Phillip Investment Account – Margin (M)

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 about 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.
This will depend on the postage time it takes to send the forms to you and for you to send the completed forms back to us. Furthermore, once the account is opened, we will send the Internet password via mail. Thus, the whole account opening process will take approximately two weeks or more.
Yes. Custodian account can be converted into a share margin financing 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, client needs to seek his Trading Representative’s assistance. The Trading Representative will submit a request to the company for review. Generally, review time may take 3-5 working days. Request for a substantially higher limit may take longer. Upon approval of the new credit limit, client will receive a notification from the company.
Anyone who is above the age of 21 years old.
Please take note that there will not be any auto currency conversion for trade settlement in the trading account, customers have to take the necessary steps to either transfer money into the trading account or perform a currency conversion to settle the trades. Please refer to the Margin Financing Account Information Sheet for more details.