Yes! When you invite your friends to Syfe Trade and they fund their account and make their first trade, the both of you will earn cash credits. Your friend (the referee) will receive an additional S$70 cash credit and you (the referrer) will receive a S$30 cash credit if the eligibility criteria have been met.

Your friend must be a new client who has not opened a Syfe account with us before.

Eligibility criteria 

To receive referral cash credits for Syfe Trade, you (the referrer) need to have funded your Syfe Trade account with a minimum of S$2,000 AND executed at least one trade.

Your friend (the referee) needs to fund a minimum of S$2,000 in their Syfe Trade account and execute at least one trade within 30 days of signing up to be considered eligible for the referral. Your friend should have also applied your referral code within 14 days of signing up.

Net deposit of S$2000 ,which is the total deposited amount minus withdrawal amount (excluding fluctuation of portfolio value), must be maintained for at least 3 days to qualify for the reward.

E.g. Sally refers a friend, Ben, to Syfe Trade. Ben funds his account with S$500 and executes one trade. As this does not fulfill the eligibility criteria, Sally will not receive the $30 referral cash credit and Ben will not receive his $70 referral credit. 

How do I refer a friend to Syfe Trade?

1. Log in to your Syfe app and tap the “Settings” icon at the top right-hand of the screen. Click on “Promos/referrals” to view your unique referral code
2. Share your referral code directly using the share function
3. Tell your friend to apply your code when they sign up for a Syfe Trade account

Can I also refer a friend to Syfe Wealth?

You can refer friends to Syfe Wealth and Syfe Trade using the same referral code. If your friend opens a Syfe Wealth and Syfe Trade account in the same month, they get to enjoy the respective offers. 

You, however, will only be eligible for the benefits of the first product they have registered for.

Syfe Wealth offer: The referee enjoys a fee waiver on his investment as specified in our T&Cs.

Syfe Trade offer: The referee receives a S$70 cash credit upon funding their account with at least SGD 2,000 and executing their first trade

For example:

If your friend opens a Syfe Trade account on 1 February and a Syfe Wealth account on 20 February, they will receive a fee waiver on their investment in Syfe Wealth portfolios, in addition to a S$70 cash credit in their Syfe Trade account if all eligibility criteria are met.

You, as the referrer, will be eligible to the referral benefits of the first product your friend have registered for. In this case, as your friend registered for Syfe Trade first, you will receive S$30 cash credit in your Syfe Trade account if all eligibility criteria are met.

Please see full details of our Syfe referral program here.