CGS-CIMB Securities International Pte Limited (CGS-CIMB) is one of the leading integrated financial services providers in Asia, servicing over 2,600 institutional clients and 400,000 retail clients. They offer online trading in multiple financial instruments, including forex, equities, bonds, stocks, ETFs, CFDs, through a range of sophisticated trading platforms.
CGS-CIMB Review, Pros & Cons
- Choice of advanced trading platforms
- Educational resources
- A selection of useful trading tools
- Multiple financial instruments
- Limited account funding options
- No MetaTrader 5 or cTrader platforms
- No live chat support
- Not the tightest spreads or lowest commissions
- No USA clients
In this detailed CGS-CIMB review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Headquartered in Singapore, CGS-CIMB is an online trading broker that offers award-winning platforms to help clients to trade the global financial markets. Traders have access to some useful trading and learning tools, whilst there is a dedicated client support team to assist them. Traders have multiple trading account options to choose from.
CGS-CIMB Securities International Limited is a company registered in Asia with the company registration number: 200506890E. CGS-CIMB is regulated by the Monetary Authority of Singapore, a highly regarded regulatory body in Asia.
The broker offers its services to clients from different parts of the globe where the use of such services would not be contrary to local laws and regulations.
Some CGS-CIMB features and products mentioned within this CGS-CIMB review may not be available to traders from certain countries because of legal restrictions.
The MetaTrader 4 platform, also known as MT4, is one of the most widely known electronic trading platforms for Forex trading online. Developed by MetaQuotes in 2005, MT4 is packed with exciting features to fit the trading needs of online retail FX speculative traders. The platform is built with several advanced trading tools to ensure a seamless trading experience. Some of the tools include technical indicators, charting tools, expert advisors, and more. The MT4 platform is available in desktop, web, and mobile versions.
The iTrade platform is equipped with comprehensive trading tools to help the clients make sound decisions on their trades. It offers real-time streaming prices and market news from Singapore, Malaysia, the US, and Hong Kong. The platform also allows its users to browse through fundamental reports, use technical analysis charts and tools, and more. iTrade has evolved and transformed the online trading platform to give clients a digital experience where they can trade equities at any time and from anywhere.
Viewpoint is an easy-to-use market data and trading platform that offers a highly customisable user interface and a comprehensive library of widgets. It is a web-based platform, so you can access it via any modern web browser.
CGS-CIMB Trading Tools
Traders also get to make use of some standalone trading tools that are provided to enhance their trading experience. They include iScreener, iFilter, Stock Filter, Fundamental and Technical Analysis, and more.
The broker’s website is packed with several educational resources to keep clients informed on how the financial markets operate. These include news, market commentary, knowledge centre, and more.
The broker offers the following trading instruments: forex, equities, bonds, stocks, ETFs, CFDs.
CGS-CIMB Accounts & Fees
The broker provides traders with a choice of different trading account options to suit their individual trading needs. The account types include Cash Trading Account, Cash Upfront Account, Margin Trading Account, and Securities Borrowing Account.
As broker fees can vary and change, there may be additional fees that are not listed in this CGS-CIMB review. It is imperative to ensure that you check and understand all of the latest information before you open a CGS-CIMB broker account for online trading.
The broker provides traders with a knowledgeable customer support team that is available on weekdays during working hours (8:30 am to 6:00 pm) to respond to all clients’ trading inquiries. They can be contacted via telephone, email, and social media.
CGS-CIMB Deposit & Withdrawal
Account deposits and withdrawals can be processed using online bank transfers.
CGS-CIMB Account Opening
Clients can register for cash trading, margin trading, or CFD accounts via the online registration form provided on the broker’s website. Fill in the form accurately, providing your name, contact details, and ID number for validity check.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
CGS-CIMB provides traders with different advanced platforms for trading multiple financial instruments. Traders have access to a good selection of helpful trading tools and learning materials, while a client support team is available to assist them. There are multiple account options to choose from.
Investments in any unit trusts or other securities which may be accessible via the third-party services are not deposits or other obligations of, or guaranteed or insured by CGS-CIMB or its affiliates and are subject to investment risks, including the possible loss of the principal amount.