Exclusive Welcome Bonus
Receive up to S$500 when you open a CFD account and trade with us during the Promotion Period.
Promotion Period: 6 January 2025 - 31 March 2025
** New Trade refers to a trade that is not a liquidation trade. Amalgamated trades will be considered as 1 trade. For more details on amalgamation, please refer here.
How it works
John opened a CFD account on 8 Jan 2025 and decided to do the following new trades on eligible products:
On 13 Jan 2025, he did his first new trade and 5 other new trades, earning him S$150.
On 28 Jan 2025, he did 1 new trade, earning him S$10.
On 2 Feb – 6 Feb he did 5 new trades per day, earning him S$50 per day, amounting to S$250.
On 28 Feb 2025, he did 9 new trades, earning him S$50 (capped at S$50 per day).
On 9 Mar 2025, he did 4 new trades, earning him S$40.
On 25 Mar 2025, he did 5 new trades but he will not earn any cash credits from these trades as he has hit the cap of S$400.
In total, he would be getting S$500 cash credits.
How to start trading?
1. Open a CFD Account
Open an account and trade on our seamless platform
3. Start Trading
Phillip CFD offers more than 5000 CFD contracts in 8 markets.
Open a CFD account and trade now!
Why trade CFDs with us?
US Pre-Market Trading Access:
React swiftly to market-moving news and opportunities with access to US Pre-Market trading.
Comprehensive Trading Tools:
Use advanced tools and real-time data on POEMS to make informed decisions in today’s fast-paced markets.
Hedge Your Portfolio:
Use CFDs to hedge your existing portfolio by balancing exposure to market shifts during periods of uncertainty.
Need help getting started on CFD? Reach out to us here!
Terms & Conditions
- Promotion Period This promotion is valid from 6 January 2025 to 31 March 2025, both dates inclusive.
- Eligible Products
This promotion applies to all Contract for Differences (CFDs) available on POEMS, including:
- Equity CFDs (including Direct Market Access CFDs)
- Index CFDs
- Commodities CFDs
- Forex CFDs
- Qualifying Criteria This Promotion is applicable to individuals who:3.1 does not have an existing POEMS CFD account, identified by their unique NRIC/FIN number; 3.2 opens a new POEMS CFD account during the promotion period.
- Promotion Mechanics for Welcome Bonus This Promotion provides a Welcome Bonus of up to S$500 in cash credits.
Only accounts that meet the Qualifying Criteria and the specified trading activity requirements set below during the Promotion Period will receive the Welcome Bonus.
- Receive S$100 cash credits for the first CFD trade done on Eligible Products
- Receive S$10 cash credits for each subsequent New Trade done on Eligible Products, capped at S$50 per day and up to S$400 for the entire Promotion Period. ( A New Trade refers to a trade that is not a liquidation trade).
- Amalgamated trades will be considered as 1 trade. For more details on amalgamation, please refer here.
- Crediting Terms
- Any Welcome Bonus earned under the terms of this Promotion will be credited to eligible customer’s accounts by 15 April 2025.
- The POEMS CFD account must have a balance exceeding S$0 by the end of the promotion period to be eligible for the Welcome Bonus.
- Eligible customers will be notified via cfd_marketing@phillip.com.sg through their registered POEMS email address once the Welcome Bonus has been credited.
- Accounts closed before the crediting date will not receive the Welcome Bonus. 6. General Terms
- PSPL may, without notice and at any time, substitute any prize with a prize of similar value, as determined by PSPL. Prizes won are given out on an “as it is” basis, and are not transferable, or exchangeable or redeemable for cash. To the extent not prohibited by law, all warranties and representations in connection with the prizes are expressly excluded.
- The following Clients are NOT eligible to participate in this promotion unless approved by the management of PSPL: All employees of PSPL / Phillip Nova Pte. Ltd. (“PNPL”), and their associated entities (e.g., trading representatives, financial advisor representatives); PSPL and all its subsidiaries (direct or indirect); and their immediate families (e.g. spouse and children).
- By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the notification and redemption of the Reward.
- Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, 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.
- CFDs may not be suitable for customers whose risk tolerance is low. Customers are advised to understand the nature and risks involved in margin trading. Any CFD offered is not approved or endorsed by the issuer or originator of the underlying security and the issuer or originator is not privy to the CFD contract. Phillip Securities Pte Ltd reserves the right to amend the published information without prior notice. You are advised to read carefully and understand the Risk Disclosure Statement before undertaking transactions in CFDs. As CFD is a Specified Investment Product (SIP), retail customers are subject to the relevant assessment for trading/investing in SIPs.
- By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions and Disclaimers
- This advertisement has not been reviewed by the Monetary Authority of SingaporeBy participating in this promotion, participants acknowledge that they have read and accepted these Terms & Condition
This promotion is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acting based on this information.
Investments are subject to investment risks. The risk of loss in leveraged trading can be substantial. You may sustain losses in excess of your initial funds and may be called upon to deposit additional margin funds at short notice. If the required funds are not provided within the prescribed time, your positions may be liquidated. The resulting deficits in your account are subject to penalty charges. The value of investments denominated in foreign currencies may diminish or increase due to changes in the rates of exchange. You should also be aware of the commissions and finance costs involved in trading leveraged products. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. Clients are advised to understand the nature and risks involved in margin trading.
You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at https://www.poems.com.sg/ before trading in this product.
Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Frequently Asked Questions (FAQ)
To be eligible, individuals must not have a POEMS CFD account and must open an account between 6 January 2025 and 31 March 2025.
All CFD products available on POEMS are eligible for trading under this promotion including:
- Equity CFDs, including Direct Market Access (DMA) CFDs
- Index CFDs
- Commodities CFDs
- Forex CFDs
Once you open a new POEMS CFD account and make your first trade on an Eligible Product between 6 January 2025 and 31 March 2025, you will be eligible for the S$100 cash credits as part of the Welcome Bonus.
Yes, you can earn S$10 cash credit for each subsequent New CFD trade done on Eligible Products, capped at S$50 per day and up to S$400 for the entire Promotion Period.
- A New trade refers to a trade that is not a liquidation trade.
- Amalgamated trades will be considered as 1 trade.
For more details on amalgamation, please refer here.
The maximum amount you can receive from this promotion is S$500, which includes
- S$100 for the first trade, and
- up to S$400 for subsequent trades
The cash credits from the Welcome Bonus will be credited to your POEMS CFD account by 15 April 2025, provided your account has a balance greater than S$0 by the end of the promotion period.
If you close your account before the cash credits are issued, you will not be eligible to receive the Welcome Bonus.
Kindly drop us an email at cfd@phillip.com.sg along with your account number to check your eligibility for this promotion.
You can email us at cfd_marketing@phillip.com.sg, if you have any other enquiries!