Syfe is a GST-registered entity.
Effective 1 May 2022, Goods & Services Tax (GST) is applied to commission fees for the US market (outside of the free trade allowance) and all fees applicable to the SG market at the prevailing rate. This is in accordance with Singapore GST regulations.
All customers will continue to enjoy free monthly trades and GST only applies to commissions outside of the free trade allowance. Brokerage does not charge any platform fees.