Stock Brokerage Fees

Cash Plus Account

Cash Plus Account Infosheet

Asset Value


Markets

StarterPremierPrivilege
SGD 0 – SGD 29,999SGD 30,000 – SGD 249,999SGD 250,000 and above
RatesMinimumRatesMinimumRatesMinimum
Singapore0.08%, No Min Comm0.07%, No Min Comm0.06%, No Min Comm
United StatesUSD3.88USD2.88USD1.88
Hong Kong0.08%HKD300.06%HKD200.05%HKD15
China 0.12%CNH60 0.10%CNH50 0.08%CNH40
Canada 0.12%CAD18 0.10%CAD15 0.08%CAD12
Australia 0.12%AUD18 0.10%AUD15 0.08%AUD12
United Kingdom 0.12%GBP18 0.10%GBP15 0.08%GBP12
Belgium0.18%EUR200.15%EUR120.12%EUR8
France0.18%EUR200.15%EUR120.12%EUR8
Netherlands0.18%EUR200.15%EUR120.12%EUR8
Portugal0.18%EUR200.15%EUR120.12%EUR8
Japan 0.12%JPY1200 0.10%JPY1000 0.08%JPY800
Germany 0.18%EUR20 0.15%EUR12 0.12%EUR8
Malaysia 0.12%MYR30 0.10%MYR25 0.08%MYR8.80
Thailand 0.18%THB500 0.15%THB400 0.12%THB300
Indonesia 0.18%IDR250,000 0.15%IDR200,000 0.12%IDR150,000
Other Markets As published As published As published

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

Please refer to www.poems.com.sg/cash-plus for more information
MarketsRatesMinimum
Singapore
Contract Value < SGD 50k
0.50%SGD40
Singapore
Contract Value SGD 50k – 100k
0.40%SGD40
Singapore
Contract Value > SGD 100k
0.25%SGD40
US0.5%USD25
Hong Kong / Hong Kong pre-IPO0.30%HKD150
Shanghai A/ Shenzhen A0.30%CNY150
Shanghai B0.50%USD35
Shenzhen B0.50%HKD200
Taiwan0.40%TWD1000
Thailand0.75%THD750
Malaysia1.00%MYR80
Indonesia0.50%
(Additional 22,200 IDR per odd lot order)
IDR280,000
Philippines0.50%PHP1800
Japan0.60%JPY3,000
South Korea0.40%KRW20,000
Vietnam0.40%VND800,000
UK0.60%GBP35
France0.40%EUR35
Germany0.40%EUR35
Belgium/ Netherlands/ Portugal0.40%EUR35
Canada0.40%CAD35
Australia0.80%AUD60
Turkey0.35%TRY500

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

StarterPremierPrivilege
Account Maintenance Fee (SGX)Waived1Waived1Waived
Foreign Share Custody ChargesWaived2Waived2Waived
1Waiver condition is at least 1 trade per quarter for the Account. Otherwise, S$15.00 (subject to GST) per quarter is chargeable based on March, June, September and December month-end Account balance.
2Waived for US and HK Foreign Custody fee until 31 December 2027. Please refer to Cash Plus Account Infosheet for charges thereafter.
Types of servicesCharges
Cash Dividend (SGX)Applicable3Applicable3Waived
Cash Dividend (others)1% on net dividend, minimum of S$1.00 and capped at S$50.00 (subject to prevailing GST) + Foreign fees and taxes (if applicable)
Cash Offer, Rights Issue, Privatisation Exercise, Merger & Exchange, Liquidation, Redemption of Warrant, Loan Stock or Bonds, Capital Distribution, Tender SalesS$10.00 (subject to prevailing GST) + Foreign broker fees and taxes (if applicable)
Warrant ConversionS$20.00 (subject to prevailing GST) + Foreign broker fees and taxes (if applicable)
3Cash dividend handling fee is 1% on net dividend, subject to minimum S$1.00 and capped at S$50.00 (subject to prevailing GST) + foreign fees and taxes (if applicable)

Debit Balance Interest

SGD6.00% p.a.
USD7.00% p.a.
HKD7.00% p.a.
JPY4.20% p.a.
AUD8.75% p.a.
GBP4.50% p.a.
EUR7.00% p.a.
CAD7.00% p.a.
CNY8.25% p.a.
MYRNo debit balance allowed

