Be Confident with a Multiple Award Winning Retail Broker
Phillip Securities, winner of multiple awards over the years, is committed to keep your accounts safe in compliance with MAS regulations. As per section 104 of the SFA and regulation 16 of the Securities and Futures (Licensing and Conduct of Business) Regulations, Phillip Securities keeps funds belonging to clients in a trust account designated for clients, which cannot be commingled with Phillip Securities’ funds. This ensures that your equity balance is protected in times of failure.
We would like to assure our clients that Phillip Securities is financially secure and has prided itself to place the interests of our clients as our top priority. We have received numerous queries regarding the recent incident with MF Global, and would like to state that Phillip Securities does not have any exposure to MF Global nor use them as a counterparty to provide CFD products to our clients. Phillip CFD also does not use any of MF Global’s systems in our operations. In your CFD transactions, be assured that Phillip Securities is your counterparty and all clients’ positions are held in Phillip Securities.
Good Reasons to trade with Phillip CFD, Singapore’s largest CFD provider:
- Clients’ funds are kept safe in separate trust account
- 2 modes of CFD trading: Shares CFD & Direct Market Access (DMA) CFD
- More than 400 Singapore Equities CFDs to long and short
- Enjoy competitive rates
Thank you.
Best Regards,
Luke Lim
Manager, Contracts for Difference
Phillip Securities Pte Ltd
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