Syfe offers two accounts - Syfe Trade and Syfe Wealth.
For Syfe Trade accounts, we offer 5 free trades every month as part of our introductory offer and charge USD 0.99 per trade thereafter. After the introductory period ends on 31 March 2022, 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.
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 categorised 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 is a GST-registered entity. However, Syfe absorbs the GST on Syfe Trade and Syfe Wealth for our customers in order to keep fees low.