FAQ

1. What is the SBP Cash Back promotion?

The SBP Cash Back Promotion allows eligible customers to receive S$10 Cash Back for every S$200 fresh funds invested per month in any eligible counter for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.

2. What is the maxinmum Cash Back for each POEMS account?

The maximum Cash Back per SBP account is S$50.

3. How much Cash Back with every S$200 investment amount?

You will receive S$10 cashback after successfully completing the two consecutive months of subscription via GIRO and cap on S$50.

4. If I invest in Tencent HK SDR with S$800 per month for 2 consecutive months subscription, will I receive S$40 Cash Back?

Yes

Month	Investment counter	Monthly Investment Amount	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$800	Two consecutive months	S$10
May 2026	BYD HK SDR 10to1	S$800

*This example should not be considered as financial advice.

5. Am I eligible for the cashback if I subscribe to any eligible counters with a total of S$200 
(e.g., Counter A: S$100, Counter B: S$100) over two consecutive months via GIRO, even if I do not subscribe S$200 for each eligible counter per account?

Yes, you are eligible for the cashback because it is granted with every S$200 invested. Please refer to the example below

Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$100	Two consecutive months	S$10
	BYD HK SDR 10to1	S$100
May 2026	Tencent HK SDR 10to1	S$100
	BYD HK SDR 10to1	S$100

6. What are the eligible counters for this cashback promotion?

There are 18 eligible counters:

• Bank oThere are 18 eligible counters:f CN HK SDR 1to1
• Alibaba HK SDR 5to1
• BYD HK SDR 10to1
• HSBC HK SDR 5to1
• Tencent HK SDR 10to1
• MEITUAN HK SDR 5to1
• PING AN Insurance HK SDR 2to1 
• XIAOMI HK SDR 2to1
• JD HK SDR 10to1
• PETROCHINA HK SDR 1to2
• SMIC HK SDR 5to1
• CATL HK SDR 30to1
• Pop Mart HK SDR 20to1
• Laopu Gold HK SDR 50to1 
• Trip.com HK SDR 50to1
• Baidu HK SDR 10to1
• China Mobile HK SDR 5to1
• Zijin Gold HK SDR 10to1 

7. How do I get the maximum Cash Back of S$50? 

To receive the maximum cashback, you must subscribe to any eligible counter with an investment of S$1,000 per month for two consecutive months via GIRO.  

8. What happens if my GIRO deduction fails once during the two-month subscription period? 

You will not be eligible for the promotion. The investment must be continuous for two months via Giro. Any missed or delayed payments will result in disqualification. 

9. Can I change my investment to a different eligible counter during the promotion period?

Eg. I invest in Tencent HK SDR 10to1 with S$200 in the beginning and change to BYD HK SDR 10to1 subsequently? 
A: No, your investment will not qualify for the promotion. 

Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$1200	Two consecutive months	S$50
May 2026	Tencent HK SDR 10to1	S$1200

10. Can I change the investment amount for the eligible counter during the 2 consecutive months subscription? 

Yes, customers can increase and decrease their investment amount but if you reduce your investment during the two-month GIRO subscription period, you will not qualify for the promotion. (Refer to illustration A below)
The cashback is calculated based on your first month’s investment amount. For example, if you invest S$200 in the first month, then S$400 in the second month, your cashback will still be S$10. (Refer to illustration B below)

Illustration A

Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$400	Two consecutive months	S$0
May 2026	Tencent HK SDR 10to1	S$200

customers can decrease their investment amount but if you reduce your investment amount during the two-month GIRO subscription period, you will not qualify for the promotion. 

Illustration B

Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$200	Two consecutive months	S$10
May 2026	Tencent HK SDR 10to1	S$400

 customers can increase their investment amount. The cashback is based on your first month’s investment. For example, if you invest S$200 in the first month, then S$400 in the second month, your cashback will still be S$10. 

11. What is an example of 2 consecutive months subscription with GIRO? 

Month	Investment counter	Monthly Investment Amout
April 2026	Tencent HK SDR 10to1	S$200
May 2026	Tencent HK SDR 10to1	S$200

12. When can I receive the Cash Back? 

The Cashback will be credited to your SBP account ledger approximately 30 working days from the end of your consecutive 2-month subscription period with GIRO. 

13. If I apply for the SBP application during the promotion period but only submit the GIRO application after the promotion period, am I eligible? 

No. To qualify for this promotion, both the SBP online application and the GIRO application (apply by eGIRO) must be submitted within the promotion period and successfully processed/approved. The SBP online application and GIRO application must be completed within the promotion period to be eligible. 

14. Is GIRO the only payment method for this promotion? 

Yes

15. May I submit GIRO via paper form or e-GIRO to qualify for the promotion? 

To be eligible for this promotion, clients must submit e-GIRO. Paper GIRO (physical form) submissions are not accepted during the promotion period. 

16. If my SBP account was suspended in the past six months and re-activated during the promotion period, will my funds be considered as Fresh Funds? 

No

17. If my SBP account is terminated during the promotion period and I reapply during the promotion period, will I still be eligible for the promotion? 

No

18. Do I qualify for the promotion if I change my subscription to another eligible counter from an existing eligible counter? 

No, change of investment instructions between any eligible HK SDR to another eligible counter will not be considered as fresh funds, and will not qualify for the Cash Back.  

Terms and Conditions

1. The SBP x HK SDR – Cashback Promotion (“Promotion”) is valid from 01 April 2026 (0000 hrs.) to 30 June 2026 (2359 hrs.) (“Promotion Period”), both dates inclusive.
2. How to sign up for the Share Builders Plan? Complete the following two steps: Submit an online application
   1. If you do not have a POEMS account, you can open one here.
   2. If you already have a POEMS account, follow these steps:
      POEMS Mobile 3 App
      1. Log in to your POEMS Account
      2. Go to Trade > RSP > Share Builders Plan > Apply
      
      POEMS Website
      1. Subscribe via this link
      
      Apply e-GIRO: 
   3. POEMS Mobile 3 App
      3. Log in to your POEMS Account
      4. Go to Trade > RSP > Share Builders Plan > Apply
   4. POEMS Website
      3. Log in to your POEMS Account 
      4. Acc Mgmt > Online Forms > Account Application>GIRO>Select SBP (Account no.) > Choose the Bank>Apply 
3. Payment

   Eligibility 
   Based on successful GIRO deduction (regardless of whether GIRO was set up via paper or eGIRO). 

    

   GIRO Submission  
   All new GIRO setups and GIRO updates must be done via eGIRO through POEMS during promotion period. 

4. Only SBP Online Applications and eGIRO submissions received within the Promotion Period will be eligible. Any applications received after the Promotion Period or submitted through channels not specified above will not be considered. Any correspondence on missing and/or delayed submissions shall not be entertained. 
5. Eligible Counters for the Promotion: 
   
   • Bank of CN HK SDR 1to1 
   • Alibaba HK SDR 5to1
   • BYD HK SDR 10to1
   • HSBC HK SDR 5to1
   • Tencent HK SDR 10to1 
   • MEITUAN HK SDR 5to1 
   • PING AN Insurance HK SDR 2to1 
   • XIAOMI HK SDR 2to1
   • JD HK SDR 10to1 
   • PETROCHINA HK SDR 1to2 
   • SMIC HK SDR 5to1 
   • CATL HK SDR 30to1 
   • Pop Mart HK SDR 20to1 
   • Laopu Gold HK SDR 50to1 
   • Trip.com HK SDR 50to1 
   • Baidu HK SDR 10to1 
   • China Mobile HK SDR 5to1 
   • Zijin Gold HK SDR 10to1 
6. Investment Amount Amendment
   1. During the Promotion Period, customers may increase or decrease their investment amount.
   2. Notwithstanding Clause 6.1, if a customer reduces their investment amount at any time during the two (2)-month GIRO subscription period, the customer will be disqualified from the Promotion and will not be eligible to receive any cashback under the Promotion (see Illustration A). 
      

      Month	Investment counter	Investment Amount S$	Cashback
      April 2026	Tencent HK SDR 10to1	S$600	S$10
      May 2026	Tencent HK SDR 10to1	S$200

      *This example should not be considered as financial advice. 

      
      Customers can decrease their investment amount, however, if the investment amount is reduced any time during the two-month GIRO subscription period, the customer will no longer qualify for the promotion.   
   3. The cashback amount (if eligible) will be calculated based on the customer’s investment amount in the first (1st) month of the GIRO subscription period only, regardless of any subsequent increase in the investment amount in the second (2nd) month (see Illustration B). 

      Month	Investment counter	Investment Amount S$	Cashback
      April 2026	Tencent HK SDR 10to1	S$620	S$10
      May 2026	Tencent HK SDR 10to1	S$600

      *This example should not be considered as financial advice. 

      Customers can increase their investment amount at any time; however, the cashback will be calculated based on the first month's investment amount only. For example, if you invest S$200 in the first month, then S$600 in the second month, your cashback will still be S$10. 
   4. For avoidance of doubt, where a customer invests S$200 in the first month and increases the investment amount to S$600 in the second month, the cashback will be calculated based on the S$200 in
7. The ‘Promotion’ will consist of: 
   
   • A Cashback that will be processed approximately 30 working days after completing the consecutive two-month subscription period with successful GIRO deduction.  
8. To be eligible for the Cashback during the promotion period (“Eligible Customers”): 
   1. Existing SBP Customers: 
      `
      • Customers already subscribed into any of the eligible HK SDR counters, will qualify for the Cashback when they invest at least S$200 in incremental fresh funds* in the eligible counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.
      • Customers not yet subscribed to eligible HK SDR counters, will qualify for the Cashback after subscribing to at least S$200 per month in any of the eligible counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.

        *Change of investment instructions between the HK SDR selected counters will not be considered as fresh funds; and will not qualify for the promotion.  

        Fresh Fund: Refer to the newly deposited investment amount into the SBP account during the promotion period. 

