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Membership Categories

There are five categories of CIS membership. These are Student, Graduate, Associate, Honorary Fellow and Fellow.

Admission Policy

All members of the Chartered Institute of Stockbroker must abide by the Institute's Act Charter, Membership Rules and Regulation and the New Code of Eethics and Professional Conduct


Graduates are individual students who have successfully completed our examinations or equivalent but have not satisfied the conditions for admission as associates into the full membership grade of the Institute.

While Graduates may participate in some activities of the Institute such as CPD/Seminar, they cannot not hold offices or vote in the Council election. Graduates are not entitled to use any designatory letter. To upgrade your status from Graduate member to Associate member, click here to download the Association membership form.

Associates (ACS)

Associates are the first level of full members who are authorised to use the designatory letter of ACS which stands for Associate of the Chartered Institute of Stockbrokers.

Associate membership is granted to individuals who have completed our examinations or equivalent and have at least three years relevant experience in the financial services industry, one of which must be after completing the examinations.

Honorary Fellows ( FCS(Hon.))

Individuals who, in the opinion of the Council of the Institute, have distinguished themselves and made immense contributions to the profession and the securities and investment industry may be awarded Honorary Fellowship status.

Fellows (FCS)

Fellowship status is our highest category of membership. Associates of at least five years standing may be elected as Fellows, subject to other requirements for Fellowship determined from time to time by the Council.


Application fees

Grdaute to Associate
Elevation to Fellow
Application to practice
Application for exemption from practice