CGS-CIMB is an online retail trading broker that is based in Singapore and reputed for being one of the leading integrated financial services providers in Asia. They have a client base of over 2,600 institutional clients and 400,000 retail clients from across the globe. There are multiple trading instruments available to CGS-CIMB’s clients, and they include forex, equities, bonds, stocks, ETFs, and CFDs. Traders are provided with a range of award-winning trading platforms, as well as useful trading and learning tools. There are multiple trading account options with a required minimum deposit of $25.
CGS-CIMB Review Introduction
In this CGS-CIMB review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
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CGS-CIMB Platforms & Tools
The broker offers the following platforms for trading the available financial instruments:
- MetaTrader 4: This is an advanced trading platform that was developed in 2005 and has since grown into a widely used trading platform owing to its ease of use and advanced trading capabilities. The platform is built with a range of useful trading tools, such as charts, indicators, scripts, expert advisors, and more. Traders can access the platform via desktop applications for Windows and Mac computers, web terminals, and mobile apps for Android and iOS devices.
- iTrade: This is an advanced trading platform that is built with top-notch technological expertise to enable its users to trade equities at any time and from anywhere in the world once the equity markets are open. The platform features real-time streaming prices, technical analysis, charts, and more.
- Viewpoint: This is a web-based trading platform that is designed with an easy-to-use interface to suit all levels of traders. The platform is fully customisable and is built with a comprehensive library of widgets, market data, and more.
In an attempt to simplify the trading process, the broker offers various useful trading tools, including iScreener, iFilter, Stock Filter, Fundamental and Technical Analysis, and more.
CGS-CIMB Research & Education
The broker provides traders with different educational resources to help them in making knowledgeable trading decisions. They include news, market commentary, knowledge centre, and more.
CGS-CIMB Trading Accounts
The following trading account options are available at CGS-CIMB: Cash Trading Account, Cash Upfront Account, Margin Trading Account, and Securities Borrowing Account. Each of the accounts requires a minimum initial deposit of $25 and offers low variable spreads, leverage of up to 1:20, and commission fees of 0.27%.
CGS-CIMB Account Funding
Bank transfer is the only accepted payment method at CGS-CIMB.
CGS-CIMB Customer Service
The broker’s customer support team is available from Mondays to Fridays (8:30 am to 6:00 pm) to give quick responses to traders’ general, technical, and account-based inquiries. They can be contacted through telephone, email, and social media.
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.
CGS-CIMB Review Summary
Founded in 2005, CGS-CIMB is an online trading broker that offers various platforms for trading multiple financial assets online. They make available a selection of useful trading and learning tools and also provide a customer support team to aid traders. Traders can choose from a variety of different trading account types with a minimum deposit of $25.
It is worth mentioning that some of the trading products and services in this CGS-CIMB review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the CGS-CIMB broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.