CMC Markets Stockbroking Wins Award at Money Magazine's 2011 Best of the Best AwardsBy Cmc Markets, PRNE
Monday, November 29, 2010
SYDNEY, November 30, 2010 - CMC Markets (www.cmcmarkets.com.au/about), the leading independent
financial services provider, has been judged 'Cheapest Online Broker' in the
prestigious Money magazine 2011 Best of the Best awards.
The win caps off a resoundingly successful year for CMC Markets with its
stockbroking (www.cmcmarkets.com.au/stockbroking) business launching
Australia's lowest online brokerage (www.cmcmarkets.com.au/) rate of
$9.90 or 0.10%.
"The 'Cheapest Online Broker' award is a fantastic achievement for CMC
Markets Stockbroking butwhat makes us most proud is that we haven't
sacrificed service or functionality in order to deliver this low cost
brokerage",said Barry Odes, Managing Director of CMC Markets Australia and
"CMC Market's low brokerage has really invigorated competition in that
sector of the market. This low brokerage is not associated with an equivalent
cut in features, as CMC Markets offers extensive charting and research
options, as well as dynamic trading, which is normally associated with
higher-cost platforms" said Mitchell Watson, an analyst at CanstarCannex, the
leading financial research company which ranked the brokers for Money
The Money magazine Best of the Best award is the second accolade this
year that CMC Markets has won for its stockbroking business. In August, the
AFR Smart Investor Blue Ribbon Awards recognised CMC Markets as one of the
top 3 'Feature Rich Brokers' in Australia.
CMC Markets' clients can access a platform (
www.cmcmarkets.com.au/trading-platforms/share-trading) that offers low
cost brokerage with free unlimited conditional orders, access to all ASX
equity instruments, live pricing, market news and analysis, and free charting
which will ensure clients are more equipped than ever to make smart,
strategic trading decisions.
"Another feature of our stockbroking platform is that our clients are
able to tap live into select margin lending (
www.cmcmarkets.com.au/stockbroking/margin-lending) execution offerings
which enables them to trade on margin loans from our standard online offering
rates of $9.90 (no additional charges like other brokers). This has proven to
be a flexible and innovative solution as clients look to add depth to their
share portfolio direct from their trading platform", said Mr Odes.
About CMC Markets
The CMC Markets Group, a leading independent financial services provider,
offers a range of investment products and investment tools including shares
(www.cmcmarkets.com.au/stockbroking), options, listed managed
investments, warrants, interest rate securities and Contracts for Difference
(CFDs) (www.cmcmarkets.com.au/cfd). Through our partnerships we can
also provide access to managed funds and margin lending execution. In 2007
CMC Markets launched its broking service with the acquisition of Andrew West
Stockbroking and CMC Markets Stockbroking (
www.cmcmarkets.com.au/stockbroking) is now one of the only non-bank
aligned, online stockbrokers in Australia.
CMC Markets is a pioneer of CFD trading in Australia and a world leading
CFD provider. With offices in London, Frankfurt, Dublin, Madrid, Vienna,
Sydney, Tokyo, Toronto, Beijing, Auckland, and Singapore, 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.
For more information please visit www.cmcmarkets.com.au
For media enquiries please call: Jane Bryant, PR Campaign Manager, CMC Markets, +612-8221-2124, j.bryant at cmcmarkets.com .
Tags: australia, Cmc Markets, November 30, Sydney