Syfe Trade offers free monthly trades for US-listed stocks and ETFs.
All new clients enjoy an introductory offer of unlimited free monthly trades for the first 3 calendar months, and fees of just USD 1.49 per trade for their 3rd trade starting from their 4th month onwards.
E.g. Jane creates and funds her Syfe Trade account on 25 January 2023. She will receive the following free trades:
- 25 January - 30 April: Unlimited free trades
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.
- 01 May 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.
*New clients refer to clients who complete KYC and account creation, and are fully onboarded from 25 January 2023 onwards. Clients who complete KYC before 25 October 2022 but haven't funded their account will also enjoy 3 months of free trades from 25 January 2023 to 30 April 2023.
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 25 January 2023, you will have unlimited free trades till the end of April. On 01 May 2023, your free trade entitlement will be reset and you will get 2 free trades for the month of May.
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.
