No Platform Fee, No US and HK Custody Fee

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

  • Starter
  • Premier
  • Lowest Rates Privilege

Asset Value



SGD 0 – SGD29,999

Promo Singapore

Promo United States

Promo Hong Kong


0.15%, min CNH 80


0.18%, min MYR 50


0.18%, min THB 500


0.18%, min IDR 250,000


0.18%, min JPY 1500


0.18%, min AUD 25

United Kingdom

0.18%, min GBP 20


0.18%, min EUR 20


0.18%, min TRY 80

Other Markets

As published

Other Fees & Charges

Maintenance Fee


Foreign Shares
Custody Charges


Handling Fee



Credit balance


Debit balance


For more details, please refer to the Cash Plus Account Infosheet
*Full Terms & Conditons Apply

Why Cash Plus Account?

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

No US and HK Custody Fee, No Platform Fee

Complimentary live prices6 for US, Thailand, Malaysia, & Indonesia

Manage your idle cash into money market fund.
*SGD 0.3025%% p.a., USD 0.2988% p.a.#SGD 0.1601% p.a., USD 0.0674% p.a.

Rates updated as of 15 Mar 2021 *Based on 1-year rolling return, NAV/NAV prices.
#Based on the average rate of annualised returns over the last rolling one month. Past performance is not necessarily indicative of future performance. View disclaimer

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

45 Years of being your trusted broker in Singapore, with presence in 15 countries

Our experienced technical and support teams are committed to ensure a seamless trading experience for you.

Received insights from our timely market research to make your trading decisions.

Start Small With Your Cash Plus Account

First in town – Recurring Plan for Dollars Cost Averaging

Recurring Plan gives you more control over your investments. It works similarly to the other plans, whereby it aims to manage market risk through the use of Dollar Cost Averaging. You gradually build your portfolio over a period of time with a fixed amount of regular investment that is determined by you, purchasing more units when the price is low and fewer units when price is high.


Frequently Asked Questions

Total Asset Value is calculated based on clients’ credit balance, value of shares and bonds in the Cash Plus Account.
Debit balance will not be deducted from the value of clients’ credit balance, value of shares and bonds to determine Total Asset Value.

1) When a client has S$150,000 in Shares in his Cash Plus Account and S$100,000 credit balance, he will be deemed to have a total asset value of S$250,000.
2) When a client has S$250,000 in credit balance in his Cash Plus Account, he will be deemed to have a total asset value of S$250,000.
3) When a client has S$250,000 in Shares in his Cash Plus Account and S$100,000 debit balance, he will be deemed to have a total asset value of S$250,000.

Custody fees consists of Account Maintenance Fee and Foreign Share Custody Charges that are deducted on January, April, July and October, based on three-month average Total Asset Value, prior to those deduction months.
For new account that does not have a full three-month average, daily average of Total Asset Value will be used starting from account opening date.
For converted account that does not have a full three-month average, daily average of Total Asset Value will be calculated starting from conversion date.

Dividend Handling Fee will be waived for Total Asset Value of SGD250,000 and above, based on the previous end of day’s settled Total Asset Value held in your Account in custody with Phillip Securities Pte Ltd (PSPL).

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 and Dividend Handling Fee (SGX).

Yes. The Cash Plus account will need to have sufficient Available Cash before you may place a buy trade. Please refer to Section 3(A) of the Cash Plus Account Information Sheet for more details.

Do note that shares settled with your CPF or SRS monies will not be included in the computation of your Total Asset Value.

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 times 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

Anyone who is 18 years old and above can open the Account.
However, margin facility will be made available upon request for customers above 21 years old.

Cash Plus Account is a custody type account. Barring CPF/SRS trades, all trades will need to be settled in the Cash Plus Account. Pursuant to settlement, if you wish, you may request to transfer out your shares to an external custodian, where applicable transfer out fees as stated will apply.

Terms and Conditions for Promotions

  1. Reduced Commission rates are applicable for all Cash Plus Accounts from 1 April 2021 to 31 December 2022. For standard rates, please refer to the Cash Plus Infosheet.
  2. This promotion is only applicable for ONLINE trades traded through POEMS suite of platforms on these exchanges: SGX, NYSE, NASDAQ and NYSE Amex (collectively “US Markets”), and the Hong Kong Stock Exchange (“HKEx”).
  3. Applicable for CPF and SRS funds for SGX.
  4. Only Customers who opt-in for Multi-Currency facility and Excess Funds Management facility will be eligible for this promotion.
  5. Customers are required to complete the US W8-Ben and acknowledge the Risk Warning Statement in order to trade in the US Markets.
  6. Transferring of Securities out of Cash Plus Accounts will be subject to S$64.20 handling fee per counter.
  7. The following persons are not eligible to participate in those promotions unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
    1. PSPL institutional Customers and corporate Customers
    2. PSPL account holders whose accounts have been suspended, cancelled or terminated
    3. All employees of PSPL and its associated entities; PSPL and all its subsidiaries
  8. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete any time of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
  9. By taking part in this promotion, Customer acknowledges that he/she has read and consented to these Terms & Conditions.

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. Waived for US and HK Foreign Custody fee until 31 December 2022. Please refer to Cash Plus Account Infosheet for charges thereafter.
  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. For more information, please refer to Cash Plus Account Infosheet. Alternatively, you may wish to opt-in for the Excess Funds Management facility to enjoy potentially greater returns on any surplus funds (credit balance) parked in your account.
  5. Interest on debit balance is applicable when you utilise the Margin facility. For more information, please refer to Cash Plus Account Infosheet.
  6. Only non-professionals are eligible for the complimentary live price subscription. For details, please visit