At Syfe, we offer transparent pricing. Here's a breakdown of our Brokerage fees, regulatory fees, and market exchange fees:
| Fee Type | US Market | SG Market | HK Market |
|---|---|---|---|
| Syfe Commission Fee |
For new users: Unlimited free trades for the first 3 months After 3 months (by tier): 2 to 10 free trades per month Unlimited free trades for Diamond tier USD 0.99 to USD 1.49 per trade after free trades Learn more in pricing tiers |
0.04% to 0.06% of trade value (by tier) Minimum: SGD 1.98 per trade Monthly free trades do not apply to SG market trades |
0.04% to 0.06% of trade value (by tier) Minimum: HKD 15 per trade Monthly free trades do not apply to HK market trades |
| SEC Fee | USD 0.00 per million dollars (Sell trades only) | Not applicable | Not applicable |
| Trading Activity Fee (TAF) |
USD 0.000166 per share Minimum: USD 0.01 Maximum: USD 8.30 (Sell trades only) |
Not applicable | Not applicable |
| ADR Fees | USD 0.01 – 0.05 per share | Not applicable | Not applicable |
|
Corporate Action Fees (ADR-related) |
Varies | Not applicable | Not applicable |
| Penny Stock Fee | USD 0.003 per share | Not applicable | Not applicable |
| Trading Fee | Not applicable | 0.0075% of traded value | 0.00565% of traded value |
| Clearing Fee | Not applicable | 0.0325% of traded value |
0.002% of traded value Minimum: HKD 2 |
| Custody Fee | Not applicable | Waived* | Not applicable |
| SFC Transaction Levy | Not applicable | Not applicable | 0.0027% of traded value |
| Stamp Duty | Not applicable | Not applicable | 0.13% of traded value |
| AFRC Transaction Levy | Not applicable | Not applicable | 0.00015% of traded value |
Commission fees for US market trades (beyond free trade allowance) and all SG market fees are subject to prevailing GST.
For options trading fees, please refer to here for more information.
HKEX fee schedule:
- Trading Fee is charged by the Hong Kong Stock Exchange (HKEX) and Singapore Exchange (SGX) ** Clearing fee is charged by SGX; settlement fee is charged by the Hong Kong Securities Clearing Company Limited (HKSCC)
Transaction Levy is charged by the Securities and Futures Commission of Hong Kong (SFC)
^ Stamp Duty is charged by Hong Kong's Inland Revenue Department (IRD)
^^ AFRC Transaction Levy is charged by FRC (Hong Kong Financial Reporting Council)
Syfe's all-inclusive commission fee
Commission fees are charged by Syfe when we receive your order (orders placed before tier changes will be charged according to your previous tier's benefits).
Syfe doesn't charge any custody, platform, or deposit/withdrawal fees. Commission fees are subject to prevailing GST, where applicable.
For Brokerage, view commission fees under Order History by clicking on specific orders. You can also find these fees in your daily Trade Confirmation and Monthly Statements, available in the Syfe app and via email.
FX fees
When converting SGD to USD in your Brokerage account, foreign exchange fees may apply. Check the indicative exchange rate in the app, and view the final rate in your transaction history after conversion.
Regulatory fees
The SEC charges USD 8 per USD 1,000,000 of principal sold, rounded to the nearest cent.
FINRA charges a small fee on sell orders
