CMC Trading Tutorial: How to buy shares and ETFs

Тәжірибелік нұсқаулар және стиль

In this video I go through how I use CMC to buy and sell shares and ETFs in Australia. Sign up to my newsletter: sanjee.substack.com
Video on how to buy with the CMC phone app: • How to buy shares and ...
Time stamps:
0:00 - Intro
0:13 - Who is CMC Markets?
1:29 - How to get started
1:55 - How to transfer money to CMC
3:21 - How to transfer money out of CMC
4:00- Products on CMC
4:58 - How to buy an ETF or share
5:45 - The BUY step
9:13 - How to CANCEL an order
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Disclaimer:
The information provided in this video is general in nature only and does not constitute personal financial advice. You should also consider seeking the advice of an investment advisor who holds an Australian financial services (AFS) licence or is a representative of an AFS licensee. Be sure to work with someone who understands your investment objectives and tolerance for risk. Your investment advisor should understand these products, be able to explain whether or how they fit with your objectives, and be willing to monitor your investment alongside you. There are some Amazon Affiliate links above - if you purchase from there, at no additional cost to you, I will earn a small commission for each sale.

Пікірлер: 103

  • @bytestalker
    @bytestalker Жыл бұрын

    Excellent for beginners. Excellent/professional production quality. i.e. highlighting and zooming in on point of interest.

  • @louisesadler6945
    @louisesadler6945 Жыл бұрын

    Your video was so helpful; clear and succinct. Thank you.

  • @Connie_Nueva
    @Connie_Nueva6 ай бұрын

    You are the best teacher! Thank you for this informative video.

  • @hazelchung4610
    @hazelchung4610 Жыл бұрын

    Super useful content! Not many people actually spell it out for beginners really appreciate it!

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Glad it was helpful!

  • @JohnSmith-hk8hx
    @JohnSmith-hk8hx Жыл бұрын

    Great vid man..straight foward easy to understand

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Thanks John!

  • @pas0003
    @pas00034 ай бұрын

    Great intro! Thanks!

  • @neilacio4851
    @neilacio48513 ай бұрын

    Excellent tutorial!

  • @Sajee123zumba
    @Sajee123zumba Жыл бұрын

    Sanjee just came across you. Your videos was very clear. I am new to trading so your content is very helpful.

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Happy to hear that!

  • @Riceman64Goode
    @Riceman64Goode Жыл бұрын

    Thank you for all the informative content. You relay concepts really clearly mate

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Thanks Rhys!

  • @SenorNavel
    @SenorNavel11 ай бұрын

    Thanks for this, very helpful. After trying to sign up with Vanguard who make things very difficult, I think I'll try CMC Trading.

  • @ryanbonnefin186
    @ryanbonnefin1866 ай бұрын

    great work much appreciated. interestingly you cant set up the withdraw account option on the app

  • @AmSpace111
    @AmSpace111 Жыл бұрын

    Good Job!

  • @maximusprofitus
    @maximusprofitus Жыл бұрын

    Hi Sanjee, how to setup a reoccurring buy order?

  • @ivan_DC8
    @ivan_DC8 Жыл бұрын

    Hi Sanjee! Thank you for your videos! Could you please make a video on how to track your dividends on CMC? Or maybe using an external app/website? Thank you 🙏

  • @SanjeeSen

    @SanjeeSen

    10 ай бұрын

    Hi Ivan, I used to use an excel spreadsheet but have recently switched to Sharesight.

  • @juanpison3198
    @juanpison3198 Жыл бұрын

    Hi! Good video! I want to buy a fractional shares in Cmc markets but I can’t. Why is it? Could you help me? Thanks

  • @huzlfinance
    @huzlfinance Жыл бұрын

    Great review. Looking forward to concurrently learning via your journey with CFD Sanjee :)

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Thanks Huzl, planned for 2023 :)

  • @petejames1326

    @petejames1326

    Жыл бұрын

    @@SanjeeSen hey mate, i need your help in with STAKE for US trading but they put their fees up from FREE to US$3 a trade, i wanted to join CMC markets im in australia of course, but all there reviews are terrible is it that bad or not really? ive read brokerage is FREE but min is $1000 to buy, there is also an inactivity fee i think, im more a buy and hold investor not trader, what do you think about CMC for international buying? is it ok? cheers

  • @petejames1326

    @petejames1326

    Жыл бұрын

    @@SanjeeSen when i look on the CMC aussie site it shows there is an inactivity fee but the CMC US site shows no inactivity fee, PLUS its only $0 brokerage in australia US UK canadian and jap shares, if you want to buy shares in germany france and the 15 other exchanges its $59, that sucks

  • @Unseenverse49
    @Unseenverse492 ай бұрын

    Great content Sanjee, clear and simply explained. Could I know if there;s any fees to withdraw money from CMC markets?

