Sharesight teams up with CMC Markets Stockbroking

We are excited to announce that we have partnered with CMC Markets Stockbroking to integrate our two services. This allows CMC Markets Stockbroking customers to link their CMC online broking account to a Sharesight portfolio and have all past and future share trading transactions automatically recorded into Sharesight.

CMC Markets Stockbroking clients will be spared the task of having to manually enter all their historic trades when setting up their Sharesight portfolio and any future share trades will be automatically synchronised to Sharesight. Best of all, customers with small portfolios will be able to take advantage of Sharesight’s new free plan to manage their portfolio in Sharesight at no cost. Our standard Investor and Expert plans will also be available to customers who require the additional functionality.

The CMC partnership is another significant step towards our ultimate goal which is to make life easier for investors by fully automating the administration and management of investment portfolios.

We are working hard to ensure similar functionality is available to all share market investors. We are in discussions with a number of other brokers about providing similar functionality and our ultimate goal is to provide seamless connections to all brokers in Australia and NZ. Feel free to let your favourite broker know that you would like them to implement this service as well!

How do I connect my account to CMC?

If you're already a CMC client, simply login to your CMC Markets Stockbroking account and navigate to Account > Tax & Portfolio Reporting. From there, you'll be able to create a new Sharesight account or link an existing account. Transactions will be automatically recorded in Sharesight as soon as a trade is completed in the CMC system.¹

Our press release and related press coverage can be found here.

FURTHER READING

• Help — Import and sync CMC trades
• Case study — How CMC Markets uses Sharesight to deliver tax and portfolio reporting
• Blog — Why do I need Sharesight with my online broker?
• Blog — 7 reasons why Sharesight is better than a spreadsheet
• Blog — 5 ways Sharesight helps Australian investors at tax time