CGS CIMB

Overview of CGS International Securities Pte. Ltd. (CGSI)

Located in Singapore, CGS International Securities Pte. Ltd. (CGSI) provides traders with a wide range of financial instruments, including stocks, bonds, forex, CFDs, ELNs, DLCs, and Futures. Offering various account types such as CTA, MTA, and SBL, CGSI ensures personalized trading experiences. Enhanced by user-friendly platforms like iTrade and Viewpoint, traders benefit from smooth transactions. Nevertheless, the absence of regulatory oversight highlights the importance of careful risk management. Traders are advised to exercise caution and adopt prudent risk management strategies.

Is CGS International Securities Pte. Ltd. (CGSI) Legit？

CGS International Securities Pte. Ltd. (CGSI) is not regulated. It's crucial to highlight that CGS International operates without any valid regulation, meaning it lacks oversight from established financial regulatory bodies. Traders must proceed with caution and acknowledge the risks associated with trading through an unregulated broker. With CGS International, there might be limited avenues for resolving disputes, potential concerns regarding fund safety and security, and a lack of transparency in the broker's operations. For a safer and more secure trading experience, it's recommended that traders thoroughly investigate a broker's regulatory status before engaging in any trading activities.

Pros and Cons

CGS International offers traders an extensive selection of tradable assets, providing ample opportunities to diversify their portfolios and explore various market segments. Moreover, the platform offers free access to essential trading tools, enhancing the trading experience without imposing additional costs. However, it's essential to exercise caution as CGS International operates without regulatory oversight, potentially exposing traders to heightened risks due to the lack of regulatory safeguards. Furthermore, the platform lacks comprehensive educational resources, which could hinder the learning process for novice traders seeking to improve their skills and understanding of the market. Additionally, there's ambiguity surrounding information on spreads and leverage, which may pose challenges for traders in making informed decisions.

Trading Instruments

At CGS International, clients gain access to a diverse array of market instruments tailored to their investment needs.

The platform offers trading in stocks and shares across 33 exchanges, with direct access to prominent exchanges such as SGX, Bursa, HKEX, Nasdaq, NYSE, AMEX, SET, and IDX through CGS iTrade.

Bond options include treasury bonds, corporate and government bonds, as well as investment-grade and high-yield bonds.

In the forex market, traders can engage in trading 30 currency pairs and synthetic crosses, covering major currencies like AUD, CAD, CHF, EUR, GBP, NZD, SGD, USD, and more.

With Contracts for Difference (CFDs), CGS CFD offers up to 10x leverage on Single Stock CFDs, requiring a low initial margin investment.

The platform also offers equity-linked notes (ELNs), catering to investors with a bullish outlook by offering opportunities to buy shares of selected companies at a discount to market price or enjoy enhanced returns compared to direct stock investments.

Additionally, Daily Leverage Certificates (DLCs) are available, structured financial instruments traded on the securities market, along with ETFs like CGS Fullgoal Vietnam 30 Sector Cap ETF and CGS Fullgoal CSI1000 ETF.

Lastly, the platform facilitates trading in futures, providing standardized, exchange-traded contracts for commodities, bonds, currencies, and financial indices, enabling traders to hedge or speculate on future price movements.

Account Types

CGS International offers a range of stock trading account options to accommodate various investor preferences and strategies:

1. Cash Trading Accounts (CTA): Designed for individuals or joint owners who prefer straightforward cash-based trading. Clients' securities are held at the Central Depository P/L (CDP).

• Individual / Joint Account

• Young Investor Account: Tailored for applicants aged between 18 and 21 years old, providing a platform to start their investment journey with ease.

• Corporate Account

1. Margin Trading Accounts (MTA):

• Offering increased buying power and financial flexibility, MTA grants clients a credit facility of up to 3.5 times their capital. This allows them to invest in securities listed on prominent exchanges such as SGX, BURSA, HKEX, AMEX, NASDAQ, and NYSE.

1. Securities Borrowing & Lending (SBL):

• Ideal for clients interested in hedging or arbitraging activities to potentially enhance returns. This account type enables clients to borrow securities to cover short positions, providing them with the opportunity to execute diverse trading strategies.

