CMC Invest Pricing Is Out

Chris Forbes here, CEO of CMC INvest SG. Thank you for your comments below, we are excited to launch soon and serve your needs. I wanted to address one misconception on the FX pricing...in a note by Seedly (https://blog.seedly.sg/cheapest-online-brokerag...) they accurately show the true FX Spread of most brokers. CMC displays and transparency shows you our spread....almost none of the others do. Much like changing your money at the airport, they say "no fees" but instead, it is built into the price/spread. The same is true of brokers. You will notice in row "FX Rate % loss" is the spread vs IB which is already roughly 25-30basis points, so most brokers charge around 65-70bps as standard. We publish ours as we believe that is the right thing to do. So we are actually cheaper than the above article for FX, not to mention brokerage, custody and platform fees. I hope you will give us a try in the coming week. Im keen on feedback, so please let me know how we can better work with you. Best, Christopher

Looks exciting. Looks like we are spolit for choices.