Fuel your Oil Portfolio and allow us to Fuel your Transport!

With up to $600 Grab Transport Vouchers!*

Start trading the world's largest energy source with
ZERO COMMISSION from 1 July - 30 September 2022!

From as low as
USD1 per point
20% Margin Requirement
Award-winning Trading Platform
Local Trade Support

* T&Cs apply.

Fuel your Oil Portfolio and allow us to Fuel your Transport!

Looking to expand your portfolio? Why not trade OIL CFDs? From now till 30 September, enjoy ZERO COMMISSION on all Oil CFD trades and stand the chance to get up to $600 worth of Grab Transport Vouchers

Which Oil CFD products are eligible for the promotion?









  1. The Promotion will be held from 1 July 2022 to 30 September 2022, both dates inclusive. (‘Promotion Period’)
  2. This Promotion is open to all Phillip Securities Pte Ltd (“PSPL”) clients residing in Singapore (due to limitation of Grab Vouchers) with a Contract for Differences (CFD) account. (‘Eligible Clients’)
  3. This promotion is valid for the following CFD products: (‘Eligible Products’)
    1. UK Oil USD100 CFD
    2. UK Oil USD1 CFD
    3. US Oil USD100 CFD
    4. US Oil USD1 CFD
  4. Promotion Mechanics:
    1. Eligible Clients will be entitled to zero commission on all Eligible Products traded through their CFD account with PSPL during the Promotion Period. Standard Finance Charges applies and prevailing exchange rates apply.
    2. Eligible Clients will qualify for S$50 in Grab transport vouchers by trading a total of 500 contracts (buy/ sell) on Eligible Products within a single month, and an additional S$150 in Grab transport vouchers by trading an additional 1,000 contracts (buy/sell) on Eligible Products within the same month (‘Reward’).
    3. The Reward will be in the form of Grab transport gift card with vouchers in denominations of S$10, capped at $200 Grab Transport Vouchers per qualifying customer per month.
    4.  The number of contracts traded on Eligible Products will be reset at the start of each month. Eligible Clients can qualify for the Reward again if they meet the requirement each month during the Promotion Period.
    5. Reward  is limited to the first 500 Eligible Clients each month. Each Eligible Client is entitled to a maximum of ONE Reward per month per NRIC/FIN number.
    6. If a Customer has multiple Eligible Accounts that qualify for this Promotion, only the CFD account with the highest accumulated traded contracts during the promotion period will be considered.
    7.  Contracts traded on Eligible Products across multiple CFD accounts cannot be combined
  5. Reward Delivery:
    1. All qualified customers are required to have a valid email address and phone number registered with PSPL to receive the Reward.
    2. Qualified clients will be notified by our representatives via electronic mail or call by 15th of the month after the qualified month.
    3. Reward redemption instructions will be emailed to qualified customers on a monthly basis via GrabGifts.
    4. PSPL will not be held responsible or liable in any way for any loss or unredeemed gift cards.
  6. Qualified Customers who fail to comply with the Reward Delivery instructions will have their Reward forfeited.
  7. Any requests to swap the Reward with other rewards will not be entertained. All rewards are not transferable and cannot be exchanged for cash or other goods or services.
  8. The participant must be an individual. Corporate accounts are excluded from this promotion.
  9. For CFD joint account holders, only the main account holder will be notified.
  10. The following Customers are NOT eligible to participate in this promotion unless approved by the management of PSPL:
    a) All employees of PSPL / Phillip Nova Pte. Ltd. (“PNPL”), and their associated entities (e.g. trading representatives, financial advisor representatives); PSPL and all its subsidiaries (direct or indirect); and their immediate families (e.g. spouse and children).
    b) By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Reward.
  11. By taking part in the promotion, you agree and consent to PSPL sending relevant information to third-party service providers to facilitate the delivery and redemption of the Reward.
  12. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  13. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete these Terms and Conditions without prior notification (including eligibility; replacement of the prize; promotional mechanics, promotion duration without prior notification, qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
  14.  This advertisement has not been reviewed by the Monetary Authority of Singapore.
  15. By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions.