   2. New SBP Customers: 
      •   Customers who are new to SBP, will qualify for the Cashback after subscribing to at least S$200 per month in any of the eligible HK SDR counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period. 
9. Promotion Details 

   Period of Promotion	T&Cs		Cashback	Eligible Counters	Eligible Counters
   01 April 2026 – 30 June 2026	New to SBP S$200 Subscription into any of the HK SDR eligible counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.	Existing SBP Customers S$200 of fresh funds* into the HK SDR eligible counters for two consecutives months with successful GIRO deduction, provided the investment amount is not reduced during this period.	Two consecutive months subscription	Get S$10 Cashback for 2 consecutive S$200 per monthly subscription into any of the eligible counters during the promotion period. Eligible customer is allowed a maximum Cashback of S$50 for each SBP account during the promotion period.	Bank of CN HK SDR 1to1 Alibaba HK SDR 5to1 BYD HK SDR 10to1 HSBC HK SDR 5to1 Tencent HK SDR 10to1 MEITUAN HK SDR 5to1 PING AN Insurance HK SDR 2to1 XIAOMI HK SDR 2to1 JD HK SDR 10to1 PETROCHINA HK SDR 1to2 SMIC HK SDR 5to1 CATL HK SDR  30to1 Pop Mart HK SDR 20to1 Laopu Gold HK SDR 50to1 Trip.com HK SDR 50to1 Baidu HK SDR 10to1 China Mobile HK SDR 5to1 Zijin Gold HK SDR 10to1

   *Change of investment instructions between the HK SDR selected counters will not be considered as fresh funds; and will not be eligible for the promotion. 
   Fresh Fund: Refers to newly deposited investment amounts into the SBP account during the promotion period. 
   Eligible Customer: Eligible for the promotion 
   • To participate in the Cashback promotion, customers must invest at least S$200 per month into any of the eligible counters for two consecutive months with successful GIRO deduction, as shown in the table above. 
   • Eligible customer is allowed a maximum Cashback of S$50 for each SBP account during the promotion period. 
   • Existing SBP customers must invest at least S$200 using incremental fresh funds* in any of the eligible counters for two consecutive months with GIRO linkage. 
   • New Customers must submit the SBP Online Form and apply eGIRO during the promotion period. 
   • The investment transaction must be successfully made before the 18th of each month or the next business day if the 18th falls on a non-business day during the promotion period. 
   • The Cashback will be credited into the eligible customers’ SBP ledger approximately 30 working days after completing the consecutive two-month subscription period. 
   • Failed GIRO deductions during the consecutive two month subscription period will result in disqualification from Cashback eligibility. 
   • If an eGIRO for a new account is rejected, resubmission is allowed, but approval must be completed within the Promotion Period. 
   • Existing customers who are eligible for the promotion and wish to update their GIRO linkage must apply via eGIRO. 
   • Existing customers who update their GIRO linkage and experienced a failed GIRO deduction or pending approval or using paper GIRO during the promotion period will not be eligible for the promotion. 
   • Please note that paper GIRO submission not available for the promotion. 
   1. For existing customers who are already subscribed to any eligible HK SDR counters, only fresh funds will be considered. 
      • Example: If Customer A has already subscribed S$200 before the promotion period and invests incremental fresh funds of S$200 during the promotion period, the calculated invested amount will be S$200 for the fresh fund only. 
   2. Each customer is eligible to use multiple POEMS accounts to apply for SBP and participate in the promotion. 
      • Example: Customer A has more than one POEMS account that has an existing SBP; he/she is allowed to use all the POEMS accounts with SBP subscription to participate. However, the minimum monthly investment requirement (S$200) applies to each POEMS account with SBP subscription separately and cannot be combined across accounts. It is essential to ensure that each account fulfills the terms and conditions of the promotion to qualify. We will only consider accounts that meet the specified terms and conditions. 
10. Cashback

    Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
    April 2026	Tencent HK SDR 10to1	S$200	Two consecutive months	S$10
    May 2026	Tencent HK SDR 10to1	S$200

    *This example should not be considered as financial advice. 

    Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
    April 2026	Tencent HK SDR 10to1	S$100	Two consecutive months	S$10
    	BYD HK SDR 10to1	S$100
    May 2026	Tencent HK SDR 10to1	S$100
    	BYD HK SDR 10to1	S$100

    Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
    April 2026	Tencent HK SDR 10to1	S$600	Two consecutive months	S$50
    	BYD HK SDR 10to1	S$600
    May 2026	Tencent HK SDR 10to1	S$600
    	BYD HK SDR 10to1	S$600

    *This example should not be considered as financial advice. 
    •  Please refer to examples 1,2,3,4 on the indicative Cashback amount. 
    • Eligible customer is allowed a maximum Cashback of S$50 per SBP account. 
    • The Cashback will be processed approximately 30 working days after completion of the consecutive two months subscription period.  
11. Cashback is non-transferable. The Cashback will be credited into the eligible customers’ SBP ledger approximately 30 working days after completing the consecutive two-month subscription period with GIRO. If the customer terminates their SBP account before the Cashback is credited, the customer will not be eligible for the promotion. Should the Cashback be unavailable for any reason whatsoever, PSPL reserves the right for final decision.  
    1. In the event that the Customer submits SBP Termination Form before the cashback is credited, PSPL reserves the right, at its sole discretion, to forfeit and/or cancel the cashback, and no cashback shall be payable.
    2. Customers are deemed to have read, understood, and accepted these Terms & Conditions. PSPL shall have no obligation to notify or remind Clients regarding cashback eligibility, status, or crediting upon receipt of the SBP Termination Form. 
12. Customers should read the Terms and Conditions before participating in the promotion. 
13. The first 100 SBP accounts that fulfill all terms and conditions will receive the Cashback. PSPL has the absolute discretion to exclude any otherwise eligible customer from participating. This promotion is on a first-come, first-served basis. The first 100 customers will be determined based on meeting all required criteria stated in the Terms & Conditions. If more than 100 customers fulfil the Terms & Conditions, only the first 100 qualifying accounts will be eligible for Cashback, and PSPL reserves the right to disqualify any subsequent qualifiers. 
14. Eligible customer will receive an email from rsp@phillip.com.sg approximately 30 working days after completing the consecutive two months subscription period (based on the last known contact information in PSPL’s records) regarding Cashback information. Eligible customers can check the Cashback transaction in their SBP monthly statement. PSPL reserves the right to replace any disqualified customer. PSPL has the absolute discretion to exclude any otherwise eligible customer from participating in the promotion. 
15. The following persons are not eligible for this promotion, unless approved by the management of PSPL: 
    1. PSPL institutional Customer(s) and corporate Customer(s) 
    2. PSPL account holders whose accounts have been suspended, cancelled or terminated 
    3. PSPL and its associated entities and subsidiaries (direct or indirect), e.g., Staff, Trading Representatives and Financial Adviser Representative 
16. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all customer shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion is final and binding on all customers.
17. By participating in the Cashback promotion, customer agree and consent to allow PSPL to use their name, or likeness in all matters related to this Cashback promotion including any advertising or publicity without additional compensation or notification. 
18. By taking part in this promotion, you acknowledge that you have read, understood and consented to these Terms and Conditions. 
19. This promotion is subject to PSPL’s standard terms and conditions of business, where applicable, and PSPL reserves the right at its absolute discretion to determine Customer(s)’ entitlement for the promotion, to amend the terms and conditions of, and/or to suspend or terminate this promotion without prior notice or liability to any person. In the event of any dispute involving the interpretation of terms and conditions or any disagreement arising from this promotion, PSPL reserves the right to make the final decision. 

Disclaimer :

• This promotion is intended for general information only and does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the units in any fund and the income from them may fall as well as rise. Past performance figures as well as any projection or forecast used in this promotion are not necessarily indicative of future or likely performance of any fund. Any opinion or view herein is made on a general basis and is subject to change without notice. You may wish to obtain advice from a financial adviser before making a commitment to purchase any investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should consider whether the investment product is suitable for you. SBP is a Regular Savings Plan and is not a deposit and not principal protected nor a capital guaranteed plan.
• Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the shares and the income from them may fall as well as rise. Past performance is not necessarily indicative of future performance. Investments in Regular Savings Plan are designed to produce returns over the medium to long term and are not suitable for short-term speculation.
• Any opinion or view herein is made on a general basis and is subject to change without notice. 
• You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement. 
• The information is correct as at the date of print and the company reserves the right to revise the charges. 
  
  
• This advertisement has not been reviewed by the Monetary Authority of Singapore. 

Subscribe to Hong Kong Singapore Depository Receipts (HK SDR) via the Share Builders Plan and receive Cashback

OPEN AN ACCOUNT NOW Receive S$10 Cashback* for every S$200 fresh funds invested per month over two consecutive months in eligble HK SDR (capped at $50)

Monthly Investment Amount	Total for 2 months	Investment Period	Cashback*	Eligible Counters
S$200	S$400	2 consecutive months subscription	S$10	All selected HK SDR Counters (Please refer the counter list on below)
S$400	S$800		S$20
S$600	S$1200		S$30
S$800	S$1600		S$40
S$1000	S$2000		S$50

SUBSCRIBE NOW The promotion is limited to the first 100 SBP accounts. Eligible customers who invest a minimum of S$200 per month in selected HK SDR via GIRO for two consecutive months will receive S$10 cashback*, credited to their Share Builders Plan (SBP) Ledger, subject to a maximum cashback cap of S$50.

Sign up for the Share Builders Plan (SBP)

If you have yet to open a POEMS Account, open one here. If you are an existing POEMS Account holder, simply follow these instructions: via POEMS Mobile 3 app Tap on the “Me” tab > eGIRO > Select SBP (Account no.) > Choose Bank > Apply via POEMS Website Subscribe via here Set Up eGIRO for Recurring Investments via POEMS Mobile 3 app Tap on the “Me” tab > eGIRO > Select SBP (Account no.) > Choose Bank > Apply via POEMS Website Go to Acc Mgmt > Online Forms > Account Application > GIRO > Select SBP (Account no.) > Choose Bank > Apply Payment Eligibility Based on successful GIRO deduction (regardless of whether GIRO was set up via paper or eGIRO). Submission All new GIRO setups and GIRO updates must be done via eGIRO through POEMS during promotion period. Invest a minimum of S$200*per month in any of the eligible HK SDR for two consecutive months with successful GIRO deduction to qualify for the S$10 cashback*

Existing SBP Customers

Customers who are already subscribed to any of the HK SDR eligible counters will only qualify for the cashback when investing an additional S$200 or more in fresh funds* in these counters; for two consecutive months with successful GIRO deduction. Customers who are not yet subscribed to any of the HK SDR will qualify for the cashback after subscribing to at least S$200 per month in any of the eligible counters; for two consecutive months with successful GIRO deduction.

New SBP Customers

Customers who are new to SBP will qualify for the cashback after subscribing and investing at least S$200 per month into any of the HK SDR eligible counters; for two consecutive months with successful GIRO deduction. Customers who are new to SBP will qualify for the cashback after subscribing and investing at least S$200 per month into any of the HK SDR eligible counters; for two consecutive months with successful GIRO deduction.

