CGS-CIMB Review

Rana Adnan | March 30, 2022

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.

Broker 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

Summary

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.

Regulation

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.

Platforms

MetaTrader 4

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.

CGS-CIMB MT4 Trading Platform

CGS-CIMB MT4 Trading Platform

iTrade

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

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.

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.

CGS-CIMB iScreener

CGS-CIMB iScreener

Education

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.

Markets

The broker offers the following trading instruments: forex, equities, bonds, stocks, ETFs, CFDs.

Accounts

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.

Support

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.

Funding

Account deposits and withdrawals can be processed using online bank transfers.

Signup

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.

CGS-CIMB Account Opening Page

CGS-CIMB Account Opening Page

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

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.

CGS-CIMB Logo

Min $25 Deposit

CGS-CIMB provides traders with multiple platforms for trading various financial markets. Traders also have access to a selection of trading tools & educational materials.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

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