Phillip Securities SG Broker Review (Poems) 2025

Phillip Securities SG offers market spreads from 0.3 pips across 10 markets, covering CFD, Futures, and option contracts. The broker provides Forex trading with no commissions through its Cash Plus account. The company has implemented various promotions, including a welcome gift of up to 1,000 SGD, and a referral commission of $680 per client.

Phillip Securities SG (Company Introduction and Regulatory Status)

Phillip Securities Pte Ltd (Reg. No. 197501035Z) is a member of PhillipCapital, which has 200+ investment centers and branches in 4 continents, 15 countries (e.g., Australia, USA, China, and UK), and over 5,000 employees. Key features of PhilipSecurities SG:

• Regulated by the Monetary Authority of Singapore (MAS);
• Investment plans and insurance;
• 40,000+ products;
• Over $35B in Assets Under Management (AUM).

Phillip Securities SG Table of Specifications

The company provides trading services through Poems Forex Broker with access to 26 exchange markets worldwide. Let’s explore the key features of Phillip Securities.

Poems Broker Account Offerings

The company caters to various investor needs with its diverse account types, including Cash Management and Cash Plus.

Cash Plus

• Lowest brokerage rates (from 0.06% in the Singapore market to $1.88 flat for US trades);
• Multi-currency facility (SGD, USD, HKD, JPY, AUD, GBP, EUR, CAD, CNY, and MYR);
• Financing quantum of investment product up to 71%;
• Online currency conversion;
• Leverage up to ×3.5;
• Access to over 20 global markets.

Cash Management

• Designed to control all investments, including Shares, Unit Trusts, and Bonds;
• Multi-currency support (USD, HKD, MYR, JPY, AUD, GBP, EUR, CNY, and CAD);
• No dividends on SGX shares.

Phillip Securities SG Account Opening and Verification Process

Opening an account with Poems is a straightforward process, followed by a thorough KYC procedure. Note that Singaporeans can register on the website using SignPass, but other nationalities must submit an application.

1. Navigate to the official website at “https://www.poems.com.sg/”;
2. Click “Open an Account”;
3. Choose account type (Cash Plus or Cash Management) and facilities (Trading, Multi-Currency, or Excess Funds Management);
4. Fill out the registration form;
5. Provide proof of identity (passport or national ID), proof of address (utility bill or bank statement), image of your signature, tax ID number (TIN), bank account information, and selfie.

Phillip Securities SG Trading Platforms

We must discuss the trading platforms in this Phillip Securities SG review. Poems broker offers a full suite of solutions, from the most advanced MT5 to the proprietary POEMS Mobile 3.

MT5

• Android;
• iOS;
• Desktop;

Phillip Nova 2.0

• Android;
• iOS;

CQG

• Android;
• iOS;

Trading Technologies (TT)

• Android;
• iOS;
• Desktop;

POEMS 2.0 (Stocks, Forex, Gold, Futures, etc.)

• Android;
• iOS;

POEMS Pro

• Windows.

POEMS Mobile 3

• Android;
• iOS.

Phillip Securities SG Fee Structure

Phillip Securities offers competitive pricing across its various platforms and account types.

Cash Plus

• Singapore Stocks: 0.06% to 0.08%;
• US Stocks: Flat rate of $1.88 to $3.88;
• Forex: No commissions;
• Market Spreads.

Cash Management

• Foreign Shares: S$2.00 per counter per month;
• Cash Dividend: 1% on net dividend as handling fee;
• Other Products: S$10;
• Market Spreads.

Poems Broker Payment Options

Phillip Securities offers a variety of payment methods for funding trading accounts and withdrawals.

Deposit

• PayNow / PayLah! / PayAnyone / Google Pay;
• FAST (Fast and Secure Transfers);
• eNETS (Minimum amount: 1,000 SGD);
• Electronic Payment for Shares (EPS);
• Internet Bill Payment;
• Fund Transfer from DBS Bank Multi-Currency Account;
• Telegraphic Transfer;
• CPF/SRS;
• GIRO (for Shares, Regular Savings Plan, and Share Builders Plan).

Withdrawal

• Bank Transfer;
• PayNow to NRIC/FIN/UEN;
• Quick Cheque;
• Telegraphic Transfer;
• POEMS Reward Redemption (Cash).

Phillip Securities SG Copy Trading and Investment Plans

Poems offers Managed Account Services for investors who prefer professional portfolio management.

• Direct ownership of stocks in the investor's name;
• Flexible withdrawals with no lock-in periods or hidden fees;
• 24/7 online access to portfolio holdings and monthly statements;
• Customized portfolio strategies based on risk profile and objectives;
• Diversified portfolios across global asset classes;
• Leveraging Phillip's global research network;
• Minimum investment: S$10,000.

Phillip Securities SG Promotional Programs

The broker offers 3 main bonus plans: Reward Points, Referrals, and Trading Promotions (for new and existing accounts).

• Affiliate: Up to $680 for referring new clients;
• Reward Points: 1 Poems Reward Point for every S$1 commission on trading equities via proprietary platforms;
• Trading Promotions: Deposit bonus on Smart Portfolio, welcome gift of up to S$1,000, cash credits for investing in certain products.

Poems Broker Support Channels

The company provides 24/7 support via a Chatbot. Phillip Securities also offers a full suite of customer service hotlines and an email address.

Poems User Satisfaction

Trust score is one of the most important topics in this Phillip Securities SG review. The company has won multiple global awards, including the “Best Retail Broker 2024”, “Innovative Product of the Year 2023 – Singapore Depository Receipts”, and many more.

While there are not many reviews about Phillip Securities SG on reputable review websites, there are several factors we can consider to check the broker’s reliability.

• Reputation: Established in 1975 and part of the larger PhillipCapital network with a global presence in 15 countries;
• Regulation: Multiple licenses in various regions, including FCA, SEC, MAS, and ASIC;
• Security Measures: Segregated accounts for client funds;
• Awards: Recipient of over 70 industry awards.

Conclusion and Final Words

Phillip Securities SG provides access to 40,000+ financial products, from Forex to Stocks and Bonds, via POEM, MT5, Nova, CQG, and TT trading platforms. Poems broker also offers money management services with a minimum deposit requirement of 10,000 SGD, and it accepts Google Pay, eNETS, and PayNow payments.