How to open an Investment/Trading ac

Ways to open a trading ac:

• Web browser or

• Mobile app

Ac opening via Web browser method be provided here.

https://www.poems.com.sg/open-an-account/?TR=Y3

• You may use this link above to open a trading ac online using your Singpass.

• My TR code is Y3 (remember to indicate this TR code in the online form).

• Minimum age to open a trading ac is 18 years old.

• For foreigners, if you do not have Singpass, you would need a computer with camera for face verification. Otherwise, there is a need to transfer in a token sum of $1 for verification purpose.

Popular Account Types chosen by clients:

• Cash Management ac which is linked to CDP

• Cash Plus ac (not linked to CDP) - suitable also for foreigners or busy professionals.

Diffrerences between a Cash Management Ac and a Cash Plus ac as follows:

https://www.poems.com.sg/cash-plus/ you may find the trading charges via this link.

There are no charges for opening the ac.

For those who are using online form (not Sign up with Myinfo - using Singpass), do note to get ready the required document:

Ensure my trading code ‘Y3’ is the preferred Trading Representative as per image below.

Once your account opening submission is successful, an account number maybe assigned to you and you will be prompted to create your login password.

Also there be an email notification later that your ac opening has been approved and officially opened.