OPEN ACCOUNT
OPEN ACCOUNT

Campaign Period: 18 May 2026 to 31 July 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 Macquarie Warrants Coupon via the POEMS Mobile 3 App Rewards section to receive S$30 in Cash Credit.*

*T&Cs Apply.

Scan the QR code to redeem your S$30 Macquarie Warrants Coupon.

Redeem Now

Step 3

Trade a cumulative value of S$150,000 by 30 July to qualify for S$150 Cash Credit.*

*T&Cs Apply
Trade Now

Why Trade Structured Warrants?

Leverage Exposure

Structured Warrants provide 5x to 20x leverage on the daily performance of the underlying index. A 1% move in the underlying may result in approximately 5% to 20% movement in the warrant, depending on gearing.

Limited Downside

Structured Warrants limit downside risk to the initial investment, as there are no margin calls. This allows investors to benefit from leveraged upside while keeping potential losses capped.

Low Capital Outlay

Structured warrants are typically priced at around S$0.10–S$0.20, compared to shares which may require higher capital investment. This allows investors to gain exposure to blue-chip shares at a fraction of the share price.

Diversification

Structured warrants provide exposure to a range of sectors, industries, or regions without direct ownership of the underlying securities.

Trade with No Minimum Commission Fee

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

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

 Cash Management AccountCash Plus Account
 Before 02/03/2026*Now 
SGX-listed Structured Warrants traded priceS$0.10S$0.10S$0.10
Quantity Purchased3,000 units3,000 units3,000 units
Gross AmountS$300S$300S$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

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

You can identify the Issuer by the name of the Warrant. Let’s use the Alibaba Call Warrant for example: Alibaba MB eCW260804 (V8ZW)

Counter Code: V8ZW

Underlying asset: Alibaba

Issuer (MB = Macquarie Bank)

Expiry Date (YYMMDD): 260804 – 2026 Aug 04

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.

To redeem the S$30 Macquarie Warrants 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$30 Macquarie Warrants 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$30 Cash Credit will be credited to your Account within one (1) month after the campaign end date of 31 July 2026.

Terms & Conditions

  1. This promotion is valid from 18 May 2026 to 31 July 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
  2. Promotion Details:
  • Trade Macquarie Warrants with a total buy value of minimum S$150,000 to receive S$150 in Cash Credit.
    • Eligibility:
      • BUY trades only
      • SGX listed Macquarie Warrants
      • Cash trades only
      • Online trades only
      • Accounts used for trading of Macquarie Warrants must be either Cash Plus, Margin (M), Custodian (C), Prepaid Custodian (CC), Cash Management (KC) and/or Share Financing (V) Accounts.
      • BUY Trades of the same counter listed in SGX, that are placed on the same trading day on POEMS Trading Platforms using the same payment mode (cash or SRS) with the same Account, are considered as one trade. This is because we only charge one commission for such trade orders. Please refer HERE for more information.
    • Crediting of Rewards:
      • The S$150 Cash Credit will be credited to the eligible Account within the month of August 2026 after the completion of Successful Trades.
      • “Successful Trades” refer to BUY trades of SGX-listed Macquarie Warrants that are successfully executed and settled within the Promotion Period. Trades that are cancelled, rejected, or not successfully settled will not be eligible.
      • Each customer is eligible to receive the S$150 Cash Credit once only during the Promotion Period.
      • The Cash Credit is to be provided to the first 50 eligible clients of PSPL who invest during the promotion period.
      • PSPL reserves the right to verify eligibility and trading activity before crediting the cash reward.
      • Phillip Securities Pte Ltd (PSPL)’s determination of eligibility for the S$150 Cash Credit shall be final and binding.
  1. This Promotion is not applicable to
    • Cash Account(s)
    • Joint Account(s)
    • PSPL institutional Customers and corporate Customers
  1. 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.
  2. 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.
  3. By participating in this promotion, you acknowledge that you have read and consented to these Terms and Conditions.
  4. This advertisement has not been reviewed by the Monetary Authority of Singapore.
  1. This promotion is valid from 18 May 2026 to 31 July 2026, and is open to new and existing Customers of Phillip Securities Pte Ltd (“PSPL”).
  2. Eligibility Criteria:
    • BUY trades only
    • SGX listed Macquarie Warrants only
    • Cash trades only
    • Online trades only
  3. This Coupon, exchangeable with one POEMS Coin, can be redeemed for a $30 Cash Credit upon completion of a successful eligible trade.
  4. The availability of this Coupon listed on the POEMS Mobile 3 Reward Shop will be on a first come first serve basis.
  5. Each Customer is only eligible to exchange one S$30 Macquarie Warrants Coupon using one POEMS coin during the Promotion period.
  6. The one POEMS Coin used to exchange for this Coupon will not be refunded once the Coupon is exchanged.
  7. This Coupon is valid for one-time use only and is non-refundable, non-transferable, and cannot be exchanged for cash.
  8. This coupon will expire on 31 July 2026, 6 P.M. (GMT+8). You are required to redeem the Coupon and execute the eligible trade within the Coupon eligibility period.
  9. Once activated, the Coupon cannot be deactivated or reissued.
  10. This Coupon will be automatically applied to the first successful eligible trade executed, after the Coupon activation and before its expiry.
  11. The S$30 rebate, up to the contract value, will be credited to the eligible Account within the month of August 2026 after the completion of a Successful Trade.
  12. 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.
  13. If the Customer holds multiple trading Accounts, the Account that performs the first successful eligible trade will receive the S$30 rebate, regardless of which Account the Coupon was activated in. For example: Customer has Account A and Account B. Customer redeems 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$30 rebate.
  14. This Promotion is not applicable to
    • Cash Account(s)
    • Joint Account(s)
    • PSPL institutional Customers and corporate Customers
  1. 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.
  2. 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.
  3. By redeeming this Coupon, you acknowledge that you have read and consented to these Terms and Conditions.


