Invest in Foreign Exchange (FX)
A SMSF is permitted to invest in Foreign Exchange (FX). Clients of ESUPERFUND are permitted to use any Foreign Exchange (FX) Provider for their SMSF. To simplify the Foreign Exchange (FX) Application Process ESUPERFUND has established direct arrangements with CMC Markets allowing clients to easily apply for a Foreign Exchange (FX) 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 Foreign Exchange (FX) Provider for your SMSF as desired. However if you establish Foreign Exchange (FX) 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 daily data of all your SMSF Investments. Where you elect to invest in Foreign Exchange (FX) 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 daily.
About CMC Markets
Information about CMC Markets can be found here.
To apply to establish a CMC Markets Accounts 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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