S/N	Counter Name	Counter Name on Website
1	Bank of CN HK SDR 1to1	Bank of CN HK SDR 1to1
2	Alibaba HK SDR 5to1	Alibaba HK SDR 5to1
3	BYD HK SDR 10 to 1	BYD HK SDR 10to1
4	HSBC HK SDR 5to1	HSBC HK SDR 5to1
5	Tencent HK SDR 10to1	Tencent HK SDR 10to1
6	MEITUAN HK SDR 5to1	Meituan HK SDR 5to1
7	PING AN Insurance HK SDR 2to1	Ping An Ins HK SDR 2to1
8	XIAOMI HK SDR 2to1	Xiaomi HK SDR 2to1
9	JD HK SDR 10to1	JD HK SDR 10to1
10	PETROCHINA HK SDR 1to2	PetroCN HK SDR 1to2
11	SMIC HK SDR 5to1	SMIC HK SDR 5to1
12	CATL HK SDR  30to1	CATL HK SDR 30to1
13	Pop Mart HK SDR 20to1	POP MART HK SDR 20to1
14	Laopu Gold HK SDR 50to1	Laopu Gld HK SDR 50to1
15	Trip.com HK SDR 50to1	Trip.com HK SDR 50to1
16	Baidu HK SDR 10to1	Baidu HK SDR 10to1
17	China Mobile HK SDR 5to1	CN Mobile HK SDR 5to1
18	Zijin Gold HK SDR 10to1	Zijin Gld HK SDR 10to1

* Counters not listed above will not be eligble for the promotion

How It Works?

1. Minimum investment Eligible Customers must invest a minimum of S$200 fresh funds per month for two consecutive months with successful GIRO deduction into any of the eligible counters listed in the table above. 2. Transactions Date The investment transaction must be made before the 18th day of each month (or the next business day if the 18th falls on a non-business day) during the promotion period. 3. Cashback There is a Cashback cap of S$50 per account. 4. Processing Time The Cashback will be processed approximately 30 working days after completion of the consecutive two-month subscription period with successful GIRO deduction. . GET STARTED

Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$200	Two consecutive months	S$10
May 2026	Tencent HK SDR 10to1	S$200

*This example should not be considered as financial advice.

Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$1200	Two consecutive months	S$50
May 2026	Tencent HK SDR 10to1	S$1200

*This example should not be considered as financial advice. Note: There is a Cashback cap of S$50 per account.

Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$100	Two consecutive months	S$10
	BYD HK SDR 10to1	S$100
May 2026	Tencent HK SDR 10to1	S$100
	BYD HK SDR 10to1	S$100

*This example should not be considered as financial advice.

Month	Investment counter	Monthly Investment Amout	Investment Period	Cashback
April 2026	Tencent HK SDR 10to1	S$600	Two consecutive months	S$50
	BYD HK SDR 10to1	S$600
May 2026	Tencent HK SDR 10to1	S$600
	BYD HK SDR 10to1	S$600

*This example should not be considered as financial advice.

Period of Promotion	T&Cs		Cashback	Eligible Counters	Eligible Counters
01 April 2026 – 30 June 2026	New to SBP S$200 Subscription into any of the HK SDR eligible counters for two consecutive months with successful GIRO deduction, provided the investment amount is not reduced during this period.	Existing SBP Customers S$200 of fresh funds* into the HK SDR eligible counters for two consecutives months with successful GIRO deduction, provided the investment amount is not reduced during this period.	Two consecutive months subscription	Get S$10 Cashback for 2 consecutive S$200 per monthly subscription into any of the eligible counters during the promotion period. Eligible customer is allowed a maximum Cashback of S$50 for each SBP account during the promotion period.	Bank of CN HK SDR 1to1 Alibaba HK SDR 5to1 BYD HK SDR 10to1 HSBC HK SDR 5to1 Tencent HK SDR 10to1 MEITUAN HK SDR 5to1 PING AN Insurance HK SDR 2to1 XIAOMI HK SDR 2to1 JD HK SDR 10to1 PETROCHINA HK SDR 1to2 SMIC HK SDR 5to1 CATL HK SDR  30to1 Pop Mart HK SDR 20to1 Laopu Gold HK SDR 50to1 Trip.com HK SDR 50to1 Baidu HK SDR 10to1 China Mobile HK SDR 5to1 Zijin Gold HK SDR 10to1

*Change of investment instructions between the HK SDR selected counters will not be considered as fresh funds; and will not be eligible for the promotion. Fresh Fund: Refers to newly deposited investment amounts into the SBP account during the promotion period. Eligible Customer: Eligible for the promotion

Terms and conditions

VIEW T&Cs

FAQ

VIEW FAQs

Trade DLCs / Structured Warrants to win up to

Enjoy No Min Commission*

OPEN ACCOUNT

Start Your Trading Journey with a S$20 DLC/SSSSW Voucher

OPEN ACCOUNT OPEN ACCOUNT

Campaign Period: 13 April 2026 to 30 June 2026

Get Started in 3 Simple Steps

STEP 1

Sign in via the POEMS Mobile 3 app, or Open an Account if you’re new.

STEP 2

Redeem your DLC/SW Coupon via the POEMS Mobile 3 Rewards section to receive S$20 in Cash Credit.*

*T&Cs Apply

Redeem Now

STEP 3

Start trading SGX-listed Daily Leverage Certificates and Structured Warrants to compete for a spot among the top 3 traders by total traded value.

Why Trade DLCs and Structured Warrants?

Maximize Your Market Exposure

Gain leveraged exposure to market movements

Trade with Flexibility

Trade rising or falling markets with flexibility

Start with Lower Capital

Start with lower initial investment compared to buying the underlying shares

Capture Short-Term Opportunities

Take advantage of short-term opportunities in global markets

Trade with No Minimum Commission Fee

Trade DLCs and Structured Warrants, keep costs low, and capture every market opportunity.

Example 1: Customer invests S$3,000 in a DLC that has a price of $1.00 per share.

	Cash Management Account		Cash Plus Account
	Before 02/03/2026*	Now
SGX-listed DLC traded price	S$1.00	S$1.00	S$1.00
Quantity Purchased	3,000 units	3,000 units	3,000 units
Gross Amount	S$3,000	S$3,000	S$3,000
Commission	S$25 (Fees calculated at 0.28% or minimum S$25, for Cash Management Account with contract value below S$50,000)	S$8.40 (0.28% x $3,000) (Fees calculated at 0.28%, for Cash Management Account with contract value below S$50,000)	S$2.40 (0.08% x $3,000) (Fees calculated at 0.08%, for Cash Plus Account: Starter tier)
Commission Saved		S$16.60

Example 2: A customer invests S$300 in a Structured Warrant priced at S$0.10 per share.

	Cash Management Account		Cash Plus Account
	Before 02/03/2026*	Now
SGX-listed Structured Warrants traded price	S$0.10	S$0.10	S$0.10
Quantity Purchased	3,000 units	3,000 units	3,000 units
Gross Amount	S$300	S$300	S$300
Commission	S$25 (Fees calculated at 0.28% or minimum S$25, for Cash Management Account with contract value below S$50,000)	S$0.84 (0.28% x S$300) (Fees calculated at 0.28%, for Cash Management Account with contract value below S$50,000)	S$0.24 (0.08% x $300) (Fees calculated at 0.08%, for Cash Plus Account: Starter tier)
Commission Saved		S$24.16

*Online commission shown does not include any promotional discounts.

Note: The above examples do not include Exchange Fee and GST.

For pricing of other account types, please refer here.

Frequently Asked Questions

Am I required to register first before I participate in this promotion?

No, registration is not required. Your Account will be automatically tracked when you execute eligible trades during the campaign period.

When will I be notified if I am the top 3 trader for this promotion and how do I redeem the Gold bar?

If you are the top 3 trader for the promotion, you will be notified via email or phone within ONE month after the end of the promotion period.

Redemption details will be provided in the notification. Please ensure that your contact details with POEMS are up to date to avoid any delays.

I am a Cash Trading Account holder. Am I eligible to enjoy this promotion?

No, Cash Trading Account holders are not eligible for this promotion. You may consider opening an eligible Account type or converting your Cash Trading Account to a Cash Management Account.

How to redeem the S$20 Gold Coupon on POEMS Mobile 3 App?

To redeem the S$20 Gold Coupon, please kindly follow these few steps:

1. Download POEMS Mobile 3 App on App Store/Google Play Store.
2. Login with your POEMS Account number and password and head over to Me Tab > Rewards. 
3. Select S$20 DLC/SW Coupon under SHOP and Buy with 1 POEMS Coin to redeem.
4. Once redeemed, execute the eligible trade before the expiry date. 
5. Once you have executed an eligible trade, the S$20 Cash Credit will be credited to your Account within one (1) month after the campaign end date of 30 June 2026.

Terms & Conditions

T&Cs

1. This promotion is valid from 13 April 2026 to 30 June 2026, and is open to new and existing Customers of Phillip
   Securities Pte Ltd (“PSPL”).
2. Promotion Details:
   • Top 3 Traders Promotion:
     • 1 X ½ oz 999.9 Gold Bar* 
     • 1 X 5 gm 999.9 Gold Bar*
     • 1 x 1 gm 999.9 Gold Bar* 
       • Eligibility:
         • Be the top 3 trader by total traded value in SGX-listed Daily Leverage Certificates (DLCs) and/or Structured Warrant during promotion period.
         • Only BUY trades are applicable.
         • Only Online trades are applicable.
       • *All gold bars are subject to availability and may be substituted with gold coins of equivalent weight and value.
     • Notification:
       • You will be notified via email or phone within one month after the end of the promotion period.
   • S$20 DLC/SW Coupon:
     • Eligibility Criteria:
       • BUY trades only
       • SGX listed DLC/SW trades only
       • Cash trades only
       • Online trades only
       • Minimum contract value of at least S$3000 
     • This Coupon, exchangeable with one POEMS coin, can be redeemed for a S$20 Cash Credit upon Successful Eligible Trades.
     • The availability of this Coupon listed on the POEMS Mobile 3 Reward Shop will be on a first come first serve basis.
     • Each Customer is only eligible to exchange one S$20 DLC/SW Coupon using one POEMS coin during the Promotion period.
     • The one POEMS Coin used to exchange for this Coupon will not be refunded once the Coupon is exchanged.
     • This Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for
       cash.
     • This Coupon will expire on 30 Jun 2026, 6 P.M. GMT+8. You are required to redeem the Coupon and execute the eligible trade
       within the Coupon validity period.
     • This Coupon will be automatically applied to the first successful eligible trade executed, after the Coupon redemption and before its expiry.
     • The S$20 rebate will be credited to the eligible Account within the month of July 2026 after redeeming the coupon and completing Successful Trades.
     • If the Coupon is not redeemed and/or a successful eligible trade is not executed within the validity period, the Coupon will be forfeited, and no rebate will be issued.
     • If there are multiple Stock Coupons active, the one which has a nearer expiration date will be used up first by default. If the Coupons have the same expiry date, the Coupon that was activated first by the Customer will be used by default.
     • If the Customer holds multiple trading Accounts, the Account that performs the first successful eligible trade
       will receive the S$20 rebate, regardless of which Account the Coupon was activated in. For example: Customer has
       Account A and Account B. Customer activates the Coupon in Account A, but later performs a successful eligible
       trade using Account B. In this case, Account B will be awarded the S$20 rebate.
3. Phillip Securities Pte Ltd (“PSPL”) reserves the right at any time in its absolute discretion to (i) amend, add to,
   and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying
   terms and criteria), and all Customers shall be bound by such amendments, additions and/or deletions when effected, or
   to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and
   without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final
   and binding on all Customers.
4. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss,
   damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
5. By redeeming this item, you acknowledge that you have read and consented to these Terms and Conditions.
6. Days refer to calendar days.
7. The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
   • Closed Account with PSPL during the promotion period
   • Cash Account(s)
   • PSPL institutional Customers and corporate Customers
8. This advertisement has not been reviewed by the Monetary Authority of Singapore.

