According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- No
- MetaTrader4
- Web platform
- MetaTrader5
- the Securities and Exchange Commission of Thailand and the Ministry of Finance of Thailand
- 1986
Our Evaluation of CGS-CIMB Securities
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
CGS-CIMB Securities is a broker with higher-than-average risk and the TU Overall Score of 4.78 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by CGS-CIMB Securities clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Brief Look at CGS-CIMB Securities
CGS-CIMB Securities was rebranded into CGS International Securities (CGSI) in February 2024. It is a part of CGS International Holdings Limited established in 2000 in Hong Kong. This corporation is a part of China Galaxy Securities Company Limited with 9 representative offices throughout Asia. CGSI provides its services to over 400,000 retail investors and more than 2,600 institutional clients. The broker is a member of the Stock Exchange of Thailand (SET) and it offers direct access to stock exchanges of the U.S., Europe, and the Asia-Pacific region.
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Author, Financial Expert at Traders Union
CGS-CIMB Securities offers trading on MetaTrader 4, MetaTrader 5, and a web platform, with a variety of account types including Equity, Easy Wealth Builder, and Derivatives. The company provides access to global stock exchanges, Forex trading with a notable EUR/USD spread of 0.1 pips, and a low minimum deposit requirement. Additionally, the absence of deposit and withdrawal fees, combined with real-time trading features, offers favorable conditions for both individual and institutional clients.
Despite these advantages, CGS-CIMB Securities faces significant drawbacks such as complicated fee structures, limited trading instruments beyond Forex, and restricted deposit and withdrawal methods. Client reviews indicate concerns over service reliability and transparency. Therefore, while it may attract traders seeking competitive Forex spreads, it may not be suitable for those who require diverse asset offerings or robust client support. Overall, traders are advised to consider these factors when choosing CGS-CIMB Securities.
- You prioritize low commissions and low trading costs, as CGS-CIMB Securities offers competitive commissions, especially for retail investors using their Cash Upfront account. This means you can make more trades without worrying about high fees eating into your profits.
- You value a wide range of investment options as CGS-CIMB Securities gives you access to a diverse array of investment opportunities. Whether you're interested in stocks, bonds, ETFs, unit trusts, or structured products, they have you covered across various markets.
- You appreciate research and educational resources as for investors seeking valuable insights and knowledge to inform their decisions. CGS-CIMB Securities provides extensive research reports, market analysis, and educational materials. This support empowers you to make informed investment choices and navigate the markets with confidence.
- You prioritize US stock ownership. While they do offer some exposure to US stocks, the main focus of this broker lies in Asian markets. Consider a broker specializing in US markets for a more tailored approach to investing in American companies.
CGS-CIMB Securities Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. CGS-CIMB Securities Ltd and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | Web-platform for trading securities, MetaTrader 5, and MetaTrader 4 (outside Thailand) |
|---|---|
| 📊 Accounts: | Equity (Cash Balance Account, Cash Account, and Credit Balance Account), Easy Wealth Builder, Cross Border Trading, Derivatives, Stock-MT5, and MT4-TFEX (Real and Demo) |
| 💰 Account currency: | THB, MYR, IDR, and SGD |
| 💵 Deposit / Withdrawal: | Bank transfers and transfers of assets from other brokers |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 EUR/USD spread: | 0,1 pips |
| 🔧 Instruments: | Stocks, bonds, debt securities, mutual funds, derivatives (futures and options), and Forex |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | No |
| ⭐ Trading features: | Minimum fees are charged on every trade on the stock exchange |
| 🎁 Contests and bonuses: | No |
CGSI (CGS-CIMB Securities) offers real-time access to over 20 global stock exchanges and offline trading on the Vietnam stock exchange. Fees for trading U.S. securities are $0.02 per share but not less than $12 per position. Fees for trading on other markets are 0.2% of the trade amount. The minimum fee depends on the instrument currency. Thai residents can use MT5 to trade CFDs on stocks. MT4 is offered by the Singapore office, but residents of other countries can only open a demo account. Deposits and withdrawals are made within 2-3 business days.
