CMC Markets MT5 Canada launched for retail and professional clients, adding MetaTrader 5 to the broker’s local platform range.
Clients can use one account to trade more than 1,100 instruments. These cover U.S. and Canadian shares, indices, commodities, and forex. The company said the move forms part of its ongoing investment in technology and product development in Canada. It added that the launch aims to give clients more flexibility and broader market access.
CMC Markets MT5 Canada Expands Platform Choice
Felix Wong, Vice President of Distribution at CMC Markets North America, said the rollout broadens platform choice for Canadian clients. He also said the new option adds to CMC Markets’ current offering. Additionally, Wong said MT5 and access to more than 1,100 instruments give traders more flexibility in how they take part in markets.
Separately, CMC Markets is moving ahead with its multi-asset app plan. The first stage brings traditional finance products into one platform. The second stage is expected to add decentralised finance products, pension and tax-wrapper accounts, tokenised assets, stablecoins, and CapX investing. The third stage is planned to add payments and banking services.
Singapore Changes and Annual Results
CMC Markets is also changing its Asia structure. The group is combining its stockbroking entity in Singapore with its main local unit. However, it said both the CMC Markets and CMC Invest platforms will keep operating for now.
The broker has also expanded its over-the-counter product range. Notably, it recently introduced weekend gold trading as demand for the metal increased.
For the year ended 31 March, CMC Markets reported net annual operating income of £392.6 million. That was up 15 per cent from a year earlier. Pre-tax profit rose 20 per cent to £101.3 million, while margin improved to 25.8 per cent. Meanwhile, EBITDA increased to £117.8 million and earnings per share climbed to 27.5 pence. The company said this was its strongest result outside FY2021, helped by volatility, growth in institutional and B2B income, and record results in Australia.
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