Investors can not only diversify their portfolios, but also take advantage of opportunities across various markets when they hold positions across different asset classes.
Multiple Asset Classes
The all-new Phillip Nova 2.0 mobile trading platform boasts of multiple product offerings, ranging from stocks, ETFs, precious metals, oil, futures, Forex and other commodities. Multiple asset classes, all under one roof. Trading is now simplified as investors can trade all of the above products with only one account.
Only One account
With Phillip Nova 2.0, investors need to open only one account, not multiple accounts. All they have to do is to put in only one initial deposit to start trading multiple products accords multiple asset classes. For example, when an investor opens a new Phillip Nova account, and deposits $40,000 in funds, the investor may choose to buy or sell stocks, buy or sell futures, buy or sell gold or oil using the $40,000. The investor does not need a second account or second set of capital to trade a different asset class.
This can happen because the Phillip Nova 2.0 boasts a single ledger system. With this, investors may also view their profits and losses across the multiple assets / positions that they are holding, at one glance.
Trading Stocks, ETFs, Futures, Commodities, Precious Metals and Forex
Investors are spoilt for choice with over 11,000 stocks and ETFs available on the Phillip Nova 2.0 trading platform. They may choose from US, China, Hong Kong, Malaysia and Singapore stocks or ETFs or trade futures products from around the world. Futures contracts include stock index futures, commodities, oil and precious metals. Investors may also trade over 31 Forex pairs with tight spreads as low as 0.8 pips and access over 100 technical indicators with charting powered by TradingView.
Phillip Nova 2.0 App Features
Investors will find tools such as market depth, light and dark modes and price-alert features very useful when they are trading on the Phillip Nova 2.0.
In summary, the Phillip Nova 2.0 app lets investors trade US stocks, US futures, currencies, gold, oil and other commodities using only one account, at no custody and no platform fee. Investors may view all their positions across multiple asset classes at one glance and all they need is only one Phillip Nova account to manage their diverse portfolio. Investors can now download the Phillip Nova 2.0 app on Apple App Store or Google Play Store.
The issuer is solely responsible for the content of this announcement.
About Phillip Nova
Phillip Nova (formerly known as Phillip Futures) was inaugurated in 1983 as a member of PhillipCapital Group and is one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT). We have since grown to become one of the region's top brokerages for the trading of Stocks, CFD, Forex, global Futures and Commodities. The Group has clearing memberships in 21 global exchanges, including APEX, BMD, CME Group exchanges, DGCX, HKEX, ICDX, ICE Singapore, JPX Group exchanges, NSE, TFEX, TOCOM and SGX Group exchanges.
The spring school holidays are a good time to spend a few days on the Coffs Coast. The weather is starting to warm up, there is plenty to do outdoor...
Ever looked at another repair quote and wondered whether your old car is still worth the trouble? It is a common turning point for Melbourne motoris...
The commercial kitchen has always been shaped by technology. Refrigeration changed how ingredients could be stored, modern ventilation transformed k...
Somewhere in the fabric book, next to the colour name, there is a percentage. Three per cent. Five per cent. Ten per cent.
Nobody explains it, most c...
Finding a Father’s Day gift that feels personal, stylish and genuinely wearable is not always easy. While socks and novelty mugs have traditionally ...
Effective signage and display hardware can help businesses communicate information, promote products and organise customer or visitor movement. Road...
Effective packaging begins with understanding the product, bottle material, artwork and production requirements when planning bottle label printing. H...
Modern industrial systems depend on accurate communication between sensors, machines and control systems. An I/O controller can help manage this commu...
Mining environments place considerable demands on equipment used for material transfer, water management and processing. Hoses operating in these co...
We have all been to those parties where everyone just stands around the kitchen island, staring at their phones, waiting for someone else to make a mo...
Lighting can influence how a room looks, feels and functions, so the right fitting should be selected according to both appearance and practical req...
Keeping a workplace clean requires a service that can accommodate everyday tasks as well as the particular needs of the business. Professional comme...
Caravan ownership is about more than having somewhere to sleep while travelling. For many Queenslanders, it is one of the best ways to explore regio...
Two quotes landed on a Hills District homeowner's kitchen table last spring for the exact same 80-square-metre backyard. One said $12 a metre. The o...
1,276 people in NSW hospitals have been medically cleared for discharge but remain in hospital because they're still waiting for NDIS or aged care sup...