ETFs, the cost is notably lower for smaller trades. Foreign exchange conversion fees, typically between 1% and 3%, apply to any cross-border transactions, and there are cross-border transfer fees of $15–$25 per transaction. These may become relevant if you attempt to gain exposure to US indices indirectly through internationally-focused ETFs listed on the ASX. My caution, given CommBank's focus and fee schedules, is that international exposure—especially to indices like the US100—is limited and likely more expensive in terms of both spreads and currency conversion, if available at all. For traders seeking efficient and cost-transparent access to global index products, CommBank is generally not my first choice. Always verify directly with their representatives whether your desired instruments are offered, and request an explicit breakdown of all fees before trading.