The newest POEMS Cellular 3 App has a lot to love. Earlier than I dive into the main points, right here’s a fast overview of what’s new:
Amongst its numerous enhancements, I additionally fairly like these key options:
- TradingView charting
- Entry to multi-assets and international markets
- Customise totally different watchlists
- Set Alerts for worth notifications
- Superior order sorts
- Information and financial calendar of occasions
Let’s now dive into how these will help you in your investing or buying and selling journey.
Conduct TA on-the-go on POEMS Cellular 3
With over 100+ indicators and drawing instruments, TradingView is just about THE golden customary in terms of the business’s finest charting instrument. The issue is, it’s a paid software program (from ~US$15 monthly) and most of us must apply it to our laptops to conduct technical evaluation and entry TradingView charts, indicators, and many others.
The excellent news is, now you can do that in your cell with POEMS, as their newest app integrates TradingView software program and means that you can conduct technical evaluation with over 100 technical indicators – together with however not restricted to in style ones like Relative Power Index (RSI), Shifting Common Convergence/Divergence (MACD), Exponential Shifting Common (EMA), complete drawing instruments and extra.
Chart whilst you’re spending time throughout your morning/night commutes? That’s a win for positive.
Commerce a number of belongings directly
In the event you’re like me and have your totally different belongings parked on totally different platforms, now you can contemplate consolidating all of them on POEMS for higher comfort and simpler monitoring of your portfolio.
POEMS Cellular 3 helps multi-asset buying and selling, which implies now you can commerce throughout equities, ETFs, CFDs, unit trusts, and extra. For extra superior merchants, foreign exchange and futures may even be made out there within the coming months.
Customise totally different watchlists
One draw back to among the different brokers I’m presently utilizing is that I can solely create one watchlist, so I’ve to park all my totally different watchlisted counters in the identical place though I’ll have totally different functions or time horizons for them.
However on POEMS Cellular 3, you’ll be able to arrange a number of watchlists and nonetheless have the ability to monitor all of them. I used to be in a position to create 3 totally different watchlists – one for investing, one other for buying and selling, and one other (unlikely to be utilised) for speculating or just monitoring.
Set alerts for worth notifications
In the event you’ve been charting usually with TradingView or different software program, you’d most likely have set worth notifications at totally different entry/promoting costs e.g. when worth breaks 250 EMA.
POEMS Cellular 3 can notify you immediately when costs hit your required degree, which will help you react sooner. Or, you could possibly additionally make use of…
Superior Order Choices
You may select from numerous order sorts on POEMS Cellular 3, that aren’t at all times out there on another platforms by different brokers. Market-On-Open or Market-On-Shut order choices can be found so that you can use within the US markets i.e., NASDAQ, NYSE and AMEX.
There’s additionally limit-if-touched order sorts, which you need to use on SGX shares like DBS. The way it works: Think about the present share worth is presently S$35, however you solely want to purchase the inventory if or after the value drops to $29 (breaking the psychological barrier of $30), however you don’t wish to pay greater than $28 for it. On this case, you could possibly set the restrict worth of $29 and a set off worth of $28. The order will then be held within the system till DBS share worth falls to $29, after which it will likely be submitted as a restrict order to execute your buy solely at $28 or higher.
The complete record of order sorts out there are:
- Restrict Order
- Cease Restrict Order: SGX, NASDAQ, NYSE, AMEX
- Restrict-if-Touched (LIT): SGX
- Market Order: NASDAQ, NYSE, AMEX
- Market-On-Open (MOO): NASDAQ, NYSE, AMEX
- Market-On-Shut (MOC): NASDAQ, NYSE, AMEX
Q: I’m already utilizing an abroad low-cost brokerage. Why ought to I contemplate POEMS?
Apart from the native contact and assist, of us seeking to put money into extra belongings and abroad markets will love POEMS for the diversification it supplies.
As an illustration, you could possibly purchase shares listed within the UK, Thailand, Indonesia, Japan and even Germany. Few buying and selling platforms provide entry to those fairness markets, however POEMS do. Right here’s the complete record of markets out there on the app:
And in terms of native assist, no different brokerage comes near POEMS. Apart from having a native name heart (+65 6531 1555) which operates between 9am to midnight, it additionally assigns a devoted Fairness Specialist to every buyer. And should you desire to get assist in-person, in addition they have a number of Phillip Investor Centres arrange throughout numerous areas and within the heartlands to help those that might have extra help with their trades, navigating the platform, and many others.
Don’t neglect that POEMS’ IPO financing is one other highly effective instrument that you need to use
for IPO purposes domestically, as it will possibly improve your possibilities of being allotted extra IPO shares even if in case you have a smaller capital outlay, and all you want is a minimal 20% down cost. Most different brokerages should not have such a financing choice so that you can leverage on.
Therefore, I really feel it’s price opening an account with POEMS to realize entry to their choices, which is why I nonetheless have and am sustaining my account even up until right now.
What are the charges on POEMS?
If you examine among the many native brokers, POEMS charges are extraordinarily aggressive supplied you employ their Money Plus Account. As an illustration, even should you’re investing with a smaller capital – wherever between S$1 – $29,999 – the charges are 0.08% for Singapore with no minimal fee, and a flat charge of US$3.88 for US markets. Discover out extra about their pricing right here.
Conclusion
Whether or not you’re new to POEMS or an current buyer, there’s quite a bit to love about their latest cell app. In my view, their integration with TradingView alone makes it price downloading, however you too can try their different options and advantages right here.
We’ve redesigned the whole platform navigation and constructed a contemporary new look from scratch to make buying and selling on-the-go simpler than ever for you. Take a look at our improved navigation, refreshed interface and intuitive portfolio administration options that can permit you to higher monitor your holdings, with easy accessibility to your account historical past, orders, balances, and positions.
Take pleasure in enticing fee charges with no platform or custody charges! Able to expertise a brand-new POEMS? Obtain POEMS Cellular 3 right here (iOS Obtain/Android Obtain) and begin your investing journey with a Money Plus Account now!
Discover out extra right here.
Disclosure: This submit is written in collaboration with Phillip Securities.
