Minimum transfer amount
There is no minimum transfer amount - you may transfer any amount (either in SGD or USD) into your Syfe Trade account.
Then, you will be able to convert funds from SGD to USD, and vice versa, within the app. Please note that the smallest amount that can be converted within the app is SGD 1 or USD 1.
Minimum trade quantity
Fractional trading is enabled for most US-listed securities. To place a trade, your trade value must be a minimum of USD 1. This applies for both buy and sell trades.
For US-listed securities where fractional trading is not applicable, the minimum trade quantity is 1 share.
Fractional trading is not applicable for SG-listed securities. Kindly refer to the below trade quantity rule for different asset classes listed in the SG market:
- Stocks and REITs: minimum 1 round lot of 100 shares (e.g. 100, 200, 300)
- ETFs: minimum 1 share (no fractions)
Please note that we currently do not offer odd lot trading on the SGX. However, clients can request to close odd lot SGX positions by sending a request to the Syfe Support Team here.
Minimum bid size and forced order range:
|Product||Price range (S$)||Minimum bid size (S$)||Forced order range|
|Stocks, REITs||Below 0.20||0.001||+/- 30 bids|
|0.20 – 0.995||0.005|
|1.00 and above||0.01|
0.01 or 0.001
as SGX-ST determines
For more information about SGX trading rules, you can refer to the SGX website here.
There's no lock-in period for Syfe Trade - you are free to sell off your holdings and place a withdrawal request anytime.