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According to its website, it claims to be registered in Singapore. Upon investigation, a matching broker was found in MAS, but after careful comparison, it was found that the URL registered on MAS was https://www.phillip.com.sg/sg/, which was inconsistent with Phillip Securities' URL. Phillip Securities has stolen the regulatory information of other compliant companies to impersonate itself. Investors are requested to be careful to identify.
In essence, Phillip Securities is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Phillip Securities appears to be a scam.
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