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PhillipCapital Forex Broker Review and Rating

A Trusted Forex Broker

PhillipCFD We are part of the PhillipCapital Group of companies that was founded more than 40 years ago & with offices in 16 countries and regions. The group has over $1bn in shareholder funds and $30bn in customer assets under custody and management globally.

With a team of dedicated dealers, we continue to focus on product innovation and providing the best possible service.  We are committed to provide fair dealing and a transparent trading experience to our customers through our platforms – POEMS 2.0, POEMS Mercury and POEMS Mobile 2.0 (iPhone, iPad and Android).  Our CFD prices are marked to market, with no additional spreads and customers can also trade via Direct Market Access (DMA), giving them another mode of CFD tranactions.

Phillip CFD dealing desk operates from Monday to Saturday, 5.00am till 5.00am (Daylight Savings) or 6.00 am till 6:00am (Non-Daylight Savings). If you have any difficulties with your trades, drop us a call at +65 6336 4564 and we will be able to assist you right away. We provide the best customer support there is in the industry.

At Phillip CFD, we partner with all our institutional customers in “win-win” and long term collaborations. In the B4B (business for business) world, we are working for our customers who are also our business partners as opposed to simply selling to them. We actively drive successful outcomes by offering a comprehensive range of customized services and solutions that cater to the different needs of institutions of all types, irrespective of their size.

You can refer customers to Phillip CFD once you have registered as an Introducing Broker (IB) with us. We reward individuals, trainers and businesses who refer their customers to us. Inform your customers about the importance of investment and trading. Tell them the tools, platforms and education POEMS CFD offers to help them on their journey. Contact Us to get started today.

Want to get a feel of the platform before you trade? You can always do it on our award-winning POEMS platforms. We do not require customers to deposit any amount of money during account opening. You only need to deposit when you wish to trade. You can familiarize yourself with the platform first.

Phillip CFD dealing desk operates from Monday to Saturday, 5.00am till 5.00am (Daylight Savings) or 6.00 am till 6:00am (Non-Daylight Savings). If you have any difficulties with your trades, drop us a call at +65 6336 4564 and we will be able to assist you right away. We provide the best customer support there is in the industry.

Phillip CFD do not require our customers to deposit any amount of money to open a Trading Account. After the account is opened, customers will have access to our live charting functions and educational seminars. We believe that knowledge is a lifelong journey and that it is important that we have a comprehensive education programme for customers.

💰 Account currency: $ AUD $ USD £ GBP € EUR $ CAD
🚀 Minimum deposit: From $100 USD
⚖️ Leverage: Up to 1:500 (Max account) Products Offered: Forex, metals, energies, commodities, cryptos & indices
💱 Spread: Average spread for EUR/USD is 0.0 pips Commission: $3.5 USD per lot / per side
🔧 Instruments: Currency pairs (60+), CFDs on stocks (70+), indices (10), metals (4), energy resources (5)
💹 Headquarters and License
Regulated by the Seychelles Financial Services Authority with license number SD082.,  Address:  23 Raith Avenue, Southgate, London N14 7DU, England.

Exclusive Welcome Gifts for NEW POEMS CFD MT5 Traders (worth up to S$760)!

From 1 March 2023 to 30 June, Open, Fund and Trade with your POEMS CFD MT5 to enjoy our welcome gift bundle worth up to S$760!

This promotion is valid to all Phillip Securities Pte Ltd (PSPL) customers who have not open a POEMS CFD MT5 Account. *T&Cs Apply.

Be entitled to 1 of the tiered rewards, based on the total amount of initial funds and number of trades made during the promotion period.

Do note that you will have to fund into your POEMS MT5 CFD Account.

*You will not be eligible for the above stated rewards if you choose to withdraw your Initial Funding within the first 90 days of your first funding date.

Promotion Period:

This promotion is valid from 1 March 2023 to 30 June 2023, both dates inclusive

Eligible Contracts for Differences (CFDs) Products on POEMS CFD MT5:

Equities CFDs (including Direct Market Access (DMA) CFDs)

  • Indices CFDs
  • Commodities CFDs
  • FX CFDs

Qualifying Criteria:

This promotion is applicable for all Phillip Securities Pte Ltd (“PSPL”) Customers who have not opened a POEMS CFD MT5 Account, based on the Customer’s unique NRIC/FIN number.

  • Each Customer is entitled to ONE reward per NRIC/FIN number.
  • Accounts closed during the Promotion Date will not be eligible.
  • Rewards Mechanics
  • Eligible Customer will receive Rewards depending on the “Requirement” as per the table shown below.

 Should a customer open multiple eligible MT5 Accounts during the promotional period, only the first POEMS CFD MT5 Account that has made the first initial deposit during the promotion period will be considered

Largest number of Singapore equities CFDs available for shorting

24/5 Local Trade Support

All trades of the same CFD contract traded intraday are amalgamated

CFD is contractual agreement between two parties to settle the difference between opening and closing price at the close of contract.

Direct Market Access (DMA) CFD allows investors to have direct access to the cash market via CFD.

Phillip World Indices CFD | CFD Trading Singapore

World Indices CFD allows investors to track and trade the underlying index, although the prices may differ from the actual index levels.

in the price movement of the underlying commodities, ranging from metals, and energy to agriculture.

Forex (FX) CFD allows investors to long or short a currency pair allowing investors to trade and take advantage of both rising or falling market price movements.

For traders of all levels, beginners to experienced individuals who want to easily trade multiple products through one platform.

A powerful one-click trading platform for both new and experienced traders.

For traders who desires a seamless experience with tools to enable faster decision making

As the pioneer of CFD transactions in Singapore, we won the award for Largest CFD Provider in Singapore from Investment Trends, by primary relationships with CFD traders, based on CFD & FX Reports (2010-2018). In 2012, we were also most associated with being approachable, trustworthy and financially stable based on ratings given by 12,200 investors. Get started with us now!

CFDs may not be suitable for customer whose risk tolerance is low. Customer 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 that 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. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Copyright © 2023. Brought to you by Phillip Securities Pte Ltd (A member of PhillipCapital) Co. Reg. No. 197501035Z. All Rights Reserved.

The following are all the terms & conditions that you must read, understand and agree to when trading CFDs with us.

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