POEMS CFD MT5 Promotions

1) The Promotion will be held from 2 October 2023 to 29 December 2023, both dates inclusive. (‘Promotion Period’)

2) This Promotion is open to all Phillip Securities Pte Ltd (“PSPL”) clients.

3) This promotion is valid for the following CFD products: (‘Eligible Products’)

a) All FX CFDs

4) Promotion Mechanics:

a) Eligible Clients will qualify for S$20 CFD Cash Credits by trading a total of 8 contracts (buy/sell) on Eligible Products within a single calendar month and an additional S$100 CFD Cash Credits if they trade another 28 contracts (buy/sell) on Eligible Products within the same calendar month (‘Reward’).

b) The number of contracts traded on Eligible Products will reset at the start of each calendar month. Eligible Clients can qualify for the Reward again if they meet the requirement each calendar month during the Promotion Period.

c) Each Eligible Client is entitled to a maximum of S$120 CFD Cash Credit Reward per calendar month per NRIC/FIN number.

d) Clients can trade on either their POEMS CFD account or POEMS CFD MT5 account. If a client has multiple Eligible Accounts that qualify for this Promotion, only the CFD account or POEMS CFD MT5 account with the highest accumulated traded contracts during the promotion period will be considered. Should the client trades an equal number of trades in multiple accounts, we will credit the account that meet the requirement first.

e) Contracts traded on Eligible Products across multiple CFD accounts cannot be combined.

f) Number of Clients who qualify for the promotion is capped at 1888 (unqiue) pax.

 5)    CFD Cash Credits will be credited to the account qualify for the promotion by the 18th of the following calendar month, if the 18th falls on a Saturday or Sunday, the CFD Cash Credits will be credited on the next working day.

 6)    For CFD joint account holders, only the main account holder will be notified.

 7)  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).

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) CFDs may not be suitable for customers whose risk tolerance is low. Customers are advised to understand the nature and risks involved in margin trading. Any CFD offered is not approved or endorsed by the issuer or originator of the underlying security and the issuer or originator is not privy to the CFD contract. Phillip Securities Pte Ltd reserves the right to amend the published information without prior notice. You are advised to read carefully and understand the Risk Disclosure Statement before undertaking transactions in CFDs. As CFD is a Specified Investment Product (SIP), retail customers are subject to the relevant assessment for trading/investing in SIPs. 

16)  By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions and Disclaimers

Be rewarded as a frequent trader on POEMS CFD MT5! Frequent traders whose trade volume hit any tier of the category shown below will get to enjoy trading rebates in the next following month.

Here are the different tiers for each asset class:

 

 

 

 

Terms & Conditions

1. This promotion is valid from 1 March 2023 to 31 December 2023, both dates inclusive.
2. To be eligible to take part in the Trade for Reward Programme, you must
   • Have a POEMS CFD MT5 Account
   • Have satisfied the minimum monthly trading requirement for one or more categories within a calendar month during the promotion period of the Reward Programme as shown below and above respectively:
     • Index – S$ 1,200,000
     • Equities – S$ 100,000
     • FX – S$ 10,000,000
     • Commodities – S$ 200,000
   • Anyone who meets the criteria above is considered an “Eligible Customer” for the Trade for Reward Programme.
3. The calculation of the total traded contract value for the reward is based on trades done on POEMS CFD MT5 Account.
4. Rebate(s) are calculated based on the tables shown above. Based on the table, the Trading Requirement refers to the minimum monthly trading volume criteria as set out in the tables above (to be calculated at an account level).
5. The maximum total rebate for all asset classes that each customer can receive is capped at S$1888.
6. Customers with multiple accounts will be required to meet the trading requirement on each individual account. Trading volume cannot be combined across different accounts to meet the minimum trading requirement.
7. Customers eligible for the rewards in the month will receive the CFD trading Credits credited to their POEMS CFD MT5 account by 15th of the following month.
8. Each customer is entitled to ONE reward tier for each category only.
9. Any eligible CFD Trades done for this promotion are not entitled to receive the POEMS rewards points.
10. All employees and agents of Phillip Securities Pte Ltd (PSPL) and its associated entities and subsidiaries (direct or indirect) are not eligible to participate in this Promotion.
11. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete any time of these Terms & Conditions without prior notification (including eligibility and 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.
12. By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions.

Terms & Conditions

1. Promotion Period:
   • This promotion is valid from 1 March 2023 to 30 June 2023, both dates inclusive
2. Eligible Contracts for Difference (CFDs) Products on POEMS CFD MT5:
   • Equities CFDs (including Direct Market Access (DMA) CFDs)
   • Indices CFDs
   • Commodities CFDs
   • FX CFDs

3. Qualifying Criteria:
   • This promotion is applicable for all Phillip Securities Pte Ltd (“PSPL”) Clients who have not opened a POEMS CFD MT5 account, based on the Client’s unique NRIC/FIN number.
   • Each Client is entitled to ONE reward per NRIC/FIN number.
   • Accounts closed during the Promotion Date will not be eligible.
4. Rewards Mechanics
   • Eligible Clients will receive Rewards, depending on the “Requirement” as per the table shown below.
   • Should a client open multiple eligible MT5 accounts during the promotional period, only the first POEMS CFD MT5 account that has made the first initial deposit during the promotion period will be considered

 

 

 

• Trades executed must be Eligible Contracts for Difference (CFDs) Products on POEMS CFD MT5.
• You will not be eligible for the above stated rewards if you choose to withdraw your Initial Funding within the first 90 days of your first funding date.
• Eligible Clients will only qualify for one tier of the rewards stated above.
• Initial Funding must be in 1 transaction. E.g Clients are only eligible if they open a POEMS CFD MT5 account and deposit S$1500 in one transaction. They will not be eligible for the rewards if they deposit S$1500 in multiple transactions. If a client’s initial funding is S$100, then proceeds to fund another S$1,400 and traded 5 times the client will not be eligible for the Welcome Gift.
• Similarly if a client trades S$1,500 and then funds with S$30,000 afterwards, conducting 50 trades thereafter, they will only be eligible for the Welcome Gift and not the Platinum Welcome Bundle. We will only take into account the first funding of the new POEMS CFD MT5 Account.

 

• Crediting terms will be as follows:

 

• Trading Credits are credits that will be deposited into POEMS CFD MT5 account and can be used to offset the amount of an order.
• Clients will be notified through cfd_marketing@phillip.com.sg to their registered POEMS email address once the trading credits have been credited. The redemption of the Grab Vouchers to eligible clients will also be in the email as well.
• For Clients eligible for the Platinum Welcome Bundle, they will be contacted through his/her registered POEMS phone number or email with more details on the redemption of the AirPod 3rd Gen (worth S$261.40) via cfd_marketing@phillip.com.sg
• PSPL may, without notice and at any time, substitute any prize with a prize of similar value, as determined by PSPL. Prizes won are given out on an “as it is” basis, and are not transferable, or exchangeable or redeemable for cash. To the extent not prohibited by law, all warranties and representations in connection with the prizes are expressly excluded.

 

5. The following Clients are NOT eligible to participate in this promotion unless approved by the management of PSPL: 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).
6. 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.
7. In the event of a dispute over the Client’s eligibility to participate in this promotion, PSPL’s decision will be final.
8. 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.
9. This advertisement has not been reviewed by the Monetary Authority of Singapore.
10. By taking part in this promotion, the participant acknowledges that he / she has read and consented to these Terms & Conditions.
11. In the event of a dispute over the Client’s eligibility to participate in this promotion, PSPL’s decision will be final.