The Depository charges fees to process Issuance or Cancellation requests. Issuance and Cancellation fees are as follows:

  • Up to SGD5 for every 1,000 SDR or part thereof, subject to a minimum of SGD50 and a maximum of SGD1,000 (Issuance and Cancellation fee will be waived till 31 December 2024)

The following example illustrates the computation of the fees:

ScenarioCalculation and ExplanationFee Amount
Issuance/Cancellation of 1,500 SDR

(A)  Fee for the first 1,000 SDR = SGD 5

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 10, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 50
Issuance/Cancellation of 10,500 SDR

(A)  Fee for the first 10,000 SDR = 10,000/1000 * SGD 5 = SGD 50

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 55, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 55
Issuance/Cancellation of 500,000 SDRTotal fee for 500,000 SDR = 500,000/1,000 * SGD 5 = SGD 2,500, subject to a minimum of SGD 50, and a maximum of SGD 1,000SGD 1000

Payment for the fee differs depending on how your Issuance or Cancellation request is lodged.

  • Submitting a request directly to the Depository
    • If you are submitting an Issuance Request directly to the Depository, you can make the payment directly to the Depository via the following payment link: https://www.poems.com.sg/payment/
  • Submitting a request via your broker
    • o If you are making your submission via your broker, your broker will be required to make payment for the Issuance Fees when it submits the Issuance request. Your broker may pass on the Issuance Fees together with other fees onto you.

Margin Account Infosheet

MarketsRatesMinimum
Singapore
Contract Value < SGD 50k
0.28%SGD25

(No minimum commission for SGX-listed ETFs)
Singapore
Contract Value SGD 50k – 100k
0.22%
Singapore
Contract Value > SGD 100k
0.18%
US0.3%USD20
Canada NEW!0.25%CAD25
Hong Kong / Hong Kong pre-IPO0.25%HKD100
Shanghai A/ Shenzhen A0.25%CNY88
Shanghai B
Shenzhen B
Taiwan
Thailand0.35%THB500
Malaysia0.50%MYR60
Indonesia0.35%IDR250,000
Philippines
Japan0.50%JPY3,000
South Korea
Vietnam
UK0.40%GBP25
Germany0.40%EUR35
France/ Belgium/ Netherlands/ Portugal NEW! 0.40%EUR 35
Australia0.40%AUD40
Turkey

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

MarketsRatesMinimum
Singapore
Contract Value < SGD 50k
0.50%SGD40
Singapore
Contract Value SGD 50k – 100k
0.40%SGD40
Singapore
Contract Value > SGD 100k
0.25%SGD40
US0.5%USD25
Hong Kong / Hong Kong pre-IPO0.30%HKD150
Shanghai A/ Shenzhen A0.30%CNY150
Shanghai B0.50%USD35
Shenzhen B0.50%HKD200
Taiwan0.40%TWD1000
Thailand0.75%THD750
Malaysia1.00%MYR80
Indonesia0.50%
(Additional 22,200 IDR per odd lot order)
IDR280,000
Philippines0.50%PHP1800
Japan0.60%JPY3,000
South Korea0.40%KRW20,000
Vietnam0.40%VND800,000
UK0.60%GBP35
France0.40%EUR35
Germany0.40%EUR35
Belgium/ Netherlands/ Portugal0.40%EUR35
Canada0.40%CAD35
Australia0.80%AUD60
Turkey0.35%TRY500

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

Account Maintenance Fee (SGX)S$15.00 (subject to GST) per quarter is chargeable based on March, June, September and December month-end Account balance.
Waiver conditions: at least 1 trade per quarter for the Account or meeting criteria at www.poems.com.sg/share-financing.
Foreign Share Custody ChargesS$2 per counter per month (subject to max S$150 per quarter)
Waiver Condition: 2 trades per month or 6 trades per quarter or minimum S$132 brokerage per quarter
Debit Balance Interest
SGD6.00% p.a.
USD7.00% p.a.
HKD7.00% p.a.
JPY4.20% p.a.
AUD8.75% p.a.
GBP4.50% p.a.
EUR7.00% p.a.
CAD7.00% p.a.
CNY8.25% p.a.
MYRNo debit balance allowed
Types of servicesCharges
Cash Dividend (SGX)Waived*
Cash Dividend (others)1% on net dividend, minimum of S$1.00 and capped at S$50.00 (subject to prevailing GST) + Foreign fees and taxes (if applicable)
Cash Offer, Rights Issue, Privatisation Exercise, Merger & Exchange, Liquidation, Redemption of Warrant, Loan Stock or Bonds, Capital Distribution, Tender SalesS$10.00 (subject to prevailing GST) + Foreign broker fees and taxes (if applicable)
Warrant ConversionS$20.00 (subject to prevailing GST) + Foreign broker fees and taxes (if applicable)

