Phillip Securities-Some important Details about This Broker

General Information

Phillip Securities Pte. Ltd. operates as a privately held stock brokerage firm. The Company provides financial services to it clients including margin financing, custodial services, options, research, fund management, databases, real-time worldwide quotes, futures, and commodities. This company is headquartered in Japan.

Products Offerings

At POEMS, traders or investors are able to access over 40,000 products from 26 markets worldwide, including Stocks, ETFs, CFDs, Forex, Gold, Futures, Unit Trusts, and Regular Savings Plans (RSPs), and more.

Accounts

Account mechanics are set up by POEMS including Cash Plus Account and Cash Management Account. With Cash Plus, you can trade on global markets at low brokerage rates. A stand-by margin facility of S$50,000 is available on this account if you wish to leverage your cash balance and/or investment products.

A Cash Management (KC) Account is a trading account that allows you to consolidate all the money you want to invest in one place and track it via POEMS, providing greater convenience and control when managing your personal finances. Using this trading account, you can trade shares, unit trusts, bonds, and other financial products via POEMS Online, POEMS Mobile, as well as via your trading representative.

Fees

Cash Plus offers the lowest brokerage rates of as low as US$1.88 flat and 0.05% for minimum HK$15 trades with no platform fees. Cash Plus is suitable for new investors who wish to start investing as its brokerage rates are low. You may invest at your comfort risk level as the tiers start from Starter (S$0-29,999) to Premier (S$30,000-249,999) and Privilege (S$250,000 & above). Whats more, there are no foreign custody fees when you trade US and Hong Kong counters from now till 31 December 2021. Plus, you get to enjoy zero commissions (only applicable for the US market) for contract gross values of less than US$2,000.

Platforms Available

Various platforms available are tailored to investors trading and investment needs. Over 26 global exchanges are supported by POEMS' range of trading platforms, offering unparalleled access to more than 40,000 financial products. These platforms include POEMS 2.0, POEMS Mobile 2.0, POEMS Mobile 3, POEMS PRO, as well as specialized platforms.

Payment Options

You can pay for your trades with the payment methods below:

• PayNow / PayLah! / PayAnyone / GooglePay

• FAST (Fast And Secure Transfers)

• eNETS

• Electronic Payment for Shares (EPS)

• Internet Bill Payment

• Telegraphic Transfer

• Cheque

• CPF/SRS

• GIRO – Shares

• GIRO – Regular Savings Plan

• GIRO – Share Builders Plan

Transaction fees vary depending on different payment methods, for more detailed info, you can visit POEMS website.

Customer Support

You can contact this company by its Customer Service Hotlines: 65311555, Time: 8.45 am to 12.00 am, Monday to Friday, as well as email: talktophillip@phillip.com.sg. Besides, 24/7 online chat is also available.