POEMS Referral Program

Open a ‘Cash Plus’ or ‘Cash Management’ Account with POEMS using the referral link and stand to receive:

• Account Opening Rewards

  

• Fund & Trade Rewards

  

Terms and Conditions apply.

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Trade CFDs to Receive more Rewards

Opt-in to a CFD Account & Trade CFDs to Get Up to S$540 worth of Free Shares CFDs!

Terms and Conditions apply.

• Sign up with POEMS ❯

About POEMS

Your Trusted Broker since 1975, with a growing global presence in 15 countries

POEMS is the pioneer for online share trading in Singapore. Their award-winning suite of trading platforms and offers customers an array of financial products across multiple global exchanges.

Accolades

• Best Retail Broker Award @ 25th Securities Investors Association Singapore (SIAS) Investors’ Choice Awards [17 Sep 2024]

Multi-Asset, Multi-Market

At POEMS, customers can gain unparalleled access to over 40,000 products across 26 exchanges worldwide including Stocks, ETFs, CFDs, Forex, Gold, Futures, Unit Trust, Regular Savings Plan (RSP) and more.

Dedicated Customer Support

At POEMS, we are committed to ensure you receive support at every step of the way.

• Dedicated Equity Specialist
  • An equity specialist is assigned to every single account to provide customers with the assistance needed.
• Round-the-clock Support
  • Enjoy seamless and smooth trading experience with round-the-clock customer support.
• Island-wide Services
  • Receive holistic advice on financial-related matters at 15 Phillip Investor Centres located island-wide.

Fees

Check out the trading fees and commission for the Cash Plus Account.

Below is a fee comparison between POEMS and a couple of competitors which shows how POEMS shines for large trades.

Special mentions

Extended hours

POEMS is Singapore’s first platform to provide trading of specific US equities during Asian Hours, allowing you the flexibility and convenience to trade popular US equities and ETFs from as early as 9.00 am SGT.

SMART Park

“With zero defaults since its inception, SMART Park is a safe and secure option for you to grow your idle cash!”"

SMART Park is an Excess Funds Management Facility that automatically invests and manages your idle cash on a discretionary basis in Phillip Money Market Funds.

Features:

• Ease of use, with no lock-in period: Cash will automatically be used for any share payments, other investment purchases or account transaction fees charged. If you have any urgent need, you can receive money to your linked bank account within the same business day.
• No extra charges: There are no charges to park your money in SMART Park, so every dollar generates optimal returns for you.

SMART Portfolio

SMART Portfolio robo investment takes the guesswork out of investing and offers a seamless, SMART way to help you grow your wealth.

Phillip SMART Portfolio is an investment service that matches a best-fit portfolio based on your online risk analysis. Expert-built portfolios are strategically designed to minimize risk through diversification and are optimized for long-term wealth.

The management fee for this managed portfolio service starts from 0.5% p.a.

Comparison between Cash Plus Account and Cash Management Account

There are 13 key differences between the two types of accounts explained in this article by POEMS.

Educate yourself on investing

I would strongly recommend you register a FREE account with SGX’s Online Education Programme and complete the basic courses first if you are new to investing.

Staying safe from scammers

Be wary of scams that can take place in the form of online stock recommendations from unofficial sources or informal chat groups.

Scammers might impersonate real people from genuine financial services firms to tempt you into investing in any recommended stocks/investment products. Some scammers might use spoofed or unofficial social media accounts to spread and disseminate false information.

You can protect yourself and others by observing the following:

• Change your privacy setting in your messaging apps to prevent others from adding you to random investment chat groups.
• Be wary of stock tips/ recommendations from unofficial sources (e.g. Social Media platforms/Messaging App)
• Do your research before investing in any investment product
• Check the credentials of the supposed company or representatives using sources such as MAS Financial Institutions Directory, Register of representatives and Investor Alert List.