CMC Markets currently operates the Suncorp Share Trade Platform and this transition provides an opportunity to move customers to the CMC Markets Invest brand with minimal disruption, while offering additional benefits to you.
Suncorp Bank and CMC Markets have agreed to transition customers from Suncorp Share Trade to CMC Markets as part of Suncorp Bank’s strategy to focus on core banking services.
CMC Markets currently operates the Suncorp Share Trade Platform and this transition provides an opportunity to move customers to the CMC Markets Invest brand with minimal disruption, while offering additional benefits to you.
What does the transition to CMC Markets Invest mean for me?
This transition means you will become a direct client of CMC Markets, accessing a range of additional benefits currently unavailable on the Suncorp Share Trade platform including improved pricing, such as access to $0 brokerage when you buy Aussie shares under $1,000 (limited to one buy order per stock per trading day) and $0 brokerage (Foreign Exchange (FX) spreads apply) when you trade US, UK, Canadian and Japanese markets. Additionally you'll get access to exclusive educational tools and a cutting-edge mobile app.
Your trading account will continue to operate as it currently does with your login and password unchanged. From Wednesday, 29 June 2022 (after market hours) you will be able to login via CMC Markets Invest. You will notice that the branding will change to CMC Markets Invest on the platform and in the communications you receive. Otherwise, you can continue to use your Account as you do today, and your holdings will not be impacted.
Why is this transition happening?
Suncorp Bank and CMC Markets have agreed to transition customers from Suncorp Share Trade to CMC Markets as part of Suncorp Bank’s strategy to focus on core banking services. CMC Markets currently operates the Suncorp Share Trade Platform and this transition provides an opportunity to move customers to the CMC Markets Invest brand with minimal disruption, while offering additional benefits to you.
When will the transition change come into effect?
All Share Trade customers were transitioned to CMC Markets Invest on 29 June 2022. You received a communication advising of your successful transition across to CMC Markets Invest.
Where do I login once I have transitioned?
You can login with your current credentials at: https://www.cmcmarketsstockbroking.com.au.
You can also download the mobile app on the Google Play store or Apple Store.
What if I don’t want to transition?
Your Share Trade account has already transitioned to CMC Markets Invest, you can choose to close your CMC Markets Invest account. To do this you will need to contact our Client Services Team on 1300 303 888 to close your account. Share Trading lines are open from 7:30am – 5:30pm (Sydney time), Monday–Friday.
Will my open and partially open orders remain open in the market?
You will still have your open orders and partially open orders once you have transitioned. These will be subject to the rate in which they were placed. If you would like to benefit from your new rate, you will need to cancel and re-place the order.
Will I have to change where my funds are held?
Your cash account will stay the same for the time being and you will be advised of any future changes. where applicable in line with your Terms and Conditions and other product documentation.
Will my watchlists move over to the new platform?
You watchlist will move across to CMC Markets Invest. Everything about your trading account will be the same; same great platform, same personalisation, just CMC branded and with extra benefits.
Will my documents be available at the end of financial year?
Yes, these documents will be housed in the same place as before on the platform. You can access these documents under Account > Statements > EOFY Trading statement.
How do I download the CMC Markets Invest app?
You can download the CMC Markets Invest app via the Google Play Store and Apple App Store.
What will it mean for my account?
You will have the same login credentials and can use these to log into the CMC Markets Invest platform.
What can I trade on my new CMC Markets Invest account?
CMC Markets Invest offers you a wide range of investments including Australian shares, International shares, Exchange traded funds, mFunds and warrants. For more information click here.
What will my new rates be?
After the transition, you will benefit from our low online brokerage fees. Please refer to our FSG for our full pricing.
How do I pay for my shares?
Your CMC Markets Invest account will still be linked to your Wealth Cash Management Account (WCMA), continuing to make trading easy.