OPEN ACCOUNT

Campaign Period: 1 April 2026 to 30 June 2026​

Log In or Sign Up

Sign in via the POEMS Mobile 3 App. New to POEMS? Open an Account to get started.

Redeem Your Gold Coupon

Redeem your Gold Coupon via the POEMS Mobile 3 Rewards section to receive S$20 in Cash Credit.* *T&Cs Apply

Trade & Climb the Leaderboard

Be the top trader by total traded value in i. SPDR Gold Shares ii. LionGlobal Singapore Physical Gold ETF

Why These 4 Gold ETFs Stand Out

SPDR Gold Shares GLD SG$ GLD SG$ (Ticker: GSD) refers to the SPDR Gold Shares traded on the Singapore Exchange (SGX) in Singapore Dollars (SGD):

• Offer investors a way to track the price of gold without holding physical gold
• Backed by physical gold bullion held in vaults
• Aims to reflect gold’s performance, providing diversification and a hedge against economic uncertainty

TRADE SGX: GSD SPDR Gold Shares GLD US$​ GLD US$ (Ticker: O87) refers to the SPDR Gold Shares ETF traded on the Singapore Exchange in U.S. dollars (USD):

• Tracks the same underlying fund as SPDR Gold Shares (GLD), denominated in USD
• Quoted and settled on SGX in USD rather than SGD
• Provides flexibility for investors seeking USD exposure to gold

TRADE SGX: O87 Lion Global Physical Gold ETF Lion SG Phy Gold S$ Lion SG Phy Gold SGD$ (Ticker: GLS) refers to the Lion Global Physical Gold ETF traded on the Singapore Exchange (SGX) in Singapore Dollars (SGD):

• Offer exposure to physical gold backed by LBMA-standard bars
• Safeguarded in Singapore with strong regulatory standards
• Securely vaulted with 24/7 protection
• Fully insured against loss, theft or damage

TRADE SGX: GLS Lion Global Physical Gold ETF Lion SG Phy Gold US$ Lion SG Phy Gold US$ (Ticker: GLU) refers to the Lion Global Physical Gold ETF traded on the Singapore Exchange (SGX) in U.S. dollars (USD):

• Tracks the same underlying fund as the Lion Global Physical Gold ETF (GLS), denominated in USD
• Quoted and settled on SGX in USD rather than SGD
• Provides flexibility for investors seeking USD exposure to gold

TRADE SGX: GLU

Check Out the Comparison Chart between S&P 500 & Gold in 2025

Yellow line: Gold Blue line: S&P 500 Source: TradingView

Read: How Gold ETFs Can Diversify Your Portfolio and Hedge Against Inflation

Scan the QR code to redeem your S$20 Gold Coupon. Redeem Now

Frequently Asked Questions

Am I required to register first before I participate in the top trader promotion? No, registration is not required. Your Account will be automatically tracked when you execute eligible trades during the campaign period. When will I be notified if I am the top trader for the top trader promotion and how do I redeem the Gold bar? If you are the top trader for the promotion, you will be notified via email or phone within ONE month after the end of the promotion period. Redemption details will be provided in the notification. Please ensure that your contact details with POEMS are up to date to avoid any delays. I am a Cash Trading Account holder. Am I eligible to enjoy this promotion? No, Cash Trading Account holders are not eligible for this promotion. You may consider opening an eligible Account type or converting your Cash Trading Account to a Cash Management Account via POMS 2.0 How to redeem the S$20 Gold Coupon on POEMS Mobile 3 App? To redeem the S$20 Gold Coupon, please kindly follow these few steps:

1. Download POEMS Mobile 3 App on App Store/Google Play Store.
2. Login with your POEMS Account number and password and head over to Me Tab > Rewards.
3. Select S$20 Gold Coupon under SHOP and Buy with 1 POEMS Coin to redeem.
4. Once redeemed, execute the eligible trade before the expiry date.
5. Once you have executed an eligible trade, the S$20 Cash Credit will be credited to your Account within one (1) month after the campaign end date of 30 June 2026.

Terms & Conditions

T&Cs

1. This promotion is valid from 1 April 2026 to 30 June 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
2. Promotion Details:
   • Top Trader Promotion:
     • 1 X ½ oz 999.9 Gold Bar*:
       • Eligibility:
         • Be the top trader by total traded value in SPDR Gold Shares (SGX:GSD), (SGX:O87) and/or LGI Singapore Physical Gold ETF (SGX: GLU), (SGX: GLS) during promotion period.
         • Only BUY trades are applicable
         • Only Online trades are applicable
       • *Subjected to availability. May be substituted with a ½ oz Gold Coin of similar value.
     • Notification:
       • You will be notified via email or phone within one month after the end of the promotion period.
   • S$20 Gold Coupon:
     • Eligibility Criteria:
       • BUY trades only
       • SGX listed Gold ETFs;
         • SGX: O87 – SPDR Gold Shares (USD)
         • SGX: GSD – SPDR Gold Shares (SGD)
         • SGX: GLU – LionGlobal Singapore Physical Gold ETF (USD)
         • SGX: GLS – LionGlobal Singapore Physical Gold ETF (SGD)
       • Cash trades only
       • Online trades only
       • Minimum trade value of S$10,000/US$7,800
     • This Coupon, exchangeable with one POEMS coin, can be redeemed for a S$20 Cash Credit upon Successful Eligible Trades.
     • The availability of this Coupon listed on the POEMS Mobile 3 Reward Shop will be on a first come first serve basis.
     • Each Customer is only eligible to exchange one S$20 Trade Gold for Gold Coupon using one POEMS coin during the Promotion period.
     • The one POEMS Coin used to exchange for this Coupon will not be refunded once the Coupon is exchanged.
     • This Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
     • This Coupon will expire on 30 Jun 2026. You are required to redeem the Coupon and execute the eligible trade within the Coupon validity period.
     • This Coupon will be automatically applied to the first successful eligible trade executed, after the Coupon redemption and before its expiry.
     • The S$20 rebate will be credited to the eligible Account within the month of July 2026 after redeeming the coupon and completing Successful Trades.
     • If the Coupon is not redeemed and/or a successful eligible trade is not executed within the validity period, the Coupon will be forfeited, and no rebate will be issued.
     • If there are multiple Stock Coupons active, the one which has a nearer expiration date will be used up first by default. If the Coupons have the same expiry date, the Coupon that was activated first by the Customer will be used by default.
     • If the Customer holds multiple trading Accounts, the Account that performs the first successful eligible trade will receive the S$20 rebate, regardless of which Account the Coupon was activated in. For example: Customer has Account A and Account B. Customer activates the Coupon in Account A, but later performs a successful eligible trade using Account B. In this case, Account B will be awarded the S$20 rebate.
3. Phillip Securities Pte Ltd (“PSPL”) reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all Customers shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all Customers.
4. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
5. By redeeming this item, you acknowledge that you have read and consented to these Terms and Conditions.
6. Days refer to calendar days.
7. The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
   • Closed Account with PSPL during the promotion period
   • Cash Account(s)
   • PSPL institutional Customers and corporate Customers
8. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Receive S$10 in bonus units

for every S$10,000 invested in Amova Singapore Equity Funds and other selected funds!

Campaign Period
16 Mar – 19 Jun 2026

Maximum Bonus
Up to S$2,000 in bonus units
(capped at S$500 per fund)

Holding Period
90 days

Participating Funds

Choose from the following Amova Asset Management funds to participate in this campaign

Amova Singapore Bond Fund
SGD Class BUY Amova Singapore Dividend and Growth Equity Fund Class A (Acc) Class A (QDist) BUY BUY Amova Singapore Equity Fund
SGD Class BUY Amova Singapore Small Mid Cap Equity Fund Class A (Acc) Class A (QDist) BUY BUY

Why invest in Amova Asset Management funds?

Stable and experienced team

Dedicated Asia team with 21 years’ average industry experience

Amova's EQDP Appointment

Amova AM has been allocated a share of S$2.85 billion under the Equity Market Development Programme (EQDP) to invest in the Singapore stock market.

Invest in Singapore’s Resilient Growth

Participate in a well-diversified, growing economy that is resilient in times of volatility 

Promotion Mechanics

Three simple steps to receive your bonus units

Invest

Invest in any of the participating Amova Asset Management funds through your POEMS account.

Hold

Hold your investment for a minimum of 90 days to qualify for bonus units.

Receive

Receive your bonus units within 120 calendar days
after the campaign ends.

How to Participate

Eligible Accounts

• POEMS Account:
  Cash Plus, Cash Management, Margin, Prepaid or Custodian Account
• Advisory Account :
  Unit Trust Wrap or Advisory Account

Key Requirements

• Units must be held for a minimum of 90 calendar days to qualify for this promotion
• Cash subscription only
• Bonus units will be credited and distributed within 120 calendar days after the campaign ends on 19 June 2026
  
  

When Your Bonus Units Will Be Credited

Bonus units will be credited within 120 calendar days after the campaign ends (19 June 2026), provided you have met all requirements including the 90-day holding period.

Terms & Conditions

Campaign Terms and Conditions

1. Definitions
   
   1. 1. “Promotion Period” refers to the period from 16 March 2026 till 19 June 2026, both dates inclusive.
      2. “Amova EQDP Campaign” refers to joint campaign between Phillip Securities Pte Ltd and Amova Asset Management Asia Limited that customers can participate in.
      3. “Promotion” refers to the S$10 bonus units or voucher that the qualified customer can receive for every S$10,000 invested in selected Amova Asset Management funds, up to S$500 per selected fund, and a total maximum of S$2000, and complete the criteria as detailed in the table below within the promotion period. The minimum qualifying amount per fund is S$10,000.

