OctaFX vs CGS-CIMB

OctaFX vs CGS-CIMB Comparison Table 2021
OctaFX CGS-CIMB
OctaFX offers multi-asset trading on a range of platforms and mobile solutions. CGS-CIMB is a Singapore-based trading broker offering futures, FX, CFDs & bonds.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
50% deposit bonus None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Forex, CFDs, futures, mutual funds, securities, bonds
Demo Account
Yes Yes
Minimum Deposit
$100 100 SGD
Payment Methods
Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
0.01 lots 0.01 lots
Regulator
CySEC MAS
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
Yes No
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes Yes
Account Currencies
- -
CFD
Trade on the financial markets with CFDs. Trade with leverage on online CFDs.
Leverage
1:30 (EU), 1:500 (Non-EU) 1:20
FTSE Spread
1.8 1
GBPUSD Spread
1.1 0.84
Oil Spread
1.1 0.028
Stocks Spread
Variable Variable
Forex
OctaFX offers leveraged trading on currencies. Trade FX pairs with sub 1 pip spreads.
GBPUSD Spread
1.1 0.84
EURUSD Spread
0.7 0.36
EURGBP Spread
2.1 0.95
Assets
28 40+
Cryptocurrency
Trade popular digital currencies at OctaFX. Crypto trading not offered
Spread
Variable
Coins
BTC, LTC, ETH