Promotions
Let your assets work harder for you!
Transfer your cash or shares to your newly opened Margin (M) Account to enjoy exclusive rates*:
4.8% p.a.*

5.88% p.a.*

5.58% p.a.*

0.18% or S$25 minimum commission for Singapore listed shares
0.18% or US$20 minimum commission for US listed shares
0.18% or HK$100 minimum commission for Hong Kong listed shares
No Account Maintenance Fee and Dividend Handling Fee*
Steps to open Margin (M) Account for existing account holder
Don’t have an account?
Alternatively, visit any of our Phillip Investor Centres ot contact your trading representives.
- At least 21 years of age
- Not a U.S Person (an individual who is U.S citizen or U.S resident)
- Not a bankrupt
Singaporean/ Singapore PR/ Foreigner residing in Singapore
- Singapore Identity Card (Pink or Blue)
- Bank Account Information
- Bank Account Details (DBS/POSB/OCBC/UOB/MAYBANK) OR
- TT Details (TT Bank Name, Account Number & Currency Details)
- For mailing address which is different from your Identity Card, please provide supporting document(s) issued within the last 3 months such as:
- Telephone bills/Utility bills/Bank statement OR
- Statement from any Financial Institutions in your country OR
- Correspondence from any government bodies in Singapore
All copies of documentation has to be scanned or photographed from the original document.
Malaysian
- Malaysian Identity Card
- Bank Account Information
- Singapore Bank Account Details (DBS/POSB/OCBC/UOB/MAYBANK) OR
- TT Details (TT Bank Name, Account Number & Currency Details)
- For mailing address which is different from your Identity Card, please provide supporting document(s) issued within the last 3 months such as:
- Telephone bills/Utility bills/Bank statement OR
- Statement from any Financial Institutions in your country OR
- Correspondence from any government bodies in Malaysia or Singapore
All copies of documentation has to be scanned or photographed from the original document.
Note:
All supporting documents should be in English. Otherwise, there is a need to have each of these specific documents translated and certified by a qualified translator/translation company.
Foreigner not residing in Singapore
- Passport with at least 6 month validity
- Bank Account Information
- Singapore Bank Account Details (DBS/POSB/OCBC/UOB/MAYBANK) OR
- TT Details (TT Bank Name, Account Number & Currency Details)
- Supporting document(s) for residential address issued within the last 3 months such as:
- Telephone bills/Utility bills/Bank statement OR
- Statement from any Financial Institutions in your country OR
- Correspondence from any government bodies in your country
- For mailing address that is different from your residential address, please provide additional supporting document(s) issued within the last 3 months that reflects your mailing address.
All copies of documentation has to be scanned or photographed from the original document.
Note:
All supporting documents should be in English. Otherwise, there is a need to have each of these specific documents translated and certified by a qualified translator/translation company.
Terms & Conditions for Shares Financing, Commission Rate Promotion for new Margin Accounts:
- Promotion is applicable for new Margin (M) Accounts opened from 1 September 2023 to 31 January 2024 (both dates inclusive) (“Eligible Accounts”)
- For Eligible Accounts with financing (optional), promotional financing rate is 4.8% p.a. for SGD, 5.88% p.a. for USD and 5.58% p.a. for HKD.
- All Eligible Accounts can enjoy promotional online brokerage rates via POEMS platforms, of:
- 0.18% or S$25 minimum commission for Singapore listed shares
- 0.18% or US$20 minimum commission for US listed shares
- 0.18% or HK$100 minimum commission for Hong Kong listed shares
- Promotional rates are valid from 1 September 2023 to 31 January 2024 (both dates inclusive); thereafter prevailing rates apply.
- For new Eligible Accounts opened, Customers have to opt in for Multi-Currency Facility, Excess Funds Management Facility and the opening of a Securities Borrowing and Lending Account to be eligible for the promotion.
- After the promotional period, all Eligible Accounts will be subjected to our rate renewal exercise. During this exercise, rates will be renewed based on the prevailing interest rate environment, quality of shares in your portfolio and your trading activity.
Additional waiver for Eligible Accounts
- Waiver of Cash Dividend Handling Fee for SGX listed shares till 31 December 2023.
- Waiver of Account Maintenance Fee till 31 December 2023.
General Conditions:
- The following customers are not eligible for this promotion:
- Customers with existing Margin (M) or Share Financing (V) Accounts opened prior to 1 September 2023
- Customers who close their Margin (M) or Share Financing (V) Accounts after 1 September 2023
- Transferring of shares from existing Accounts to Eligible Accounts will be subjected to S$64.20 handling fee per counter.
- Transferring of shares out of Eligible Accounts during the period of 1 September 2023 to 31 January 2024 (both dates inclusive) will be subjected to S$64.20 handling fee per counter.
- The following persons are not eligible to participate in this promotion 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
- PSPL individual Customers with single counter value of more than 2 million
- All employees of PSPL and its associated entities (e.g. Trading Representatives, Financial Advisors); PSPL and all its subsidiaries (direct or indirect) are not eligible for this promotion.
- Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete any time of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
- By taking part in this promotion, the customer acknowledges that he/she has read and consented to these Terms & Conditions.