CMC Markets was established the UK in 1989 when entrepreneur Peter Cruddas started the company with a £10,000 investment. The “Currency Management Corporation” was set up in a small office with just a desk and a phone, and Cruddas brokered FX deals with contacts he had gained as a bank operator at Western Union.

We opened our doors in Sydney in 2002. We provide clients with a greater range of investment products and services, including CFD trading and FX, and an exceptionally high-standard, low-cost online stockbroking service. Our clients enjoy our quality service, access to CFDs over global markets and competitive trading costs. Currently we have Australian offices in Sydney, Melbourne and Brisbane.

In 2008 we acquired Australian stockbroker Andrew West & Co (AWS), a highly regarded online stockbroking house with over ten years’ trading experience. This has provided access to a broader investment market and enabled us to deliver greater benefits and wider product choices to Australian investors. Still privately held, CMC Markets welcomed its first institutional shareholder when Goldman Sachs purchased a 10% stake in the company. Also integral to technology innovation has been the purchase of UK firm Digital Look in the UK.