Poetry and finance might seem worlds apart, but on the Phillip Capital POEMS Platform, they merge to create a unique trading experience. POEMS (Phillip’s Online Electronic Mart System) Platform offers traders a comprehensive suite of tools to navigate financial markets with precision and confidence. I’ve found that this platform stands out for its user-friendly interface and ability to connect traders with multiple markets across Asia and beyond.
The growing popularity of platform poetry, as seen in modern digital spaces, mirrors how traders use specialized platforms to express their financial strategies. Just as platform poets acknowledge their needs through creative expression, traders on POEMS can identify opportunities and act on them with the right tools at their disposal.
Key Takeaways
- POEMS Platform provides comprehensive trading tools and market access across Asia in one integrated system.
- The platform’s user-friendly design makes complex financial trading accessible to both beginners and experienced traders.
- Regular platform updates ensure traders can adapt to changing market conditions and capitalize on new opportunities.
Overview of Phillip Capital Poems Platform
The Phillip Capital POEMS Platform offers a comprehensive suite of trading tools designed by Phillip Securities Pte Ltd. I’ve found it provides access to multiple asset classes across global exchanges with user-friendly interfaces for both new and experienced traders.
Read our article on Phillip Capital Trading Platform.
Key Features and Functionalities
POEMS (Phillip’s Online Electronic Mart System) delivers an integrated trading experience with real-time market data and analytical tools. The platform includes customizable dashboards where I can monitor price movements and set alerts for market opportunities.
Mobile compatibility is a standout feature, allowing me to trade on-the-go through dedicated apps. The platform also offers demo accounts for practice before engaging in live trading.
Risk management tools include stop-loss orders and position sizing calculators that help protect my investments. Advanced charting with technical indicators supports informed decision-making.
POEMS also provides educational resources like webinars and market reports to help traders improve their skills. Account security is robust with two-factor authentication and encryption protocols.
Available Asset Classes
The platform offers diverse investment options across multiple categories. I can trade shares from major markets including Singapore, Australia (ASX), and India (NSE).
For derivative products, POEMS provides access to:
- Futures contracts across commodities, indices, and currencies
- Options trading on select exchanges
- Forex pairs with competitive spreads
Unit trusts (mutual funds) are available with detailed performance metrics and risk ratings. The platform features hundreds of funds from various fund houses.
Bond trading is supported for both government and corporate securities. Exchange-traded funds (ETFs) provide sector and index exposure with lower fees than traditional funds.
Structured products like equity-linked notes are accessible for investors seeking alternative strategies with defined risk parameters.
Supported Markets and Global Reach
POEMS connects traders to over 15 global exchanges spanning Asia, North America, and Europe. Singapore markets form the core offering, with complete access to SGX-listed securities.
In the Asia-Pacific region, I can trade on:
- Australia’s ASX
- Hong Kong’s HKEX
- Japan’s Tokyo Stock Exchange
- India’s NSE
North American coverage includes NYSE and NASDAQ with extended hours trading. European markets like London Stock Exchange and Deutsche Börse expand the platform’s global footprint.
The multi-currency account feature allows holding balances in different currencies, reducing conversion costs when trading international markets. Settlement processes are streamlined with automated currency handling based on the exchange being accessed.
Read our article on Phillip Capital Trading Platform.
Utilizing POEMS Platform for Effective Trading
The POEMS Platform offers traders a comprehensive suite of tools for navigating financial markets efficiently. Its integrated approach combines user-friendly interfaces with advanced capabilities for both beginners and experienced investors.
Comparing POEMS Versions and Mobile Apps
POEMS 2.0 represents the platform’s flagship desktop experience, featuring an intuitive interface suitable for all investor levels. This comprehensive version supports multi-asset and multi-market trading within a single dashboard.
POEMS Mobile 3 provides on-the-go trading capabilities with real-time market data and execution tools. The app maintains core functionality while optimizing for smaller screens and touch interfaces.
POEMS Mobile offers seamless access to global markets regardless of location. Users appreciate its streamlined design that doesn’t sacrifice essential trading features.
POEMS Mobile 2.0 introduced improved charting tools and faster execution speeds compared to earlier versions. The update significantly enhanced the mobile experience for active traders who need to make quick decisions.
Key differences between versions include:
- Interface complexity
- Available technical indicators
- Real-time data presentation
- Order execution speeds
Accessing Advanced Trading Tools
The platform includes sophisticated charting capabilities with multiple timeframes and over 50 technical indicators. These tools help identify potential entry and exit points based on historical patterns.
Advanced order types like OCO (One-Cancels-Other) and trailing stops provide precise trade management. These features are particularly valuable during volatile market conditions when manual monitoring becomes challenging.