  • @minhalee8672
    @minhalee86726 ай бұрын

    Hi there! I was just wondering whether it was possible to use a Commonwealth bank account using CMC? It automatically linked my ANZ bank account but I'd like to switch it.

  • @ongvua22
    @ongvua22 Жыл бұрын

    Can you share the link for trading using CMC app? Thanks

  • @victorgomes7585
    @victorgomes758511 ай бұрын

    Hi Sanjee I already set up an account but I do not remember whether I set up account as CFD or share account. How can I find out, please?

  • @user-cm7vu2rj8n
    @user-cm7vu2rj8n Жыл бұрын

    You mention making a video for making a purchase on the CMC app but I can't find it

  • @fulltrackfox9746
    @fulltrackfox9746 Жыл бұрын

    Hi, whenever I try to buy it comes up with rejected by system. This will be my first time trying to buy on cmc and it's quite irritating as I've traded through other platforms with no problems before. What's the reason for this?

  • @jarrodsmith2979
    @jarrodsmith29793 ай бұрын

    I have some questions about the cmc markets app, %100 new and i need help. Lets say im looking at the upcoming dividend section it will say ex-date pay-date dividends franking How is the dividends section calculated as sometimes i think it makes sense then other times i loo there and i see numbers in the 100+

  • @vipinvarghese81
    @vipinvarghese81 Жыл бұрын

    Hi, just wondering is the ANZ account automatically pops up is only for me, in case of Chess sponsored. Or i have to make another account. First time investing in this part of the world, its a basic question i know. If you could provide some light. In india back home, we have a demat account i guess its the same here. Also shall we have another chart or can you do a separate video.Thanks Sanjee, keep up the good work mate.

  • @robertsimpson3525
    @robertsimpson3525 Жыл бұрын

    Great video

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Thanks Robert

  • @miosignore90
    @miosignore90 Жыл бұрын

    Hi Sanjee, I recently found your channel, thanks for your content! I have a question, is there a way to buy automatically ETF shares on a monthly savings plan? If yes, which platform do you suggest?

  • @sangram6848

    @sangram6848

    Жыл бұрын

    CMC markets don't support this feature as of now. Stake, pearler, and Vanguard personal accounts have these capabilities.

  • @nabilahamdani
    @nabilahamdani3 ай бұрын

    Can I potentially withdraw total holdings? After years of investing..Not cash that I deposited in there?

  • @padmarajkakade1446
    @padmarajkakade1446 Жыл бұрын

    How to open new Account in cmc platform? I am from India

  • @muanthangsing7788
    @muanthangsing7788 Жыл бұрын

    When I click on transfer funds it says details on this page wil not appear until cash account is linked . For margin loan settled accounts , please contact your margin lender for finding and transfer information. How can I proceed with this condition please answer ?(I don’t have any ongoing Australian loan) Could it be because I have less money in my account?

  • @palakmittal8820
    @palakmittal882010 ай бұрын

    Hi, Thanks for the informative Video. Can we automate the buy process of ETFs in CMC ?

  • @SanjeeSen

    @SanjeeSen

    10 ай бұрын

    Great question, not in my experience. I’m just doing a video now on DCA and CMC is not really a great platform for the automation side. I’d say other platforms are better for this.

  • @crlyap
    @crlyap8 күн бұрын

    Is it actually $0 fee each day under $1000 ?? For the same ETF or stocks? Or is it only the 1st but up to $1000 portfolio and as soon as your ETF more do you need to pay $11 per trade?

  • @Sam-vl3iv
    @Sam-vl3iv6 ай бұрын

    Is there a minimum amount you can use per trade? Is it possible to have a good risk manegment with a 200 dollar Account on Cmc market? (For Forex trading)

  • @168KDW
    @168KDW5 ай бұрын

    How to buy index funds in CMC 🎉😊

  • @ankuraggarwal9389
    @ankuraggarwal9389Ай бұрын

    How to buy gold in cmc?

