Everything You Wanted To Know About PhillipCapital

Everything You Wanted To Know About PhillipCapital

Kenneth Fong

Here at Seedly, we’re always talking about the importance of saving and investing for the future.

But have you ever wondered who is responsible for making share trading possible for retail investors like you and me? Besides government institutions like the Monetary Authority of Singapore (MAS) that is.

Today, we’re taking a look at THE pioneer of online share trading in Singapore. It’s also the company which offers a suite of award-winning trading platforms that all Singaporean investors would be familiar with (hint: you probably know the platform as POEMS).

Yep, it’s PhillipCapital.

PhillipCapital At Seedly Personal Festival 2019

If this is the first time you’re hearing about PhillipCapital, remember these guys at our most recent Seedly Personal Finance Festival 2019?

PhillipCapital At Seedly PFF 2019

Just in case some of you were too shy to approach them with your questions, we decided to put this together so you can have a better understanding of what PhillipCapital is all about.

Some History And Fun Facts

PhillipCapital Logo

The history of PhillipCapital is littered with a litany of remarkable firsts.

On 18 Jun 1975, PhillipCapital, then known as Phillip Securities, first started as an office on… you guessed it. Phillip Street.

Trading Floor At PhillipCapital in 1975
Source: PhillipCapital

1996 was another momentous year for Phillip Securities when they first launched POEMS (Phillip’s Online Electronic Mart System). It was the company’s solution to meet the online trading needs of Singaporeans and they were perhaps the first in Asia to launch online trading back then.

Fast forward to 2003, PhillipCapital was the first to offer Contracts For Differences (CFDs) to local customers in Singapore.

In 2016, the company launched Asia-Pacific’s first-ever REIT ETF in Singapore.

The next year, the company launched the world’s first bonds trading mobile application, Phillip Bonds.

In 2018, PhillipCapital launched Lion-Phillip S-REIT ETF, the first exchange-traded fund in the world that invests purely in Singapore REITs.

Today, PhillipCapital has grown into an integrated Asian financial house with a global presence.

Insight To Phillip Securities (POEMS)

You’ve probably read our cheatsheet on the various stock brokerages in Singapore. Now, let’s take a closer look at what POEMS offers as your brokerage platform:

1. Island-wide Service

Phillip Investor Centre
Source: PhillipCapital

Need access to consultants for advice on your financial portfolio?

Pop into any of the 15 Phillip Investor Centres located around Singapore. Yep, it’s that easy.

Some of them are even located right in your neighbourhood like Ang Mo Kio, Boon Keng, Marine Parade Central, and many more.

2. Timely Market Research

Timeliness is ESSENTIAL to effective trading.

PhillipCapital Market Journal
Source: PhillipCapital

That’s why PhillipCapital has a Market Journal that publishes investment related news and articles. Besides keeping abreast of the latest developments in the industries or sectors you’re invested in, you can also leverage upon their market insights to make your trading decisions.

But of course, you’ll still have to do your due diligence and make calculated investment decisions!

3. Education

Keen to learn more from industry experts?

PhillipCapital has plenty of video tutorials and webinars available online for you to peruse at your leisure.

Want to learn even more about investment strategies and understand the latest market outlook? Then be sure to attend the various FREE events and seminars held at PhillipCaptial’s various Phillip Investor Centres!

PhillipCapital POEMS Seminar
Source: PhillipCapital

Remember to register your attendance online before heading down!

4. Trading Tools & Features

A POEMS trading account gives you access to over 30 trading tools and features which you can use to personalise your own trading workspace.

POEMS Stock Analytics
Source: PhillipCapital

Some of these useful tools include Stock Analytics which gives you insights like:

  • Business summary
  • Essential stock fundamentals
  • Links to financial statements and investor relations
  • Summarised financial data
  • Technical analysis charting
  • Updated news headlines from Dow Jones, and many more…
POEMS Market Streamer
Source: PhillipCapital

And Market Streamer which lets you know which counter is taking off. It allows you to monitor LIVE time and sales transactions, as well as intra-day Highs and Lows across the exchange in order to identify trading opportunities.

Pretty neat, huh?

5. 24-Hour Support

PhillipCapital provides dealing service during market opening hours from 8am to 5am, for over 26 exchanges across Asia, Europe, and the United States.

So you know that they’ve always got your back.

Other PhillipCapital Products And Services

There are many other PhillipCapital products and services which you can also utilise in your investment journey. Here are just some that might interest you:

1. Phillip SMART Portfolio

Phillip SMART Banner
Source: PhillipCapital

Phillip SMART Portfolio is an investment service that matches a best-fit portfolio with your online risk analysis.

You simply complete a 12 question risk assessment online, input how much you would like to invest (the minimum starting amount is S$5,000) in order to understand what kind of portfolio you would be investing in.

Phillip SMART Online Risk Assessment
Source: PhillipCapital

After that, you can sign-up and open an account online in order to start investing with no upfront fee, brokerage, or platform fees either.

2. Phillip SMART Park

Phillip SMART Park
Source: PhillipCapital

Have spare cash in a bank account that could potentially be enjoying higher interest rates?

Phillip SMART Park manages your spare cash into the largest retail SGD money market fund in the market (based on Total Net Assets). There’s no lock-in period for your deposits, and you can enjoy more than 1% interest (correct as of writing) now for deposits in both SGD and USD.

Best of all, there’re no sales charges or administrative fees levied either.

3. Phillip Share Builders Plan

PhillipCapital Junior Share Builders Plan
Source: PhillipCapital

PhillipCapital’s Share Builders Plan is a Regular Savings Plan (RSP) that is perfect for novice investors.

Why? Because it’s a consistent and disciplined means of monthly investment that provides you access to stocks at a low cost.

The regular fixed dollar amount investment plan enables you to start with as little as S$100 every month and employs an investment method known as dollar cost averaging to build your portfolio. This method is especially useful in hedging against market volatility. Meaning you don’t need to time your entry into the market – something that is almost impossible to do.

If you sign up for a NEW Share Builders Plan and invest in Phillip SING Income ETF, from now till 30 Jun 2019, you’ll receive up to $100 worth of bonus. Check out their terms and conditions, to find out more!

And if you’re a parent who wants to start a NEW Junior Share Builders Plan for your little ones, you’ll get to enjoy 12 months handling fee rebates if you sign up for one. Similarly, check out their promotion’s terms and conditions to find out more!

So if you’re thinking of investing in your child’s future, this seems like a good place to start.

Thinking Of Starting Your Investment Journey With PhillipCapital?

Interested by what you’ve read about PhillipCapital and what the POEMS platform can do?

POEMS Suite Of Trading Platforms
Source: PhillipCapital

Then you’d be happy to know that PhillipCapital currently has a promotion where you can trade stocks, ETFs, and CFDs at $0 commission. Check them out now before the promotion ends on 30 June 2019!

About Kenneth Fong
Owner of a 4-room HDB BTO and married to a financial clutz. Probably the closest to an adult you can find on the Seedly team.
You can contribute your thoughts like Kenneth Fong here.

Still have more questions after reading the article? Fret not, ask our community here!

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