Trading Platforms

CGS International Securities offers two trading platforms designed to meet the diverse needs of traders: iTrade and Viewpoint.

iTrade, the flagship online trading platform of CGS International Securities, is renowned for its speed, convenience, seamlessness, and customizability. Equipped with comprehensive trading tools, iTrade empowers clients to make informed decisions on their trades. The platform provides real-time streaming prices and market news from prominent exchanges in Singapore, Malaysia, the US, and Hong Kong. Clients have access to the latest information on all companies listed on eight exchanges, including SGX, BURSA, HKEX, SET, IDX, NASDAQ, AMEX, and NYSE. iTrade also offers fundamental reports, technical charting, analysis tools, and more to enhance the trading experience.

Viewpoint, on the other hand, is designed to provide clients with everything they need to trade globally with real-time risk control and transparency, optimizing trading efficiency at a competitive cost. This intuitive and easy-to-use market data and trading platform offers a highly customizable user interface and a comprehensive library of widgets. With Viewpoint, clients can log in from the latest versions of any major web browser without requiring any plug-ins, ensuring seamless access to trading tools and information.

Trading Tools

CGS International provides a suite of trading tools integrated into its platform to empower clients in making well-informed trading decisions.

Firstly, iScreener, seamlessly integrated into CGS iTrade, offers clients insights into stocks based on fundamental, technical, and risk aspects. Through its research dashboard, iScreener assigns a 4-star rating to signify the potential upside of the stock and evaluates current risk expectations. Covering over 6,000 stocks across 17 exchanges worldwide, iScreener supports both English and Chinese languages, ensuring accessibility for a diverse clientele.

Secondly, iFilter delivers real-time alerts on Big Block Trades, enabling clients to monitor significant fund movements in the stock market. Driven by near real-time data, iFilter filters out market noise and provides insights into market movements' general direction. Moreover, it promptly notifies clients of new trading opportunities arising from stocks with substantial market movements.

Finally, the Stock Filter is another invaluable tool designed to expedite the process of discovering potential trading opportunities. By screening stocks across 12 markets based on specific search criteria, it offers 13 predefined strategies to filter for preferred stocks. Advanced search filters further cater to clients' preferences, facilitating the identification of potential trading opportunities tailored to their individual needs.

Customer Support

For general inquiries and assistance during regular business hours (8:30 am to 5:30 pm SGT, Monday to Friday), clients can reach out via email at clientservices.sg@cgsi.com. Additionally, they can contact the customer support team by phone at 1800 538 9889 or +65 6538 9889.

In case clients require assistance outside of regular business hours, particularly for trading-related matters, the Central Dealing Desk is available from 9:30 pm to 4:00 am SGT. Clients can reach the Central Dealing Desk by phone at +65 6232 5888.

Conclusion

In conclusion, CGS International offers traders a diverse array of trading instruments, providing ample opportunities to diversify their portfolios and explore various market segments. Moreover, the platform offers free access to essential trading tools, enhancing the trading experience without imposing additional costs. However, it's essential to exercise caution as CGS International operates without regulatory oversight, potentially exposing traders to heightened risks due to the lack of regulatory safeguards. Furthermore, the platform lacks comprehensive educational resources, which could hinder the learning process for novice traders seeking to improve their skills and understanding of the market. Additionally, there's ambiguity surrounding information on spreads and leverage, which may pose challenges for traders in making informed decisions.

FAQs

Q: Is CGS International regulated？

A: No, CGS International operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What trading instruments are available at CGS International？

A: CGS International offers a range of trading instruments, including stocks and shares, bonds, forex, Contracts for Difference (CFD), equity-linked notes (ELN), Daily Leverage Certificates (DLCs), and Futures.

Q: What account types does CGS International offer？

A: CGS International provides various account types, including Cash trading accounts (CTA), Margin trading accounts (MTA), and Securities borrowing & lending (SBL), catering to different trading preferences and experience levels.

Q: How can I contact CGS International's customer support？

A: You can reach CGS International's customer support primarily via email at clientservices.sg@cgsi.com. Additionally, you can contact the customer support team by phone at 1800 538 9889 or +65 6538 9889.

Risk Warning

Trading online carries inherent risks, and there's a possibility of losing all invested capital, making it unsuitable for every trader or investor. It's crucial to fully comprehend the associated risks and understand that the information presented in this review may evolve due to the continuous updates in the company's services and policies. Additionally, the review's generation date is significant, as information could have changed since then. Hence, it's advisable for readers to verify the latest information directly with the company before making any decisions or taking action. The reader assumes sole responsibility for utilizing the information provided in this review.