poems

POEMS is the trading brand of Phillip Securities Pte. Ltd., a company registered in Singapore with the official domain poems.com.sg. The firm operates as a privately held stock brokerage, providing financial services including margin financing, custodial services, options trading, research, and fund management.

According to our records, the company was founded on 18 March 2019 and is headquartered in Japan, though its registered address is at 250 North Bridge Road, #06-00, Raffles City Tower, Singapore 179101. The brand maintains a presence on Facebook, Instagram, LinkedIn, and YouTube.

POEMS is regulated by the Monetary Authority of Singapore (MAS) under a Derivatives Trading License (EP). The license status as recorded in public registers is not active, which may indicate that the license has lapsed or is pending renewal. This status is a point of caution for traders.

Singapore's MAS is a reputable regulatory body, and a derivatives license typically allows the holder to deal in derivatives products. However, without a clear active status, the level of regulatory oversight currently applicable to POEMS is uncertain. We recommend traders verify the license independently.

Phillip Securities Pte. Ltd., trading as POEMS, is part of the PhillipCapital Group, which has a significant presence in Asian financial markets. The Singapore entity serves as a brokerage hub for the region, offering a range of investment products.

The company's social media activity suggests an active engagement with clients, offering market insights and updates. Its physical presence at Raffles City Tower indicates a professional office location in Singapore's financial district.

The company description lists its core services as stock brokerage, margin financing, custodial services, options trading, research, fund management, databases, real-time worldwide quotes, futures, and commodities. These offerings cater primarily to traditional securities trading rather than retail forex or CFD trading.

There is no public information from the official website poems.com.sg regarding forex or CFD account types, platforms, or instruments. Based on available records, POEMS appears focused on institutional and retail stock and derivatives trading through standard brokerage accounts.

POEMS is likely best suited for investors in Singapore seeking a local stockbroker for equities and listed derivatives. The firm's emphasis on margin financing and custodial services suggests it targets active traders and long-term investors who require comprehensive settlement and financing solutions.

Given the limited public information and the unclear regulatory status, the broker may not be appropriate for traders looking for a regulated forex broker with active oversight. We advise conducting further due diligence before engaging with this entity.

No specific information is available about funding methods or withdrawal processes for POEMS. As a stockbroker, it likely supports bank transfers for settlement of trades, but details are not provided in the known facts.

Traders should contact the broker directly through official channels to inquire about account funding procedures. The absence of published information on this topic is a concern for prospective clients.

POEMS operates as a stockbroker under the Phillip Securities brand in Singapore, but independent public information about its forex and CFD offerings is minimal. The inactive status of its MAS derivatives license raises questions about its current regulatory standing.

For traders prioritizing a fully regulated environment for leveraged forex trading, POEMS may not be the optimal choice. We recommend verifying all details directly with the Monetary Authority of Singapore and the broker's official website before committing funds.