CGS-CIMB vs NicoFX

CGS-CIMB vs NicoFX Comparison Table 2021
CGS-CIMB NicoFX
CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds. NicoFX facilitates trading in forex and precious metals under CySEC regulation.
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Awards
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
Bonus
None None
Instruments
Forex, CFDs, futures, mutual funds, securities, bonds Forex, Metals
Demo Account
Yes Yes
Minimum Deposit
100 SGD $100
Payment Methods
Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
MAS CySEC
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
Mobile Apps
Yes Yes
Auto Trading
Yes Yes (EAs)
Trade Signals
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
- -
CFD
Trade with leverage on online CFDs. CFD trading not offered
Leverage
1:20 1:30
FTSE Spread
1 N/A
GBPUSD Spread
0.84 From 0.9
Oil Spread
0.028 N/A
Stocks Spread
Variable N/A
Forex
Trade FX pairs with sub 1 pip spreads. Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
0.84 From 0.9
EURUSD Spread
0.36 From 0.9
EURGBP Spread
0.95 From 0.9
Assets
40+ 38