Buy Singapore Stocks at ZERO Brokerage
How? It's simple! Register for InvestSG now, and make sure you stay till the end of the forum where we will reveal details of this promotion. In the meantime, you'll need to have a CGS-CIMB Securities account, so if you don't have one, apply now. See you at InvestSG on Wednesday 18 November at 9am!
 
I'm living and working in Malaysia
Malaysia residents and long-term pass holders in Malaysia
 
 
 
I'm living and working in Singapore
Singapore residents and long-term pass holders in Singapore
 
 
FAQs
I'm applying for an account with CGS-CIMB Malaysia.

Fees

Amount

i) Clearing Fee

0.0325% on contract value

ii) Trading Levy

0.0075% on contract value

iii) Settlement Instruction (SI) Fee

SGD0.35 per contract

iv) Bank Charge (Buy order only)

MYR 10

v) Contract Stamp

0.1% or maximum RM200 (on contract value)

 

E.g., Adam buys 1,000 units of Company A stocks at the price of SGD1.00 per unit.

Total contract value: SGD1,000.00 (1,000 units x SGD1.000 per unit)
On top of the total contract value of SGD 1,000, Adam is required to pay:-

Fees associated

Amount (SGD)

Amount (MYR)

i) Brokerage Fee (Online rate)

28

84.85

ii) Clearing Fee

0.325

0.98

iii) Trading Levy

0.075

0.23

iv) Settlement Instruction (SI) Fee

0.35

1.06

v) Bank Charge (Buy order only)

3.30

10

vi) Contract Stamp

1.32

4

Total

33.37

101.12

* SGD/MYR are converted at 0.33SGD=1MYR, currency rate as at 2/11/2020.

Total amount to pay is SGD33.37 or MYR101.12 where the brokerage fee of SGD 28 or MYR 84.85 will be reimbursed in the following month.

The reimbursement will be calculated at every month end (except for brokerage paid in November 2020 which will be brought forward to December), and the reimbursement amount will be credited into client trust account in the subsequent month within 30 calendar days, as illustrated in the table below.

Brokerage paid upfront by client in

Calculation of Reimbursement

Reimbursement to client trust account

Nov 2020

<31 Dec 2020

Within 30 days from 1 Jan 2021

Dec 2020

31 Dec 2020

Within 30 days from 1 Jan 2021

January 2021

31 Jan 2021

Within 30 days from 1 Feb 2021

February 2021

28 Feb2021

Within 30 days from 1 Mar 2021

(Note: the reimbursement amount to client will be paid in MYR)

No, only those who have registered their interest to open account through InvestSG’s promotion page during registration period (from 1 November to 18 November 2020) and have submitted the account opening application form not later than 30 November 2020 are eligible to enjoy the promotion.

 
 
 
I'm applying for account with CGS-CIMB Singapore.

Clearing fee (0.0325% on contract value)
SGX trading fee (0.0075% on contract value)
SGX settlement instruction fee (SGD 0.35 per contract or equivalent in foreign currency will be levied per contract)
GST (7% on brokerage payable, clearing fee, SGX trading fee, SGX settlement instruction fee).

Here's an example: Leonard buys 1,000 units of Company A stocks at the price of SGD1.00 per unit.

Total contract value: SGD1,000.00 (1,000 units x SGD1.000 per unit)

On top of the total contract value of SGD 1,000.00, Leonard is required to pay:

1. Brokerage fee: SGD25.00 (The rebate will be calculated at the end of the month for BUY orders  only) | *Brokerage fee is 0.275% or minimum SGD25.00 whichever is higher.
2. Clearing fee: SGD 0.33 | 0.0325%
3. SGX trading fee: SGD 0.08 | 0.0075%
4. SGX settlement instruction fee: SGD 0.35
5. GST: SGD 1.80 | 7%

Total amount paid: SGD 27.56 where Leonard will be given a rebate of SGD25.00 for the brokerage fee paid upfront in the following month.

View here for more details.

Australia, China (Shanghai & Shenzhen), Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Thailand, United Kingdom, and United States (AMEX, NASDAQ, NYSE).

View here for more details.

Australia, China, India, Indonesia, Korea, Malaysia, Singapore, Taiwan, Thailand, United States, and Vietnam.