IMPORTANT INFORMATION

This material is provided by Phillip Capital Management (S) Ltd (“PCM”) for general information only and does not constitute a recommendation, an offer to sell, or a solicitation of any offer to invest in any of the exchange-traded fund (“ETF”) or the unit trust (“Products”) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You should read the Prospectus and the accompanying Product Highlights Sheet (“PHS”) for key features, key risks and other important information of the Products and obtain advice from a financial adviser (“FA“) pursuant to a separate engagement before making a commitment to invest in the Products. In the event that you choose not to obtain advice from a FA, you should assess whether the Products are suitable for you before proceeding to invest. A copy of the Prospectus and PHS are available from PCM, any of its Participating Dealers (“PDs“) for the ETF, or any of its authorised distributors for the unit trust managed by PCM.  

An ETF is not like a typical unit trust as the units of the ETF (the “Units“) are to be listed and traded like any share on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing on the SGX-ST does not guarantee a liquid market for the Units which may be traded at prices above or below its NAV or may be suspended or delisted. Investors may buy or sell the Units on SGX-ST when it is listed. Investors cannot create or redeem Units directly with PCM and have no rights to request PCM to redeem or purchase their Units. Creation and redemption of Units are through PDs if investors are clients of the PDs, who have no obligation to agree to create or redeem Units on behalf of any investor and may impose terms and conditions in connection with such creation or redemption orders. Please refer to the Prospectus of the ETF for more details.  

Investments are subject to investment risks including the possible loss of the principal amount invested. The purchase of a unit in a fund is not the same as placing your money on deposit with a bank or deposit-taking company. There is no guarantee as to the amount of capital invested or return received. The value of the units and the income accruing to the units may fall or rise. Past performance is not necessarily indicative of the future or likely performance of the Products. There can be no assurance that investment objectives will be achieved.  

Where applicable, fund(s) may invest in financial derivatives and/or participate in securities lending and repurchase transactions for the purpose of hedging and/or efficient portfolio management, subject to the relevant regulatory requirements. PCM reserves the discretion to determine if currency exposure should be hedged actively, passively or not at all, in the best interest of the Products.  

The regular dividend distributions, out of either income and/or capital, are not guaranteed and subject to PCM’s discretion. Past payout yields and payments do not represent future payout yields and payments. Such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value (“NAV”) of the Products. Please refer to <www.phillipfunds.com> for more information in relation to the dividend distributions.  

The information provided herein may be obtained or compiled from public and/or third party sources that PCM has no reason to believe are unreliable. Any opinion or view herein is an expression of belief of the individual author or the indicated source (as applicable) only. PCM makes no representation or warranty that such information is accurate, complete, verified or should be relied upon as such. The information does not constitute, and should not be used as a substitute for tax, legal or investment advice.  

The information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject PCM to any registration or licensing requirement in such jurisdiction or country. The Products is not offered to U.S. Persons. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the Products. Any member of the PhillipCapital Group of Companies may have acted upon or used the information, analyses and opinions herein before they have been published. 

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

 

Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
Tel: (65) 6230 8133 Fax: (65) 65383066 www.phillipfunds.com