Introducing UK & US Crude Oil CFD!

Introducing commodities CFDs, UK Oil CFD & US Oil CFD! We are offering both Oil CFDs in 1USD and 100USD contracts which allows for greater flexibility! What are you waiting for? Start trading on the price movements of the oil market with Oil CFD now!


UK Oil CFD tracks the spot price of Brent Crude.

Taking up roughly two-thirds of the world’s crude contracts, Brent Crude is the most widely used benchmark for oil. Brent Crude is produced near the sea and is light and sweet which makes it ideal for refining diesel fuel and gasoline.


US Oil CFD tracks the spot price of West Texas Intermediate (WTI).

West Texas Intermediate (WTI) refers to oil that is extracted directly from the wells in the U.S. It is produced in landlocked areas which makes transportation difficult thus more expensive. WTI is the main benchmark for oil consumed in the United States.

Trade on our award-winning suite of POEMS Platform. Open a CFD Account now!

Product Information

Contract Value per Point Margin Commission Minimum Spread

100 USD 20% $0 US$1 per side / lot 0.03



1 USD 20% $0 US$0.10 per side / lot 0.03



100 USD 20% $0 US$1 per side / lot 0.03



1 USD 20% $0 US$0.10 per side / lot 0.03
Market Trading Hours: Mon – Sat

08:01 – 04:00 (Daylight Saving Time)

09:01 – 05:00 (Non-Daylight Saving Time)

*Zero commission from 1 July – 30 September 2022

Under rare circumstances, Oil CFD prices may fall below $0. When the price falls to or below $0, trading in Oil CFDs will be suspended. No new orders will be accepted and all existing open positions will be closed out at $0. The duration of trading suspension will be at the discretion of Phillip CFD. We advise all clients to trade with caution during times of volatility.

Trade on our award-winning suite of POEMS Platform. Open a CFD Account now!

Why trade Oil CFDs with us?

us uk oil_cfd

What you’re missing out if you’re not trading oil!


    • Oil is the world’s largest energy source and is one of the most volatile commodity
    • Learn more about the benchmarks of oil – Brent Crude and West Texas Intermediate (WTI)
    • Find out what factors affect oil prices and why you should include oil in your trading portfolio

Watch our webinar on the basics of UK & US Oil CFD

Watch our past webinar as our dealer, Sun Wanxin, explained the basics on UK & US Oil CFD!

Why trade CFDs with us?

Singapore CFD Trading Pioneer

Singapore’s CFD
Trading Pioneer

No Minimum Deposit to Open An Account

No Minimum Deposit to Open An Account

Award 2

Award-winning Suites of POEMS Platforms

24/5 Round-the-clock Trade Support

Local Trade Support

Ongoing CFD Promotions


This material is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of your acts based on this information.

Investments are subject to investment risks. The risk of loss in leveraged trading can be substantial. You may sustain losses in excess of your initial funds and may be called upon to deposit additional margin funds at short notice. If the required funds are not provided within the prescribed time, your positions may be liquidated. The resulting deficits in your account are subject to penalty charges. The value of investments denominated in foreign currencies may diminish or increase due to changes in the rates of exchange. You should also be aware of the commissions and finance costs involved in trading leveraged products. This product may not be suitable for clients whose investment objective is preservation of capital and/or whose risk tolerance is low. Clients are advised to understand the nature and risks involved in margin trading.

You may wish to obtain advice from a qualified financial adviser, pursuant to a separate engagement, before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a qualified financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest and we do not offer any advice in this regard unless mandated to do so by way of a separate engagement. You are advised to read the trading account Terms & Conditions and Risk Disclosure Statement (available online at www.poems.com.sg) before trading in this product.

Any CFD offered is not approved or endorsed by the issuer or originator of the underlying securities and the issuer or originator is not privy to the CFD contract. This advertisement has not been reviewed by the Monetary Authority of Singapore.