$0 Commission* for all online buy transactions with traded quantity≤15
Ultra-competitive US stock commission, commission as low as US$0.0099/share
Pre-market trading between 16:00 to 21:30 HKT (summer), or 17:00 to 22:30 HKT (winter)
$0Platform fee, $0 Custody fee, $0 Membership
Multi-currency facility
Complimentary live prices for US stocks
USD margin loan interest rate as low as 5.625% (P-0.5%), trade up to 5x leverage with your US shares collateral
*For Online Transactions Only *Effective 2nd January 2025, this promotion applies only to Margin account clients.
Footnote: The margin ratio of stock is for reference only, which is subjected to change as determined by both the market and specific company factor. The company deserves the right to provide a different ratio to client based on his account situation.
Hotline: (852) 2277 6678 (Mon to Fri) Foreign Stock Department E-mail: foreignstock@phillip.com.hk
This promotion is effective from January 02, 2025, and applies exclusively to Margin Account clients until further notice.
This promotion is applicable only to online US stock buy orders with a transaction quantity of 15 shares or fewer, and clients must place orders via the POEMS online platform or the POEMS/PHILLIP HK mobile app.
This offer is not available to Cash Account clients, Capital Management clients, Investment Immigration Program clients, B2B clients, and clients already enjoying preferential rates.
For offline transactions and standard charges, please refer to Fees and Charges table 24-hour Global stocks trading hotline: +852 2277 6678
Declaration and Disclosures Phillip Securities Group (the "Company") reserves the right to vary any promotion offers and services at anytime without further notice. In case of dispute, the decision of the Company shall be final. Investment involves risks. For more details, please refer to the Risk Disclosures Statement at www.poems.com.hk. If do not wish to receive any more messages from Phillip Securities Group ,please contact our Customer Service Department at cs@philllip.com.hk or 22776555.
FAQ
How can existing customers open a margin account?
Method 1: Log in to the PHILLIP HK Mobile App → Click on ‘Form’ icon → Tap “+” to add a form → ‘ Change Account Type Confirmation’ → Fill in and Submit
Method 3: Complete the Account Type Amendment Form and submit the original to Phillip Securities (HK) Limited, 11/F, United Center, 95 Queensway, Hong Kong, or inform your account manager.
2. What do ‘Online order’ and ‘Offline Order’ refer to?
Online Order: Orders placed through the POEMS online platform or the mobile app. Offline Order: Orders placed directly with an Account Manager or dealer over the phone.
3. What are the US stock trading activity fee (FINRA TAF) and Clearing fees (NSCC/DTC Clearing Fee)?
Trading Activity Fee: It is collected by FINRA (The Financial Industry Regulatory Authority, the largest non-government securities self-regulatory association in the United States). The TAF is a transaction-based fee that is generally assessed on member firm transactions in covered securities, regardless of where the trade is executed. The TAF fee is currently charged on sells only at a rate of US$0.000119 per share. Clearing Fees: It is collected by the US clearing agent (National Securities Clearing Corporation, The Depository Trust Company) on stock clearing. Charged at US$ 0.003 per share, minimum US$0.5 per order.
4.Which US stocks are eligible for margin trading?
Please click Margin Ratio to explore the list of US stocks available for margin trading.