Syfe has 2 offerings - Brokerage and Syfe Portfolios
For Brokerage accounts, Syfe charges an all-inclusive commission fee at the time we receive each order.
US market: All new clients enjoy an introductory offer of unlimited free trades every month to trade US-listed securities for the first three calendar months. After the introductory period ends, we'll offer 2 free trades every month and USD 1.49 per trade thereafter.
SG market: we charge a commission fee of 0.06% of traded value (minimum S$1.98) for all trades on SG-listed securities. Kindly note that free trades do not apply to SG-listed securities.
More details on Syfe Trade pricing can be found here.
Please note that GST applies to commission fees for the US market (outside of the free trade allowance) and all fees applicable to the SG market.
For Syfe Managed 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. Learn more on how Managed portfolios management fees are determined and calculated here.
As of 1 July 2023, Syfe charges a management fee of 0.1% per annum on Cash+ Flexi based on the higher of assets under management or invested amount.
Our portfolios management fee covers everything from portfolio monitoring to automatic rebalancing. You are not charged any additional brokerage or platform fees.
Syfe has been a GST-registered entity since March 2022, and to-date, we have been absorbing the GST applicable to the services we provide to you. From 1 June 2023, Syfe will begin charging GST on Annual Management Fees.
GST is charged on your Annual management fee for all managed and Cash+ Flexi portfolios and is subjected to prevailing GST, where applicable, from 1 June 2023.