CGS-CIMB.com is an online platform that provides investors with access to a wide range of securities and investment products. It is a subsidiary of CGS-CIMB Securities, one of the largest securities firms in Singapore. The website offers a variety of services, including online stock trading, research, and analysis. It also provides educational resources for investors, including market commentary, tutorials, and webinars. In this CGS-CIMB.com review, we will take a look at the company’s offerings, including its regulations, platforms, instruments, and ratings.
What is CGS-Cimb.com?
CGS-Cimb.com is an online broker that offers trading in forex, CFDs, and precious metals. The company is headquartered in Singapore and is regulated by the Monetary Authority of Singapore (MAS). CGS-Cimb.com offers the MetaTrader 4 and 5 platforms for trading. All clients funds are segregated and held with major banks. The company has won several awards including the “Best FX & CFD Broker” at the 2016 Global Brands Awards.
The Monetary Authority of Singapore (MAS) is the central bank and financial regulator of Singapore. The MAS has wide-ranging powers to regulate all financial firms, products and services in Singapore.
The MAS is also the sole regulator of the securities and futures markets in Singapore. The Securities and Futures Act (SFA) regulates the activities of persons dealing in, or advising on, securities and futures contracts.
The key objectives of the SFA are:
To protect investors by regulating the offer of securities and futures contracts;
To promote market integrity by preventing market manipulation, insider trading and other unfair practices; and
To develop fair, orderly and efficient markets.
In addition to the SFA, there are a number of other laws that regulate activities in the securities and futures markets, including:
The Companies Act – regulates public companies and their offer of shares to the public;
The Securities Industry Code of Conduct – sets out guidelines for professional conduct by intermediaries providing services to investors; and
The Financial Advisers Act – regulates financial advisers offering advice on investments.
Platforms and Instruments
CGS-CIMB.com is an online trading platform that offers a wide range of financial instruments for its clients to trade in. These include forex, CFDs, stocks, futures, and options. The platform is available in English and Chinese.
The company is based in Singapore and is regulated by the Monetary Authority of Singapore (MAS). It is also a member of the Singapore Exchange (SGX). CGS-CIMB.com offer its clients a variety of trading platforms to choose from, including the MetaTrader 4 (MT4) platform and the CGS-CIMB Trader platform.
Both these platforms offer a wide range of features and tools for traders to use. They also have mobile versions which can be downloaded from the App Store or Google Play Store. In terms of account types, CGS-CIMB.com offers three main types: Mini Accounts, Standard Accounts, and VIP Accounts.
CGS-Cimb.com Review – Regulations, Platforms, Instruments & Ratings
When it comes to online stockbrokerage firms in Malaysia, CGS-Cimb.com is one of the most popular choices. The company is a subsidiary of Bursa Malaysia Berhad, which is the largest stock exchange in the country. CGS-Cimb.com offers its clients a wide range of services such as equity trading, derivatives trading, unit trusts and IPOs. It also provides research reports and analysis tools to help its clients make informed investment decisions.
In terms of regulation, CGS-Cimb.com is licensed by the Securities Commission of Malaysia and is a member of Bursa Malaysia Berhad. In terms of platforms, CGS-Cimb.com offers its clients two main options: the CGS WebTrader platform and the MetaTrader 4 platform. Both platforms are user-friendly and offer a variety of features and tools to help traders make successful trades. In terms of instruments, CGS-Cimb.com offers a wide range of options including stocks, ETFs, forex, commodities and indices.
In terms of ratings, CGS-Cimb.com has been given a 4 out of 5 star rating by StockBrokers.com and a 3 out of 5 star rating by InvestingOnline101.com.
Fees and Charges
CGS-Cimb.com Review – Regulations, Platforms, Instruments & Ratings
When it comes to online brokers, one of the key considerations is the fees and charges that they will levy on your trades. In this CGS-Cimb.com review, we take a look at the various fees and charges that you need to be aware of when using this broker.
Regulatory Fees: CGS-Cimb.com is a licensed and regulated broker by the Securities Commission of Malaysia. As such, they are required to collect a 0.1% regulatory fee on all trades that are placed through their platform.
Platform Fees: In order to use the CGS-Cimb trading platforms, there is a monthly fee of RM10. However, if you make more than 10 trades per month, this platform fee will be waived.
Instrument Fees: When it comes to instrument fees, CGS-Cimb charges a very competitive rate of 0.2% for stocks listed on Bursa Malaysia. For other instruments such as forex, CFDs and futures, the fees start from as low as 0.03%.
Ratings Fees: Lastly, ratings fees are charged when you subscribe to any of the research or analyst reports that CGS-Cimb offers. These fees are typically around RM50 per report but can vary depending on the complexity of the report requested.
Customer service is the act of providing support to customers before, during, and after they purchase a product or service. It can include anything from answering customer questions to resolving customer complaints.
Good customer service is essential for any business that wants to retain and attract customers. In today’s digital age, it’s also important to provide excellent customer service online. This means being responsive to customer inquiries and complaints on social media and other online platforms.
CGS-Cimb.com is a website that provides information about various financial products and services. The website includes a section on customer service, which provides contact information for various customer service departments. The site also includes a FAQ section that answers common questions about the products and services offered by CGS-Cimb.com.
Overall, the customer service section of CGS-Cimb.com is comprehensive and informative. If you have any questions or concerns about the products or services offered by CGS-Cimb.com, you should be able to find the answer on the website or by contacting customer service.
Overall, CGS-Cimb is a reliable online trading platform that is regulated by multiple agencies. It offers a wide range of asset classes and investment instruments with competitive spreads. The customer support is excellent and the ratings from independent sources are very good.