The Depository charges fees to process Issuance or Cancellation requests. Issuance and Cancellation fees are as follows:

  • Up to SGD5 for every 1,000 SDR or part thereof, subject to a minimum of SGD50 and a maximum of SGD1,000 (minimum fee will be waived till 31/12/2023)

The following example illustrates the computation of the fees:

ScenarioCalculation and ExplanationFee Amount
Issuance/Cancellation of 1,500 SDR

(A)  Fee for the first 1,000 SDR = SGD 5

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 10, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 50
Issuance/Cancellation of 10,500 SDR

(A)  Fee for the first 10,000 SDR = 10,000/1000 * SGD 5 = SGD 50

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 55, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 55
Issuance/Cancellation of 500,000 SDRTotal fee for 500,000 SDR = 500,000/1,000 * SGD 5 = SGD 2,500, subject to a minimum of SGD 50, and a maximum of SGD 1,000SGD 1000

Payment for the fee differs depending on how your Issuance or Cancellation request is lodged.

  • Submitting a request directly to the Depository
    • If you are submitting an Issuance Request directly to the Depository, you can make the payment directly to the Depository via the following payment link: https://www.poems.com.sg/payment/
  • Submitting a request via your broker
    • o If you are making your submission via your broker, your broker will be required to make payment for the Issuance Fees when it submits the Issuance request. Your broker may pass on the Issuance Fees together with other fees onto you.

Cash Management Account

Cash Management Account Infosheet

MarketsRatesMinimum
Singapore
Contract value < SGD50k
0.28%SGD25

(No minimum commission for SGX-listed ETFs)
Singapore
Contract value SGD50k-SGD100k
0.22%
Singapore
Contract value > SGD100k
0.18%
United States0.3%USD 20
Canada NEW!0.25%CAD25
Hong Kong/Hong Kong Pre-IPO0.25%HKD 100
Shanghai A/ Shenzhen A0.25%RMB88
Shanghai B
Shenzhen B
Taiwan
Thailand0.35%THB500
Malaysia0.50%MYR60
Indonesia0.35%IDR250,000
Philippines
Japan0.50%JPY3,000
South Korea
Vietnam
UK0.40%GBP25
Germany0.40%EUR35
France /Belgium/ Netherlands/ Portugal NEW!0.40%EUR 35
Australia0.40%AUD40
Turkey

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

MarketsRatesMinimum
Singapore
Contract Value < SGD 50k
0.50%SGD40
Singapore
Contract Value SGD 50k – 100k
0.40%SGD40
Singapore
Contract Value > SGD 100k
0.25%SGD40
US0.5%USD25
Hong Kong / Hong Kong pre-IPO0.30%HKD150
Shanghai A/ Shenzhen A0.30%CNY150
Shanghai B0.50%USD35
Shenzhen B0.50%HKD200
Taiwan0.40%TWD1000
Thailand0.75%THD750
Malaysia1.00%MYR80
Indonesia0.50%
(Additional 22,200 IDR per odd lot order)
IDR280,000
Philippines0.50%PHP1800
Japan0.60%JPY3,000
South Korea0.40%KRW20,000
Vietnam0.40%VND800,000
UK0.60%GBP35
France0.40%EUR35
Germany0.40%EUR35
Belgium/ Netherlands/ Portugal0.40%EUR35
Canada0.40%CAD35
Australia0.80%AUD60
Turkey0.35%TRY500

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

Account Maintenance Fee (SGX)NA
Foreign Share Custody ChargesS$2 per counter per month (subject to max S$150 per quarter)
Waiver Condition: 2 trades per month or 6 trades per quarter or minimum S$132 brokerage per quarter

