Invest in CFDs
An SMSF is permitted to invest in CFD’s. Clients of ESUPERFUND are permitted to use any CFD Provider for their SMSF. To simplify the CFD Application Process ESUPERFUND has established direct arrangements with CMC Markets allowing clients to easily apply for a CFD Account through our website.
CMC Markets Account Not Compulsory
It is not compulsory to use the CMC Markets Account and you are permitted to invest in any CFD Provider for your SMSF as desired. However if you establish CFD Accounts for your SMSF other than with CMC Markets, data will not be accessible by ESUPERFUND and you will need to source and provide this data to ESUPERFUND annually. In addition ESUPERFUND provides a Client Login Portal to clients with real time data of all your SMSF Investments. Where you elect to invest in CFDs other than with CMC Markets, we will be unable to receive daily data on these accounts, and in turn will not be able to report details of these accounts in real time.
About CMC Markets
CMC Markets is a leading independent financial services provider and is a pioneer of CFD trading in Australia and a world leading CFD provider. With a global presence covering Asia, Australia, New Zealand, Europe and Canada, CMC Markets represents clients in over 70 countries. The company was founded in 1989 and is regulated by ASIC in Australia. CMC Markets Stockbroking is a participant of the ASX Group. CMC Markets is a founding member of the Australian CFD forum and is one of a small number of CFD providers in Australia who segregates client funds. CMC Markets focus on Client Service and a CFD Platform built for traders by traders.
What can you Trade using CMC Markets CFDs
CMC Markets new Next Generation platform offers clients access to over 5,500 global products across shares, indices, commodities, treasuries, currencies and cryptocurrencies.
By using the CMC Markets Account ESUPERFUND is able to electronically access the trades made by your SMSF in order to attend to the SMSF Annual Compliance Requirements. No records are required from you each year as we already have the data. It is important to understand that only electronic data files are provided to ESUPERFUND. We have absolutely no access to your CMC Markets Account and cannot actually login to your Account to access the required data.
No Direct Share Ownership
It is important to understand that when you purchase Shares using CFDs with CMC Markets, your SMSF is not the actual owner of the Shares. CFDs are simply a contract between you and the CFD Provider (i.e. CMC Markets) that could result in either a profit or a loss from either rising or falling prices.
Trade CFDs Long or Short
CMC Markets CFDs allow you to trade either Long or Short. This means that you can trade whether you think the price of a stock or asset is likely to appreciate or fall in value. With CFD trading, your profit or loss is determined by the difference between the buy price and the sell price of the financial instrument you are trading.
CMC Markets offer spreads which start from 0.7 points on major FX pairs such as AUD/USD and Equity CFD commissions starting from 0.1%. CMC Markets publish details of the spreads on its website every week. For details on the Brokerage Fees applicable under the CMC Markets trading platform click here.
CMC Markets’ team of analysts are dedicated to providing leading market insights, alerts and strategies at no cost, to help get you up to speed, deepen your knowledge and hone your trading skills. CMC Markets’ Next Generation trading platform also houses many additional educational features keeping you up to date on market activity and sharing trading expertise, directly from the platform. Tools include CMC Insights, Chart Forum, Client Sentiment and Pattern Recognition. Click here to find out more.
For more information about the CMC Markets CFD Account click here.
CMC Markets CFD Account Queries
If you have any queries about your CMC Markets CFD Account please contact CMC Markets directly. Please do not contact ESUPERFUND directly in relation to queries about your CMC Markets CFD Account as unfortunately we will be unable to assist you with your queries. Contact details for Client Services and the Dealing team are as follows:
CMC Markets Login
To login to the CMC Markets CFD Account click here.
To apply to establish a CMC Markets CFD Account click here.
No financial product advice or recommendation
No Advice Express or Implied: It is important to understand that ESUPERFUND has not taken into account any particular investor's objectives, financial situation or particular needs. ESUPERFUND does not provide financial product advice or recommend any financial products either expressly or implied. ESUPERFUND expressly states that it does not recommend, represent as suitable, or endorse any financial product or service available through ESUPERFUND. This applies in relation to the CMC Markets Account. ESUPERFUND does not advise or recommend that this product is suitable to a particular investor’s financial requirements or needs in relation to their SMSF. Any information provided in relation to the CMC Markets Account is factual information only about the operation of the account and how data is made available to ESUPERFUND. Accordingly you should read the disclosures relating to the CMC Markets Account before making any decision about whether the CMC Markets Account is suitable for your SMSF needs. We also recommend that you should seek professional advice from a financial adviser before making any decision to use the CMC Markets Account for your SMSF.
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