Syfe Trade offers free monthly trades.
All new clients enjoy an introductory offer of 5 free monthly trades for the first 3 calendar months, and fees of just USD 0.99 per trade for their 6th trade onwards.
E.g. Jane creates and funds her Syfe Trade account on 15 May 2022. She will receive the following free trades:
- 15 - 31 May: 5 free trades, USD 0.99 / trade after
- 1 - 30 June: 5 free trades, USD 0.99 / trade after
- 1 - 31 July: 5 free trades, USD 0.99 / trade after
- 1 - 30 August: 5 free trades, USD 0.99 / trade after
After the introductory offer, clients will enjoy 2 free trades each month, and fees of USD 1.49 per trade for their 3rd trade onwards.
E.g. Jane will enjoy the following pricing after her introductory offer ends.
- 1 September onwards: 2 free monthly trades, USD 1.49 / trade after
Fees are charged at the time we receive your order. For a breakdown of other applicable charges, click here.
When will my free trade entitlement be reset?
Free trades are reset at the beginning of each month. Unused free trades for a particular month will not be carried over to the next month.
For instance, if you create your Syfe Trade account on 15 February, you will have 5 free trades till the end of the month. On 1 March, your free trade entitlement will be reset and you will once again get 5 free trades for the month of March.
You may check the remaining number of free trades you have for the month via the Syfe Trade app under Accounts > Pricing.
Is there a limit to the number of shares I can buy or sell using the free trade allowance?
Not at all! You may use your monthly free trade allowance as you prefer.
For example, you may use your free trade to buy half a share, one share, or 1,000 shares - it's entirely up to you.