Equities CFD
Trade across markets with our range of Equities CFD
Phillip CFD offers Equities CFD on Singapore, Hong Kong, Malaysia and US markets. The prices quoted on POEMS and CFDTrader are exactly the same as what is quoted on the exchanges. We do not quote additional spreads on top of prevailing market prices, allowing clients the same experience as trading the cash market.
Why trade in Equities CFD with Phillip CFD:
- More than 400 Singapore Equities CFD to long and short from ONE account
- Up to 10 times Leverage
- Buy Long and Sell Short from ONE account
- Price Transparency
- CFDTrader, advanced trading platform with charting
- Competitive Rates & Promotions
- Comprehensive Educational Programmes
- Live price feeds. Some markets may require subscription
- Investor Education
There are two forms of Equities CFD trading, namely Shares CFD and Direct Market Access (DMA) CFD.
Comparison between Shares CFD & DMA CFD
| Shares CFD | DMA CFD | |
|---|---|---|
| Additional spread(s) | No | No |
| Participate in Order Book of The Exchange | No | Yes |
| Participate in Liquidity of The Exchange | No | Yes |
| Pre & Post Auction
(Participate in pre-opening & pre-closing trading sessions) |
No | Yes |
| Share Ownership | No | No |
| Commission | 0.2% or 0.3% | 0.33% |
| Capital Outlay | As low as 10% | As low as 10% |
| Overnight Order Submission | No | Yes |
| Trading Platform(s) | POEMS Online,
Phillip CFDTrader, Your Trading Representative |
POEMS Online,
Phillip CFDTrader, Your Trading Representative |
Find out if Shares CFD or DMA CFD is more suitable for you by completing this simple questionnaire:
| CFD or DMA CFD? | ||
|---|---|---|
| 1. | You enjoy being a price bidder and a price maker on the market. |
Yes
No
|
| 2. | You trade CFDs with the broking house that provides the lowest commission. |
Yes
No
|
| 3. | Placing trades overnight in the market is important for your trading style. |
Yes
No
|
| 4. | You are only interested in making profits on your trades. Thus, it is not important to have your CFD trades join the cash market on the exchange. |
Yes
No
|
| 5. | You only check your trades at the end of each day, and not throughout the day. |
Yes
No
|
| Please answer all questions to receive our recommendation on which product is more suitable for you | ||
You can now choose the mode of trading that suits your trading needs most. DMA CFD allows clients more transparency and also trading in pre-opening, pre-closing and over night orders. However, Shares CFD trading offers lower commission rates. This makes it ideal for short to medium term investors as low commissions translate to lower trading costs.
With the features of both CFD and DMA CFD trading complementing each other, we are confident that we can offer a CFD trading solution for even the most discerning investor out there.
The following Equities CFD are settled in their respective traded currencies.
| World Index CFD | Settlement Currency |
|---|---|
| SGX Shares CFD | SGD |
| KLSE Shares CFD | MYR |
| HKSE Shares CFD | HKD |
| NYSE Shares CFD | USD |
| NASDAQ Shares CFD | USD |
There will be NO auto-conversion for MYR, HKD and USD should there be any margin deficit in these currencies. Should there be any margin deficit in the respective ledger, clients should submit conversion request to avoid incurring margin debit interest.
