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CGS-CIMB broker Accounts

  

CGS CIMB Account Type

  CGS CIMB offers several types of trading accounts to cater to a variety of investor needs:

  • Mini Account
    • Minimum 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)
    • Base Currency: SGD or USD
    • Classic Account
      • Minimum Deposit: SGD 5,000
      • Spread: From 0.7 pips
      • Leverage: 5%
      • Minimum Order Volume: 10,000 (0.1 lot)
      • Maximum Order Volume: Unlimited
      • Base Currency: SGD or USD
      • Accredited Investor Account
        • Minimum Deposit: SGD 10,000
        • Spread: From 0.7 pips
        • Voice Order: 1 pip
        • Leverage: 2%
        • Minimum Order Volume: 10,000 (0.1 lot)
        • Maximum Order Volume: Unlimited
        • Base Currency: SGD or USD

          These accounts allow investors to trade various financial instruments including forex, commodities, stocks, and CFDs.

          

        CGS CIMB Broker Account Opening Process

          To open a trading account with CGS CIMB, follow these steps:

        • Eligibility Requirements:
          • You must be at least 18 years old to open a trading account.
          • For a Contracts for Difference (CFD) trading account, you need to be at least 21 years old.
          • A Central Depository (CDP) account is required if you wish to trade Singapore-listed shares.
          • Documentation Needed:
            • Identification documents (NRIC or passport).
            • Proof of residential address (utility bill or bank statement dated within the last three months).
            • Additional documents may be required depending on the account type.
            • Application Process:
              • Visit the CGS CIMB website and click on "Apply Online."
              • Fill in the application form with your personal details.
              • Upload the required documents.
              • Submit your application.
              • Account Activation:
                • You will receive an email once your account is ready for activation.
                • Follow the instructions in the email to set your preferred password and activate your account.
                • Once activated, you can fund your account and start trading.

                  For more detailed information, visit CGS CIMB.

CGS-CIMB accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
CGS-CIMB Account