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Darren Ross
Within 1 year

Which trading platforms are offered by CommBank, and do they support MT4, MT5, or cTrader?

Broker Issues
CommBank
Leverage
Instruments
Account
Platform
08-09
United States
WikiFX
Reply

Based on my experience and research, CommBank primarily offers its own proprietary platforms, including the CommBank app, NetBank (their web platform), and CommSec for investment activities, especially share trading. These platforms are developed and maintained by CommBank, focusing on providing a secure and integrated banking and investment experience for Australian clients. When I explored their offering, I found their digital tools to be advanced and user-friendly for account management, payments, savings, and trading Australian equities or ETFs. However, as someone who trades forex and is accustomed to platforms like MT4, MT5, or cTrader for their advanced charting, automation, and broad asset coverage, I noticed that CommBank does not directly offer MT4, MT5, or cTrader for retail trading. Their CommSec service is tailored to domestic equities and ETFs rather than global forex or CFD trading. This distinction matters, as these popular third-party platforms are typically favored by traders seeking advanced technical tools and global market access, attributes not present in CommBank’s suite. For me, this means CommBank may suit those prioritizing local regulation, security, and an all-in-one banking-investment relationship, but it is not well-suited for dedicated forex trading with MT4, MT5, or cTrader. Careful consideration is vital before selecting CommBank if advanced multi-asset or algorithmic trading is essential to your strategy.

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