  • @sreparthiban
    @sreparthiban Жыл бұрын

    this is really helpful, thanks for the video. Although brokerage fees is 0 for US markets, do they levy any FX conversion or service charges?

  • @pb8582

    @pb8582

    Жыл бұрын

    Is not free, over 1000 you cash, and yes is a lot of FX fee I think 2% and some other fees

  • @jaluriaja6294
    @jaluriaja6294 Жыл бұрын

    Is it a good idea to have a stock broker in Uk?

  • @steffan683

    @steffan683

    Жыл бұрын

    Yes, Mate. It is.

  • @saanvi848

    @saanvi848

    Жыл бұрын

    @@steffan683 Please why do you say so? I wanna know. I have lost a lot. Trying to manage my stocks myself.

  • @jaluriaja6294

    @jaluriaja6294

    Жыл бұрын

    I’m too tied up with work. I have no time to analyze which stock to buy.

  • @gwendolyngwen9065

    @gwendolyngwen9065

    Жыл бұрын

    Getting these people will ease a lot. And at last, you’ll realise you have safe your funds. The money we throw into stock without even taking consideration to whether it’s good for holding or not is our hard earn money. So we should accept someone professional to make good management of it for proper growth.

  • @jaluriaja6294

    @jaluriaja6294

    Жыл бұрын

    What about her commission and percentage?

  • @lincolncarolan8341
    @lincolncarolan83419 ай бұрын

    Can you please put a link the CMC App tutorial video you mention at the end of this video. Thank you

  • @SanjeeSen

    @SanjeeSen

    8 ай бұрын

    Sorry for the delay - here is the link on how to use the mobile app kzread.info/dash/bejne/gq2p15SkdbvSprA.html

  • @Anoop2422
    @Anoop2422 Жыл бұрын

    You are doing a brilliant job mate. Thank You 🙏 One Question: On CMC it seems i have to spend $500 on every new stock purchase and there after on that stock.i can buy for less than $500. E.g. first time I purchased VAS i had to buy for 400+ and first time with WOW, the same? Is that how CMC works? That sounds unpractical... Everytime i want to buy a new company stock or ETF, i news ro shell out $500??? Can you pls advice? Thanks You

  • @rohroh6256

    @rohroh6256

    Жыл бұрын

    I think that is the minimum purchase amount for new holdings on the ASX. Can't get around it unfortunately irrespective of the platform you use.

  • @Anoop2422

    @Anoop2422

    Жыл бұрын

    @@rohroh6256 thank you 👍

  • @duanebonney
    @duanebonney10 ай бұрын

    Hi Sanjee. Could you please cover DCA with this app? I'm having difficulty with setting this up on any app.

  • @SanjeeSen

    @SanjeeSen

    8 ай бұрын

    Hi, CMC is actually a terrible app to use for DCAing. I recently did a video on this. I find it is a very manual process of organising the transfers and then manually making the purchases. I don't mind doing it, but others might prefer platforms like Pearler, Commsec Pocket, Stake etc.

  • @duanebonney

    @duanebonney

    8 ай бұрын

    @@SanjeeSenI like the free brokerage, so I’ll just do it manually. Thanks mate.

  • @larysakemin9365
    @larysakemin9365 Жыл бұрын

    did you mentioned about the first trading a minimum of $500 per stock?

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Hopefully! If not this is a great reminder.

  • @jing713
    @jing713 Жыл бұрын

    Hi Sanjee, what do you think about CMC after using it for a while? $0 trades look attractive! Thanks

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Hi there, yes it has been fine for me so far. I’ve done about 10 transactions and no issues

  • @jing713

    @jing713

    Жыл бұрын

    @@SanjeeSen thanks!

  • @janespindy
    @janespindy11 ай бұрын

    Hello, is cmc have paper tade? Do I need to buy market data for ASX market ??

  • @SanjeeSen

    @SanjeeSen

    10 ай бұрын

    Hi there, no I don't believe CMC is paper trading.

  • @dominicmusgrove7697
    @dominicmusgrove76974 ай бұрын

    I only got an option to set up a cfd account, how would I change this to a share investing account?

  • @dominicmusgrove7697

    @dominicmusgrove7697

    4 ай бұрын

    It gave me the options choose a meta4 or new generation platform, I’m brand new to this? Will I be able to do the same thing with a cdf account

  • @g-enter4230
    @g-enter4230 Жыл бұрын

    Hi Sanjee, I'm just about to join CMC but I'm wondering that I have to pay for Market Data Service Fees($41.25_Dynamic Data) or it's just the optional?

