Phillip Investment Account – Margin (M)

Those who wish to open a Phillip Investment Margin Account must be above the age of 21 years old and must not be blacklisted or found to be delinquent by the Singapore Exchange (SGX) or other securities firms.
No. You would have to transfer the shares into your margin account before you can sell them.
No. You would have to transfer the shares into your margin account before you can sell them.
You can transfer the shares by signing the relevant forms. Please contact your trading representative for a copy of the form.
It will take around two working days for the shares to be transferred into your Margin Account.
Your margin account will be ready for trading within five working days from the day we receive your application, if it is approved.
The time it takes to open an account from overseas depends on the postage time required to send the forms to you and for you to return the completed forms back to us. Once the account is opened, we will send the Internet password via mail to you. The whole account opening process may take approximately two weeks or more.
Yes. Custodian account can be converted into a Phillip Investment Margin Account by signing the relevant forms. Please contact your trading representative for a copy of the form.
Please refer to Investment Margin Account Infosheet.
  1. You need to be 21 years and above to open an account with us.
  2. Your account opening documents need to be certified by a public notary, commissioner of oaths, or judicial officer.
  3. You are not blacklisted with the Singapore Exchange (SGX) or with any other securities firm nor have any delinquent account with any other securities firms.
To request for a higher credit limit, the customer is required to contact his/her Trading Representative. The Trading Representative will submit a request to the company for review. This generally takes 3-5 working days for processing. Requests for a substantially higher limit may take longer for review. Upon approval of the new credit limit, the customer will receive a notification from the company.
Please take note that there will not be any automated currency conversion for trade settlement in the trading account. Customers are required to take the necessary steps to either transfer money into the trading account or submit a currency conversion request to avoid being charged debit interest. Please refer to the Margin Financing Account Information Sheet for more details.