Account Type

Cash Plus Account

Low Cost Trading



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.
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)
Transfer In Fee (Foreign Share) There will be a fee of USD50.00 for transfer fee for transfer done via Direct Registration System (DRS). There will be foreign broker fees of AUD 50 and courier fees of SGD 32 to transfer holdings from Issuer Sponsored to Broker (CHESS) Sponsored. Europe: USD 75 (Foreign broker fees, settled in SGD). Philippines: PHP 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) Philippines: PHP 200 + SGD 100 (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 (Clearstream / Euroclear)
USD$12 per Bond/Instruction (Non-Clearstream / Non-Euroclear)
S$10 (subject to GST) for no change in beneficial owner transfer, from CDP to PSPL custody type Accounts
Transfer Out Fee S$100.00 + GST
RSP – Unit Trust
Monthly Handling Fee $0
Other Fees and Charges $0
*Month Handling Fees (NEW!)
0.3% per annum of Total Portfolio Value (“TPV”)
Min. S$1 per month
TPV < S$40,000 Capped at S$8.88 per month
TPV ≥ S$40,000 Capped at S$5.88 per month
Dividend Handling Fees 1%, minimum SGD1 capped at SGD50
Other Corporate actions S$10 (subject to GST)
  • Transfer Out Fee SGD20
  • Failed GIRO collection charge SGD5
  • Hard Copy Statement (if Opt-Out of E-Statement) SGD2
(Subject to GST)
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 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
  • Borrow Securities for short selling
  • lend your Securities to earn up to 4% p.a.6
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 2024. 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.

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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 <> 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