Syfe has 2 offerings - Syfe Trade and Syfe Wealth.
For Syfe Trade accounts, all new clients enjoy an introductory offer of 5 free trades every month for the first three calendar months and fee of just USD 0.99 per trade thereafter. After the introductory period ends, we'll offer 2 free trades every month and USD 1.49 per trade thereafter. This fee will be charged at the time we receive the order. More details on our Syfe Trade pricing and introductory period can be found here.
Please note that GST only applies to commissions outside of the free trade allowance.
For Syfe Wealth investment portfolios, our fees range from 0.35% to 0.65% per year based on the higher of your total assets under management or total invested amount. You can view our pricing tiers here.
Please note that total invested amount for Syfe Wealth portfolios is calculated as all cash inflows minus cash outflows. Any withdrawals and dividends paid out to bank account are categorized as cash outflows. The value of your total assets under management is your portfolio value / net asset value. Our Syfe Wealth management fee covers everything from portfolio monitoring to automatic rebalancing. You are not charged any additional brokerage or platform fees.
No management fees are charged for Syfe Cash+.
Syfe absorbs the GST on Syfe Wealth management fees for our customers in order to keep fees low.