Share Financing
Stock Brokerage Fee
Margin Account Infosheet
Promotional Online brokerage rates for new Margin Accounts:
- 0.18% or S$25 minimum commission for Singapore listed shares
- 0.18% or US$20 minimum commission for US listed shares
- 0.18% or HK$100 minimum commission for Hong Kong listed shares
| Markets | Rates | Minimum |
|---|---|---|
| Singapore Contract Value < SGD 50k |
0.28% | SGD25 |
| Singapore Contract Value SGD 50k – 100k |
0.22% | SGD25 |
| Singapore Contract Value > SGD 100k |
0.18% | SGD25 |
| US | 0.3% | USD20 |
| Hong Kong / Hong Kong pre-IPO | 0.25% | HKD100 |
| Shanghai A/ Shenzhen A | 0.25% | CNY88 |
| Shanghai B | – | – |
| Shenzhen B | – | – |
| Taiwan | – | – |
| Thailand | 0.35% | THB500 |
| Malaysia | 0.50% | MYR60 |
| Indonesia | 0.35% | SGD25 |
| Philippines | – | – |
| Japan | 0.50% | JPY3,000 |
| South Korea | – | – |
| Vietnam | – | – |
| UK | 0.40% | GBP25 |
| France | – | – |
| Germany | 0.40% | EUR35 |
| Belgium/ Netherlands/ Portugal | – | – |
| Canada | – | – |
| Australia | 0.40% | AUD40 |
| Turkey | 0.35% | TRY50 |
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.
| Markets | Rates | Minimum |
|---|---|---|
| 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 |
| US | 0.5% | USD25 |
| Hong Kong / Hong Kong pre-IPO | 0.30% | HKD150 |
| Shanghai A/ Shenzhen A | 0.30% | CNY150 |
| Shanghai B | 0.50% | USD35 |
| Shenzhen B | 0.50% | HKD200 |
| Taiwan | 0.40% | TWD1000 |
| Thailand | 0.75% | THD750 |
| Malaysia | 1.00% | MYR80 |
| Indonesia | 0.50% (Additional 22,000 IDR per odd lot order) |
IDR280,000 |
| Philippines | 0.50% | PHP1800 |
| Japan | 0.60% | JPY3,000 |
| South Korea | 0.40% | KRW20,000 |
| Vietnam | 0.40% | VND800,000 |
| UK | 0.60% | GBP35 |
| France | 0.40% | EUR35 |
| Germany | 0.40% | EUR35 |
| Belgium/ Netherlands/ Portugal | 0.40% | EUR35 |
| Canada | 0.40% | CAD35 |
| Australia | 0.80% | AUD60 |
| Turkey | 0.35% | TRY50 |
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 Charges | S$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 | |
|---|---|
| SGD | 6.00% p.a. |
| USD | 7.00% p.a. |
| HKD | 7.00% p.a. |
| JPY | 4.20% p.a. |
| AUD | 8.75% p.a. |
| GBP | 4.50% p.a. |
| EUR | 7.00% p.a. |
| CAD | 7.00% p.a. |
| CNY | 8.25% p.a. |
| MYR | No debit balance allowed |
| Types of services | Charges |
|---|---|
| Cash Dividend (SGX) | Waived* |
| Cash Dividend (others) | 1% on net dividend, minimum of S$1.00 and capped at S$50.00 (subject to 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 Sales, Warrant Conversion | S$10.00 (subject to GST) + Foreign broker fees and taxes (if applicable) |
Share Financing Account Infosheet
| Markets | Rates | Minimum |
|---|---|---|
| Singapore Contract value < SGD50k |
0.28% | SGD25 |
| Singapore Contract value SGD50k – SGD100k |
0.22% | SGD25 |
| Singapore Contract value > SGD100k |
0.18% | SGD25 |
| United States | 0.3% | USD20 |
| Hong Kong / Hong Kong pre-IPO | 0.25% | HKD100 |
| Shanghai A / Shenzhen A | 0.25% | RMB88 |
| Shanghai B | – | – |
| Shenzhen B | – | – |
| Taiwan | – | – |
| Thailand | 0.35% | THB500 |
| Malaysia | 0.50% | MYR60 |
| Indonesia | 0.35% | SGD25 |
| Philippines | – | – |
| Japan | 0.50% | JPY3,000 |
| South Korea | – | – |
| Vietnam | – | – |
| UK | 0.40% | GBP25 |
| France | – | – |
| Germany | 0.40% | EUR35 |
| Belgium/ Netherlands/ Portugal | – | – |
| Canada | – | – |
| Australia | 0.40% | AUD40 |
| Turkey | 0.35% | TRY50 |
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.
