Checklist CFD

Checklist to start trading CFD
  • Activate your CFD facility
    • > Acct Mgt > CFD tab > Online Acct Opening
    • After submitting the form, check that your risk declaration is recorded as completed:
      > Acct Mgt > CFD tab > RFS & RDS
  • Complete Client Knowledge Assessment Declaration
    • > Acct Mgt > Stocks tab > CAR & CKA form
    • Question 3b must be “yes” if you want to trade CFDs
    • If the answer is “no” you need to take the quiz here and email the certificate to us after you have passed: https://sips.abs.org.sg/
  • If the CFD you are trading is foreign/US listed
    • > Acct Mgt > Stocks tab > RWS Acknowledgement
    • > Acct Mgt > Stocks tab > Online Forms > US tax forms > W8 Ben form
  • Transfer fund into CFD (3 methods)

Fund transfer into POEMS Account for *CFD*

1) PayNow (CFD)
- Unique Entity Number (UEN): 197501035Z
- Reference Number is your 7 digit POEMS account number with "CFD" behind. e.g. 0123456CFD
- In addition to the 7 digits of trading account number, please append suffix “CFD” e.g. 0123456CFD for direct crediting into CFD account.
Source: https://www.poems.com.sg/payment/#paynow

2) FAST (CFD)
- Beneficiary Bank: UNITED OVERSEAS BANK LIMITED
- Beneficiary Name: Phillip Securities Pte Ltd
- Beneficiary Account no: 451-311-493-6
- In addition to the 7 digits of trading account number, please append suffix “CFD” e.g. 0123456CFD for direct crediting into CFD account.
Source: https://www.poems.com.sg/payment/#fast

3) Payment by eNets, min $1000 (CFD)
- Login to POEMS POEMS > Acct Mgmt > Deposit Fund > Choose (CFD), not (C / M)
Source: https://www.poems.com.sg/payment/#enets
All posts and charts are for educational and illustration purposes only

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.