The Depository charges fees to process Issuance or Cancellation requests. Issuance and Cancellation fees are as follows:

  • Up to SGD5 for every 1,000 SDR or part thereof, subject to a minimum of SGD50 and a maximum of SGD1,000 (minimum fee will be waived till 31/12/2023)

The following example illustrates the computation of the fees:

ScenarioCalculation and ExplanationFee Amount
Issuance/Cancellation of 1,500 SDR

(A)  Fee for the first 1,000 SDR = SGD 5

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 10, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 50
Issuance/Cancellation of 10,500 SDR

(A)  Fee for the first 10,000 SDR = 10,000/1000 * SGD 5 = SGD 50

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 55, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 55
Issuance/Cancellation of 500,000 SDRTotal fee for 500,000 SDR = 500,000/1,000 * SGD 5 = SGD 2,500, subject to a minimum of SGD 50, and a maximum of SGD 1,000SGD 1000

Payment for the fee differs depending on how your Issuance or Cancellation request is lodged.

  • Submitting a request directly to the Depository
    • If you are submitting an Issuance Request directly to the Depository, you can make the payment directly to the Depository via the following payment link: https://www.poems.com.sg/payment/
  • Submitting a request via your broker
    • o If you are making your submission via your broker, your broker will be required to make payment for the Issuance Fees when it submits the Issuance request. Your broker may pass on the Issuance Fees together with other fees onto you.

Prepaid Account Infosheet

MarketsRatesMinimum
Singapore0.12%SGD 10
(No minimum commission for SGX-listed ETFs)
United StatesUSD 20 Flat
Canada NEW!0.25%CAD25
Hong Kong / Hong Kong Pre-IPO0.18%HKD80
Shanghai A / Shenzhen A0.18%CNY88
Shanghai B
Shenzhen B
Taiwan
Thailand0.18%THB400
Malaysia0.18%MYR60
Indonesia0.18%IDR250,000
Philippines
Japan0.18%JPY1,500
South Korea
Vietnam
UK0.18%GBP20
Germany0.18%EUR20
France/ Belgium/ Netherlands/ Portugal NEW!0.40%EUR 35
Australia0.18%AUD30
Turkey

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

MarketsRatesMinimum
Singapore
Contract Value < SGD 50k
0.50%SGD40
Singapore
Contract Value SGD 50k – 100k
0.40%SGD40
Singapore
Contract Value > SGD 100k
0.25%SGD40
US0.5%USD25
Hong Kong / Hong Kong pre-IPO0.30%HKD150
Shanghai A/ Shenzhen A0.30%CNY150
Shanghai B0.50%USD35
Shenzhen B0.50%HKD200
Taiwan0.40%TWD1000
Thailand0.75%THD750
Malaysia1.00%MYR80
Indonesia0.50%
(Additional 22,200 IDR per odd lot order)
IDR280,000
Philippines0.50%PHP1800
Japan0.60%JPY3,000
South Korea0.40%KRW20,000
Vietnam0.40%VND800,000
UK0.60%GBP35
France0.40%EUR35
Germany0.40%EUR35
Belgium/ Netherlands/ Portugal0.40%EUR35
Canada0.40%CAD35
Australia0.80%AUD60
Turkey0.35%TRY500

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

Account Maintenance Fee (SGX)S$15 per quarter (Quarterly trading activity is assessed at Mar, Jun, Sep, and Dec month end)
Waiver Condition: At least 1 trade per quarter for the account
Foreign Share Custody ChargesS$2 per counter per month (subject to max S$150 per quarter)
Waiver Condition: 2 trades per month or 6 trades per quarter or minimum S$132 brokerage per quarter

The Depository charges fees to process Issuance or Cancellation requests. Issuance and Cancellation fees are as follows:

  • Up to SGD5 for every 1,000 SDR or part thereof, subject to a minimum of SGD50 and a maximum of SGD1,000 (minimum fee will be waived till 31/12/2023)

The following example illustrates the computation of the fees:

ScenarioCalculation and ExplanationFee Amount
Issuance/Cancellation of 1,500 SDR

(A)  Fee for the first 1,000 SDR = SGD 5

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 10, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 50
Issuance/Cancellation of 10,500 SDR

(A)  Fee for the first 10,000 SDR = 10,000/1000 * SGD 5 = SGD 50

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 55, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 55
Issuance/Cancellation of 500,000 SDRTotal fee for 500,000 SDR = 500,000/1,000 * SGD 5 = SGD 2,500, subject to a minimum of SGD 50, and a maximum of SGD 1,000SGD 1000

Payment for the fee differs depending on how your Issuance or Cancellation request is lodged.

