CMC Invest share accounts

3.5
Based on 1 CMC Invest share account product review.
Fact Checked
Last updated
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About CMC Invest

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Share Investing

  • Standard
Small trade brokerage
$0.00
Large trade brokerage
0.1%
Monthly fee
$0.00
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  • Zero brokerage fees on US, UK, Canadian, and Japanese stocks

  • Extended US trading hours (5.5 hours before open, 4 hours after close)

  • Single share trading available on select US stocks

  • No account maintenance or inactivity fees

  • 0.60% FX spread on international trades

  • $1,000 minimum trade size for most international markets

  • Higher brokerage fees for some European and Asian markets

Our verdict

The CMC Invest Trading Account could be a good option for Australian investors looking to access global markets. The platform offers zero-brokerage fees for a few major international markets, making it particularly attractive for frequent traders and those building diversified global portfolios.

What makes this account especially practical for Australian investors is its extended US market trading hours, allowing trades during more convenient Australian time zones. Instead of staying up until midnight, you can trade US stocks during early evening hours in Australia. While there's a 0.60% FX spread to consider, the absence of brokerage fees often makes it more cost effective than traditional bank-backed brokers.

You’ll also get integration of professional-grade tools like Morningstar analysis, TradingView charting, and ESG ratings that can provide a rounded view of share options that caters to both novice and experienced investors. The ability to start with just a single share on select US stocks also makes it a good entry point for those new to international investing.

Where do I get it? To open an account, head over to the CMC Invest website
Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can compare more online share trading accounts here.
Last updated 23 November 2024 Important disclosures

CMC Invest share accounts

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CMC Invest share account ratings

Overall customer rating for CMC Invest share accounts

3.5
Based on 1 product review.

Customer reviews

Important disclosures

FAQ

What are the costs involved with trading?

While there's zero brokerage on US, UK, Canadian, and Japanese stocks, there's a 0.60% FX spread on international trades. Other markets have brokerage fees of $59.95 or 0.59%, whichever is greater.

Is CMC Invest safe to use?

Yes, CMC Invest is regulated by the Australian Securities and Investments Commission and partners with global institutions like Morgan Stanley for trade execution and BNP Paribas for custody services. 

What trading hours are available for US stocks?

You can trade US stocks during extended hours, which is 5.5 hours before the US market opens and 4 hours after it closes. This allows for trading during more convenient Australian hours.

Share account quick links


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