Promotion
Eligible Account	Selected Amova Asset Management Funds (“Participating Fund”)	Holding Period	Reward
Advisory Accounts (Advisory or Unit Trust Wrap)    POEMS Account  (Cash Plus or Cash Management, Margin, Prepaid or Custodian Account)	Amova Singapore Bond Fund – SGD Class (SG9999003834)  Amova Singapore Equity Fund – SGD Class A (SGXZ51708014)  Amova Singapore Dividend and Growth Equity Fund – Class A SGD Acc (SGXZ53341947)  Amova Singapore Dividend and Growth Equity Fund – Class A SGD QDist (SGXZ44201846)  Amova Singapore Small Mid Cap Equity Fund – Class A SGD Acc (SGXZ56544364)  Amova Singapore Small Mid Cap Equity Fund – Class A SGD QDist (SGXZ90407099)	90 calendar days	S$10 bonus units   (up to S$500 per selected fund, and a total maximum of S$2000 for the promotion)  with every S$10,000 invested   via cash subscription
*Bonus units will only be qualified for crediting upon completion of the 90 calendar day lock in period  *Bonus units will be credited and distributed respectively within 120 calendar days from end of campaign date

 

1. 1. “POEMS Account” refers to Cash Plus or Cash Management, Margin, Prepaid or Custodian Account.
   2. “Advisory Account” refers to Unit Trust Wrap or Advisory Account.
   3. “PSPL” refers to Phillip Securities Pte Ltd.
   4. “Holding Period” refers to the 90 calendar days period to keep funds in the account with no withdrawal of funds during this period.
   5. “Eligible Customer” refers to new customers who create an Advisory/POEMS Account and existing customers who have a Advisory/POEMS Account, and complete the respective Promotion criteria during the Promotion Period.
   6. “Non-Eligible Customer” refers to customers who shall not qualify for the Promotion unless approved by the management of Phillip Securities Pte Ltd (“PSPL”)
      
      1. (9.1) Customers who do not have an Advisory/POEMS Account namely (Advisory or Unit Trust Wrap, Cash Plus or Cash Management, Margin, Prepaid or Custodian Account)
      2. (9.2) Customers whose Accounts have been suspended, canceled or terminated.
      3. (9.3) PSPL institutional Customers and corporate Customers.
   7. Orders for the purchase of eligible funds must be received by 19th June before 3pm.
   8. The following categories of persons are not eligible to participate in the Campaign: employees (including their immediate families) of PSPL. Immediate family means any of the following: spouse, ex-spouse, de-facto spouse, child, step-child (whether natural or by adoption), parent, step-parent, grandparent, step-grandparent, uncle, aunt niece, nephew, mother, sister, step-brother, step-sister or first cousin.
   9. By taking part in this campaign, the participant acknowledges that he / she has read and consented to these Terms & Conditions.
   10. This advertisement has not been reviewed by the Monetary Authority of Singapore.

General Terms and Conditions

1. By participating in the Promotion, each Eligible Customer is deemed to have accepted and agreed to be bound by these terms and conditions and any other instructions, terms and conditions that PSPL may issue from time to time.
2. PSPL assumes no responsibility for incomplete, lost, late, damaged, illegible or misdirected forms or email communication, for technical hardware or software failures of any kind, lost or unavailable network connections, or failed incomplete, distorted or delayed electronic transmission which may limit a Eligible Customer’s ability to participate in the Promotion.
3. PSPL has the sole and absolute discretion to exclude any Eligible Customers from participating in the Promotion without any obligation to furnish notice and/or reason.
4. PSPL reserves the right to disqualify or disregard any Eligible Customer who does not comply with the terms and conditions.
5. PSPL may at its discretion forfeit the Promotion, or, if already awarded, reclaim the Promotion at the expense of the Eligible Customer without payment, compensation, or having to give any reason whatsoever in the event PSPL subsequently discovers that the Eligible Customer is not eligible to participate in the Promotion and/or to receive the Promotion.
6. PSPL reserves the right to replace any Promotion with items of similar value at any time without prior notice.
7. PSPL shall not be liable for any loss of, damage to, defects, delay, mis-delivery or non-delivery of the Promotion.
8. PSPL reserves the right to deal with any unclaimed Promotion in any manner it deems fit.
9. PSPL reserves the right to request for the Eligible Customers’ proof of eligibility, identity and/or otherwise for the purposes of verifying the Eligible Customers’ claim to the Promotion at the time of collection.
10. PSPL is under no obligation whatsoever to disclose the identity of the Eligible Customers or to publish the same for any reason at any point of time.
11. The Promotion is non-transferable, not exchangeable for cash, credit or any other items of equivalent value.
12. By participating in this Promotion, each Eligible Customer agrees and consents to the collection, use and disclosure of any and all personal data of the Eligible Customer by PSPL and its advertising and promotional agencies for the purpose of administering and/or publicising the Promotion, and providing the Eligible Customer with marketing, advertising and promotional information or materials relating to the products and services that PSPL offers.
13. PSPL may at any time at its absolute discretion, without prior notice or assigning any reason thereof or being liable to any person,
    
    1. suspend, cancel or terminate the Promotion, or
    2. delete, vary, supplement, amend, modify any one or more of the terms and conditions of the Promotion.
14. PSPL’s determination of all matters in connection with the Promotion shall be final, binding and conclusive.
15. PSPL is not obliged to give any reason or prior notice on any matter concerning the Promotion Period or the Promotion. No appeal, correspondence or claims will be entertained. PSPL has the right and discretion to determine whether a party has met the requirements of the Promotion and/or to redeem the Promotion. Eligible Customers shall not be entitled to any damages or compensation whatsoever or howsoever arising as a result of such amendment, suspension or termination.
16. By participating in the Promotion, all Eligible Customers agree and undertake to, at all times, indemnify, keep indemnified, and hold PSPL, its employees and agents harmless against all losses (including direct, indirect, incidental and/or consequential losses), damages (including general, special, and/or punitive damages), demands, injuries (other than personal injury caused by PSPL‘s negligence), claims, costs, penalties, interest and fees (including all legal fees as between solicitor and Customer or otherwise on a full indemnity basis whether or not incurred in respect of any real, anticipated, or threatened legal proceedings), howsoever caused by, arising or resulting from, whether directly or indirectly, their participation in the Promotion, acceptance or usage of the Promotion, and/or any breach or purported breach of these terms and conditions and/or any applicable law.
17. PSPL makes no warranty or representation as to the quality, merchantability or fitness for purpose of the merchants’ goods and services in respect of the Promotion. Any dispute about the same must be resolved directly with the Merchant. The Merchant Terms and Conditions apply.
18. In the event of any inconsistency or discrepancy between the terms and conditions and the contents of any brochure, marketing and/or promotional materials relating to the Promotion, these terms and conditions shall prevail.
19. Any trademarks, graphic symbols, logos or intellectual property contained in any materials used in connection with this Promotion, in particular the Promotion, are the property of their respective owners. PSPL is not affiliated with, or endorsed or sponsored by, such owners and their relevant affiliates.
20. Failure by PSPL to exercise any of its right or remedy under these Terms and Conditions does not constitute a waiver of that right or remedy.
21. The Terms and Conditions shall be governed by Singapore law and the Eligible Customers agree to submit to the exclusive jurisdiction of the courts of Singapore.
22. A person who is not a party to any agreement governed by these terms and conditions shall have no right under the Contracts (Right of Third Parties) Act 2001 to enforce any of these terms and conditions.
23. In case of dispute, the decision of PSPL shall be final.
24. PSPL, its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
25. The Eligible Customer understands that he/she is entitled to withdraw his/her consent for the collection, use and disclosure of his/her personal data by notifying the Data Protection Officer (“DPO” ) of in writing. The Eligible Customer also understands that by withdrawing his/her consent may mean that PSPL is unable to proceed with the respective Promotion Redemption.
26. PSPL reserves the right at any time in its absolute discretion to
    
    1. amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and Eligible terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to
    2. vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion are final and binding on all customers.
27. By taking part in this campaign, the customer acknowledges that he / she has read and consented to these Terms & Conditions.
28. This campaign will be valid from 16 March 2026 till 19 June 2026, both dates inclusive.

Disclaimer

Important Note
This promotion is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, health, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information.
Investments are subject to investment risks including the possible loss of the principal amount invested. Past performance figures as well as any projection or forecast used in this publication, are not necessarily indicative of future or likely performance of any securities.You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement.Though effort has been made to provide complete information, Phillip Securities Pte Ltd assumes no liability for the completeness of the information provided here.
Information is correct as of 17 March 2026.
This advertisement has not been reviewed by the Monetary Authority of Singapore

• 2Q2026 OUTLOOK      

Strategy & Stock Picks

Investment Symposium 2026

Expert insights and strategic stock recommendations across 7 key markets including Singapore, China Hong Kong, United States, Malaysia, Thailand, Indonesia and Japan.

7

MARKETS

Bullish

OUTLOOK

• 2Q2026 OUTLOOK      

Strategy & Stock Picks

Investment Symposium 2026

Expert insights and strategic stock recommendations across 7 key markets including Singapore, China Hong Kong, United States, Malaysia, Thailand, Indonesia and Japan.

7

MARKETS

Bullish

OUTLOOK

Days Hours Minutes Seconds

REGIONAL COVERAGE

Stock Picks
Across 7 Markets

Stock Picks Across 7 Markets

In-depth market analysis and stock picks tailored to each region's unique dynamics

Popular Market

China,
Hong Kong

Louis Wong

Director
Phillip Securities HK

	11 APR, SAT
	12:45 PM - 2:30 PM SGT

View Session Synopsis

Singapore

Paul Chew

Head of Research,
Phillip Securities Research

	11 APR, SAT
	2:30PM-6:00PM SGT

View Session Synopsis

United States

United
States

Glenn Thum

Research Manager
Phillip Securities Research

	13 APR, MON
	7:30PM-9:00PM SGT

View Session Synopsis

Emerging Markets

Malaysia

Shahira Rahim

Head of Equity Strategy
Phillip Research Sdn Bhd

13 APR, MON
1:00PM-2:00PM SGT

View Session Synopsis

Thailand

Chutikan Santimetvirul

Head of Equity Strategy
Phillip Research (Thailand) PCL

10 APR, FRI
1:00PM-2:00PM SGT

View Session Synopsis

Indonesia

Jasa Adhimulya

Senior Equity Analyst
Phillip Sekuritas Indonesia

15 APR, WED
1:00PM-2:00PM SGT

View Session Synopsis

Japan

Tomoyuki Misumi

Research Analyst
Phillip Securities Japan

16 APR,THU
1:00PM-2:00PM SGT

View Session Synopsis malaysia card thailand card indonesia card japan card

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ONLINE

Seamless Online Access

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April 10, 2026

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OFFLINE

Exclusive Onsite Experience

Join us at Suntec for an onsite experience. Exclusively available for the Singapore and China Hong Kong market session only. Limited Seats Available

April 15-21, 2026

Register for Offline Session

SPECIAL OFFER

Early Bird Package

Be among the first 300 to reserve your spot and attend ALL market sessions to receive a mystery gift(s) after your attendance is confirmed Limited Time Only

 

Register for Online Session

Supported By

for China, Hong Kong and Singapore market session only

Mr. Geoff Howie

Mr. Howie is the Singapore Exchange’s Market Strategist, with 28 years of experience in financial markets and macroeconomic analysis. As the Exchange’s leading market communicator to the investing public, he established the SGX My Gateway Report, pens the weekly Inside Insights column in the Business Times, in addition to conducting regular interviews with CNBC, CNA, BFM and Money FM 89.3.... Mr. Howie was also named a LinkedIn Power Profile in 2018. Prior to his role at SGX, Mr. Howie held lead Broking and Market Strategist roles across the Asia Pacific offices of the world’s largest Futures and Options broker.