Terms & Conditions

Malaysia: View PDF

Singapore:

  1. This promotion (the “Promotion”) is valid and commences from 19 November 2020 to 28 February 2021 (both dates inclusive) (the “Promotion Period”).
  2. The Promotion is applicable to clients that register, at any time from 1 November 2020 to 18 November 2020, for the InvestSG event (to be held on 18 November 2020) and open a new Cash Trading Account with CGS-CIMB Securities (Singapore) Pte. Ltd. (“CGS-CIMB”) during that time.
  3. Eligible clients will receive a 100% brokerage rebate (“the Rebate”) on gross brokerage fee paid to CGS-CIMB for any BUY orders executed on stocks listed on the Singapore Exchange only. For 
    the avoidance of doubt and save as specified above, all other usual fees including but not limited to clearing fees, SGX trading and settlement fees, and GST shall continue to be borne by the client.
  4. The Rebate to be received by the client will be calculated based on the gross brokerage fee of all BUY orders made by the respective client on SGX-listed stocks only and will be rounded up to the nearest cent.
  5. BUY orders executed on any other exchanges or with CPF or SRS funds shall not qualify for the Rebate.
  6. Save and except for the Rebate for the month of November 2020, which shall be calculated at the end of December 2020, all other Rebates will be calculated at the end of a given month during the Promotion Period (e.g., 31 December 2020, 31 January 2021, and 28 February 2021 respectively) and will be credited into the client’s trust account by the 10th Business Day of the following month, on the condition that CGS-CIMB deems the account to be in proper order, not delinquent or suspended. E.g., if the end of month Rebate calculation is performed on 31 December 2020, the Rebate shall be credited on the 10th Business Day of January 2021. CGS-CIMB shall not be responsible for any delays in crediting the Rebate to the client nor shall it be liable to compensate the client in respect of any such delays. “Business Day” means any day (other than a Saturday or a Sunday or gazette public holiday) on which CGS-CIMB is open for business.
  7. Clients must open a trust account with CGS-CIMB for the purposes of this Promotion. CGS-CIMB shall be entitled to forfeit any Rebate in the event that the Cash Trading Account or trust account is closed at any time during the Promotion Period.
  8. CGS-CIMB’s employees, representatives and agents are not eligible for this Promotion.
  9. The Promotion applies only to clients paying standard brokerage fees and clients who qualify and avail themselves of this Promotion are not eligible to participate in any other promotions of CGS-CIMB.
  10. CGS-CIMB, its affiliates, its and their respective employees, directors, officers, representatives and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this Promotion.
  11. The decision of CGS-CIMB on all matters relating to or arising from the Promotion (including the eligibility of any trade or person to participate in this Promotion) is absolute, final and binding and no correspondence and/or requests to retract and/or to modify any such decisions shall be considered. In the event of any inconsistency between these terms and conditions and any marketing material relating to this Promotion, these terms and conditions shall prevail.
  12. CGS-CIMB reserves the right to amend, modify, terminate or suspend this Promotion for any reason and without any prior notice whatsoever.
  13. These terms and conditions are governed by and interpreted according to the laws of Singapore and the participants in this Promotion agree to submit to the exclusive jurisdiction of the courts of Singapore.
  14. CGS-CIMB reserves the right in its absolute discretion to terminate, vary, delete or add to any of the Promotion’s terms and conditions herein, at any time without prior notice and without having to disclose any reason therefore and without any payment or compensation whatsoever to you.
  15. The Promotion shall not be construed as an offer, recommendation or solicitation to buy or sell any securities. All clients are advised to make their own independent evaluation and to consult their professional advisers before undertaking any transaction.
  16. By participating in the Promotion, you are deemed to have read, understood and agree to be bound by the foregoing terms and conditions of the Promotion, CGS-CIMB’s General Terms and Conditions, and the terms and conditions of any other agreement(s) that you may have entered into with CGS-CIMB.
 
Disclaimers
Malaysia & Singapore: This document does not constitute an offer or solicitation to buy or sell any security or instrument, or an invitation, or a recommendation to enter into any transaction. All capital market products contain risks and may not be suitable for everyone. Please refer to the Risk Disclosure in the General Terms and Conditions of CGS-CIMB Securities (Singapore) Pte. Ltd. (Co. Reg 198701621D) and CGS-CIMB Securities Sdn. Bhd. (Co. Reg 197901004504 (48703-W)) for more details.