Wikilix
Licence record

ICDX licence N/A

Holder
CGS International
Jurisdiction
Indonesia
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by Indonesia Commodity and Derivatives Exchange. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Indonesia Commodity and Derivatives Exchange N/A

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Indonesia Commodity and Derivatives Exchange
Holder
CGS International Securities Pte. Ltd.
Jurisdiction
Indonesia
Licence type
Retail Forex License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/indonesia-commodity-and-derivatives-exchange/cgs-international/n-aFields on file 2 / 11

Open CGS InternationalAbout ICDX
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
Indonesia
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
N/A
Licence type (Wikilix classification)
Retail Forex License
The authority

About ICDX

Indonesia Commodity and Derivatives Exchange is the authority that issued this licence, and the jurisdiction it applies in is Indonesia.

Full name
Indonesia Commodity and Derivatives Exchange
Jurisdiction
Indonesia
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1977
Oversight
A government or statutory body
Firms we track under it
17 firms
Licences it issues
Exchange venue, not a licensing authority; membership restricted to Indonesian FCMs.
Typical cost of a licence
Not specified (domestic futures exchange membership).
Public register
No public register published
Transparency
Low

ICDX is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

ICDX's own rules for the firms it authorises.

  • Compensation schemeIndonesia deposit insurance covers up to IDR 2 billion per depositor
  • Complaints routecomplaints via pengaduan.bappebti.go.id
  • Maximum leverage1:100 (domestic GOFX products)
This describes the authority's regime, not how CGS International applies it.
The holder

Who holds this licence

The licence above is recorded against CGS International. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
CGS International Securities Pte. Ltd.
Based in
Singapore
Wikilix score
50.8the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • CGS INTERNATIONAL SECURITIES SINGAPORE PTE. LTD.Singapore · Reg. 198701621D · Sep 13, 2018
  • CGS CIMB Securities (Thailand) Co., Ltd.Thailand · Reg. 0105542081800 · Aug 17, 2019
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences CGS International holds

2 other licences are on record for CGS International.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
CGS International offers trading in forex, stocks, funds, options, derivatives, and futures. These instruments are regulated under the Monetary Authority of Singapore and other local Indonesian authorities for specific markets.
CGS International primarily serves clients in Singapore, Asia, and some global clients but prohibits residents from the USA, North Korea, Iran, and other sanctioned countries from trading. The Indonesian licenses cover domestic residents only and are not suitable for offshore CFD brokerage.
Clients can reach CGS International via phone at +65 6225 1228 or email at clientservices.sg@cgsi.com. Live chat support is available during business hours, and the broker maintains active social media profiles on Facebook, LinkedIn, Instagram, and YouTube.
According to WIKILIX data, CGS International offers a maximum leverage of 1:20, which may vary by product. This leverage level is regulated under the Monetary Authority of Singapore's guidelines.
CGS International accepts deposits via bank transfer, PayNow (for Singapore clients), and cheque. The minimum deposit amount is approximately SGD 10,000, with bank transfers requiring cleared funds before trading. PayNow deposits have no fixed minimum and are free of charge.
CGS International Securities Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS) under a Capital Markets Services Licence. It is also licensed in Indonesia by BAPPEBTI and ICDX for domestic commodity and futures trading. These licenses ensure compliance with local regulations and investor protection standards.
Licence N/A was issued by Indonesia Commodity and Derivatives Exchange (ICDX), the financial authority for Indonesia.
CGS International holds this ICDX licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the ICDX register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates ICDX tier 3. Supervision is lighter-touch and client protections vary.
Yes, ICDX is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
CGS International has 2 other licences on record with Wikilix, across 2 jurisdictions. They are listed further down this page.
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