Product

Equities CFD

Trade across markets with our range of Equities CFD

Phillip CFD offers more than 5,000 CFDs in Singapore, United States, Hong Kong, Malaysia, China, Japan, Australia and United Kingdom markets. For all Equities CFD, we DO NOT quote additional spreads on top of prevailing market prices, allowing customers the same experience as trading the cash market. Trading opportunities where you can go long or short with CFDs on some of the popular equity counters including Amazon, Nio, Tesla, Alibaba, Tencent, DBS, Sea Limited, and many more!

Why Trade in Equities CFD with POEMS

  • More Than 5000 Contracts to Long & Short From ONE Account
  • Up to 10 Times Leverage
  • Price Transparency
  • Free Dedicated Platform, Live Charting & Education
  • Competitive Rates & Promotions
  • Amalgamation of Trades Across Buy & Sell. Learn more.
  • Live Price Feeds Available
  • No Minimum Deposit to Open an Account
  • Round the Clock Support
  • No Inactivity Fees

Comparison between Equities CFD & DMA CFD

Equities CFD DMA CFD
Additional spread(s) No No
Participate in Liquidity & Order Book of The Exchange May or May Not Yes
Participate in Pre-Opening & Pre-Closing Trading Sessions No Yes
Share Ownership No No
Commission From 0.128% From 0.20%
Margin Requirement As low as 10% As low as 10%
Overnight Order Submission Yes Yes

You can now choose the mode of trading that suits your trading needs most. CFDs transaction offers lower commission rates. This makes it ideal for short to medium term investors as low commissions translate to lower trading costs.

Order Types & Submission

Customers are able to trade CFDs on POEMS 2.0, POEMS Mobile 3.0 (iOS & Android), POEMS Pro and POEMS CFD MT5. There are advanced orders types such as Stop Limit, One-Cancel-Other (OCO), Trailing Stop Limit, If Done, and Contingency to choose from for CFD. Please refer to Phillip CFD Information sheet at the bottom of this page for more information.

Contract List, Specifications & Trading Hours

The details displayed below are indicative only. Please call our CFD dealing desk or use the live chat function to confirm the trading times for the respective markets.

Contract Specifications
Trading Hours Singapore Time (Mon – Fri)
07:00 to 13:00 (DS)
08:00 to 14:00 (Non-DS)
Settlement Currency Australian Dollars
Contract Size Minimum 1 contract
Margin Requirement From 20%
Product List xltx-file-300x300 Australia CFD Product List
Contract Specifications
Trading Hours Singapore Time (Mon – Fri)
09:30 to 11:30
13:00 to 15:00
Settlement Currency Chinese Yuan
Contract Size Minimum 100 contracts
Margin Requirement From 20%
Product List Excel File China CFD Product List

*Positions initiated on T day can only be liquidated on T+1 day.

Contract Specifications
Trading Hours Singapore Time (Mon – Fri)
09:30 to 12:00
13:00 to 16:00
Settlement Currency Hong Kong Dollars
Contract Size Minimum 1 contracts
Margin Requirement From 10%
Product List Excel File Hong Kong CFD Product List
Contract Specifications
Trading Hours Singapore Time (Mon – Fri)
08:00 to 10:30
11:30 to 14:30
Settlement Currency Japanese Yen
Contract Size Minimum 1 contract
Margin Requirement From 30%
Product List Excel File Japan CFD Product List
Contract Specifications
Trading Hours Singapore Time (Mon – Fri)
09:01 to 12:30
14:30 to 16:45
Settlement Currency Malaysian Ringgit
Contract Size Minimum 100 contracts
Margin Requirement From 10%
Product List Excel File Malaysia CFD Product List
Contract Specifications
Trading Hours Singapore Time (Mon – Fri)
09:00 to 12:00
13:00 to 17:00
Settlement Currency Singapore Dollars, US Dollars or Hong Kong Dollars (based on contract traded currency)
Contract Size Minimum 100 contracts
Margin Requirement From 10%
Contract List Excel File Singapore CFD Product List
Contract Specifications
Trading Hours Singapore Time (Mon – Fri)
15:00 to 23:30 (DS)
16:00 to 00:30 (Non-DS)
Settlement Currency GBP
Contract Size Minimum 1 contract
Margin Requirement From 20%
Product List Excel File UK CFD Product List

*GBP stands for pound; GBX stands for pence.

Contract Specifications
Trading Hours Pre Market*
Singapore Time (Mon – Fri)
16:00 to 21:30 (DS)
17:00 to 22:30 (Non-DS)
*For Selected Counters only, please refer here 

Regular Trading Hours
Singapore Time (Mon – Fri)
21:30 to 04:00 (DS)
22:30 to 05:00 (Non-DS)

Settlement Currency US Dollars
Contract Size Minimum 1 contract
Margin Requirement From 10%
Product List Excel File United States CFD Product List

There will be NO auto-conversion should there be margin deficit in any of the currency ledgers. If there is margin deficit in the respective ledger, you should submit conversion request to avoid incurring margin debit interest. Only for MYR Ledger, we will force convert to offset any deficit.