Mr Howie has received a Bachelor's and Master’s degree in Economics at the University of Queensland, with his thesis achieving the highest grade for first-mover policy research on the opening of Shanghai’s economy in the early 1990s. View More Hide

11 APR, SAT 2:30PM-3:00PM SGT

Mr. Bruce Zhang

Bruce Zhang, CFA – Head of Fixed Income, CSOP Asset Management Mr. Zhang Dinghai (Bruce) is Head of Fixed Income at CSOP and he is responsible for bond, REITs, money market and Singapore ETF investment strategies. His major responsibilities include ETF portfolio management and business development to enhance the company’s fixed income strategies positioning. He is responsible for billions of fixed income strategies across multiple sectors. Other responsibilities include bespoke analysis for the client facing teams and quantitative support for the local product group. Before that, Bruce worked at State Street Global Advisors and held several roles including product engineer, portfolio specialist and portfolio manager. Bruce holds a Master’s degree in Economics from the University of Hong Kong and a Bachelor of Arts from Peking University. He is a CFA Charter holder and is a member of CFA Institute and the Hong Kong Society of Financial Analysts. View More Hide

11 APR, SAT 3:00PM-3:30PM SGT

Mr. Marcus Ng

Marcus Ng leads the Cross Asset Listed Products Distribution for Societe Generale in Singapore. He is responsible for the issuance, product management, and distribution of Societe Generale’s listed structured products shelf in Singapore. He is focused on developing the Daily Leverage Certificates that have been listed in Singapore since 2017 while actively supporting the launch of Structured Certificates in 2023..., both a first of its kind in Asia.

Marcus leverages on the team’s extensive experience growing the Warrants and Callable Bull/Bear Contracts (CBBCs) offering in Hong Kong over the last decade and his own experience from his prior role at the SGX where he spent seven years managing the structured products listed on the securities market to drive innovation and develop the local listed structured products market to meet investors’ diverse needs View More Hide

11 APR, SAT 5:30PM-6:00PM SGT

SGX
Group

Mr. Geoff Howie

11 APR, SAT 2:30 PM - 3:00 PM SGT Mr. Howie is the Singapore Exchange’s Market Strategist, with 28 years of experience in financial markets and macroeconomic analysis. As the Exchange’s leading market communicator to the investing public, he established the SGX My Gateway Report, pens the weekly Inside Insights column in the Business Times, in addition to conducting regular interviews with CNBC, CNA, BFM and Money FM 89.3. Mr. Howie was also named a LinkedIn Power Profile in 2018. Prior to his role at SGX, Mr. Howie held lead Broking and Market Strategist roles across the Asia Pacific offices of the world’s largest Futures and Options broker.

Mr Howie has received a Bachelor's and Master’s degree in Economics at the University of Queensland, with his thesis achieving the highest grade for first-mover policy research on the opening of Shanghai’s economy in the early 1990s. View More Hide 11 APR, SAT 2:30PM-3:00PM SGT

CSOP Asset
Management

Mr. Bruce Zhang

11 APR, SAT 3:00 PM - 3:30 PM SGT Bruce Zhang, CFA – Head of Fixed Income, CSOP Asset Management Mr. Zhang Dinghai (Bruce) is Head of Fixed Income at CSOP and he is responsible for bond, REITs, money market and Singapore ETF investment strategies. His major responsibilities include ETF portfolio management and business development to enhance the company’s fixed income strategies positioning. He is responsible for billions of fixed income strategies across multiple sectors. Other responsibilities include bespoke analysis for the client facing teams and quantitative support for the local product group. Before that, Bruce worked at State Street Global Advisors and held several roles including product engineer, portfolio specialist and portfolio manager. Bruce holds a Master’s degree in Economics from the University of Hong Kong and a Bachelor of Arts from Peking University. He is a CFA Charter holder and is a member of CFA Institute and the Hong Kong Society of Financial Analysts. View More Hide 12 APR, SAT 3:00 PM - 3:30 PM SGT

Societe
Generale

Mr. Marcus Ng

11 APR, SAT 5:30 PM - 6:00 PM SGT Marcus Ng leads the Cross Asset Listed Products Distribution for Societe Generale in Singapore. He is responsible for the issuance, product management, and distribution of Societe Generale’s listed structured products shelf in Singapore. He is focused on developing the Daily Leverage Certificates that have been listed in Singapore since 2017 while actively supporting the launch of Structured Certificates in 2023..., both a first of its kind in Asia.

Marcus leverages on the team’s extensive experience growing the Warrants and Callable Bull/Bear Contracts (CBBCs) offering in Hong Kong over the last decade and his own experience from his prior role at the SGX where he spent seven years managing the structured products listed on the securities market to drive innovation and develop the local listed structured products market to meet investors’ diverse needs. View More Hide 11 APR, SUN 3:30 PM - 6:00 PM SGT

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Past Strategy & Stock Picks

Review our previous quarterly sessions and their market performance

+8.5%

Strategic & Stock Picks Q1 2026

January 15, 2026

Key Highlights

• Tech sector recovery strategies
• Asian market opportunities
• Portfolio rebalancing tactics

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Q4 2025

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October 12, 2025

• Global economic outlook
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July 18, 2025

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April 20, 2025

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Already A Customer? These Are For You

Thank You For The 50 Years Together

Open An Account Welcome Gifts Campaign (10 Mar - 10 Jun 2026)

Start Your Investment Journey with Welcome Gifts

Unlock up to S$200 in Stock Coupons, Plus More Rewards!

TOTAL REWARDS VALUE
Up to S$1,000 Open An Account

Start Trading CFDs Today

Get S$50 Cash &
0% Commission

Unlock the potential of CFD trading with our exclusive promotion! Trade US CFDs with 0 commission for 30 days and receive S$50 cash credits.

Open An Account

Let Your Investment Journey Begin with Confidence

Get Support From Our Equity Specialists, Research Analysts, and Join Our Vibrant Community of Investors

Free Live Pricing &

SGX Market Depth

Stay ahead with real-time market data and comprehensive trading information at no cost

0% Sales Charge on

Unit Trust

Invest in unit trusts without any sales charges and maximize your returns

0 US Commission for

30 Days

Trade US Stocks with 0 Commission for the first 30 days after Account Opening

How to Qualify for Rewards

Meet These Simple Requirements to Unlock Your Welcome Gift Rewards

New to POEMS

Be a New Customer to

Phillip Securities Pte Ltd

Opt into SMART Park

Within 14 days of Account Opening

Open Cash Plus Account

Or Referred Cash Management Account

Unlock Bigger Rewards as You Invest More

Choose Your Funding Tier and Enjoy Attractive Stock Coupons to Boost Your Portfolio

TIER 1

S$50

Total US/SG Stock Coupons

S$10 × 5 coupons

Fund within 14 days - S$3,000 Hold Periods - 30 Days Coupon Expiry - 90 Days

TIER 2

S$200

Total US/SG Stock Coupons

S$20 × 10 coupons

Fund within 14 days - S$10,000 Hold Periods - 30 Days Coupon Expiry - 90 Days OPEN AN ACCOUNT

Get Up To S$200 Worth of Stock Coupons

0 US Commission
for 30 days

Enjoy Free Live Pricing and SGX Market Depth

0% 

 Sales Charge

on Unit Trusts

Get Up To S$200 Worth of Stock Coupons

0 US Commission for 30 days

Enjoy Free Live Pricing and SGX Market Depth

0%

Sales Charge on

Unit Trust

OPEN AN ACCOUNT

🚀 Take Your Trading Further with CFD

Ready to Explore More Ways to Trade? Activate Your CFD Account Today and Enjoy Additional Welcome Gift Rewards Designed to Maximise Your First 30 Days!

How to Qualify

1

2

3

4

Opt-in to CFD

Reward :
0 US Equity CFD Commission for 30 days 

Fund at least S$3,000 within 14 days of CFD Account Opening 

Hold the funds for at least 30 days from Account Opening

Execute at least 3 eligible CFD Trades within 60 days of Account Opening

🚀 Take Your Trading Further with CFD

Ready to Explore More Ways to Trade? Activate Your CFD Account Today and Enjoy Additional Welcome Gift Rewards Designed to Maximise Your First 30 Days!

1

Opt-in to CFD

Reward :
0 US Equity CFD Commission for 30 days 

2

Fund at least S$3,000 within 14 days of CFD Account Opening 

3

Hold the funds for at least 30 days from Account opening

4

Execute at least 3 eligible CFD Trades within 60 days of Account opening

OPEN CFD ACCOUNT

Calling All Young Investors Out There!
Join POEMS & Enjoy Exclusive Benefits Designed Just for You!
*Aged 18 to 25 Years Old

1.

Open Your POEMS Account and Opt-in to SMART Park to Grow Your Idle Cash

2.

Opt-in to Fractional Share & Enjoy your 5 Free Monthly Trades

LEARN MORE

3.

Open & Fund with SMART Portfolio to Enjoy a 6-months Fee Waiver

LEARN MORE

Already A Customer? These Are For You

Thank You For The 50 Years Together

Frequently Asked Questions

I am an existing Customer of Phillip Securities Pte Ltd (PSPL) and do not own a Cash Plus Account. Am I eligible for the Welcome Gifts if I open a new Cash Plus Account within the promotion period?

No, only Customers who are new to PSPL and have opened a Cash Plus Account within the promotion period are eligible.

When will I receive the Account Opening Rewards upon successful Account opening?

The following rewards will be automatically activated upon successful account opening:

1. 1. 0% Sales Charge on Unit Trusts
   2. Free Live Prices for SGX & US (Asian Hours)
   3. SGX Enhanced Market Depth access

For the Zero US Commission Reward, it will be activated within 5 working days upon successful Account opening. You will receive an email notification once it has been activated.

