CMC Invest launches in Southeast Asia region to support long-term investing
“Following the successful application and granting of our full investment license from MAS (Capital Markets Services Licence) I am pleased and proud to announce the launch of our new investment platform business in Singapore.”
CMC Markets Plc, a prominent online financial trading firm listed on the FTSE, has unveiled its latest innovation, the “CMC Invest” platform.
Catering to investors in Singapore and the wider Southeast Asia region, this platform is set to revolutionize the online brokerage market by providing clients with exceptional value-for-money, transparency, and an extensive range of services.
Commission-free trading and a wide range of HK stocks
CMC Invest aims to set a new industry standard by offering a suite of enticing benefits to its clients. Among the standout features are:
Commission-Free Trades: New sign-ups starting at the Gold tier will receive free monthly trades for their initial 5 trades in US, Canada, UK, and Hong Kong stocks, and the first 2 trades in Singapore stocks. With Platinum and Diamond tiering, these numbers increase significantly, ensuring that investors receive excellent value.
No Hidden Costs for Hong Kong Stocks: Active traders of Hong Kong stocks will enjoy substantial cost savings, as they won’t be charged brokerage fees, trading fees, transaction taxes, or incur settlement, platform, custody, or safekeep fees.
Access to a Wide Range of Securities: CMC Invest provides access to a staggering 2,866 HK Securities, REITs, and ETFs, far beyond the typical Top 50 names on the Hong Kong Stock Exchange.
No hidden fees and investor-centric ethos
In an industry where hidden fees and undisclosed charges have long deterred investors, CMC Invest aims to stand out as a beacon of openness. The platform is built by investors for investors, with a clear focus on supporting long-term wealth plans. This means:
No Hidden Fees: CMC Invest is dedicated to eliminating hidden fees or charges, including platform fees, inactivity fees, and settlement fees.
Investor-Centric Ethos: The platform strives to serve investors without seeking to profit from their desires for financial growth. This commitment aligns with its vision of promoting investor prosperity.
CMC Markets has been a trusted name in the industry, offering Contract for Difference (CFD) services in Singapore since 2007. The introduction of CMC Invest is a testament to the company’s dedication to serving its clients.
Already operating successfully in Australia and the UK, CMC Invest’s expansion into Asia reflects its commitment to providing top-tier services to investors in Singapore and the broader Southeast Asian region.
CMC Invest isn’t just about popular equities; it goes beyond by offering an extensive range of listed securities to cater to diverse investor needs. With research tools, TradingView Charting, ESG rankings, thematic investing content, and fundamental data, CMC Invest aims to become a one-stop solution for investors of all sizes.
Peter Cruddas, Founder and CEO, CMC Markets, said: “Following the successful application and granting of our full investment license from MAS (Capital Markets Services Licence) I am pleased and proud to announce the launch of our new investment platform business in Singapore.”