Phillip Securities Group

Company Overview

Overview of Phillip Securities Group

Information about Phillip Securities Group

Establishment Year: 1975

Place of Registration: Singapore

Regulating Authority: SFC

Products Available: Securities, Futures Contracts, Foreign Exchange, Bonds, ETFs, Life Insurance

Demo Account: No

Trading Platforms: On-line & Mobile Trading Platforms, Stocks Easy, Options Easy, Futures Trading

Minimum Deposit Required: / Nothing Stated

Customer Service Contact Information: Phone (852) 2277 6555

FAX (852) 2277 6008,

cs@phillip.com.hk

About Phillip Securities Group:

Phillip Securities has been in business since 1975 and is located in Singapore. They offer their clients a large variety of global products through their proprietary trading platforms. Phillip Securities has a lot to offer, both in terms of tools and multi-market access, but does not provide any demo or Islamic accounts.

Advantages and Disadvantages

Advantages: Regulated by Hong Kong Stocks and Futures Commission,

Disadvantages: Must pay high minimum commission to trade certain international products.

"Is Phillip Securities Legit?"

Yes. Phillip Securities is licensed under SFC license number AAZ038 and has been able to offer Futures contracts and leveraged Forex trading since 9 December 2003.

"What types of products will I be able to buy and/or sell using Phillip Securities?"

Phillip Securities provides an extensive list of investment and wealth management products that are available globally. Trading Instruments Supported

Securities Yes

Futures Yes

Forex Yes

Bonds Yes

ETFs Yes

Insurance Yes

Commodities No

Indices No

Stocks No

Cryptocurrency No

Options No

Account Types

Phillip Securities (HK) Ltd. has two different types of live trading accounts, a Margin Account or a Custodian Account. There are no demo accounts nor Islamic accounts.

Phillip Securities Group Commissions and Fees

The fees for both online and intraday trading offered by Phillip Securities Group are very competitive as many of the services associated with minor holdings are waived, but certain foreign market transactions could incur a greater minimum cost.

Market/Product Commission Stamp Duties Transaction Levey Transaction Fee CCASS/Other charges Custody Charge

HK Stocks (Online) 0.08% (Day Trade: 0.05%) 0.10% 0.00% 0.01% 0.01% (Min: HKD 3, Max: HKD 300) Waived (< 5000 board lots)

Warrants & CBBC 0.03% Day Trade / 0.05% after >HKD 50K None 0.00% 0.01% 0.01% (Min: HKD 3, Max: HKD 300) Waived (< 5000 board lots)

RMB Dual Counter Stocks Online - 0.08% Min CNY 60, Phone - 0.25% - Min CNY 100 0.10% 0.00% 0.01% 0.01% (Min CNY 3, Max CNY 300) Waived (< 5000 boards lots)

US Stocks (Online) USD0.0099/share (Min USD1), Phone-0.25% - Min USD 20 None SEC, FINRA, DTC fees applicable Included above SEC/FINRA/DTC clearing fees No

China A-shares (Northbound) Buy ≤ ¥30K: ¥0; Buy > ¥30K or Sell: 0.03% (Online) 0.05% (SELL only) Handling 0.00341% and Mgmt 0.002% ChinaClear 0.001% 0.002% via CCASS Daily portfolio valuation x 0.008% including 365 day yearly interest

Trading Platforms

Trading Platform Supported Device Availability Best For

Hulit City Online Yes Desktop/Web Active stock & future trader

Hulit City Mobile Yes iOS/Android Mobile stock trader

Stock Easy (SATS) Yes Desktop Beginning stock trader

Options Easy (OATS) Yes Desktop Option trader

Futures Trading (FATS) Yes Desktop Futures trader

Conclusion

Phillip Securities Group is one of the best-regulated and long-standing financial service firms on the market today, offering clients a complete selection of financial instrument and platform options. The company’s SFC license ensures that consumers can feel confident about their investment. Traders can use Phillip’s proprietary systems to access local and international markets. However, the fact that Phillip does not offer demo accounts nor Islamic accounts and that they have higher minimum commission requirements per foreign market trading transaction may pose obstacles to specific solutions. On the whole, Phillip Securities is an excellent option for seasoned investors looking for access to multiple asset classes and flexibility in their trading systems.