CGS-CIMB Review 2021

CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.

CGS-CIMB is broker that offers traders Forex, CFDs, futures, mutual funds, securities, bonds. CGS-CIMB allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, CGS-CIMB has Demo Accounts, Islamic Accounts and Auto Trading but is missing Social Trading and Signals.

CGS-CIMB is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

CGS-CIMB Summary

CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.

Ratings

30%
Trust
83%
Instruments
57%
Features
BonusNone
InstrumentsForex, CFDs, futures, mutual funds, securities, bonds
Demo Account
Min. Deposit100 SGD
Min. Trade0.01 lots
Regulated ByMAS
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Trade with leverage on online CFDs.

Leverage1:20
FTSE Spread1
GBPUSD Spread0.84
Oil Spread0.028
Stocks SpreadVariable

Forex Trading

Trade FX pairs with sub 1 pip spreads.

GBPUSD Spread0.84
EURUSD Spread0.36
EURGBP Spread0.95
Assets40+

Binary Options Trading

Payout Percent
Risk Warning – Your capital is at risk

FAQ

Is CGS-CIMB Safe?

In our review we gave CGS-CIMB a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that CGS-CIMB is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does CGS-CIMB Accept PayPal?

No, CGS-CIMB does not accept PayPal payments.

Is CGS-CIMB Halal?

Yes, CGS-CIMB does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does CGS-CIMB support?

CGS-CIMB only supports the MetaTrader 4 trading platform at this time.

Is CGS-CIMB Regulated?

Yes, CGS-CIMB is regulated by MAS.

The fact that CGS-CIMB is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.

CGS-CIMB vs Other Brokers

If you want to compare CGS-CIMB with other brokers, use the detailed comparisons below.

CGS-CIMB vs
CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.