According to the official announcement, the launch is expected for the end of the first quarter of 2023. CMC Invest will offer zero commission and real-time pricing in selected markets, including Singapore, the US, and Australia. The company has already recived similar licences in the UK and Australia. Christopher Forbes, head of CMSI, said: The…
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According to the official announcement, the additional features are available for a flat custody fee of £10 per month without additional commissions. The company further detailed that CMC Invest clients can take money out of their accounts and put it again during the same tax year without affecting their ISA allowances. The new offering is…
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CMC Invest offers investments with US and UK listed shares, exchange-traded funds (ETFs) and investment trusts. CMC also has plans to expand its services with stocks and shares ISAs and USD currency wallets. Additionally, the platform offers commission-free services, however there is a 0.5% foreign exchange fee. Soleiman added: Investing is never one size for…
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