Our Price Plans for CMC Invest

Q: How do I switch my plan?

Just navigate to your profile in the app by tapping on the icon in the top-left of the home screen. Then select ‘Your plan’, swipe right to the plan you want to switch to, tap on the switch button and follow the instructions. You’ll see the details relating to your new plan, including information about any fees. Once you’ve confirmed you’d like to go ahead, we’ll send you a confirmation in the message centre. It’s as simple as that.

Q: Can I switch my plan at any time?

Yes, you can. There are just a few things you’ll need to do before this can be completed, but we’ll help you along the way. It's important to know that switching your plan will mean you’ll no longer have access to the benefits available with the plan you’re switching from. To switch your plan, go to ‘Your profile’ in the app and tap ’Your plan’ – you’ll see your current plan. Swipe to the plan you’d like to switch to, then tap the switch button at the bottom of the screen. You’ll then see a list of actions you’ll need to complete before you can request your switch. When you complete an action, a green tick will show alongside it on the list. If you’re switching from Plus to Core, you must: Sell any Plus assets Cancel any pending orders for Plus assets Close or transfer out of your Stocks & Shares ISA and send us a secure message in the app asking us to close your ISA Withdraw any cash from your currency wallets If you’re switching from Premium to Plus, you must: Transfer out your SIPP to another provider and send us a secure message in the app asking us to close your SIPP account. If you are switching from Premium to Core, you must: Sell any Plus assets Cancel any pending orders for Plus assets Withdraw any cash from your currency wallets Close or transfer out of your Stocks & Shares ISA and send us a secure message in the app asking us to close your Stocks & Shares ISA

Q: Is CMC Invest regulated?

Yes, CMC Markets Investments Limited (registration number 948126) is fully authorised and regulated by the Financial Conduct Authority (FCA) in the UK. Retail client money is held in segregated client bank accounts, and money held on behalf of clients is distributed across a range of major banks, which are regularly assessed against our risk criteria.

Q: Is CMC Invest covered by the FSCS?

Yes, your eligible deposits with CMC Markets are protected up to a total of by the Financial Services Compensations Scheme (FSCS), the UK's deposit guarantee scheme. If CMC Invest ever went into liquidation, retail clients would have their share of segregated money returned, minus the administrator's costs in handling and distributing these funds. Any shortfall of funds up to may be compensated under the FSCS.

Q: How does CMC Invest segregate client money?

Under the FCA's client money rules, we're required to segregate client money from our own funds (unless you agree with us otherwise). The money held in segregated bank accounts does not belong to us and will be held in a way that enables it to be identified as client money. Learn more about client money regulations.

Q: Do I pay tax on my investments?

In the UK, if you have a Stocks & Shares ISA or Self-invested Personal Pension (SIPP), you don’t need to pay capital gains tax on any profits you make from selling investments, or dividend tax on income you receive from companies. Any profits and dividend income you make through a General Investment Account is taxable. This will be shown in your ‘consolidated tax certificate’, which you'll receive from us following the end of each tax year. Tax treatment depends on your individual circumstances and may be subject to change in the future.