This article is written in collaboration with POEMS. All views expressed in this article are the independent opinions of ours, based on our own research. The information in this article are meant purely for informational purposes and should not be relied upon as financial advice. This article has not been reviewed by the Monetary Authority of Singapore.
Here’s a fun fact: My very first brokerage account that I set up several years back was a POEMS account.
For the uninitiated, Phillip’s Online Electronic Mart System (POEMS) by Phillip Securities was Singapore’s very first online trading brokerage that was launched under PhillipCapital. Of course, it being one of the most established brokerage firms offered a higher sense of reputation and security for someone who wanted to register it as my first brokerage back then.
Earlier last year, POEMS newly launched a Cash Plus account (a different account type from Cash Management account which I initially signed up for)...