Product

Equities CFD

Trade across markets with our range of Equities CFD

Phillip CFD offers more than 3,000 CFDs in Singapore, United States, Hong Kong, Malaysia, China and Japan markets. For all Equities CFD, we DO NOT quote additional spreads on top of prevailing market prices, allowing clients the same experience as trading the cash market.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

  • More Than 3000 Contracts to Long & Short From ONE Account
  • Up to 10 Times Leverage
  • 3 Calendar Days Free Financing (SG & US Equity Contracts), 1 Calendar Day (China Equity Contracts)
  • Price Transparency
  • Free Dedicated Platform, Live Charting & Education
  • Competitive Rates & Promotions
  • Amalgamation of Trades Across Buy & Sell. Learn more.
  • Live Price Feeds Available
  • No Minimum Deposit to Open an Account
  • Round the Clock Support
  • No Inactivity Fees

Comparison between Equities CFD & DMA CFD

Equities CFDDMA CFD
Additional spread(s)NoNo
Participate in Liquidity & Order Book of The ExchangeMay or May NotYes
Participate in Pre-Opening & Pre-Closing Trading SessionsNoYes
Share OwnershipNoNo
CommissionFrom 0.128%From 0.20%
Margin RequirementAs low as 10%As low as 10%
Overnight Order SubmissionYesYes

You can now choose the mode of trading that suits your trading needs most. Equity CFDs trading offers lower commission rates. This makes it ideal for short to medium term investors as low commissions translate to lower trading costs.

Order Types & Submission

Clients are able to trade Equities CFD on POEMS, POEMS 2.0, POEMS Mobile (iOS & Android) and CFDTrader 2. There are advanced orders types such as Stop Limit, One-Cancel-Other (OCO), Trailing Stop Limit, If Done, and Contingency to choose from for Equities CFD. Please refer to Phillip CFD Infosheet at the bottom of this page for more information.

Contract List, Specifications & Trading Hours

The details displayed below are indicative only. Please call our CFD dealing desk or use the live chat function to confirm the trading times for the respective markets.

Contract Specifications
Trading HoursSingapore Time (Mon – Fri)
07:00 to 13:00 (DS)
08:00 to 14:00 (Non-DS)
Settlement CurrencyAustralian Dollars
Contract SizeMinimum 1 contract
Margin RequirementFrom 20%
Product Listxltx-file-300x300 Australia CFD Product List
Contract Specifications
Trading HoursSingapore Time (Mon – Fri)
09:30 to 11:30
13:00 to 15:00
Settlement CurrencyChinese Yuan
Contract SizeMinimum 100 contracts
Margin RequirementFrom 20%
Product ListExcel File China CFD Product List

*Positions initiated on T day can only be liquidated on T+1 day.

Contract Specifications
Trading HoursSingapore Time (Mon – Fri)
09:31 to 12:00
13:00 to 15:58
Settlement CurrencyHong Kong Dollars
Contract SizeMinimum 100 contracts
Margin RequirementFrom 20%
Product ListExcel File Hong Kong CFD Product List
Contract Specifications
Trading HoursSingapore Time (Mon – Fri)
08:00 to 10:30
11:30 to 14:00
Settlement CurrencyJapenese Yen
Contract SizeMinimum 1 contract
Margin RequirementFrom 30%
Product ListExcel File Japan CFD Product List
Contract Specifications
Trading HoursSingapore Time (Mon – Fri)
09:01 to 12:30
14:30 to 16:45
Settlement CurrencyMalaysian Ringgit
Contract SizeMinimum 100 contracts
Margin RequirementFrom 10%
Product ListExcel File Malaysia CFD Product List
Contract Specifications
Trading HoursSingapore Time (Mon – Fri)
09:00 to 17:00
Settlement CurrencySingapore Dollars, US Dollars or Hong Kong Dollars (based on contract traded currency)
Contract SizeMinimum 100 contracts
Margin RequirementFrom 10%
Contract ListExcel File Singapore CFD Product List
Contract Specifications
Trading HoursSingapore Time (Mon – Fri)
11:00 to 13:30
15:30 to 17:30
Settlement CurrencyThai Baht
Contract SizeMinimum 100 contracts
Margin RequirementFrom 30%
Product ListExcel File Thai CFD Product List
Contract Specifications
Trading HoursSingapore Time (Mon – Fri)
21:30 to 03:59 (DS)
22:30 to 04:59 (Non-DS)
Settlement CurrencyUS Dollars
Contract SizeMinimum 1 contract
Margin RequirementFrom 10%
Product ListExcel File United States CFD Product List

There will be NO auto-conversion for SGD, AUD, HKD, USD, JPY and CNY should there be any margin deficit in these currencies. If there is margin deficit in the respective ledger, you should submit conversion request to avoid incurring margin debit interest. Only for MYR Ledger, we will force convert to offset any deficit.