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    I think that is optional. I definitely am not paying for that 🙂

  • @g-enter4230

    @g-enter4230

    Жыл бұрын

    @@SanjeeSen That's great and thanks a lots.

  • @neilkerkham6470

    @neilkerkham6470

    Жыл бұрын

    This is the one thing that keeps me from bringing everything over to CMC from CommSec, is that you have to pay for Live Data. Also as you mentioned in a previous video, how the purchase price per unit doesn't change if you manually add it in after the transfer has been completed. I have a friend who works at CMC and he was saying there is a new platform due in the next 12 or so months so hopefully we'll see some improvements.

  • @truechild1917
    @truechild1917 Жыл бұрын

    I didn’t get one thing Do you have to have two seperate bank accounts? One for deposit, one for withdrawal Or Can you use same bank account for withdrawing money????

  • @MLong05

    @MLong05

    Жыл бұрын

    I'm wondering the same thing after watching and scroll down to find an answer but unfortunately only find the question. Have you figure this out yet?

  • @hemant81you
    @hemant81you Жыл бұрын

    Hi Sanjee, Thank you for your videos. I was going through the reviews about CMC markets and they looked pretty bad especially when it comes to withdrawal. Not one positive comment. How's your experience with that? Thank you ...

  • @frank6401

    @frank6401

    Жыл бұрын

    I am going to open one myself, do the trial, deposit small amount then withdraw some, see how it goes, the $0 fee under $1k is so good, worse case I'll just transfer out to other broker.

  • @SanjeeSen

    @SanjeeSen

    10 ай бұрын

    Hi there, in my experience it is been fine. I'm just making a video now about how to get money out of the CMC account because I can see how it might not be intuitive. But after you've set it all up, I've found it works fine. Video coming soon.

  • @Japaneseyap
    @Japaneseyap Жыл бұрын

    there was never a tutorial on how to do this on the mobile app??

  • @minor_podcast1
    @minor_podcast110 ай бұрын

    I don't have Australian driver's license. How to verify identity?

  • @SanjeeSen

    @SanjeeSen

    8 ай бұрын

    Best to ask the team at CMC what else you could use. They've always been helpful when I've called.

  • @Sauvage_Foxes
    @Sauvage_Foxes Жыл бұрын

    can you do a vid on DCA?

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Thanks for the suggestion Arnie! I'll add it to the pipeline.

  • @Ovaljoke
    @Ovaljoke Жыл бұрын

    I really like how on commsec you can buy without any money in the CDIA account.

  • @pb8582

    @pb8582

    Жыл бұрын

    Never use CommSec too expensive

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Top G, it's certainly a feature that I haven't seen in many other brokers.

  • @neilkerkham6470

    @neilkerkham6470

    Жыл бұрын

    Agreed. CMC doesnt have payID or Osko from Macquarie, so I have to wait a business day to see cash I transfer in. Superhero was brilliant in that regard. But again, Superhero not CHESS sponsored so that was too much of a long term risk

  • @oudonbail
    @oudonbail8 ай бұрын

    They really need to make the website nice to use , it feels like using warehousing software from 1999

  • @SanjeeSen

    @SanjeeSen

    8 ай бұрын

    Couldn't have put it better!

  • @Fx.Mzk007
    @Fx.Mzk0074 ай бұрын

    Withdraw crypto ?

  • @roadrunner2710
    @roadrunner2710 Жыл бұрын

    With IG it is instant. Not been a di*k

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Fair enough - I do think the extra few days are annoying.

  • @investresearch5805
    @investresearch5805 Жыл бұрын

    CMC markets are one of the worst if you trade US and other international markets, They don't show FX fees on annual statements. They hide it from you. Who knows how much fx fee you pay. Instead of hiding it, CMC markets show how much fees the customer pays.

  • @SanjeeSen

    @SanjeeSen

    Жыл бұрын

    Hopefully they'll take your suggestions into future iterations of the platform

  • @megakin100

    @megakin100

    10 ай бұрын

    so whats a better one?

  • @investresearch5805

    @investresearch5805

    10 ай бұрын

    @@megakin100 I personally use Superhero. Stake is another option

  • @annaelmo9357
    @annaelmo9357 Жыл бұрын

    CMC website says you can make additional investments if less than $500 after your first trade (stocks). Anyone used this feature and know how it works?

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