Invest in CFDs
Clients of ESUPERFUND are permitted to invest in CFDs. The Preferred Broker to trade CFDs is CMC Markets and you can apply to add CMC Markets to your SMSF through our website, once your SMSF is established.
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 and currencies
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 ING 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 competitive spreads which start from 0.7 points on major FX pairs such as AUD/USD and Equity CFD commissions starting from 0.08%. CMC Markets appreciate the importance of transparent and consistent pricing to our client, so CMC Markets publish details of the spreads on their 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.
Can your SMSF use Other CFD Brokers?
Yes. You are permitted to establish additional CFD Broker Accounts for your SMSF with any Broker desired, in addition to CMC Markets to invest in CFDs.
However if you establish additional CFD Brokers for your SMSF, data will not be accessible by ESUPERFUND and you will need to source and provide this data to ESUPERFUND annually.