Phillip Securities (POEMS)

Written by How we review

Phillip Securities (POEMS) is a Singapore-based forex broker offering broad access to currency markets via the POEMS trading platform, along with multi-asset tools, research, and customer support. It operates as a regulated brokerage with an integrated platform for trading forex and other instruments.
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Key facts

8.3/10
Our rating
#50
Trust rank
1975
Founded
4
Licences
231
Countries accepted
HeadquartersSingapore
Broker typeMarket Maker
RegulationMAS; SFC; SC Malaysia; OJK
PlatformsProprietary
InstrumentsForex
Fee levelMedium

Updated

Pros

  • • MAS-regulated; segregated client funds
  • • MetaTrader 5 support for Forex/CFDs
  • • POEMS Pro with advanced charting and order types
  • • Local SGD funding via FAST/PayNow and bank transfer
  • • Multi-asset access under one ecosystem (FX, CFDs, futures, equities)

    • Cons

  • • Limited forex pair selection
  • • No MetaTrader (MT4/MT5) support on POEMS
  • • No raw-ECN accounts; wider spreads
  • • Lower leverage due to MAS regulations
  • • Limited funding methods (mostly bank transfer)

    • Key Features

  • • MAS Regulated with Segregated Client Funds
  • • FX CFDs on POEMS Multi Asset Platforms
  • • Advanced Charting and Conditional Orders
  • • Two Factor Authentication and Biometric Security
  • • MAS Compliant Leverage and Risk Management
  • • Multi Currency Funding and Integrated Multi Asset Account

    • Similar Brokers

    Where This Broker Ranks

    Phillip Securities (POEMS) is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    Frequently Asked Questions

    You can access currency pairs through POEMS platforms. Depending on your profile and location, you may trade spot forex and derivative contracts. Available pairs often cover major and minor currencies, with some additional crosses. Product access, contract specs, and market hours vary by account and region. Review product disclosures, margin requirements, and platform terms before you place orders. Not all instruments are available to every client, and eligibility depends on your onboarding and local rules. This is general information only and not advice.

    Your total cost usually includes the spread and, for some products, a separate commission. If you hold leveraged positions overnight, financing charges may apply. Currency conversion fees can apply when your account base currency differs from the trade currency. There may also be platform or account service fees as listed in the fee schedule. Costs change with market conditions, product type, and your account setup. Check the current pricing on the broker site and read all disclosures so you understand how charges apply.

    POEMS offers web and mobile platforms with real-time quotes, charts, and order entry. You can set watchlists and price alerts, and use technical indicators for analysis. Common order types such as market, limit, and stop are supported; advanced options may be available for certain products. Research, market news, and an economic calendar help you plan around events. The platform supports two-factor authentication and secure sessions. Features can differ by region and account, so review the platform guide to confirm availability.

    Phillip Securities (POEMS) operates under regulatory supervision in its home market and in other locations where it is licensed. Client money is typically kept in segregated accounts, separate from the firm's own funds, as required by applicable rules. The broker uses security controls such as encryption, account verification, and two-factor authentication. Protections differ by entity and your location, and leveraged trading carries a high level of risk. Review the terms, risk disclosures, and your onboarding documents to understand how your account is protected.

    You apply online, submit identity documents, and complete suitability checks. After approval, choose an account that supports forex. Funding methods commonly include bank transfer; other options depend on your region and entity. Processing times, fees, and minimums vary by method and account. Withdrawals go to an account in your name after verification. Before you trade, review margin settings, platform permissions, and product disclosures so you know what you can access and the risks involved. This is general information only and not advice.

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