Open and Fund a POEMS CFD MT5 Account and
Get a Welcome Bonus
Your S$30 Welcome Bonus awaits you. With extra funds at your disposal, you will have the flexibility to diversify your portfolio, explore new strategies, and potentially increase your profitability. Don't miss out on this chance to supercharge your trading journey with POEMS CFD MT5.
MT5 Markets and Costs
FX CFD Pairs | Best Spread | Margin Requirement | Value of 1 Pip |
USD/SGD
| 0.7 Pips | 5% | S$1 |
AUD/USD
| 0.4 Pips | 5% | US$1 |
GBP/USD
| 0.4 Pips | 5% | US$1 |
EUR/USD
| 0.3 Pips | 5% | US$1 |
Spreads are subject to variation and may widen, especially in volatile market conditions.
Indices | Related Cash Index | Target Spreads | Margin Requirement | Value of 1 Index Point |
Wall Street Index USD1 CFD
| Dow Jones Industrial Average | 4 | 5% | US$1 |
US SP 500 Index USD1 CFD
| S&P 500 | 0.5 | 5% | US$1 |
US Tech 100 Index USD1 CFD
| Nasdaq 100 | 1 | 5% | US$1 |
Hong Kong Index HKD1
| Hang Seng Index | 11 | 5% | HK$1 |
Spreads are subject to variation and may widen, especially in volatile market conditions.
Equities | Settlement Currency | Margin Requirement | Contract Size |
Nvidia Corporation (NVDA)
| USD | From 10% | Minimum 1 contract |
Microsoft Corporation (MSFT)
| USD | From 10% | Minimum 1 contract |
DBS Group Holdings Ltd
| SGD | From 10% | Minimum 1 contract |
Keppel Corporation Ltd
| SGD | From 10% | Minimum 1 contract |
Spreads are subject to variation and may widen, especially in volatile market conditions.
Terms & Conditions
- Promotion Period:
- This promotion is valid from 1 April 2024 to 31 December 2024, both dates inclusive.
- Qualifying Criteria:
- This promotion is applicable for all Phillip Securities Pte Ltd (“PSPL”) Clients who have not opened a POEMS CFD MT5 account, based on the Client’s unique NRIC/FIN number.
- Each Client is entitled to ONE reward per NRIC/FIN number.
- Accounts closed during the Promotion Period will not be eligible.
- Rewards Mechanics
- The Reward is a welcome bonus of S$30 CFD Cash Credits.
- Clients are eligible for the Reward when they open a POEMS CFD MT5 account and do an initial funding of at least S$2,000, within the month of opening their POEMS CFD MT5 account during the Promotion Period (Capped at First 10,000 Clients).
- Initial Funding must be made in one transaction. For example, Clients are only eligible if they open a POEMS CFD MT5 account and deposit S$2,000 in one transaction. They will not be eligible for the Reward if they deposit S$2,000 in multiple transactions. For example, if a Client’s initial funding is S$1,500, then proceeds to fund another S$500 to hit S$2000, the Client will not be eligible for the Welcome Bonus.
- CFD Cash Credits are credits that will be deposited into the eligible POEMS CFD MT5 accounts and can be used to offset any CFD charges.
- Eligible clients will receive the Reward in the 2nd week of the following month in their POEMS CFD MT5 Account. Do note that clients who close their account or withdraw the initial funding before the crediting date will not be eligible for the reward.
- Clients will be notified through cfd_marketing@phillip.com.sg to their registered POEMS email address once the Cash Credits have been credited.
- 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 delivery and redemption of the Reward.
- In the event of a dispute over the Client’s eligibility to participate in this promotion, PSPL’s decision will be final.
- 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 Singapore
Frequently Asked Questions (FAQ)
Only the clients of Phillip Securities Pte Ltd who have NOT previously opened a POEMS CFD MT5 account will qualify for the promotion.
You will be automatically opted-in for the promotion as long as the terms and conditions are satisfied. No additional sign-ups necessary!
Click here to open a POEMS CFD MT5 Account. Please take note that you will need a POEMS CFD Account in order to open a POEMS CFD MT5 account.
Login to POEMS2.0 > Acct Mgmt> CFD> MetaTrader5> Fund Transfer
Eligible clients will receive The Welcome Bonus of S$30 Cash Credits in the 2nd week of the following month in their POEMS CFD MT5 account. For example, if an eligible client opens and funds the account in Nov, he/she will receive the S$30 Cash Credits in the 2nd week of December.
Clients will be notified through cfd_marketing@phillip.com.sg to their registered POEMS email address once the Cash Credits have been credited
You can email us at cfd_marketing@phillip.com.sg if you have any other enquiries.
POEMS CFD MT5 is also known as MetaTrader 5 (MT5).
It is a multi-asset platform that offers outstanding trading opportunities and technical analysis tools, and enable the use of automated trading systems such as training robots and copy trading. POEMS CFD MT5’s full suite makes navigation of global markets easy for all traders, allowing them to take charge of their portfolio.
POEMS CFD MT5 offers:
- Equities CFD
- Indices CFD (Zero Commission)
- Commodities CFD (Zero Commission)
- FX CFD (Zero Commission)
To view the pricing of the CFD products, click here.
You can view our MT5 download guide here.
You can view our MT5 user guide to learn about it here. This comprehensive guide will walk you through the setup process and provide valuable insights to kick-start your trading journey.
Email us at cfd_marketing@phillip.com.sg, if you have any other enquiries.
