Syfe is a GST-registered entity.
Effective 1 May 2022, Goods & Services Tax (GST) will be applied to commission fees on Syfe Trade, where applicable, at the prevailing rate of 7%. 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. Syfe Trade does not charge any platform fees.