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Trade Singapore Depository Receipts (SDR) with
No Minimum Commission
Available Counters
Your Potential Savings At A Glance
Example 1: Customer invests S$5000 in an SDR that has a price of $5.00 per share, with Cash Management Account.
Cash Management Account | Cash Plus Account | |||
Before 01/04/2025* | Now | |||
SGX-listed SDR traded price | S$5.00 | S$5.00 | S$5.00 | |
Quantity Purchased | 1,000 units | 1,000 units | 1,000 units | |
Gross Amount | S$5,000 | S$5,000 | S$5,000 | |
Commission | S$25 | S$14 (0.28% x $5,000) (Fees calculated at 0.28%, for Cash Management Account with contract value below S$50,000) | S$4 (0.08% x $5,000) (Fees calculated at 0.08%, for Cash Plus Account: Starter tier) | |
Commission Saved | S$11 |
Example 2: A customer invests S$300 in an SDR priced at S$2.50 per share.
Cash Management Account | Cash Plus Account | |||
Before 01/04/2025* | Now | |||
SGX-listed SDR traded price | S$1.50 | S$1.50 | S$1.50 | |
Quantity Purchased | 100 units | 100 units | 100 units | |
Gross Amount | S$150 | S$150 | S$150 | |
Commission | S$25 (Fees calculated at 0.28% or minimum S$25, for Cash Management Account with contract value below SGD50k) | S$0.42 (0.28% x S$150) (Fees calculated at 0.28%, for Cash Management Account with contract value below S$50,000) | S$0.12 (0.08% x $150) (Fees calculated at 0.08%, for Cash Plus Account: Starter tier) | |
Commission Saved | S$24.58 |
*“Online commission shown does not include any promotional discounts.”
Note: The above examples do not include Exchange Fee and GST.
For pricing of other account types, please refer here.
Terms & Conditions
- No minimum commission rates for Singapore Depository Receipts (SDR) are applicable for all POEMS Trading Accounts from 1 April 2025 onwards. For standard rates, please refer to the respective account pricing.
- This promotion is only applicable for ONLINE trades traded through POEMS suite of platforms available on Singapore Depository Receipts (SDR)
- Applicable for Cash trades only.
- The following persons are not eligible to participate in those promotions unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
- PSPL institutional Customers and corporate Customers
- PSPL Account holders whose Accounts have been suspended, cancelled or terminated
- All employees of PSPL and its associated entities; PSPL and all its subsidiaries
- Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete any time of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
- In the event of a dispute over the client’s eligibility to participate in this Promotion, PSPL’s decision will be final. PSPL shall not be obliged to give any reason on any matter concerning the Promotion and no correspondence or claims will be entertained.
- By taking part in this promotion, Customer acknowledges that he/she has read and consented to these Terms & Conditions.