Promo

POEMS Promo: Get free shares worth up to S$280 for new users

By Beansprout • 19 Feb 2024 • 0 min read

Get free shares worth up to S$280 when you fund and trade with a new POEMS account.

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What's the deal with the POEMS promotion?

POEMS is currently having a welcome promotion where you can earn free shares when you fund and trade with a new POEMS account. 

  • Tier 1: Make an initial deposit of S$3,000 within 14 days of Account Opening & Execute 3 BUY Trades (Stocks/ETFs/Unit Trusts) within 90 days of Account Opening to receive 2 X FREE JD.com Shares (worth S$76*)
  • Tier 2:  Make an initial deposit of S$10,000 within 14 days of Account Opening & Execute 5 BUY Trades (Stocks/ETFs/Unit Trusts) within 90 days of Account Opening to receive 2 X FREE JD.com Shares (worth S$76*) and 2 X FREE Alibaba Shares (worth S$204*)

*T&Cs Apply. Subjected to price fluctuations. 

poems cny free shares 2024
Source: POEMS

 

In addition, you can receive the following when you open a new POEMS account:

  • 0 US Commission for 90 days
  • 0% Sales Charge on Unit Trusts
  • Free Live Prices for SGX & US Asian Hours
  • Free Live Prices for US (NASDAQ, NYSE, AMEX), MYR (BURSA), THAI (SET) & US Options for non-professionals (worth S$110)
  • Free SGX Enhanced Market Depth Access until 30 Nov 2024 (worth S$240) 
poems cny account opening rewards
Source: POEMS

Eligibility requirements for POEMS promotion

  • This promotion is only open to customers who are new to Phillip Securities Pte Ltd and opt-in to Excess Funds Management Facility (SMART Park)
  • This promotion will run till 29 February 2024

T&Cs apply. The full terms and conditions can be found here. 

How to participate in the POEMS promotion?

In order to earn your rewards, you will need to complete the following steps:

  • Step 1: Open a new POEMS account here.
  • Step 2: Login to POEMS Mobile 3 App
  • Step 3: Redeem your US 0 Comm reward at the Reward Centre
  • Step 4: Redeem your Live Prices rewards via the POEMS 2.0 Live Price Subscription.
  • Step 5: Make an initial deposit of S$3,000 within 14 days of Account Opening & Execute 3 BUY Trades (Tier 1) OR make an initial deposit of S$10,000 within 14 days of Account Opening & Execute 5 BUY Trades (Tier 2)
  • Step 6: Submit W8Ben, RWS and CAR forms
  • Step 7: Redeem free shares rewards at the Reward Centre
poems promo rewards steps
Source: POEMS

What else do I need to know about the POEMS promotion?

Launched by Phillip Securities in 1996, the POEMS trading platform offers extensive access to numerous exchanges and over 40,000 financial products including, stocks, bonds, unit trusts, forex, futures, insurance, and even a Regular Savings Plan.

Its key features include:

  • Allows you to park your idle cash and earn with Money Market Funds (SMART Park) at 3.72%* p.a. for SGD / 5.46%* p.a. for USD with no lock-in periods
  • 0 Platform Fees, 0 Custody Fees, 0 Settlement Fees 
  • No Hidden Fees
  • Competitive rates for 26 exchanges
  • Fund & Trade in 10 different currencies 
  • 2000+ Unit Trusts at 0% Sales Charge, 0% Switching Fee, and 0% Platform Fee
  • Stock reports provided by Phillip Securities Research analysts

Read our guide to investing with a POEMS trading account here.

*Rates updated as of 5 February 2024.  Based on the average rate of annualised returns over the last rolling week. Past performance is not necessarily indicative of future performance.

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Get free shares worth up to S$280

Get free shares worth up to S$280 when you fund and trade with a new POEMS account. 

Sign up now

This article was first published on 19 February 2024 .

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