To apply for a Trading account, you will need to fill up the necessary application forms with Phillip Securities Pte Ltd (PSPL). Application can be done Online or at any of our branches. Please read the follow instructions before proceeding with the application
process.
Important account Opening matters
- All applicants must be 18 years old and above.
- For joint account application both applicant must fill up the account application form. For more
information, you may visit any of our branches (Click here for locations) or call our hotline at 6531
1555 for more details.
- If you wish to invest using CPF or SRS, please furnish us with the bank name and investment
account number at the point of application.
- The follow documents must be enclosed or brought to our branches during the account opening
process.
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Citizenship
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Documents
Required
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Singapore
Citizens
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Identity Card (Pink)
For Salaried Employees/Commissioned or Variable Income Earners
- Latest computerized payslip OR
- Latest 12 months CPF Contribution History Statement
For Self Employed
- Latest Income Tax Notice of Assessment IR8A
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Singapore
PR
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Identity Card (Blue)
For Salaried Employees/Commissioned or Variable Income Earners
- Latest computerized payslip
- Latest 12 months CPF Contribution History Statement
For Self Employed
- Latest Income Tax Notice of Assessment IR8A
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Malaysian
Citizens
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-
Malaysia Identity Card - MyKad
- Latest bank statement
- Deposit of S$5,000 is required
(Deposit only by Cheque or Cashier Order. For deposit in USD, only
Cheque drawn from a Singapore Bank is accepted)
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Foreigners
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-
Passport (with at least 6 months validity)
- Latest bank statement
- Deposit of S$5,000 is required
(Deposit only by Cheque or Cashier Order. For deposit in USD, only
Cheque drawn from a Singapore Bank is accepted)
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Students
/ NSFs
(Singaporeans/PR
only)
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-
Identity Card
- Deposit of S$1,000 is required
(Deposit only by Cheque or Cashier Order. For deposit in USD, only
Cheque drawn from a Singapore Bank is accepted)
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Online application (For Individual Trading account Only)
After you submit the application online, we will mail the forms to
you. If you already have a CDP account, you may complete the forms we
mail you and mail it back to us. Alternatively you can chose to visit
any of the Phillip Investor Centre to complete the application forms.
For verification purpose, we will require you to enclose one of the
following three documents.
• Original / Photocopy of Bank Statement (We do not accept passbook)
• Original / Photocopy of CPF Statement of Accounts
• Original / Photocopy of IR8A Notice of Assessment
Please note that the above documents must be dated less
than six months from current date.
If you do not have a CDP account, we require you to bring the forms we
mail you to our investor centers personally for face-to-face
verification.
Attention:
For applicant without CDP account, please do not submit the application forms by mail. Do visit any of our Phillip Investor Centre (Click
here) to complete the account opening process. Application for a CDP account requires the client to sign the form in the presence of a PSPL's authorized officer at our Phillip Investor
Centre.
Click here
for Online application
Application of trading account at Phillip Investor Centre
You may also visit any of our Phillip Investor Centre to open a
trading account. Click
here
to find out the locations and operation hours of each branch. Please
click
here to find out the list of required
documents.
For applicant residing outside Singapore
For applicant residing outside Singapore, in accordance with SGX-ST
Rules, we require the application forms to be witnessed by a Notary
Public or Commissioner of Oaths. Please also submit a photocopy of the
valid passports (with at least 6 months validity), a declaration by
the concerned Notary Public or Commissioner of Oaths as well as the
mentioned deposit.
Note:
All trading accounts application submitted are subject to various checking. Phillip Securities Pte Ltd reserves the right to perform additional verification or request for additional documents for the purpose of due diligence. Account will only be activated after approval of your application.
Increase of Trading Limit
Client can request for an increase in trading limit by submitting the following documents to any Phillip Investor Centre or directly to your Dealer by fax or email.
• Latest bank account statements
• Latest Income Document (Payslip or IR8A Notice of Assessment)
• Latest CDP monthly or quarterly statements
Do note that documents submitted are subject to credit assessment review. Therefore please contact your respective Dealers subsequently to check on the status of the trading limit increase request.
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