| Markets | Rates | Minimum |
|---|---|---|
| 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 |
| US | 0.5% | USD25 |
| Hong Kong / Hong Kong pre-IPO | 0.30% | HKD150 |
| Shanghai A/ Shenzhen A | 0.30% | CNY150 |
| Shanghai B | 0.50% | USD35 |
| Shenzhen B | 0.50% | HKD200 |
| Taiwan | 0.40% | TWD1000 |
| Thailand | 0.75% | THD750 |
| Malaysia | 1.00% | MYR80 |
| Indonesia | 0.50% (Additional 22,000 IDR per odd lot order) |
IDR280,000 |
| Philippines | 0.50% | PHP1800 |
| Japan | 0.60% | JPY3,000 |
| South Korea | 0.40% | KRW20,000 |
| Vietnam | 0.40% | VND800,000 |
| UK | 0.60% | GBP35 |
| France | 0.40% | EUR35 |
| Germany | 0.40% | EUR35 |
| Belgium/ Netherlands/ Portugal | 0.40% | EUR35 |
| Canada | 0.40% | CAD35 |
| Australia | 0.80% | AUD60 |
| Turkey | 0.35% | TRY50 |
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 Charges | S$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* | |
|---|---|
| SGD | 7.00% p.a. |
| USD | 6.00% p.a. |
| HKD | 7.00% p.a. |
| GBP | 4.50% p.a. |
| CNY | 8.25% p.a. |
Cash Plus Account Infosheet
|
Asset Value Markets |
Starter | Premier | Privilege | |||
|---|---|---|---|---|---|---|
| SGD 0 – SGD 29,999 | SGD 30,000 – SGD 249,999 | SGD 250,000 and above | ||||
| Rates | Minimum | Rates | Minimum | Rates | Minimum | |
| Singapore | 0.08%, No minimum commission | |||||
| United States | USD3.88 | USD2.88 | USD1.88 | |||
| Hong Kong | 0.08% | HKD30 | 0.06% | HKD20 | 0.05% | HKD15 |
| China | 0.15% | CNH80 | 0.12% | CNH60 | 0.08% | CNH50 |
| Australia | 0.18% | AUD25 | 0.15% | AUD20 | 0.12% | AUD15 |
| United Kingdom | 0.18% | GBP20 | 0.15% | GBP15 | 0.12% | GBP10 |
| Germany | 0.18% | EUR20 | 0.15% | EUR12 | 0.12% | EUR8 |
| Japan | 0.18% | JPY1500 | 0.15% | JPY1200 | 0.12% | JPY1000 |
| Malaysia NEW! | 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 |
| Turkey | 0.18% | TRY80 | 0.15% | TRY60 | 0.12% | TRY50 |
| 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| Markets | Rates | Minimum |
|---|---|---|
| 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 |
| US | 0.5% | USD25 |
| Hong Kong / Hong Kong pre-IPO | 0.30% | HKD150 |
| Shanghai A/ Shenzhen A | 0.30% | CNY150 |
| Shanghai B | 0.50% | USD35 |
| Shenzhen B | 0.50% | HKD200 |
| Taiwan | 0.40% | TWD1000 |
| Thailand | 0.75% | THD750 |
| Malaysia | 1.00% | MYR80 |
| Indonesia | 0.50% (Additional 22,000 IDR per odd lot order) |
IDR280,000 |
| Philippines | 0.50% | PHP1800 |
| Japan | 0.60% | JPY3,000 |
| South Korea | 0.40% | KRW20,000 |
| Vietnam | 0.40% | VND800,000 |
| UK | 0.60% | GBP35 |
| France | 0.40% | EUR35 |
| Germany | 0.40% | EUR35 |
| Belgium/ Netherlands/ Portugal | 0.40% | EUR35 |
| Canada | 0.40% | CAD35 |
| Australia | 0.80% | AUD60 |
| Turkey | 0.35% | TRY50 |
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.
| Starter | Premier | Privilege | |
|---|---|---|---|
| Account Maintenance Fee (SGX) | Waived1 | Waived1 | Waived |
| Foreign Share Custody Charges | Waived2 | Waived2 | Waived |
2Waived for US and HK Foreign Custody fee until 31 December 2022. Please refer to Cash Plus Account Infosheet for charges thereafter.
| Types of services | Charges | ||
|---|---|---|---|
| Cash Dividend (SGX) | Applicable3 | Applicable3 | Waived |
| Cash Dividend (others) | 1% on net dividend subject to min SGD1.07 capped at SGD53.50 + Foreign fees and taxes | ||
| Cash Offer, Rights Issue, Privatisation Exercise, Merger & Exchange, Liquidation, Redemption of Warrant, Loan Stock or Bonds, Capital Distribution, Tender Sales, Warrant Conversion | S$10.70 (inclusive of GST) + Foreign broker fees and taxes (if applicable) | ||
Debit Balance Interest |
|
|---|---|
| SGD | 6.00% p.a. |
| USD | 7.00% p.a. |
| HKD | 7.00% p.a. |
| JPY | 4.20% p.a. |
| AUD | 8.75% p.a. |
| GBP | 4.50% p.a. |
| EUR | 7.00% p.a. |
| CAD | 7.00% p.a. |
| CNY | 8.25% p.a. |
| MYR | No debit balance allowed |
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 GSA | S$20 |
| PSPL sub a/c -> Other Financial Institution | S$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/c | S$60 |
| Change in Beneficial Owner (Off Market Transfer) | |
| PSPL sub a/c – client’s GSA | 0.25% 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 Institution | 0.25% 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 GSA | S$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 Institution | S$50 + [0.015% of share valuation (min. of S$75)] |
| Other Financial Institution – PSPL sub a/c | |
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 Broker | 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) |
| External Broker to Phillip Securities | No 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 Securities | This 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. |
| Types of services | Charges |
|---|---|
| Cash Dividend | 1% on net dividend, minimum of S$1.00 and capped at S$50.00 (subject to GST) + Foreign fees and taxes 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 Sales, Warrant Conversion | S$10.00 (subject to GST) + Foreign broker fees and taxes (if applicable) |
2Please refer to www.poems.com.sg/share-financing for more information
