Global multi-asset broker CMC Markets has launched a new Junior Cash Individual Savings Account (JISA) under its CMC Invest platform, helping parents take the first step in building their children’s financial future.

The JISA provides a simple, secure and tax-efficient way for families to confidently build savings for their children. The account offers a competitive interest rate of 3.56% AER (variable), with interest paid monthly, delivering a clear and dependable return.

Accounts can be opened, managed and tracked entirely online, with no paperwork or bank branches required and a minimum investment of £1. Existing JISAs can also be transferred from other providers.

This supports CMC’s strategy to deliver a best-in-class platform focused on flexibility, choice, and evolving its global wealth capabilities; bringing together trading and investing into a more unified experience.

Jon Bendall, Chief Operating Officer, CMC Markets, said:

“By introducing a Junior Cash ISA, we’re giving families a simple, secure and tax-efficient way to start building wealth for their children. It extends our offering to the next generation of investors; with the confidence and clarity they expect from CMC Markets.”

Lachlan Rourke-Davies, Product Manager, CMC Markets, notes:

“We’ve built the Junior Cash ISA to be simple to open and easy to manage, giving families a straightforward way to put money aside for the long term without unnecessary complexity.”

The addition of a Junior Cash ISA further strengthens CMC’s multi-asset proposition, supporting clients at different stages of their financial journey.