  • Submitting a request directly to the Depository
    • If you are submitting an Issuance Request directly to the Depository, you can make the payment directly to the Depository via the following payment link: https://www.poems.com.sg/payment/
  • Submitting a request via your broker
    • o If you are making your submission via your broker, your broker will be required to make payment for the Issuance Fees when it submits the Issuance request. Your broker may pass on the Issuance Fees together with other fees onto you.

Custodian Account Infosheet

MarketsRatesMinimum
Singapore
Contract value < SGD50k
0.28%SGD25

(No minimum commission for SGX-listed ETFs)
Singapore
Contract value SGD50k-SGD100k
0.22%
Singapore
Contract value > SGD100k
0.18%
United States0.30%USD 20
Canada NEW!0.25%CAD25
Hong Kong/Hong Kong Pre-IPO0.25%HKD 100
Shanghai A/ Shenzhen A0.25%RMB88
Shanghai B
Shenzhen B
Taiwan
Thailand0.35%THB500
Malaysia0.50%MYR60
Indonesia0.35%IDR250,000
Philippines
Japan0.50%JPY3,000
South Korea
Vietnam
UK0.40%GBP25
Germany0.40%EUR35
France/ Belgium/ Netherlands/ Portugal NEW!0.40%EUR 35
Australia0.40%AUD40
Turkey

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

MarketsRatesMinimum
Singapore
Contract Value < SGD 50k
0.50%SGD40
Singapore
Contract Value SGD 50k – 100k
0.40%SGD40
Singapore
Contract Value > SGD 100k
0.25%SGD40
US0.5%USD25
Hong Kong / Hong Kong pre-IPO0.30%HKD150
Shanghai A/ Shenzhen A0.30%CNY150
Shanghai B0.50%USD35
Shenzhen B0.50%HKD200
Taiwan0.40%TWD1000
Thailand0.75%THD750
Malaysia1.00%MYR80
Indonesia0.50%
(Additional 22,200 IDR per odd lot order)
IDR280,000
Philippines0.50%PHP1800
Japan0.60%JPY3,000
South Korea0.40%KRW20,000
Vietnam0.40%VND800,000
UK0.60%GBP35
France0.40%EUR35
Germany0.40%EUR35
Belgium/ Netherlands/ Portugal0.40%EUR35
Canada0.40%CAD35
Australia0.80%AUD60
Turkey0.35%TRY500

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

Account Maintenance Fee (SGX)S$15 per quarter (Quarterly trading activity is assessed at Mar, Jun, Sep, and Dec month end)
Waiver Condition: At least 1 trade per quarter for the account
Foreign Share Custody ChargesS$2 per counter per month (subject to max S$150 per quarter)
Waiver Condition: 2 trades per month or 6 trades per quarter or minimum S$132 brokerage per quarter

The Depository charges fees to process Issuance or Cancellation requests. Issuance and Cancellation fees are as follows:

  • Up to SGD5 for every 1,000 SDR or part thereof, subject to a minimum of SGD50 and a maximum of SGD1,000 (minimum fee will be waived till 31/12/2023)

The following example illustrates the computation of the fees:

ScenarioCalculation and ExplanationFee Amount
Issuance/Cancellation of 1,500 SDR

(A)  Fee for the first 1,000 SDR = SGD 5

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 10, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 50
Issuance/Cancellation of 10,500 SDR

(A)  Fee for the first 10,000 SDR = 10,000/1000 * SGD 5 = SGD 50

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 55, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 55
Issuance/Cancellation of 500,000 SDRTotal fee for 500,000 SDR = 500,000/1,000 * SGD 5 = SGD 2,500, subject to a minimum of SGD 50, and a maximum of SGD 1,000SGD 1000

Payment for the fee differs depending on how your Issuance or Cancellation request is lodged.

