Trade confirmation is a PDF document generated and sent to your Syfe-registered email address within 1 business day after you have executed any buy or sell trade. It contains the details of your executed trade(s), such as the security and quantity of units purchased/sold, execution price, fees, and total order amount. Depending on the order execution status, commissions may not be reflected in the trade confirmation but will be reflected in monthly statements.
Monthly statements on the other hand, are generated and sent to your Syfe-registered email address latest by the 3rd week of the next month. It summarises your portfolio holdings at the end of the month as well as your executed transactions within that month.
Can I retrieve my trade confirmations and monthly statements in the Syfe Trade app?
Yes, you will be able to access and download them via the Syfe Trade app. Kindly click on Account > Reports > Trade confirmations / Monthly statements.
Please note that we do not send out hardcopy statements.