facebookPOEMS by PhillipCapital Reviews and Comparison - Seedly

POEMS by PhillipCapital

  • Key Features
  • Reviews (426)
  • Discussions (0)
  • More Details
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Summary

POEMS by PhillipCapital Review 2022

Phillip's Online Electronic Mart System, or POEMS for short, is an online trading platform and brokerage by PhillipCapital. POEMS offers various types of accounts catered to the different needs of individual investors.

Product Page Transparency

  • Claimed in December 2020
  • Pays to access additional features

Brokerage Features & Details

1) Key Features

  • Gain access to 26 global stocks exchanges and 12 international markets 
  • Provides specialised customer service where dedicated equity specialist will be assigned to each client
  • Access to market insights, analyses, and intelligence for free
  • Offers a Cash Management Account that is linked to your CDP account so that all your funds are conveniently consolidated in one platform and account
  • Gain access to POEMS 2.0 desktop, with trading tools such as Global Chart Live, Advanced Order Types and Live Order Notifications 
  • Gain access to POEMS 2.0 mobile, with trading tools such as Integrated Account Management, Top Movers Heatmap, Smart Multi-lingual News, and POEMS Alerts 

2) Commission Fees

  • US Stocks & ETFs: From US$3.88 flat 
  • SG Stocks & ETFs: 0.08%
  • HK Stocks & ETFs: From 0.05%, minimum HK$15
  • China Stocks
  • Forex EUR/USD: 0.6 pips
  • Forex USD/JPY: 0.7 pips
  • Forex AUD/USD: 0.7 pips
  • Forex USD/SGD: 0.8 pips
  • Forex GBP/USD: 0.8 pips

3) Other Fees

  • Maintenance fee: Waived
  • Withdrawl fee: S$0
  • Deposit fee: S$0
  • Custody fee: S$2 per stock (maxmimum S$150 per quarter)

4) Account Opening

  • Minimum age: 18 years old
  • Account opening fee: S$0
  • Payment methods: Paynow, FAST, Cheque, CPF/SRS, GIRO, Internet Bill Payment
  • Minimum investment required: S$1,000

5) Products Offered 

  • Stocks
  • Shares
  • ETF
  • Bonds
  • Forex
  • Mutual Funds
  • DLCs
  • Warrants
  • Futures
  • CFD

...see more

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Summary

POEMS by PhillipCapital Review 2022

Phillip's Online Electronic Mart System, or POEMS for short, is an online trading platform and brokerage by PhillipCapital. POEMS offers various types of accounts catered to the different needs of individual investors.

Product Page Transparency

  • Claimed in December 2020
  • Pays to access additional features

Brokerage Features & Details

1) Key Features

  • Gain access to 26 global stocks exchanges and 12 international markets 
  • Provides specialised customer service where dedicated equity specialist will be assigned to each client
  • Access to market insights, analyses, and intelligence for free
  • Offers a Cash Management Account that is linked to your CDP account so that all your funds are conveniently consolidated in one platform and account
  • Gain access to POEMS 2.0 desktop, with trading tools such as Global Chart Live, Advanced Order Types and Live Order Notifications 
  • Gain access to POEMS 2.0 mobile, with trading tools such as Integrated Account Management, Top Movers Heatmap, Smart Multi-lingual News, and POEMS Alerts 

2) Commission Fees

  • US Stocks & ETFs: From US$3.88 flat 
  • SG Stocks & ETFs: 0.08%
  • HK Stocks & ETFs: From 0.05%, minimum HK$15
  • China Stocks
  • Forex EUR/USD: 0.6 pips
  • Forex USD/JPY: 0.7 pips
  • Forex AUD/USD: 0.7 pips
  • Forex USD/SGD: 0.8 pips
  • Forex GBP/USD: 0.8 pips

3) Other Fees

  • Maintenance fee: Waived
  • Withdrawl fee: S$0
  • Deposit fee: S$0
  • Custody fee: S$2 per stock (maxmimum S$150 per quarter)

4) Account Opening

  • Minimum age: 18 years old
  • Account opening fee: S$0
  • Payment methods: Paynow, FAST, Cheque, CPF/SRS, GIRO, Internet Bill Payment
  • Minimum investment required: S$1,000

5) Products Offered 

  • Stocks
  • Shares
  • ETF
  • Bonds
  • Forex
  • Mutual Funds
  • DLCs
  • Warrants
  • Futures
  • CFD

...see more

POEMS by PhillipCapital

$0
MINIMUM FEE
0.08%
TRADING FEES
Custodian
STOCK HOLDING TYPE

POEMS by PhillipCapital

$0

MINIMUM FEE

0.08%

TRADING FEES

Custodian

STOCK HOLDING TYPE

Reviews (426)

4.3

426 Reviews

5
244
4
119
3
33
2
7
1
23

Service Rating

Customer Support

4.4

User Experience

4.3

      Posted 16 Aug 2022

      Purchased

      POEMS by PhillipCapital

      [Features] My go-to for trading SGX! They are always updating their features on the app and website and they give some of the best morning market news. Highly recommend!

