DCA into Syfe Equity100 or DIY Tiger Broker into VOO

I have a lump sum of 10k and wanted to DCA monthly of $500 and if possible, I will pump in more in the same month.

So in conclusion, every month I will do two trades for my dca (500 monthly and additional money).

1) Will the fee be cheaper if I carry out my investment through Tiger Broker as I feel that the commission fee and stuff might be cheaper from syfe monthly management fee? 🤔

2) the currency conversion fee for Tiger broker seems lower compared to Syfe also? 🤔

Tiger Brokers Syfe

Discussion (9)

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Syfe

06 Sep 2021

Hello there! Thanks for your interest in Syfe. There are several aspects to consider like what many others have noted.

1) Fees. Syfe's fees cover brokerage and transaction fees, no matter how often you DCA. Our fees also cover automatic dividend reinvesting and portfolio rebalancing. Withdrawals are also free.

2) Currency conversion. Syfe's currency conversion is 0.09%, which is considered very low compared to what retail investors might pay if they DIY

Ultimately, we'll encourage people to consider not just fees when making a decision. Other aspects such as convenience, portfolio management, and portfolio features play a part too.

If you're interested to pick your own ETF investments, you can check out our new Syfe Select Custom portfolio! You can build your own portfolio with up to 8 ETFs. https://www.syfe.com/select-custom

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