Account TypeAccount Type
Low Cost Trading
- Low brokerage for over 11 markets
- 0% Unit Trust sales charge
- No custody fee
- Fund cash or securities prior to trading
- Trade up to 3.5x of your cash deposit
Earn on your idle funds. Return (7 Day) Annualised*: SGD 3.3648% p.a.* | USD 4.4446% p.a.* Rates updated as of 27 Nov 2023. #Based on the average rate of annualised returns over the last rolling week. Past performance is not necessarily indicative of future performance. View disclaimer
PricingPricing
| Cash Plus Brokerage rate is determined based on the previous day end’s Total Asset Value (TAV) in the Account. | Cash Management | |||
| Starter TAV : SGD 0 – SGD 29,999 | Premier SGD 30,000 – SGD 249,999 | Privilege SGD 250,000 and above | ||
| Singapore | 0.08%, No Min Comm | 0.07%, No Min Comm | 0.06%, No Min Comm | 0.28%, min SGD25 for contract value < SGD50k 0.22%, min SGD25 for contract value SGD50k – SGD100k 0.18%, min SGD25 for contract value > SGD100K |
| US | USD 3.88 Flat | USD 2.88 Flat | USD 1.88 Flat | 0.30%, min USD20 |
| Hong Kong | 0.08%, min HKD 30 | 0.06%, min HKD 20 | 0.05%, min HKD 15 | 0.25%, min HKD100 |
| Find out more about other stocks markets and offline rates and ETF information. | ||||
| Cash Plus | Cash management | |||
| Starter | Premier | Privilege | ||
| Account Maintenance Fee (SGX) | Waived1 | Waived1 | Waived | NA |
| Foreign Shares Custody Charges | Waived2 | Waived2 | Waived | Waived3 |
| Dividend Handling Fee | Applicable4 | Applicable4 | Waived | Applicable4 |
| Transfer In Fee (SGX listed Share) | For No Change in Beneficial Owner Transfer: From CDP to PSPL custody type Accounts: SGD 10 per counter (subject to GST) From other financial institutions to PSPL custody type Accounts: PSPL does not levy transfer in fees. |
NA | ||
| Transfer Out Fee (SGX listed Share) | For No Change in Beneficial Owner Transfer:
From PSPL custody type Accounts to CDP: SGD20 per counter (subject to GST) From PSPL custody type Accounts to other other financial institutions: SGD60 per counter (subject to GST) |
NA | ||
| Transfer In Fee (Foreign Share) | There will be a fee of USD50.00 for transfer fee for transfer done via Direct Registration System “DRS. Europe: USD 75 (Foreign broker fees, settled in SGD). Fees are subject to changes without prior notice. Any out-of-pocket expenses, if any will be borne by the customer. | |||
| Transfer Out Fee (Foreign Share) | SGD 100 per stock per transfer (Subjected to GST). Additional charges apply to the following markets: UK: USD 25 (Foreign broker fees, settled in SGD) JP:JPY 1,000 for the first lot, JPY 500 for every subsequent lot, up to a maximum charge of JPY 6,000 (settled in SGD) AU: USD 12 (Foreign broker fees, settled in SGD) Europe: USD 75 (Foreign broker fees, settled in SGD) | |||
| Financing Charges | SGD 6% p.a. USD 7% p.a. HKD 7% p.a. |
SGD 6% p.a. USD 7% p.a. HKD 7% p.a. |
SGD 6% p.a. USD 7% p.a. HKD 7% p.a. |
SGD 6% p.a. USD 7% p.a. HKD 7% p.a. |
| Find out other currencies’ rates in Infosheets. | ||||
| Cash Plus | Cash management | |
| Sales Charge | $0 | |
| Switching Fee | $0 | |
| Platform Fee | $0 | |
| Transfer In Fee | $05 | |
| Transfer Out Fee | $05 | |
| Singapore | Commission on Index Component Stocks: 0.128% Commission on Non-Index Component Stocks: 0.18% Minimum Commission: S$25 / US$18 / EUR$16 / GBP$14 Long Finance Charges (DR): 6.75% p.a. Short Finance Charges (DR): From 3.00% p.a. | ||
| United States | Commission: 0.18% Minimum Commission: US$15 Long Finance Charges (DR): 8.00% p.a. Short Finance Charges (DR): From 2.00% p.a. | ||
