Low cost trading with Cash Plus Account

The New Account for Low Cost Trading

Brokerage rate is determined based on the previous day end’s Total Asset Value in the Account.

  • Starter
  • Premier
  • Privilege

Asset Value



SGD250,000 and above


0.08%, min SGD8

United States


Hong Kong

0.08%, min HKD50


0.08%, min CNH50


0.12%, min AUD15

United Kingdom

0.12%, min GBP10


0.12%, min EUR8


0.12%, min JPY1000


0.12%, min MYR30


0.12%, min THB300


0.12%, min IDR150,000


0.12%, min TRY50

Other Markets

As published

Other Fees & Charges

Maintenance Fee


Foreign Shares
Custody Charges


Handling Fee


Why Cash Plus Account?

Multi-currency facility: Settle trades with 10 different currencies – SGD, USD, HKD, AUD, MYR, JPY, GBP, EUR, CNY, CAD

Lower brokerage rates based on the Account’s asset value

Financing available in 9 Currencies – SGD, USD, HKD, JPY, AUD, GBP, EUR, CNY & CAD

Manage your idle cash into money market fund. SGD 1.3451% p.a.
USD 1.9809% p.a.

* Investment returns on your idle funds with SMART Park. Rates updated as of 06 January 2020, based on 1-year rolling return, NAV/NAV prices. Past performance is not necessarily indicative of future performance. For more info, click here

Complimentary live prices4 for US, Japan, Thailand, Malaysia, & Indonesia

Waiver of Account Maintenance Fee1 and Foreign Shares Custody Charges2. No inactivity and platform fees.

Frequently Asked Questions

The brokerage rates are determined based on the previous end of day’s settled Total Asset Value (AUC) held in your Account in custody with Phillip Securities Pte Ltd (PSPL). Total Asset Value means the market value of the assets (stocks, ETFs, bonds, money market funds in Excess Funds Management Facility) and any credit balance in your Account. If your Account has a debit balance, it will not be deducted from the Total Asset Value.

Custody fees consists of Account Maintenance Fee and Foreign Share Custody Charges that are deducted on January, April, July and October. Waiver criteria are:

  • 3 months average Total Asset Value is more than 250,000 or
  • At least 1 trade per quarter (Account Maintenance Fee) or 6 trades or minimum S$132 brokerage per quarter (Foreign Share Custody Charges)

Enjoy custody fees waiver if you have a Total Asset Value of equal or more than SGD250,000 in your account!

Yes, you can. However, shares settled with your CPF or SRS monies will not be included in the computation of your Total Asset Value.

Unit trusts are not included in Total Asset Value except for money market funds in Excess Funds Management Facility.

In the event of a corporate action, only the value of remaining shares and cash in your Account will be included in the Total Asset Value for determining your brokerage rate.

All custody accounts, namely Prepaid (CC) Account, Custodian (C) Account, Margin (M) Account are eligible for conversion. There is a limit to the number of time you can do the account conversion.

Please understand the Account features before emailing the conversion form to your trading representative. Alternatively, you can email it to talktophillip@phillip.com.sg

Terms and Conditions:

  1. Waiver condition is at least 1 trade per quarter for the Account. Otherwise, S$16.05 per quarter is chargeable based on March, June, September and December month-end Account balance.
  2. Waiver condition is 2 trades per month or 6 trades per quarter or minimum S$132 brokerage per quarter. Otherwise. S$2.14 per counter per month (subject to max S$1 60.50 per quarter) is chargeable.
  3. Cash dividend handling fee is 1% on net dividend subject to minimum S$1.07 capped at S$53.50 + foreign fees and taxes (if applicable).
  4. Only non-professionals are eligible for the complimentary live price subscription. For more detail, please visit