facebookAny thoughts on the new upcoming Syfe Trade? - Seedly

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Anonymous

16 Dec 2021

General Investing

Any thoughts on the new upcoming Syfe Trade?

Seems like the middle ground for people like me who is using IBKR just to do monthly DCA into VWRA? (assuming thats available on Syfe Trade too), any catches?

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Syfe

16 Dec 2021

Hello there! Thanks for your interest in Syfe Trade. We're offering new users 5 free trades each month and thereafter will charge US$0.99 per trade during our introductory period. After the introductory period, we're offering 2 free trades every month and charging US$1.49 per trade.

Syfe Trade will offer real-time stock quotes without the need to subscribe to other data too.

Lastly, there's no management fee for Syfe Trade. The charges are as outlined above.

Do join our waitlist for a chance to win an iPhone 13! - www.syfe.com/trade

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Seems good tho, 5 free trades per month, not sure if there is annual fee for that~ but it said US Stock & ETF~

Guess moving forward, they gonna have syfe select function on stocks too? That is more interesting if they make it haha

Otherwise I’ll still stick to IBKR atm because i need margin account~

*if the buying and selling of stocks take as long as their current ETFs, i may not use it, since it make me harder to time the stock for certain dip

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