| Malaysia | Commission: 0.40% Minimum Commission: RM60 Long Finance Charges (DR): 5.50% p.a. | ||
| Learn more about our rates for the different markets | |||
| Singapore | Commission on Index Component Stocks: 0.20% Commission on Non-Index Component Stocks: 0.25% Minimum Commission: S$25 / US$18 / EUR$16 / GBP$14 Long Finance Charges (DR): 5.50% p.a. Short Finance Charges (DR): From 3.00% p.a. |
| Commission Fee | $0 | ||
| Processing Fee | $0 | ||
| Platform Fee | $0 | ||
| Custody Fee | 0.05% p.a. on market value (charged on a monthly basis for bonds cleared via Clearstream/Euroclear) $0 (for Bonds cleared via CDP) | ||
| Transfer In Fee | USD$18 per bond/instruction (into Clearstream) S$10 (subject to GST) for no change in beneficial owner transfer, from CDP to PSPL custody type Accounts |
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| Transfer Out Fee | S$100.00 + GST | ||
| RSP – Unit Trust | |||||||||
| Monthly Handling Fee | $0 | ||||||||
| Other Fees and Charges | $0 | ||||||||
| SBP | |||||||||
| *Month Handling Fees (NEW!) |
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| Dividend Handling Fees | 1%, minimum SGD1 capped at SGD50 | ||||||||
| Other Corporate actions | S$10 (subject to GST) | ||||||||
| Others |
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| Securities Borrowing | |||
| Administration Charge | SGD 20 per loan contract + GST | ||
| Borrowing Rate for Shares | From 6% p.a. minimum borrowing fee of SGD 15 applies. Interest varies between counters. Contact SBL desk at sbl@phillip.com.sg or your Trading Representative (TR) for more information. | ||
| CDP Transfer Fee | Please refer to the fee here. | ||
| Contract Settlement Fee | SGD 0.35 per contract + GST | ||
| Securities Lending | |||
| Lending rate will vary according to the counter and market demand. Shares must be on lend. | |||
| Trading Facilities | Trade online through our suite of POEMS platforms – POEMS Mobile 3, POEMS 2.0, POEMS Pro, POEMS Mobile 2.0 or through your trading representative. | ||
| Multi-Currency Facility | Settle with 10 different currencies: SGD, USD, HKD, AUD, MYR, JPY, GBP, EUR, CNY,CAD | ||
| Securities Borrowing and Lending (SBL) Facility |
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| Excess Funds Management Facility | Earn on your idle funds. SGD 0.8624% p.a.* / USD 1.0915% p.a.* SGD 0.8624% p.a.# / USD 1.0915% p.a.#Rates updated as of *Based on 1-year rolling return, NAV/NAV prices. #Based on the average rate of annualised returns over the last rolling one month. Past performance is not necessarily indicative of future performance. View disclaimer | ||
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Terms and Conditions
1 Waiver condition is at least 1 trade per quarter for the account. Otherwise, S$15.00 (subject to GST) per quarter is chargeable on Mar, Jun, Sep, and Dec month end.
2 Waived for US and HK Foreign Custody fee until 31 December 2023. Please refer to Cash Plus Account Infosheet for charges thereafter.
3 Waiver condition is 2 trades per month or 6 trades per quarter or minimum SGD132 brokerage per quarter. Otherwise. SGD2.00 per counter per month (subject to max SGD150.00 per quarter) subjected to prevailing GST is chargeable.
4 Cash Dividend: 1% on net dividend, minimum of S$1.00 and capped at S$50.00 (subject to GST) + Foreign fees and taxes (if applicable).
5 Please refer to the UT transfer in promotion page terms and conditions governing the UT transfer in promotion page; and the Unit Trust Transfer page for transfer out details.
6 Lending rate will vary according to counter and market demand. Shares must be on lend.