      0

      What are your thoughts?

      Posted 25 Jul 2022

      I just downloaded POEMS Mobile 3 and upgraded from POEMS SG 2.0 and is very satisfied with this upgrade. I had maintained my POEMS account since its inception and traded actively in the HKSE online, both using the PC as well as on mobile phone apps. POEMS Mobile 3 has become more user-friendly and retains the useful interfaces in its previous version. I was initially lost about the digital token but soon get use to it. The current apps is more clearly accessible to the various options and allows me to trade effectively with handy easy access from anywhere with wifi access using my mobile line. I also can read information updates and make other interaction access to the "Community" easily. Highly recommended.

      3

      What are your thoughts?

      POEMS

      11 Jan 2022

      Hi there! In case you missed it, we're pleased to announce your review has been selected for the 'Review POEMS on Seedly' campaign! To claim the reward, please send an email to [email protected] with your Full Name, Contact Number, POEMS account number (all of which as per registered with POEMS) with a screenshot of your review by 14/01/2022 23:59hrs, otherwise your entry will be forfeited (do make sure your name on Seedly is visible)!

      View 2 other comments

      Posted 13 Jul 2022

      Purchased

      POEMS by PhillipCapital

      [User Interface] I like the new POEMS Mobile 3, especially the dark mode and bigger font size. The text becomes more visible now. I would suggest to move fingerprint icon to the top and make it more prominent instead of hidden in the bottom [Products Offered] No complaint, can buy stock and Unit Trust using the same app. Well done.

      2

      What are your thoughts?

      POEMS

      08 Aug 2022

      Hi there! We're pleased to announce your review has been selected for the 'Review POEMS' campaign! To claim the reward, please send an email to [email protected] with your Full Name, Contact Number, POEMS account number (all of which as per registered with POEMS) with a screenshot of your review (do make sure your name on Seedly is visible)!

      View 1 other comments

      Posted 13 Jul 2022

      [User Interface] [Features] [Customer Service] [Market Access] [Products Offered] Poems is a fresh and stable platform to trade and invest on a lot of market products with updated information.

      2

      What are your thoughts?

      POEMS

      08 Aug 2022

      Hi there! We're pleased to announce your review has been selected for the 'Review POEMS' campaign! To claim the reward, please send an email to [email protected] with your Full Name, Contact Number, POEMS account number (all of which as per registered with POEMS) with a screenshot of your review (do make sure your name on Seedly is visible)!

      View 1 other comments

      Posted 13 Jul 2022

      Purchased

      POEMS by PhillipCapital

      I trade stocks, CFD, MMF. Giving us live quotes for US/Bursa/SET are great. Chatting with live agents & Bot is a breeze. Poems 3 is great where we can view the active symbols although they were real fast. Poems 3 is newest although front is small even though it could be changed to larger front size. Customer Service officer, Raymond was most helpful to call me back to guide me to that particular page although I managed to change front size. His good attitude impressed me showing consideration to older customer. He deserved my compliments when he told me will feedback to the team for improvement. [Commission Rates]

      2

      What are your thoughts?

      POEMS

      08 Aug 2022

      Hi there! We're pleased to announce your review has been selected for the 'Review POEMS' campaign! To claim the reward, please send an email to [email protected] with your Full Name, Contact Number, POEMS account number (all of which as per registered with POEMS) with a screenshot of your review (do make sure your name on Seedly is visible)!

      View 1 other comments

      Posted 13 Jul 2022

      Purchased

      POEMS by PhillipCapital

      I have been using POEMS for many years , it been user friendly and good customer support as compare to other provider. Highly recommended

      2

      What are your thoughts?

      POEMS

      08 Aug 2022

      Hi there! We're pleased to announce your review has been selected for the 'Review POEMS' campaign! To claim the reward, please send an email to [email protected] with your Full Name, Contact Number, POEMS account number (all of which as per registered with POEMS) with a screenshot of your review (do make sure your name on Seedly is visible)!

      View 1 other comments

      Posted 04 Jun 2022

      Purchased

      POEMS by PhillipCapital

      [Commission Rates] I like that they charge a flat rate esp for us stocks unlike some other brokers out there. The new app also looks good albeit still lacking in some areas.

      1

      What are your thoughts?

      POEMS

      24 Jun 2022

      Hi there, thank you for taking the time to review us! Thank you for your support and we will continue to improve and grow to provide our customers with the best experience!

