Use POEMS referral link when you sign up for a new POEMS account, and you can unlock up to S$200 in stock coupons, free SGX Enhanced Market Depth, zero US commission and a few other welcome perks worth up to S$1,000 in total. The promotion is open to new Singapore users from 10 March to 10 June 2026 — so the window matters.
What is POEMS and Why Use It?
POEMS is one of the longest-running online brokerages in Singapore. Through a single account, you can trade across 26 global exchanges — including SGX, NYSE, NASDAQ, HKEX, TSE and Bursa Malaysia — and access more than 40,000 products from stocks and ETFs to unit trusts, bonds, CFDs, forex and futures.
A few things set POEMS apart from app-first brokers like Tiger or moomoo:
- Brick-and-mortar presence. POEMS has physical Phillip Investor Centres across Singapore, which matters if you prefer face-to-face support or need help with CDP-linked trades.
- Multi-currency ledgers. Ten currency ledgers under one account, plus live conversion — useful if you trade across SG, US and HK.
- Equity specialists. Every account gets a dedicated equity specialist, which is rare among low-cost brokers.
- CDP-linked trading. POEMS supports direct CDP-linked trades on SGX stocks, so shares are held in your own name rather than under a custodian.
The trade-off is that base commissions on US trades are higher than the new wave of brokers, which is exactly why using the referral promotion matters — the zero US commission window and stock coupons offset that gap meaningfully for the first few months.
POEMS Referral Promotion
The POEMS new user promotion stacks several rewards together. Here is what actually credits to your account when you use the referral link:
Automatically on account opening (Cash Plus or Referred Cash Management):
- 0% sales charge on unit trusts
- Free live prices for SGX and US Asian Hours
- Free live prices for US (NASDAQ, NYSE, AMEX), MY (BURSA), TH (SET) and US options
- Free SGX Enhanced Market Depth access (until 30 November 2026)
- Zero US commission on online trades (Cash Plus accounts only)
Tier 1 — Fund S$3,000 within 14 days, hold for 30 days:
- S$50 in stock coupons (5 × S$10 coupons for buy trades on SG/US markets)
Tier 2 — Fund S$10,000 within 14 days, hold for 30 days:
- S$200 in stock coupons (10 × S$20 coupons for buy trades on SG/US markets)
Optional CFD top-up (separate CFD account opening):
- 0% commission on US equity CFD trades for 30 days
- S$50 cash credit when you fund S$3,000+ and complete at least 3 eligible CFD trades within 60 days
POEMS values the total package at up to S$1,000 once you factor in waived commissions and free market data subscriptions. The realistic cash-equivalent figure for a typical retail user is the S$50–S$200 in stock coupons plus the saved fees from zero US commission.
How to Use the POEMS Referral link (Step-by-Step)
Unlike a typical promo code field, the POEMS sign-up bonus is applied via a referral link rather than a code box. The string jWnZq is the referrer identifier in the URL. Here’s the cleanest way to do it:
- Click the referral link: poems.com.sg/open-an-account?referral=jWnZq. Confirm that
?referral=jWnZqis visible in your browser’s address bar before you proceed. - Choose your account type. Pick either a Cash Plus Account (recommended for most retail investors — gets the zero US commission perk) or a Cash Management Account.
- Verify with Singpass / MyInfo. Singapore residents can complete most of the KYC in a couple of minutes. Foreigners will need to upload ID, proof of address, selfie and TIN.
- Opt in to SMART Park within 14 days. This is non-negotiable — SMART Park is the Excess Funds Management Facility, and the welcome gifts are forfeited if you don’t opt in. You can do this during sign-up or via the POEMS Mobile 3 app under “Me” tab afterwards.
- Fund your account within 14 days. Transfer at least S$3,000 (Tier 1) or S$10,000 (Tier 2) via PayNow, eNETS, FAST or telegraphic transfer. The deposit must be fresh cash from your own bank account, not internal transfers.
- Hold the funds for 30 days. You can use the money to buy stocks, but you can’t withdraw or transfer it out. Daily Net Cumulative Deposit is tracked.
- Download POEMS Mobile 3 within 30 days. Stock coupons are only redeemable via the Mobile 3 app under Me → Rewards. The older Mobile 2.0 app will not show them.
- Activate and trade. Coupons expire 90 days from issuance, and each coupon auto-applies to your next eligible buy trade (minimum contract value S$100 or US$100). Rebate hits your account within 5 working days.
Eligibility & Terms You Should Know
This is where it pays to read carefully:
- You must be completely new to Phillip Securities Pte Ltd. If you have ever held any account with PSPL — even a closed one from years ago — you don’t qualify.
- Joint and corporate accounts are not eligible. Sole individual accounts only.
- Cash Trading Accounts are excluded. You must open a Cash Plus or Referred Cash Management Account specifically.
- You can’t have benefited from a similar PhillipCFD or PSPL referral programme before.
- PSPL employees and their immediate families are out. Same for trading representatives and financial advisor representatives.
- The S$3,000 / S$10,000 must stay parked for 30 days. Any withdrawal that drops your Net Cumulative Deposit below the threshold downgrades or kills your reward tier.