  • Submitting a request directly to the Depository
    • If you are submitting an Issuance Request directly to the Depository, you can make the payment directly to the Depository via the following payment link: https://www.poems.com.sg/payment/
  • Submitting a request via your broker
    • o If you are making your submission via your broker, your broker will be required to make payment for the Issuance Fees when it submits the Issuance request. Your broker may pass on the Issuance Fees together with other fees onto you.

Share Financing Account Infosheet

MarketsRatesMinimum
Singapore
Contract value < SGD50k
0.28%SGD25

(No minimum commission for SGX-listed ETFs)
Singapore
Contract value SGD50k – SGD100k
0.22%
Singapore
Contract value > SGD100k
0.18%
United States0.3%USD20
Hong Kong / Hong Kong pre-IPO0.25%HKD100
Shanghai A / Shenzhen A0.25%RMB88
Shanghai B
Shenzhen B
Taiwan
Thailand0.35%THB500
Malaysia0.50%MYR60
Indonesia0.35%IDR250,000
Philippines
Japan0.50%JPY3,000
South Korea
Vietnam
UK0.40%GBP25
Germany0.40%EUR35
France/ Belgium/ Netherlands/ Portugal NEW!0.40%EUR 35
Canada NEW!0.25%CAD25
Australia0.40%AUD40
Turkey

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

MarketsRatesMinimum
Singapore
Contract Value < SGD 50k
0.50%SGD40
Singapore
Contract Value SGD 50k – 100k
0.40%SGD40
Singapore
Contract Value > SGD 100k
0.25%SGD40
US0.5%USD25
Hong Kong / Hong Kong pre-IPO0.30%HKD150
Shanghai A/ Shenzhen A0.30%CNY150
Shanghai B0.50%USD35
Shenzhen B0.50%HKD200
Taiwan0.40%TWD1000
Thailand0.75%THD750
Malaysia1.00%MYR80
Indonesia0.50%
(Additional 22,200 IDR per odd lot order)
IDR280,000
Philippines0.50%PHP1800
Japan0.60%JPY3,000
South Korea0.40%KRW20,000
Vietnam0.40%VND800,000
UK0.60%GBP35
France0.40%EUR35
Germany0.40%EUR35
Belgium/ Netherlands/ Portugal0.40%EUR35
Canada0.40%CAD35
Australia0.80%AUD60
Turkey0.35%TRY500

Find out Singapore Exchange Fee and Other Charges

Note: All fees and charges are subject to Goods & Services Tax (GST). Fees & charges may be subject to changes without prior notice.

Account Maintenance Fee (SGX)S$15 per quarter (Quarterly trading activity is assessed at Mar, Jun, Sep, and Dec month end)
Waiver Condition: At least 1 trade per quarter for the account
Foreign Share Custody ChargesS$2 per counter per month (subject to max S$150 per quarter)
Waiver Condition: 2 trades per month or 6 trades per quarter or minimum S$132 brokerage per quarter
Debit Balance Interest*
SGD7.00% p.a.
USD6.00% p.a.
HKD7.00% p.a.
GBP4.50% p.a.
CNY8.25% p.a.
*Phillip Financial reserves the right to change the rates without prior notice.

The Depository charges fees to process Issuance or Cancellation requests. Issuance and Cancellation fees are as follows:

  • Up to SGD5 for every 1,000 SDR or part thereof, subject to a minimum of SGD50 and a maximum of SGD1,000 (minimum fee will be waived till 31/12/2023)

The following example illustrates the computation of the fees:

ScenarioCalculation and ExplanationFee Amount
Issuance/Cancellation of 1,500 SDR

(A)  Fee for the first 1,000 SDR = SGD 5

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 10, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 50
Issuance/Cancellation of 10,500 SDR

(A)  Fee for the first 10,000 SDR = 10,000/1000 * SGD 5 = SGD 50

(B)  Fee for the remaining 500 SDR = SGD 5

Total fee = (A) + (B) = SGD 55, subject to a minimum of SGD 50, and a maximum of SGD 1,000

SGD 55
Issuance/Cancellation of 500,000 SDRTotal fee for 500,000 SDR = 500,000/1,000 * SGD 5 = SGD 2,500, subject to a minimum of SGD 50, and a maximum of SGD 1,000SGD 1000

Payment for the fee differs depending on how your Issuance or Cancellation request is lodged.

