Why choose POEMS for Options transfer?
No Platform Fee
Frequently Asked Questions
No, if the commission comes up to only US$2.88 (S$3.90), you will only be eligible for a US$2.88 (S$3.90) Commission Rebate.
There is no limit to the number of Option trades you can transact until 29 December 2023. Do note that the Cash Rebate is up to a maximum of S$188.
No, this promotion applies only to US Options trades.
No, this promotion is applicable only to TD Ameritrade clients who have made transfers from TD Ameritrade Singapore to Phillip Securities.
No, existing Phillip Securities Customers are also eligible for the promotion as long as they transfer in their stocks from TD Ameritrade Singapore.
The exchange rate used for converting the US$-denominated commission will be the market rate determined on 29 Dec when the promotion ends.
For further Option FAQs, please refer to here.
Terms & Conditions
- This promotion will award Eligible Customers with up to S$188 Cash Credit for the commission incurred from trading US Stock Options from 25 September to 29 December 2023.
- Eligible Criteria are as follows:
- must have an existing Account with Phillip Securities (PSPL), namely Cash Plus, Margin (M), Custodian (C), Prepaid (CC), Cash Management (KC) and Share Financing (V) Accounts
- must transfer stocks from TD Ameritrade Singapore (TDA) to PSPL from 25 September 2023 to 29 December 2023.
- Commission Rebate is capped at S$188 per Eligible Customer, regardless of the number of Eligible Accounts.
- Commission Rebate will be credited as Cash Credit to the Eligible Accounts by 31 Jan 2024.
- Customers will be required to pay the prevailing Exchange Fee, the associated GST and any other related fees.
- The following Customers are not eligible for this promotion, unless approved by the management of “PSPL”:
- PSPL institutional customers and corporate customers
- PSPL Account holders whose Accounts have been suspended, cancelled or terminated
- PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff, Trading Representatives and Financial Adviser Representatives including their spouse and direct family members.
- In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
- 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.
- By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.
Don’t miss this opportunity!
Don’t miss this opportunity!