- 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
Top platform
Really like there platform, easy to use on desktop and mobile.
Perfect
Real time price. Easy to deposit or withdraw money
Efficient
Very reliable app
Great
The provider has a wide range of Forex CFDs that helps me create a Month Carry FX trade basket to spread my risk. The spreads are also quite low.
Fantastic
Update news and movement in the market
Best
Platform well designed
great
Option to enter position with predefined TP and ST
Great
Wide choice of trading instrument
Accurate, Assurance
I have been using CMC Markets for Financial Spread Betting for around eight years now. I find the design and functionality of their Mobile and Desktop platforms easy to use, providing accurate information that can be used to make informed decisions.
In the world of Financial Spread Betting I would say trust in a provider is key; I feel CMC Markets based on my experience so far can be viewed as a trusted provider and that is why I would recommend CMC Markets to others.
Efficient
Clear platforms on all devices - excellent customer service - patient and kind to retail traders
Responsive
Their platform is excellent and transactions execution are quick and as expected.
Easy to use and transaction is quick
Tutorial educationap videos explaining well.
Trusted
Very clear good mix of products
Excellent customer service
I use CMC markets for Forex. Really impressed with the courteous and professional service
Excellent
Accurate pricing
Comprehensive
the platform offers a "one-stop-shop" for research, data, and execution and a user-friendly interface that is easy to navigate, regardless of experience level
Top notch
Everything you need in trading
great
This is my first experience.
So far, I have no complaints.
reliable
Small Spread - fixed guaranteed stop loss - easy to use the platform.
fantastic
Everything, and I have been with them since they were called deal4free.
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.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
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.