CGS International Account Types

CGS International offers various types of trading accounts to cater to the diverse needs of clients. The account types include:

• Mini Account
• Initial Deposit: SGD 100
• Spread: From 0.3 pips
• Leverage: 5%
• Minimum Order Volume: 1,000 (0.01 lot)
• Maximum Order Volume: 50,000 (0.5 lot)
• Account Base Currency: SGD / USD
• Classic Account
• Initial Deposit: SGD 5,000
• Spread: From 0.7 pips
• Leverage: 5%
• Minimum Order Volume: 10,000 (0.1 lot)
• Maximum Order Volume: Unlimited
• Account Base Currency: SGD / USD
• Accredited Investor Account
• Initial Deposit: SGD 10,000
• Spread: From 0.7 pips
• Leverage: 2%
• Minimum Order Volume: 10,000 (0.1 lot)
• Maximum Order Volume: Unlimited
• Account Base Currency: SGD / USD

Note: For corporate clients, only the Classic account type is available.

CGS International Broker Account Opening Process

To open an account with CGS International, follow these steps:

• Eligibility Requirements:
• Must be at least 18 years old for individual accounts and 21 years old for Contract for Difference (CFD) trading accounts.
• Have a Central Depository (CDP) account if trading Singapore-listed stocks.
• Not be a citizen or permanent resident of the United States.
• Account Opening Steps:
• Visit the CGS International website and click on “Apply Online.”
• Select the type of account you wish to open (Individual, Joint, Corporate, or Accredited Investor).
• Fill out the application form with your details and upload required documents, including identification and proof of address.
• Submit the application and wait for the activation link sent via email.
• Once activated, fund your account through available methods such as bank transfer, cheque, or internet banking.

Note: The processing time for account activation is usually 2 to 3 working days.