  • Submitting a request directly to the Depository
    • If you are submitting an Issuance Request directly to the Depository, you can make the payment directly to the Depository via the following payment link: https://www.poems.com.sg/payment/
  • Submitting a request via your broker
    • o If you are making your submission via your broker, your broker will be required to make payment for the Issuance Fees when it submits the Issuance request. Your broker may pass on the Issuance Fees together with other fees onto you.

PSPL Singapore Securities Transfer Services Charges Schedule Effective from Feb 1st, 2022

Type of service (Singapore Securities Transfer)Total fees (include CDP charges)
No Change in Beneficial Owner (Between Own, Joint OR Immediate Family Member)
Client’s GSA -> PSPL sub a/c (CDP 4.2 form)S$10
Other Financial Institution -> PSPL sub a/c(Waived)
PSPL sub a/c -> client’s GSAS$20
PSPL sub a/c -> Other Financial InstitutionS$100
PSPL sub a/c -> PSPL sub a/c (other than Prepaid (CC) and Cash Plus Account)S$20
PSPL sub a/c -> PSPL Prepaid (CC) and Cash Plus sub a/cS$60
Change in Beneficial Owner (Off Market Transfer)
PSPL sub a/c – client’s GSA0.25% of share valuation (min. of SS$100) +
2 x [0.015% of share valuation (min. of S$75)]
PSPL sub a/c – PSPL sub a/c
PSPL sub a/c – Other Financial Institution0.25% of share valuation (min. of SS$100) +
[0.015% of share valuation (min. of S$75)]
Other Financial Institution – PSPL sub a/c
Change in Beneficial Owner (Between Related Company OR Company and its Shareholders/Directors/Employees)
PSPL sub a/c – client’s GSAS$50 + 2 x [0.015% of share valuation (min. of S$75)]
PSPL sub a/c – PSPL sub a/c
PSPL sub a/c – Other Financial InstitutionS$50 + [0.015% of share valuation (min. of S$75)]
Other Financial Institution – PSPL sub a/c
Important Notes:
1. All fees and charges above are based on Per Counter Per Transfer basis and are subject to GST.
2. PSPL reserves the right to impose other charges or to revise the fees and charges without prior notice.

Phillip Securities to External BrokerSGD 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)
External Broker to Phillip SecuritiesNo charge by Phillip Securities Pte Ltd. Please check with your external broker for their charges.
Note:
1. For US transfer via Direct Registration System “DRS”, there will be foreign broker fee of USD 50.
2. To transfer holdings from Issuer Sponsored to Broker (CHESS) Sponsored, there will be foreign broker fees of AUD 50 (Settled in SGD) and courier fees of SGD 32.
Fees are subject to changes.
Time required to transfer shares to Phillip SecuritiesThis varies. It depends when the external broker transfers out the shares electronically. Under normal circumstances, once shares are transferred out by the external broker, it takes 2-3 days for Phillip Securities to receive the shares.
Note: Share transfer facility is not available in selected markets. Rates may change from time to time at the discretion of Phillip Securities Pte Ltd.

Types of servicesCharges
Cash Dividend1% on net dividend, minimum of S$1.00 and capped at S$50.00 (subject to prevailing GST) + Foreign fees and taxes (if applicable) Dividend Handling Fee (SGX) is waived for Cash Plus Account – Privilege tier
Waived for Cash Plus Account – Privilege tier1
Waived for Margin Account2
Cash Offer, Rights Issue, Privatisation Exercise, Merger & Exchange, Liquidation, Redemption of Warrant, Loan Stock or Bonds, Capital Distribution, Tender SalesS$10.00 (subject to prevailing GST) + Foreign broker fees and taxes (if applicable)
Warrant ConversionS$20.00 (subject to prevailing GST) + Foreign broker fees and taxes (if applicable)
1Please refer to www.poems.com.sg/cash-plus for more information
2Please refer to www.poems.com.sg/share-financing for more information

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IMPORTANT INFORMATION

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 <www.phillipfunds.com> 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 www.phillipfunds.com