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 2.8285% p.a.* | USD 4.0035% p.a.* Rates updated as of 22 May 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 minimum commission | 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): 6.25% p.a. Short Finance Charges (DR): From 3.00% p.a. | ||
United States | Commission: 0.18% Minimum Commission: US$15 Long Finance Charges (DR): 6.00% 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.