CGS-CIMB Securities Key Parameters Evaluation
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Regulation and safety
CGS-CIMB Securities has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Track record over 39 years
- No negative balance protection
CGS-CIMB Securities Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 MAS |
Monetary Authority of Singapore | Singapore | No specific fund | Tier-1 |
CGS-CIMB Securities Security Factors
| Foundation date | 1986 |
| Negative balance protection | No |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker CGS-CIMB Securities have been analyzed and rated as Low with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of CGS-CIMB Securities with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, CGS-CIMB Securities’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
CGS-CIMB Securities Standard spreads
| CGS-CIMB Securities | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,2 | 0,5 | 0,1 |
| EUR/USD max, pips | 0,4 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,2 | 0,4 | 0,1 |
| GPB/USD max, pips | 0,5 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
CGS-CIMB Securities RAW/ECN spreads
| CGS-CIMB Securities | Pepperstone | OANDA | |
| Commission ($ per lot) | 5 | 3 | 3,5 |
| EUR/USD avg spread | 0,1 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,1 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with CGS-CIMB Securities. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
CGS-CIMB Securities Non-Trading Fees
| CGS-CIMB Securities | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Deposit and withdrawal
CGS-CIMB Securities received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
CGS-CIMB Securities offers limited payment options and accessibility, which may impact its competitiveness.
- Low minimum withdrawal requirement
- Bank wire transfers available
- Minimum deposit below industry average
- No withdrawal fee
- PayPal not supported
- BTC not available as a base account currency
- Only major base currencies available
What are CGS-CIMB Securities deposit and withdrawal options?
CGS-CIMB Securities offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making CGS-CIMB Securities less competitive for those seeking diverse payment options.
CGS-CIMB Securities Deposit and Withdrawal Methods vs Competitors
| CGS-CIMB Securities | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are CGS-CIMB Securities base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. CGS-CIMB Securities supports the following base account currencies:
What are CGS-CIMB Securities's minimum deposit and withdrawal amounts?
The minimum deposit on CGS-CIMB Securities is $100, while the minimum withdrawal amount is $1 MYR. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact CGS-CIMB Securities’s support team.
Markets and tradable assets
CGS-CIMB Securities offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 30 Forex pairs.
- Commodity futures are available
- ETFs investing
- Indices trading
- Small selection of currency pairs
- Copy trading not available
CGS-CIMB Securities Supported markets vs top competitors
We have compared the range of assets and markets supported by CGS-CIMB Securities with its competitors, making it easier for you to find the perfect fit.
| CGS-CIMB Securities | Plus500 | Pepperstone | |
| Currency pairs | 30 | 60 | 90 |
| Total tradable assets | 2800 | 1200 | |
| Stocks | Yes | Yes | Yes |
| Commodity futures | No | Yes | Yes |
| Crypto | No | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products CGS-CIMB Securities offers for beginner traders and investors who prefer not to engage in active trading.
| CGS-CIMB Securities | Plus500 | Pepperstone | |
| Bonds | Yes | No | No |
| ETFs | Yes | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Contacts
| Foundation date | 1986 |
|---|---|
| Registration address | 130-132 Sindhorn Tower 2, 2nd and 3rd floors, and Sindhorn Tower 3, 12th floor, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 |
| Regulation |
the Securities and Exchange Commission of Thailand and the Ministry of Finance of Thailand
Licence number: 0105542081800 |
| Official site | cgs-cimb.com |
| Contacts |
+66 2841 9000, +66 2761 9100, +66 2846 7800 (fax), 02-846-8689 (account opening)
|
Comparison of CGS-CIMB Securities with other Brokers
| CGS-CIMB Securities | Bybit | Eightcap | XM Group | Pocket Option | Kama Capital | |
| Trading platform |
MetaTrader5, MetaTrader4, Proprietary web platform | MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | Pocket Option, MT5, MT4 | MetaTrader5 |
| Min deposit | No | No | $100 | $5 | $5 | No |
| Leverage | No |
From 1:1 to 1:500 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:1000 |
From 1:1 to 1:400 |
| Trust management | Yes | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 0 points | From 0.8 points | From 1.2 point | From 0 points |
| Level of margin call / stop out |
No | No / 50% | 80% / 50% | 100% / 50% | 30% / 50% | 20% / No |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | No | No | Yes |
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