- Coupons are non-transferable, non-refundable and can’t be exchanged for cash. They only rebate on actual qualifying trades — buy stocks only, SG/US markets, online, cash trades.
- Promotion window: 10 March 2026 to 10 June 2026. POEMS typically extends or refreshes this campaign quarterly, but if you sign up outside the window, the current terms may not apply.
Always check the latest version of the official welcome gifts T&Cs before you fund, because Phillip Securities reserves the right to amend terms without notice.
Is the POEMS Referral Bonus Worth It?
Honest take: yes, but it’s better suited for a specific kind of user.
If you’re planning to trade US stocks, the combination of 30-day zero US commission (Cash Plus) and S$50–S$200 in stock coupons effectively gives you a few months of near-zero-cost trading. That’s genuinely useful, and the savings compound if you trade actively in the first month.
If you only plan to park S$3,000 and forget about it, the POEMS sign up bonus is still net positive (S$50 in stock coupons for very little work), but the coupons only rebate when you actually execute a qualifying buy trade — so you do need to place at least one S$100+ trade to extract the value.
Where it’s less compelling: if you’re a Tier 1 funder who doesn’t intend to trade at all, the coupons expire unused in 90 days. Plan to use them or skip funding to that level.
🚀 Ready to Sign Up? Sign up through this link: poems.com.sg/open-an-account?referral=jWnZq. Remember to opt in to SMART Park within 14 days and fund at least S$3,000 to lock in your stock coupons.
How to Share Your Own POEMS Referral Link
Once your account is active, you can become a referrer yourself and earn up to S$600 in rewards:
- Log in to the POEMS Mobile 3 App or web portal.
- Navigate to the Referral Programme page and generate your unique referral link.
- Share it via WhatsApp, Telegram, social media or email.
- For every successful referral (new user opens an account, opts in to SMART Park, funds S$3,000 and holds for 30 days), you receive a S$10 US Stock Coupon plus S$50 Cash Credit.
- The cap is 10 successful referees, which is how the headline “up to S$600” figure works.
The cash credit posts to your POEMS account within 10 working days of your referee meeting the funding requirement. Coupons appear under Me → Rewards Inventory in the Mobile 3 app.
FAQ
Is there a separate POEMS promo code I need to enter? No. POEMS uses a referral link rather than a code field. As long as you sign up through the link containing ?referral=jWnZq, you’ll be tagged as a referee automatically — there’s no code box to fill in.
How long does the bonus take to credit? Account-opening rewards (free live prices, zero US commission, 0% unit trust sales charge) activate immediately upon successful account opening. Stock coupons appear in your Mobile 3 app’s Rewards inventory once you’ve held the qualifying funds for 30 days, usually within 10 working days after.
Can I use the referral link if I already have a POEMS account? No. The promotion is strictly for users who are new to Phillip Securities Pte Ltd. Anyone with an existing account — or anyone who has ever closed a PSPL account — is excluded.
Can I withdraw the S$3,000 after I get my coupons? You must hold the deposit for at least 30 days from funding. After the holding period, you can withdraw. But if your Net Cumulative Deposit drops below S$3,000 at any point during those 30 days, you forfeit the reward.
What’s SMART Park and why must I opt in? SMART Park is POEMS’s Excess Funds Management Facility — it parks idle cash in a money market fund to earn yield instead of sitting at 0%. Opting in within 14 days of account opening is a mandatory condition of the welcome gifts.
Which account type should I open? For most retail investors, a Cash Plus Account is the better pick because it includes the zero US commission reward. The Cash Management Account is fine if you want a more flexible cash management product but trades won’t get the US commission waiver.
Are the stock coupons usable on any stock? No. They only apply to buy trades (cash trades, online only) on SG or US markets, with a minimum contract value of S$100 / US$100 per trade.
Is POEMS regulated and safe to use? Phillip Securities Pte Ltd is licensed and regulated by the Monetary Authority of Singapore (MAS). You can verify its status on the MAS Financial Institutions Directory. Customer funds are held in segregated trust accounts.
Can I stack the POEMS referral bonus with the CFD welcome gift? Yes. The CFD welcome gift (S$50 cash credit + 30 days zero US equity CFD commission) is a separate promotion attached to opening a POEMS CFD Account. You can pursue both, provided you meet each set of conditions.
What payment methods can I use to fund my account? PayNow, PayLah, eNETS, GIRO, FAST transfer, Google Pay and telegraphic transfer all work. PayNow is usually the fastest for hitting the 14-day funding deadline.
The Bottom Line
The POEMS referral promotion is one of the more generous broker sign-up offers in Singapore right now, particularly if you intend to trade US stocks within your first 30 days. The funding bar is reasonable (S$3,000 for Tier 1), the holding period is short (30 days), and the brand has 50 years of track record behind it. Just be deliberate about the SMART Park opt-in, the 14-day funding window and the 90-day coupon expiry — those are the three places where users typically leave money on the table.
Sign up through the official POEMS referral link before the 10 June 2026 promo window closes.
Disclaimer: This article is for general information only and does not constitute financial advice. All investments carry risk, and you should consider your own circumstances before opening any brokerage account. Promotion terms are accurate as of publication and may be amended by Phillip Securities Pte Ltd at any time.