      Posted 31 Dec 2021

      Purchased

      POEMS by PhillipCapital

      I have stopped stock trading for some 10 years. Now am back. I find POEMS has improved by leaps and bounds. The charts are excellent. And there are so many things in there that I am still learning to grasp to use. Glad to say that despite all these improvements, Phillips Securities is still so humble asking for ideas for further enhancements. Keep up the good work!

      2

      What are your thoughts?

      POEMS

      05 Jan 2022

      Hi there! We're pleased to announce your review has been selected for the 'Review POEMS on Seedly' campaign! To claim the reward, please send an email to [email protected] with your Full Name, Contact Number, POEMS account number (all of which as per registered with POEMS) with a screenshot of your review (do make sure your name on Seedly is visible)!

      View 1 other comments

      Posted 28 Dec 2021

      Purchased

      POEMS by PhillipCapital

      At first, I thought its safer to trade via broker directly. After I switched to use Poem's, I found its safe, easy and faster. Great platform for trading!

      1

      What are your thoughts?

      POEMS

      Edited 29 Dec 2021

      Hi there, thank you for taking the time to share your feedback with us! We will continue to improve and grow to provide our customers with the best experience.

      Posted 22 Dec 2021

      Purchased

      POEMS by PhillipCapital

      1) Online/mobile platform, layout, work flow highly user friendly. Easily among the best among brokerages and banks. And great effort in constantly improving and optimising the online/mobile platform over the past decade+. 2) The bond desk team is excellent. Highly efficient with bond buying and selling. Great effort with the online bond platform prices, easily among the best among banks and brokerages. Perhaps next step is linking up with mobile platform and more detailed info for each bond, like stock analytic. 3) The regular sharing saving plan (Share Builder Plan), for dollar cost averaging strategy, also among the best in industry. Would be ideal for young adults just started working, if there is flat %fee and no minimum fee. 4) Highly competitive fees for shares and bonds. Would be even better for young adults, if flat %fee and no minimum fee.

      3

      What are your thoughts?

      POEMS

      11 Jan 2022

      Hi there! In case you missed it, we're pleased to announce your review has been selected for the 'Review POEMS on Seedly' campaign! To claim the reward, please send an email to [email protected] with your Full Name, Contact Number, POEMS account number (all of which as per registered with POEMS) with a screenshot of your review by 14/01/2022 23:59hrs, otherwise your entry will be forfeited (do make sure your name on Seedly is visible)!

      View 2 other comments

    Discussions (0)

      No Posts Found.

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      Types of Services Provided by POEMS by PhillipCapital

      • POEMS Mobile 3 - all-new investment app for investors of all levels to invest on-the-go. Access Multi-Assets across Multi Markets anytime, anywhere
      • POEMS 2.0 - a beginner friendly all encompassing interface for investors who prefer investing on Web
      • POEMS Pro - platform with advanced trading features for active traders
      • Other specialised platforms for CFD, Forex, UT and Futures
      • Access to over 40,000 products across more than 26 global markets
      • View your entire portfolio and access advanced features across all platforms anytime
      • Over 30 trading tools and features such as TradingView, Enhanced Market Depth and Ticker Streamer for analysis and research

      Types of accounts available with POEMS by PhillipCapital

      The types of account provided are:

      • Cash Plus Account (Low Cost Account)
      • Cash Management Account (CDP-linked Account with contra facility)
      • Margin Account 
      • Share Financing Account (Margin Account with contra facility)
      • Securities Borrowing Account
      • Leveraged FX Account
      • Futures Account

      Brokerage fees and charges of POEMS by PhillipCapital

      The fees and charges of POEMS by PhillipCapital are as follows:

      Online

      • Singapore Market: 0.08%, S$0 Minimum Commission
      • US Market: from $1.88 flat
      • Hong Kong Market: from 0.05%, minimum HKD 15

      Broker Assisted

      • Singapore Market:
        -Investment of below S$50,000: 0.50%
        -Investment of S$50,000 to S$100,000: 0.40%
        -Investment above S$100,000: 0.25%
        -Minimum Commission S$40

      • US Market: 0.50%, minimum USD 25
      • Hong Kong Market: 0.30%, minimum HK$150

      Other charges:

      • Platform Fee: $0
      • Account Maintenance Fee (SGX): $0, provided one trade is placed per quarter. Otherwise, S$16.05 per quarter is chargeable.
      • Foreign Shares Custody Charges: Waived for US and HK markets until 31 December 2022
      • Dividend Handling Fee (SGX): 1% on net dividend subject to minimum S$1.07, capped at S$53.50 + foreign fees and taxes (if applicable)

      Contact POEMS by PhillipCapital

      • POEMS by PhillipCapital hotline: 6531 1555
      • Visit POEMS website for more details

      Contact us at [email protected] should you require any assistance or spot any inaccuracies