FAQ

Product Eligibility

You need to have at least one of the following criteria:

  • Relevant Education Qualifications; or
  • Minimum 3 consecutive years of relevant Work Experience in the past 10 years; or
  • Investment Experience of least 6 transactions of any of the products in the last 3 years.

If you do not satisfy any of the above criteria, you will have to sign up for and complete the free ABS-SAS E-learning module on their portal. It offers five modules – you will have to pass the assessment of the module(s) for the product(s) that you are interested to invest in. You will need to score at least 13 out of 15 to be eligible to invest/trade.

Once you have completed and passed the module(s), proceed to the Products page in the ProsperUs portal to apply for eligibility to invest/trade.

Expiration: Once approved, the eligibility is valid for a year. We will send you an email notification when the renewal is due.

Note: These products are only suitable for clients who are able to take on more risk. Do assess your risk appetite and do due diligence before investing/trading.

You need to have at least one of the following criteria:

  • Relevant Education Qualifications; or
  • Minimum 3 consecutive years of relevant Work Experience in the past 10 years; or
  • Investment Experience of least 6 transactions of any of the products in the last 3 years.

If you do not satisfy any of the above criteria, you will have to sign up for and complete the free SGX SIP Online Education Module.

SGX’s online learning module covers the key features and risks of the products. It takes approximately 40 minutes to complete and you will need to score at least 15 out of 20.

Once you have completed and passed the module, proceed to the Products page in the ProsperUs Portal to apply for eligibility to invest/trade.

Expiration: Once approved, the eligibility is valid for three (3) years. We will send you an email notification when the renewal is due.

This is to assesses your knowledge of and/or experience in understanding the features and risks of complex products before you start investing or trading in them.

Do note that expiry for CAR/CKA assessment differs for educational qualifications and work/trading experiences.

It could be due to one of the following reasons:

You did not get enough questions correct to pass the online education module(s) for the product you want to invest in/trade.

What you can do: Re-take the relevant module(s) until you score at least 13 out of 15 for the ABS-SAS E-learning module (for CFDs, FX and Mutual Funds); and/or 15 out of 20 for the SGX SIP Online Education module (for ETFs, Futures, Bonds and Equity Options).

Your risk appetite is not suitable to trade higher risk products (Futures, FX and CFD).

What you can do: Re-assess your risk appetite to determine if you are willing to take a large amount of investment risk in exchange for higher potential capital gains. If yes, proceed to the Products page in the ProsperUs portal and resubmit the product eligibility request with the appropriate risk appetite declaration.

If you have tried the above and still need help, please contact us and we would be happy to help.