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 | UK Market |
|---|---|---|---|---|
| Syfe Commission Fee |
For new users: Unlimited free trades for the first 3 months After 3 months (by tier): 2 to 8 free trades per month Unlimited free trades for Gold, Platinum and Diamond tiers 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 |
0.02% to 0.04% of trade value (by tier) Min per Order (USD): 0.99 - 1.99
Min per Order (EUR): 0.79 - 1.49
Min per Order (GBP): 0.59 - 1.29 |
| SEC Fee | USD 0.0000206 per dollar (Sell trades only) | Not applicable | 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 | Not applicable |
|
Consolidated Audit Trail Fee (CAT) |
Equities (NMS): $0.0000265 per share (1:1 ratio)* |
Not applicable |
Not applicable |
Not applicable |
| ADR Fees | USD 0.01 – 0.05 per share | Not applicable | Not applicable | Not applicable |
|
Corporate Action Fees (ADR-related) |
Varies | Not applicable | Not applicable | Not applicable |
| Penny Stock Fee | USD 0.003 per share | Not applicable | Not applicable | Not applicable |
| Trading Fee | Not applicable | 0.0075% of traded value | 0.00565% of traded value | Not applicable |
| Clearing Fee | Not applicable | 0.0325% of traded value |
0.002% of traded value Minimum: HKD 2 |
GBP 0.06 per order # |
| Custody Fee | Not applicable | Waived | Not applicable | Not applicable |
| SFC Transaction Levy | Not applicable | Not applicable | 0.0027% of traded value | Not applicable |
| Stamp Duty ^ | Not applicable | Not applicable | 0.13% of traded value | Not applicable |
| AFRC Transaction Levy ^^ | Not applicable | Not applicable | 0.00015% of traded value | Not applicable |
Exchange Fees |
Not applicable |
Not applicable |
Not applicable |
ETFs Trade Value × 0.000045 (Min. GBP 0.10 per order) # Stocks Trade Value × 0.000045 (Min. GBP 0.11 per order) # |
*For FINRA TAF and CAT fees, each fee is rounded to the nearest one cent.
For example, if you buy 0.1 share of Apple for $200 per share, the fee is: FINRA CAT Fee: $0.00000265 rounded to $0.01.
If you sell 0.1 share of Apple for $200 per share, the fees are: FINRA TAF Fee: $0.0000166 rounded to $0.01; FINRA CAT Fee: $0.00000265 rounded to $0.01.
#External fees are for UK market trades are charged in the settlement currency of the product. If a fee is defined in a different currency, it will be converted to the settlement currency, which may result in small variations in the final external costs depending on daily exchange rates.
^Commission fees for US market trades (beyond free trade allowance) and all SG market fees are subject to prevailing GST. Learn more in Pricing Tiers.
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
