CMC Markets Partners with Upvest to Launch Multi-currency Securities in Germany

WHY THIS MATTERS
CMC Markets’ partnership with Upvest reflects a broader shift in retail investing toward unified, multi-asset, and multi-currency platforms. Today’s investors increasingly expect seamless access to global markets without friction—whether that’s currency conversion, fragmented platforms, or complex onboarding. By enabling trading in GBP, EUR, and USD across equities, ETFs, and mutual funds, CMC is aligning its offering with how modern investors actually think: globally, not domestically.

The use of API-driven infrastructure is also significant. Rather than building and maintaining complex custody, execution, and settlement systems internally, CMC is leveraging Upvest’s full-stack investment infrastructure. This reduces time to market and allows faster expansion across Europe, including the ability to localise products such as pensions and tax wrappers. As regulatory complexity increases across European markets, this kind of modular, scalable infrastructure is becoming essential for firms looking to grow efficiently while remaining compliant.

CMC Markets, a global leader in online trading for retail investors and platform technology solutions for institutional partners, has entered into a partnership with Europe’s leading investment infrastructure provider, Upvest. The goal of the partnership is to expand the product range to include a multi-currency offering in stocks, ETFs, and mutual funds denominated in GBP, EUR, and USD.   

By leveraging Upvest’s Investment API, CMC Markets’ end users will be able to invest in a wide range of securities via a single platform starting this autumn. The launch in Germany serves as a blueprint for a broader European rollout and lays the groundwork for localised investment products, including pension products and tax wrappers.   

This step is a significant milestone toward CMC Markets’ goal of becoming the one-stop shop for all retail investors’ needs. End users can easily invest in the companies and markets that matter to them, in the currency in which they are traded. Whether trading LSE-listed companies in GBP, local DAX blue chips in EUR, or US tech giants in USD, the platform provides a modern digital-first user experience with instant onboarding and real-time data.   

Behind the scenes, Upvest provides the complete infrastructure layer, covering execution, custody, and settlement, as well as back- and middle-office operations through a single, fully integrated API. This collaboration further cements Upvest’s position as the go-to investment infrastructure provider for financial institutions looking to scale their investment offerings across Europe and the UK.   

Christine Romar, Head of Europe at CMC Markets Germany:

 “Today’s investors don’t think in terms of borders, but in terms of opportunities. Through our partnership with Upvest, we are taking a huge step toward our goal of becoming one of the leading multi-asset brokers with a unique trading platform. With Upvest’s investment infrastructure, our end users in Germany will enjoy the same world-class flexibility starting this autumn that we pioneered in the UK. This is a massive leap forward for our expansion in Europe.”

Martin Kassing, CEO and co-founder of Upvest:  

“CMC Markets has spent decades earning the trust of traders worldwide. We’re here to make sure that same standard carries through to their European securities offering, from day one. CMC Markets chose Upvest because they needed infrastructure that could match their ambitions, not slow them down. We’re glad to be the foundation they’re building on.”

Upvest is now active in over 20 European markets and processes over 100 million orders annually for more than 30 financial institutions. Upvest’s recent $125 million financing round underlines the company’s position as Europe’s leading investment infrastructure provider, giving CMC Markets a partner built for the long term.  

FF NEWS TAKE
This partnership highlights the growing importance of “infrastructure-as-a-service” in wealth and trading platforms. Upvest is positioning itself as the backbone for firms that want to scale quickly, while CMC focuses on the client experience and distribution.

That said, the European market remains highly fragmented, with varying tax regimes, regulations, and investor preferences. Expanding beyond Germany will require careful localisation and strong execution. If CMC can successfully roll this model out across multiple markets, it moves closer to becoming a true one-stop shop for retail investors—something many platforms aim for, but few fully achieve.