The screener tool helps filter stocks, bonds, and unit trusts based on customizable parameters. I can quickly identify opportunities matching specific criteria like P/E ratios, dividend yields, or momentum indicators.
For active traders, the platform offers:
- Level 2 market depth data
- Custom alerts and notifications
- Multi-chart workspaces
- Advanced risk analytics
Premium subscribers gain access to additional research reports and real-time data feeds. These resources provide valuable market insights beyond standard technical analysis.
Steps to Sign Up and Start Online Trading
Creating a POEMS account begins with completing an online application form. The process requires personal identification documents and proof of address for verification purposes.
Account approval typically takes 1-3 business days depending on verification requirements. Once approved, I received login credentials via email with temporary password information.
Initial funding can be completed through bank transfer or electronic payment methods. The minimum deposit requirements vary based on the account type selected during registration.
After funding, I recommend:
- Exploring the platform interface
- Setting up watchlists
- Testing with small trades
- Reviewing available educational resources
New users gain access to demo accounts for practice before risking real capital. This simulation environment mirrors live market conditions while using virtual funds to build confidence.
The fintech innovations behind POEMS make the onboarding process straightforward even for beginners. Customer support remains available through multiple channels during the setup process.
Integration with Other Trading Platforms
POEMS offers API connectivity for algorithmic trading systems and third-party analysis tools. This integration enables automated strategy execution and custom reporting capabilities.
Data portability allows importing watchlists and portfolios from competing platforms. This feature simplifies the transition process for traders switching from other services.
The platform synchronizes seamlessly between desktop and mobile versions. Position updates and account information reflect instantly across all connected devices.
Compatible third-party tools include:
- Technical analysis software
- Tax reporting solutions
- Portfolio tracking applications
- Market research providers
For institutional traders, POEMS provides FIX protocol support for high-frequency trading needs. This industry-standard connectivity method ensures reliable execution even during peak market activity.
Multi-broker integration allows consolidating positions from different providers within a single interface. This comprehensive view helps maintain a holistic understanding of total market exposure across accounts.
Frequently Asked Questions
The POEMS platform offers various trading features that may require specific setup procedures and understanding of costs. Here are answers to common questions about account management, fees, and platform functionality.
Resetting your POEMS trading account password is straightforward. I can do this through the POEMS website by clicking on “Forgot Password” on the login page.
I’ll need to provide my POEMS account number and personal identification details to verify my identity. After verification, I’ll receive a temporary password via email or SMS.
For security reasons, I’ll be prompted to change this temporary password when I log in. I should create a strong password that includes numbers, letters, and special characters.
The brokerage charges on the POEMS platform vary based on the market I’m trading in and the product type. For Singapore stocks, the commission typically ranges from 0.08% to 0.28%, with minimum charges applying.
For US markets, fees are around 1-2 cents per share with minimum commission amounts. Foreign markets have their own fee structures.
Additional charges may include clearing fees, trading fees, and platform access fees. These are updated periodically, so I should check the official Phillip Capital fee schedule for current rates.
To link my Central Depository (CDP) account to my POEMS trading account, I need to complete a CDP linkage form. This form is available on the Phillip Capital website.
I must provide my CDP account number, NRIC/Passport details, and sign the authorization section. After submission, the linkage process typically takes 3-5 business days to complete.
Once linked, I can trade Singapore Exchange (SGX) listed securities directly from my POEMS account while the shares are held in my CDP account.
To start trading with POEMS as a new user, I first need to open an account by completing an application form either online or at a Phillip Capital branch. I’ll provide identification documents and proof of address.
After my account is approved, I’ll receive my login credentials. I must then fund my account through bank transfer or other approved methods.
Before placing my first trade, I should familiarize myself with the POEMS platform features and consider attending the free webinars or tutorials offered to new users.
Yes, POEMS offers mobile applications for both iOS and Android devices. The POEMS Mobile 3 app provides comprehensive trading capabilities on smartphones and tablets.
The app includes real-time market data, trading functions, portfolio monitoring, and research tools. I can download it from the Apple App Store or Google Play Store.
There’s also a specialized POEMS Futures app for derivatives trading and other specialized apps for different market segments.
POEMS integrates technical analysis tools through their POEMS Chart function. While TradingView itself isn’t directly embedded, the platform offers similar charting capabilities.
I can access these tools by logging into my POEMS account and navigating to the Charts section. The platform includes multiple indicators, drawing tools, and pattern recognition features.
For advanced users, POEMS also offers premium charting packages that can be subscribed to separately for enhanced technical analysis capabilities.