For Free Live Prices for US (NASDAQ, NYSE, AMEX), and US Options, you will be required to activate the feature on POEMS 2.0 Web and/or POEMS Mobile 3 App.

• Login to POEMS 2.0 web > ‘Market Data & Rewards’ > ‘New Subscriptions’ > tick the boxes for the Live Prices > complete the subscriber agreement and submit > click ‘Submit New’ > Enter your password for confirmation. 
• Login to POEMS Mobile 3 App > Me Tab > Market Data under Forms section > Subscribe US (AMEX, NASDAQ, NYSE), and US Options.

1.  

Will I be eligible for the Tier 1 Fund Reward if I make an initial deposit of S$1,000 and top up S$2,000 within 14 days from the Account opening date?

Yes. You will be eligible to receive the Tier 1 Fund Reward if your combined deposits total at least S$3,000 within 14 days of Account Opening and provided that you also hold the funds for at least 30 days from the date of funding without withdrawal or transferring.

When will I receive the Stock Coupons upon fulfilling the requirements?

The Stock Coupons can be redeemed upon receiving the email notification and/or App notification. To receive your Stock Coupons, please login to the POEMS Mobile 3 App and navigate to ‘Me’ Tab > ‘Rewards’ to redeem and execute the eligible trade within the simulated time period as stated in the coupon.

Terms & Conditions

T&Cs for Welcome Gifts:

1. Eligibility criteria:
   
   1. Customers who open a Cash Plus Account, opt-in to Excess Funds Management Facility (SMART Park), and are new to Phillip Securities Pte Ltd (“PSPL”) from 10 March 2026 to 10 June 2026.
   2. Customers who do not opt-in to Excess Funds Management Facility (SMART Park) within 14 days of Account Opening will not be eligible to receive the Welcome Gifts.
2. Rewards:
   
   1. Account Opening:
      
      1. Zero US Commissions for 30 days
      2. 0% Sales Charge on Unit Trust
      3. Free Live Prices for SGX and US Asian Hours
      4. Free Live Prices for US (NASDAQ, NYSE, AMEX), MY (BURSA), TH (SET), and US Options for non-professionals. Please opt in here.
      5. Free SGX Enhanced Market Depth Access until 30 November 2026.
   2. Fund:
      
      1. Fund at least S$3,000 within 14 days of Account opening (“Initial Capital”) and hold the funds for at least 30 days to redeem
         
         • S$10 x 5 Stock Coupons
      2. Fund at least S$10,000 within 14 days of Account opening (“Initial Capital”) and hold the funds for at least 30 days to redeem
         
         • S$20 x 10 Stock Coupons
   3. Initial Capital must remain in the Account for at least 30 days. It can be used for BUY trades, but it cannot be withdrawn or transferred.
   4. The deposit must be fresh cash funds transferred from the Customer’s bank account, and does not include funds transferred within PSPL Accounts, cash dividends, sales proceeds or Account credit transactions.
   5. Customers must ensure that their Net Cumulative Deposit amount does not fall under S$3,000/S$10,000 to be eligible for the Fund Reward for the tier respectively.
   6. Net Cumulative Deposit refers to accumulated deposit amount, calculated from the day the Customers make and maintain their initial deposits for 30 days. Capital gains and losses are excluded.
   7. The calculation of Net Cumulative Deposit is done daily. All withdrawals made during the holding period will reduce the Customers’ daily Net Cumulative Deposit. 
   8. Once the daily Net Cumulative Deposit falls below S$3,000, the Customer will no longer receive any Rewards. If the daily Net Cumulative Deposit falls below S$10,000 but remains at or above S$3,000, the Customer will only be eligible for Tier 1 Reward.
3. Activation and Crediting of Rewards
   1. 1. Account Opening Rewards:
         
         1. Zero US Commissions for 30 days
            1. Only applicable to ONLINE trades through POEMS’ suite of platforms.
            2. Exchange fee, other charges, and GST are payable by Customers.
            3. Eligible Customers will be awarded the Zero US Commission reward within 3 working days upon Account Opening. 
            4. Customers will receive an email notification once the Zero US Commission has been activated on their Account.
            5. PSPL will not be liable to compensate for any commission charges incurred on US trades prior to the activation of the Zero Commission reward.
         2. 0% Sales Charge on Unit Trust will be granted upon Account opening.
         3. Free Live Prices for SGX and US Asian Hours will be granted upon Account opening.
         4. Free Live Prices for US (NASDAQ, NYSE, AMEX) and US Options for non-professionals.
            1. Login to POEMS 2.0 web > ‘Market Data & Rewards’ > ‘New Subscriptions’ > tick the boxes for the Live Prices > complete the subscriber agreement and submit > click ‘Submit New’ > Enter your password for confirmation. 
            2. Login to POEMS Mobile 3 App > Me Tab > Market Data under Forms, section > Subscribe US (NASDAQ, NYSE, AMEX), MY (BURSA), TH (SET), HK (HKEX), and US Options
         5. Free subscription for SGX Enhanced Market Depth Access would be granted automatically.
      2. Tier 1 or 2 Fund Reward:
         
         1. Customers are required to download and login to POEMS Mobile 3 App within 30 days of Account Opening, in order to receive Tier 1 or 2 Fund Reward, once they have fulfilled the requirements.
         2. Customers must claim the Tier 1 or 2 Fund Reward and execute the eligible trade/s on POEMS Mobile 3 App within 90 days of becoming eligible. Failure to do so, will result in forfeiture of the Reward/s.
         3. The Coupon will expire 90 days from the date of issuance. 
         4. Once redeemed, the Coupon cannot be reissued.
         5. Eligibility Criteria: 
            1. BUY stocks only
            2. US and Singapore Markets only
            3. Cash trades only
            4. Online trades only
            5. A minimum contract value of US$100 / S$100
         6. This Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
         7. Once activated, the Coupon cannot be deactivated or reissued.
         8. This Coupon will be automatically applied to the first successful eligible trade executed, after activation and before its expiry.
         9. The rebate, up to the contract value, will be credited to the eligible Account within 5 working days following the successful eligible trade.
         10. If the Coupon is not activated and/or a successful eligible trade is not executed within the validity period, the Coupon will be forfeited, and no rebate will be issued.
         11. If multiple Stock Coupons are active, the one with the  nearest expiration date will be used up first by default. If the Coupons have the same expiry date, the Coupon that was activated first by the Customer will be used by default.
         12. If the Customer holds multiple trading Accounts, the Account performing the first successful eligible trade will receive the rebate, regardless which Account the Coupon was activated in. For example, a Customer has two Accounts, Account A and Account B. The Customer activates the Coupon in Account A, but later performs a successful eligible trade using Account B. In this case, Account B will be awarded the rebate.
4. This Promotion is not applicable to:
   
   1. Cash Account(s)
   2. Joint Account(s)
   3. PSPL institutional Customers and corporate Customers
   4. PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff, Trading Representatives and Financial Adviser Representatives.
5. By redeeming this item, you acknowledge that you have read and consented to these Terms and Conditions.
6. Phillip Securities Pte Ltd (“PSPL”) reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all Customers shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all Customers.
7. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
8. By redeeming this item from your Rewards page, you acknowledge that you have read and consented to these Terms and Conditions.
9. Days refer to calendar days.
10. The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
    
    1. Customers who have any existing Accounts with PSPL
    2. Customers who have closed any Accounts with PSPL before
    3. Corporate Accounts and Joint Account holders
    4. All employees of PSPL’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).
11. This advertisement has not been reviewed by the Monetary Authority of Singapore.

CFD Terms & Conditions

1. The Promotion will run from 10 March 2026 to 10 June 2026, both dates inclusive (“Promotion Period”). 
2. Customers who open a POEMS CFD Account (“Eligible Account”) during the promotion period, and do not have any existing POEMS CFD Account(s) with Phillip Securities Pte Ltd (“PSPL”) 
3. 0 Commission for US Equity CFD Trading Rewards 
   • Eligible Accounts will be awarded 0 commission on US Equity CFD trades for 30 days. 
   • Only applicable to ONLINE trades executed through POEMS’ suite of platforms. (Excluding POEMS CFD MT5) 
   • Customers will receive an email notification once the 0 Commission for US Equity CFDs has been activated for their Account. 
   • The 0 Commission for US Equity CFDs will be valid for 30 days from the date of activation. 
   • PSPL will not be liable to compensate for any commission charges incurred on US equity CFD trades prior to the activation of the 0 Commission Reward. 
   • Overnight financing charges and other prevailing charges are still applicable. 
4. Fund and Trade Reward 
   • Eligible Account will need to make an initial deposit of S$3,000 or more within 14 days of Account opening (“Initial Capital”), hold the funds for at least 30 days, and execute at least 3 Eligible Trades within 60 days from Account opening (“Qualifying Trade Period”) to receive S$50 in Cash Credits. 
   • An “Eligible Trade” refers to any CFD trade that is not a liquidation trade. 
   • Only applicable to ONLINE trades executed through POEMS’ suite of platforms (Excluding POEMS CFD MT5) 
   • Initial Capital must remain in the CFD Account for at least 30 days. It can be used for trading but cannot be withdrawn or transferred. 
   • Amalgamated trades (BUY and Sell trades of the same counter for the same market done on the same trading day) are considered as one trade. 
   • Your Account must have more than S$0 by the end of the 60 days after Account opening. 
   • If you have more than one Account, only the Account with most Eligible Trades will be eligible for the Reward.   
   • The Cash Credit will be posted to your Account within 60 days after the end of the Qualifying Trade Period. The Fund & Trade Reward is limited to the first 1,000 Eligible Accounts who meet the funding and trading criteria.  
5. The following Customers are NOT eligible to participate in this promotion unless approved by the management of PSPL:   
   1. Customers who have any existing CFD Accounts with PSPL.  
   2. Customers who have closed any CFD Accounts with PSPL before.  
   3. Corporate Accounts and Joint Account holders. All employees of PSPL and its associated entities, subsidiaries and partners (e.g. trading representatives, financial advisor representatives, other contractual representatives etc.) and their immediate families (e.g. spouse and children).   
6. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Reward. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final. 
7. Days refer to calendar days. 
8. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, 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. This promotion is intended for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the product mentioned. It does not have any regard to your specific investment objectives, financial situation or particular needs. Investments are subject to investment risks. The risk of loss in leveraged trading can be substantial and you could lose in excess of your initial funds. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. You may wish to obtain advice from a financial adviser before investing in any investment products. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.phillipcfd.com) before trading in this product. 
10. This advertisement has not been reviewed by the Monetary Authority of Singapore. 
11. By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions, and Disclaimers. 

