Phillip Nova has launched a promotional commission campaign for SGX Asian Index Futures, offering reduced trading costs from as low as US$0.98 per side per lot on selected contracts. The promotion provides traders with more cost-efficient access to key Asian equity index futures listed on the Singapore Exchange.
The campaign covers a range of futures linked to major regional indices, including markets in Singapore, China, Taiwan, Indonesia, and Vietnam.
Promotion Overview:
- Commission from US$0.98 / S$0.98 per side per lot (selected contracts)
- Applicable to online (self-executed) trades
- Promotion period: 1 April 2025 to 30 June 2026
- Limited to selected SGX Asian Index Futures contracts
- Opt-in required to activate promotional rates
Eligible Contracts & Commission Rates:
- Micro FTSE Taiwan Index Futures (MTWN): US$0.98
- Straits Times Index Futures (ST): S$0.98
- MSCI Singapore Index Futures (SGP): S$1.38
- FTSE Taiwan Index Futures (TWN): US$1.38
- FTSE China A50 Index Futures (CN): US$1.38
- FTSE China H50 Index Futures (FCH): US$1.38
- FTSE Vietnam 30 Index Futures (FVN): US$1.38
- FTSE Indonesia Index Futures (FID): US$1.38
Higher commission rates apply for call-in trades compared to online execution.
Participation Requirements:
To participate, clients must opt in through the promotion process. New customers are required to open a Phillip Nova Futures trading account before opting in. Existing clients who opt in and receive approval will have their commission rates adjusted according to the processing schedule, with changes typically reflected on designated Mondays based on submission timing.
Eligibility Conditions:
Participation is subject to eligibility criteria. The promotion is not available to corporate entities, Phillip Nova employees and their immediate family members, or associated agencies, service providers, and their immediate families. Phillip Nova reserves the right to determine eligibility under the campaign terms.
Futures trading involves leveraged products classified as Specified Investment Products and requires suitability assessment for retail investors.
Phillip Nova
Phillip Nova is a Singapore-based brokerage offering access to derivatives and futures trading, including SGX-listed Asian index futures across multiple regional markets.
Check Phillip Nova’s latest promotions and trading eligibility requirements for SGX futures access.
| Feature |  Phillip Nova Since 1983 |
|---|---|
| Rating | ★★☆☆☆ |
| Regulation | MAS (Singapore) |
| Min Deposit | $0 |
| Typical Spread | 0.60 |
| Leverage (Max) | 1:20 |
| Platforms | MT5, Mobile, Proprietary, TradingView, Web |
| Instruments | Algriculture, Commodities, Cryptos, Energies, Indices, ETF, Forex, Metals, Stock CFDs |
| Bonus | No |
| Robo Trading Allowed | Yes |
| Hedging Allowed | Yes |
| Scalping Allowed | Yes |
| Action | Read Review |
Phillip Nova
Since 1983 
