- Good Money Guide experts commend CMC Invest Singapore for its low-cost structure, particularly highlighting the absence of account fees and competitive trading commissions for both US and local stocks. The platform is designed to cater to beginner investors while providing access to a wide range of markets, although it is noted that the market range is somewhat limited and options trading is not available. Overall, the platform receives a solid rating of 4.0/5 across various criteria including pricing and customer service.
- Across 237 user reviews on Good Money Guide, averaging 4.2/5, customers frequently praise the platform's user-friendly interface, efficient trade execution, and responsive customer service. Many users appreciate the competitive spreads and the ease of accessing a variety of trading instruments. However, some users express a desire for improvements in the mobile app's functionality and additional features to enhance their trading experience.
CMC Invest Singapore Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated CMC Invest Singapore across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- Online Platform4.0
- Customer Service4.0
- Research & Analysis4.0
Pros
- Zero account fees
- Backed by CMC Markets
- Low FX fees for US investing
Cons
- Limited market range
- No options trading
See full expert review
Our verdict
CMC Invest was launched in Singapore to help reduce the costs of investing in local Singaporean and international markets. CMC Invest aims to disrupt the (crowded) market by offering a platform with transparent pricing, good market access and backed by CMC Markets' 30 year heritage.
Summary
The platform has been built from scratch to serve the local market and offers access to shares and ETFs in 15 countries. Pricing is low and for beginner investors on their "gold" account package, there are no custody, account or deposit/withdrawal fees. Commission is only 0.04$ for dealing US stocks (5 free trades) or 0.05% (2 free trades) for local Singaporean stocks. This drops to 0.02% for more sophisticated investors on the "diamond" tier.
- Interview: Christopher Forbes, Head of CMC Invest Singapore on what they offer investors in emerging markets
- Special offer: New customers can claim a free share when they fund and trade a new CMC Invest account.
Customer reviews for CMC Markets
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 237 reviews
- Excellent52%
- Very good22%
- Basic18%
- Poor6%
- Bad2%
Read customer reviews
Reliable
Have been with CMC Markets since 2005. Excellent charts, execution and customer service.
Trustworthy
Trading
forex trading
Fast execution with good leverage in the UK for forex trader.
Easy to use. Good spread. Reliable.
Provides a range of shares, EFTs., Commodities. App is easy to use.
Reliable
Platform stability
Exceptional
Mobile platform, spread
The best
Very trustworthy
Trustworthy
Reliable tools. Easy to use platform. Love data/news feeds.
Fantastic broker
Lots of financial tools, great market coverage, and very low fees. 5 star financial broker
Excellent
Really good trading platform. Easy to use.
Excilent
Accurate information.
Customer first
The have great customer service. Prompt response, catered representatives and a 24/7 help desk that know how to help. The platform itself is fast, hardly down and when it is, the turn around is fast.
Recent integrations with trading view have lifted the platform and the support to onboard to trading view has been seemless.
Competitive pricing
Good user interface. Competitive spreads.
Reliable
Provide a really reliable platform to trade on in good data.
stable
clarity
Excellent
Everything
Reliable
All
best execution
great and reliable platform, best execution speed, wide products, transparent holding and execution costs
excellent
good and easy to use platform
Competent
Clean charts , good spreads and range of platforms
Yes, CMC Invest is a reliable and safe way to invest if you are based in Singapore, as according to our interview with Christopher Forbes, head of CMC Invest Singapore they are one of the cheapest platforms around.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.