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Contact Us
Trading Line: (65) 6336 3338
Account Enquiry: (65) 6336 4564
Fax: (65) 6334 2015
Email: cfd@phillip.com.sg

Night Dealing: (65) 6532 0696 /
                      6532 6703
(US CFD, from 9:30pm onwards)




 PhillipCFD Launches CFDs
 On Exchange Traded Funds

 • Diversify Your Portforlio
 • Trade on Hong Kong Exchange

 Read more about it here

 

Rates and Promotions for 2008



To commemorate Phillip CFD’s 5th year anniversary, we have revised our rates! We are proud to be the pioneer of CFD trading in Singapore. Thank you for your support for Phillip CFD all these years.


  SG CFD Rates KL CFD Rates HK CFD Rates
Commission
* Rates subjected to changes. GST on Commission
Index Comp Stocks
0.2% flat
Non-Index Comp Stocks
0.3% flat
0.6%
(Settlement Curr in MYR)
0.4%
Min Commission Min S$25 / US$15 / HK$150 Min RM 60 Min HK$150
* Finance Charges
* Based on 100% contract value
* Rates subjected to changes
Long : 5.5% p.a. (DR)
Short : 8.0% p.a. or #4% p.a. (DR)
#Selected SG counters
Long : 5.5% p.a. (DR)
Short : 4.0% p.a. (DR)
Long : 5.5% p.a. (DR)
Short : 8.0% p.a. (DR)
Current Promotion (s)
i) 0.13% (Index Stocks) till 31 Dec 08
Min S$25 / US$15 / HK$150
ii) 7 calendar days FREE financing till 31 Dec 08
NA
i) 0.35% till 31 Dec 08
Min HK$150

 

  US Stocks CFD Rates US Indices CFD Rates
Commission
* Rates subjected to changes. GST on Commission
0.25%
(Per trade basis)
Wall Street
US$10 (per leg, per qty basis)
US SP 500 & US TECH 100
US$5 (per leg, per qty basis)
Min Commission Min US$25 NA
* Finance Charges
* Based on 100% contract value
* Rates subjected to changes
Long : 8.25 p.a. (DR)
Short : 1.5% p.a. (CR)
Long : 8.25 p.a. (DR)
Short : 1.5% p.a. (CR)

 

 

Phillip Singapore Stock CFD Working Examples

Long Example

A client is bullish on ZZ (listed on SGX and non-Index component stock) and purchases 2,000 shares at S$1.40.  Alternatively, the client can deposit the S$2,800 and buy up to S$14,000 worth of CFD contract in counter ZZ at S$1.40.  

 

Scenario 1: Positions are closed 10 days later @ S$1.50

Original Investment

Long CFD
$2,800

Long Stock
$2,800

Opening contract value (Day 1)

(S$14,000)

(S$2,800)

Opening commission (incl GST)

(S$44.94)

(S$26.75)

Clearing & Access fees (incl GST)

$0

(S$1.42)

Finance Charge

($21.10)

S$0

Closing contract value (Day 10)

$15,000

S$3,000

Closing Commission (incl GST)

($48.15)

(S$26.75)

Clearing & Access fee (incl GST)

$0

(S$1.52)

Net gain

S$885.81

S$143.56

Return on Equity
(Net Gain/Original Investment)

31.64%

5.13%


 

Scenario 2: Positions are closed 10 days later at S$1.30

 

Original Investment

Long CFD
$2,800

Long Stock $2,800

Opening contract value (Day 1)

(S$14,000)

(S$2,800)

Opening commission (incl GST)

(S$44.94)

(S$26.75)

Clearing & Access fees (incl GST)

$0

(S$1.42)

Finance Charge

(S$21.10)

S$0

Closing contract value (Day 10)

S$13,000

S$2,600

Closing Commission (incl GST)

(S$41.73)

(S$26.75)

Clearing & Access fee (incl GST)

S$0

(S$1.32)

Net loss

(S$1,107.77)

(S$256.24)

Return on Equity
(Net Loss/Original Investment)

(39.56%)

(9.15%)



Short Example

A client is bearish on ZZ (listed on SGX and non-Index component stock) and sells 4,000 shares (2 times leverage) at S$1.40 after borrowing from SBL.  Alternatively, the client can deposit the S$2,800 and sell up to S$14,000 worth of CFD contract in counter ZZ at S$1.40.  

Scenario 1: Positions are closed 10 days later @ S$1.30

Original Investment

Short CFD
$2,800

Short Stock $2,800

Opening contract value (Day 1)

S$14,000

S$5,600

Opening commission (incl GST)

(S$44.94)

(S$16.78)

Clearing & Access fees (incl GST)

S$0

(S$2.85)

Borrowing Charge

(S$30.68)

(S$10.74)

Closing contract value (Day 10)

(S$13,000)

(S$5,200)

Handling fee (incl GST)

S$0

(S$21.94)

Closing Commission (incl GST)

(S$41.73)

(S$15.58)

Clearing & Access fees (incl GST)

S$0

(S$2.64)

Net gain

S$882.65

S$329.47

Return on Equity
(Net Gain/Original Investment)

31.52%

11.77%

 

Scenario 2: Positions are closed 10 days later @ S$1.50

 

Original Investment

Short CFD
$2,800

Short Stock $2,800

Opening contract value (Day 1)

S$14,000

S$5,600

Opening commission (incl GST)

(S$44.94)

(S$16.78)

Clearing & Access fee (incl GST)

S$0

(S$2.85)

Borrowing Charge

(S$30.68)

(S$10.74)

Closing contract value (Day 10)

(S$15,000)

(S$6,000)

Handling fee (incl GST)

S$0

(S$21.94)

Closing Commission (incl GST)

(S$48.15)

(S$17.98)

Clearing & Access fee (incl GST)

S$0

(S$3.05)

Net Loss

(S$1,123.77)

(S$473.34)

Return on Equity
(Net Loss/Original Investment)

($40.13%)

(16.90%)

 

Thank you for your continued support!


© 2007 Phillip CFD. All Rights Reserved. Company Reg No. 197501035Z
Phillip Securities Pte Ltd (A member Of PhillipCapital).