CGS-CIMB vs Core Spreads

CGS-CIMB vs Core Spreads Comparison Table 2024
CGS-CIMB Core Spreads
Not Yet Rated
3.9

CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.

Core Spreads is an FCA-licensed broker offering CFD and spread betting opportunities on a proprietary platform or MetaTrader 4. Traders can access more than 1000 instruments, including company shares, commodities, indices and forex. Spread bets have fixed spreads that start from 0.4 with no commission, while CFDs start from 1 pip plus a $1.50 charge per lot.

Comment by Reviewer
"Core Spreads, now Trade Nation, will suit UK traders seeking a secure and reliable spread betting environment with good all-round service."
Pros
  • Reliable, FCA-regulated broker with FSCS protection and good customer service
  • Strong range of assets with 1000+ stocks and shares and 40 forex pairs
  • MT4 support plus proprietary platform for spread betting
  • Good spreads available on spread betting
  • Demo account on both platforms
  • Free deposits and withdrawals
  • No inactivity fee
Cons
  • CFD spreads and charges are more expensive than some competitors
  • Narrow range of CFDs
  • No MetaTrader 5 platform
Awards
  • Best Value Forex Broker 2017 - UK Forex Awards
Instruments
Forex, CFDs, futures, mutual funds, securities, bonds Spread betting, forex, commodities, indices, equities
Demo Account
Yes Yes
Minimum Deposit
100 SGD $0
Trading Platforms
  • MT4
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
MAS FCA
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes Yes (iOS & Android)
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes No
Commodities
CFD Trading
Trade with leverage on online CFDs. Core Spreads offers CFD trading on 40 forex pairs plus 13 commodities, including metals and energies, and 13 global stock indices including the UK100 and US30. CFDs are traded through the MT4 platform with leverage up to 1:30 in line with UK regulations.
Leverage
1:20 1:30
FTSE Spread
1 1.0
GBPUSD Spread
0.84 0.6
Oil Spread
0.028 3.5
Stocks Spread
Variable Variable
Forex Trading
Trade FX pairs with sub 1 pip spreads. Core Spreads offers trading on 34 forex pairs through spread betting and 40 currencies through CFDs, with both vehicles covering major and minor pairs. Spread betting spreads start from 0.6 for EUR/GBP; CFD spreads are variable and start from 1.2 pips on EUR/GBP.
GBPUSD Spread
0.84 1.2
EURUSD Spread
0.36 0.6
EURGBP Spread
0.95 1.2
Assets
40+ 40
More Comparisons
CGS-CIMB
vs
Core Spreads
vs