Trade Daily Leverage Certificates (DLC) & Structured Warrants with

No Minimum Commission

From 2 March 2026

Trade Now

What is a DLC?

A Daily Leverage Certificate (DLC) is a form of structured financial instrument issued by banks and traded on the securities market. DLCs offer investors fixed leverage of 3 to 7 times the daily performance of an underlying index, be it a rising or falling market. The basic principle is simple – if the underlying index moves by 1% from its closing price of the previous trading day, the value of the 3x DLC will move by 3%.

SGX is Asia’s first venue to offer trading in DLCs, allowing investors to gain fixed leveraged exposure to developed Asian market indices and single stocks. This comes without the features impacting pricing for options such as implied volatility, time decay or margin calls.

DLCs were first introduced in Europe in 2012, where they are also called constant leverage products or factor certificates. They received wide interest from investors in Europe shortly after their launch.

Why Trade DLCs?

What is a Structured Warrant?

Similar to options, warrants give the holder the right but not the obligation to purchase securities from the issuer at a specific price within a certain time frame. Warrants are a form of derivative – that is, they derive their value from another underlying/reference instrument. These instruments are usually shares and ETFs.

Warrants as financial instruments evolved over time and expanded their ranges, making it harder to specifically define characteristics of all warrants. But one thing for sure is that warrants cover a wide spectrum of risk-return profiles and have diverse investment objectives to meet.

Why Trade Structured Warrants?

Your Potential Savings At A Glance

Example 1: Customer invests S$3,000 in a DLC that has a price of $1.00 per share.

	Cash Management Account		Cash Plus Account
	Before 02/03/2026*	Now
SGX-listed DLC traded price	S$1.00	S$1.00	S$1.00
Quantity Purchased	3,000 units	3,000 units	3,000 units
Gross Amount	S$3,000	S$3,000	S$3,000
Commission	S$25 (Fees calculated at 0.28% or minimum S$25, for Cash Management Account with contract value below S$50,000)	S$8.40 (0.28% x $3,000) (Fees calculated at 0.28%, for Cash Management Account with contract value below S$50,000)	S$2.40 (0.08% x $3,000) (Fees calculated at 0.08%, for Cash Plus Account: Starter tier)
Commission Saved		S$16.60

Example 2: A customer invests S$300 in a Structured Warrant priced at S$0.10 per share.

	Cash Management Account		Cash Plus Account
	Before 02/03/2026*	Now
SGX-listed Structured Warrants traded price	S$0.10	S$0.10	S$0.10
Quantity Purchased	3,000 units	3,000 units	3,000 units
Gross Amount	S$300	S$300	S$300
Commission	S$25 (Fees calculated at 0.28% or minimum S$25, for Cash Management Account with contract value below S$50,000)	S$0.84 (0.28% x S$300) (Fees calculated at 0.28%, for Cash Management Account with contract value below S$50,000)	S$0.24 (0.08% x $300) (Fees calculated at 0.08%, for Cash Plus Account: Starter tier)
Commission Saved		S$24.16

*Online commission shown does not include any promotional discounts.

Note: The above examples do not include Exchange Fee and GST.

For pricing of other account types, please refer here.

Don't have an Account yet?

Open an Account Now

Alternatively, visit any of our Phillip Investor Centres or contact your trading representatives.

Frequently Asked Questions

What are the benefits of trading DLCs?

As a leverage product, Daily Leverage Certificates (DLC) give investors increased exposure to an underlying asset with the potential for higher returns. The leverage of a DLC can be 3, 5 or 7 times. Based on 5x leverage, if the underlying asset, typically a single stock or index, moves 2% in favour from its previous closing price, you earn a 10% gain on the DLC (2% * 5 = 10%). However, if the underlying asset moves in the direction against your position, you could experience a -10% loss.

How do I identify if the DLC listed is issued by Societe Generale/UBS AG?

You can identify the Issuer by the name of the DLC. Let’s use the counter Tencent for example. One of the Tencent DLCs issued by Societe Generale is Tencent 5xLongSG270930.

PSJW	Counter Code
Tencent (0700.HK)	Underlying
5x	Leverage Factor
Long	Long/Short
SG	Issuer (SG = Societe Generale)
270930	Expiry Date (YYMMDD)

As for DLCs issued by UBS AG, the name of the DLC will include ‘UB’ instead of ‘SG’. For example, a Tencent DLC issued by UBS AG is Tencent 5xLongUB270831.

8ZJW	Counter Code
Tencent (0700.HK)	Underlying
5x	Leverage Factor
Long	Long/Short
UB	Issuer (UB = UBS AG)
270831	Expiry Date (YYMMDD)

Does this promotion apply to existing Customers?

Yes, this promotion is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).

Terms & Conditions

T&Cs for “No Minimum Commission for Daily Leverage Certificates (DLC) and Structured Warrants”

1. No Minimum Commission rates for Daily Leverage Certificates (“DLCs”) and Structured Warrants are applicable for all POEMS Trading Accounts from 2 March 2026 onwards. For standard rates, please refer to the respective account pricing.

2. This promotion is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).

3. Eligibility Criteria for the promotion:

• Cash & SRS Trade only
• Online trade only
• Only trades in Daily Leverage Certificates (DLC) and Structured Warrants are eligible
• BUY or SELL Trades of the same counter listed on SGX, executed on the same trading day via POEMS Trading Platforms, using the same payment mode (cash/SRS) and under the same Account, are considered as one trade. This is because only one commission is charged for such trade orders. Please refer HERE for more information.

4. The following persons are not eligible to participate in those promotions unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):

• PSPL institutional Customers and corporate Customers 
• PSPL Account holders whose Accounts have been suspended, cancelled or terminated 
• All employees of PSPL and its associated entities; PSPL and all its subsidiaries 

5. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all participants.

6. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.

7. By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.

8. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Earn Up To S$300 Monthly
When You Trade
Singapore Depository Receipts!

The more you trade, the more you earn!

Earn Up To S$300 Monthly When You Trade Singapore Depository Receipts!

Get Rewarded Up to S$300 Cash Credits For Active Traders!

From 2 Mar 2026 to 30 Apr 2026

From 2 Mar 2026 to 30 Apr 2026

Monthly Traded Incentives

For a limited time, be rewarded with Cash Credits when you hit the qualifying trading tiers!

For a limited time, be rewarded with Cash Credits when you hit the qualifying trading tiers!

Monthly Traded Incentives for Active Traders

Monthly Traded Value (S$)	Cash Credit (S$)
>S$500,000 – S$750,000	S$100
>S$750,000 – S$1,000,000	S$150
>S$1,000,000 – S$1,500,000	S$200
>S$1,500,000	S$300

Monthly Traded Value (S$)	Cash Credit (S$)
S$500,000 – S$750,000	S$100
S$750,001 – S$1,000,000	S$150
S$1,000,001 – S$1,500,000	S$200
S$1,500,001 and above	S$300

Eligibility

• Only trades in SDR (Singapore Depositary Receipts) listed on SGX are eligible
• Online and offline trades qualify
• Cash Trade only
• Both Buy and Sell trades are applicable
• The Monthly Traded Value is the cumulative amount for that month

Trade SDRs with No Minimum Commission!

TRADE NOW

Claim your S$10 SDR Coupon on POEMS Mobile 3 App Rewards

Valid to redeem and trade from now till 31 Jul 2026

Claim your S$10 SDR Coupon on POEMS Mobile 3 App Rewards​

Valid to redeem and trade from now till 31 Jul 2026

Eligibility

• Redeemable with FIVE POEMS Coins on POEMS Mobile 3 App Rewards
• Applicable for BUY Trades only
• Successful trade refers to the purchase of any SDR (Singapore Depository Receipts) listed on SGX
• Each Client is only eligible to redeem one S$10 SDR Coupon per month using POEMS coins during the Promotion period

Scan the QR Code to Redeem the S$10 SDR Coupon!

REDEEM NOW

Frequently Asked Questions

Am I required to register first before I participate in the Monthly Traded Value Incentives promotion? 

No, registration is not required. Your Account will be automatically tracked when you execute eligible trades during the campaign period.

Can the Monthly Traded Value in excess of S$1.5 million be carried forward to the next month?

No, the cumulative traded value in excess of S$1.5 million cannot be rolled over to the next month.

When will the Cash Credits be credited into my account?

Eligible participants will receive the Cash Credit into their Account within 30 days following the end of the respective month.

I am a Cash Trading Account holder. Am I eligible to enjoy this promotion? 

No, Cash Trading Account holders are not eligible for this promotion. You may consider opening an eligible Account type or converting your Cash Trading Account to a Cash Management Account.

Which account types are not eligible for this promotion?

• Closed Account with PSPL during the promotion period
• Cash Account(s)
• Joint Account(s)
• PSPL institutional Customers and corporate Customers
• PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff, and Financial Adviser Representatives.

Terms & Conditions

T&Cs

1. This promotion is valid from 2 March 2026 to 30 April 2026, and is open to new and existing Customers and Trading Representatives of Phillip Securities Pte Ltd (“PSPL”). 
2. Promotion Details:
   
   • Monthly Traded Incentive Promotion:
     • Receive the corresponding amount of Cash Credits for the respective tier of Monthly Traded Value met for that month:
       • Tiers:
         

         Monthly Traded Value (S$)	Cash Credit (S$)
         S$500,000 – S$750,000	S$100
         S$750,001 – S$1,000,000	S$150
         S$1,000,001 – S$1,500,000	S$200
         S$1,500,001 and above	S$300

       • Eligibility:
         • Only trades in SDR (Singapore Depositary Receipts) listed on SGX are eligible
         • Online and offline trades qualify
         • Cash Trade only
         • Both Buy and Sell trades are applicable
         • The Monthly Traded Value is the cumulative amount for that month
       • Crediting of Rewards:
         • Eligible participants will receive the Cash Credit into their Account within 30 days following the end of the respective month.
   • S$10 SDR Coupon:
     • Please kindly refer to https://www.poems.com.sg/sdr-coupon/
3. Phillip Securities Pte Ltd (“PSPL”) reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all Customers shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all Customers.
4. PSPL and its affiliates and their respective employees and agents shall not be liable to any person for any loss, damage, injury, costs or expenses incurred, suffered, borne or arising from this promotion.
5. By participating in this campaign, you acknowledge that you have read and consented to these Terms and Conditions.
6. Days refer to calendar days.
7. The following Customers are NOT eligible for this promotion unless approved by the management of PSPL:
   • Closed Account with PSPL during the promotion period
   • Cash Account(s)
   • Joint Account(s)
   • PSPL institutional Customers and corporate Customers
   • PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff and Financial Adviser Representatives.
8. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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