CMC Markets' New Trading Platform CMC Invest Launched in Singapore

CMC Markets, a leading global provider of online trading, announced that its investor platform CMC Invest is now launched in Singapore, as expected earlier this year.

The service are provided under the entity CMC Markets Singapore Invest, a Singapore subsidiary which acquired an in-principal approval from the Monetary Authority of Singapore (MAS) for a capital markets services license recently.

CMC Invest will offer Equities, ETFs, Options and Futures to Singapore clients and will also offer a full breadth of listed securities. In time, CMC Invest will be offering Wealth Management as well.

The new platform is expected to be made available to existing CFD clients of CMC Markets in Singapore from May 2023. Clients new to CMC Markets in Singapore will be able to create new CMC Invest accounts from Q3 2023 onwards.

Head of CMC Invest Singapore, Christopher Forbes, said: “From politics to inflation, investors are currently experiencing a volatile period in the market. More than ever, they need a trusted partner that boasts a strong heritage in providing a reliable, transparent platform to help them navigate uncertain times. We are ultimately responsible stewards of our clients’ assets and our fiduciary responsibility is to provide them with an easily-navigable and robust platform, with the right tools and guidance. Investors can also enjoy a repository of research notes and investment insights, which will empower them to make more informed investment decisions.”

The announcement follows CMC Markets revealing its expansion in the United Arab Emirates (UAE) by upgrading its office in Dubai​.