facebookHas anyone managed to start using Syfe Trade? - Seedly

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Anonymous

13 Jan 2022

Robo-Advisors

Has anyone managed to start using Syfe Trade?

How do you guys find it? Would like to try it out once it is launched since it offers free trades and fractional shares. 😁

Discussion (10)

What are your thoughts?

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Hello Anon! I feel Syfe Trade's user interface is still in the beginning phase but I do like its minimalistic appearance. Moreover, it is one of the few brokers I know that offer fractional share purchase.

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Syfe Trade is now also offering SGD 70 (+ SGD 5 from me) when you:

  • use my referral code: SRPRLTLK5 (Syfe Trade Promo code)
  • make an initial deposit of min. SGD1k
  • make a trade of min. USD1
  • + receive SGD 5 via paynow from me as additional cashback

For more queries or clarification, you may also contact me via Telegram @jiakang.

comment

I have yet to compare the FX rates (with reference from DBS multi currency and Syfe)

But overall, I have no issues as of now.

Not sure if the dividend crediting policy is the same as Syfe’s website, because I have not receive dividends yet.

But quite disappointed that there is only 5 free trades (promotion period), and once the promo period is over, it’s only 2 trades/ month.

I was using EToro previously, only issue is USD$5 each time I’m withdrawing to my bank account, and there will be FX charges by DBS multi currency account.

Simple UI and I think very easy to get the hang of it. Both deposits & withdrawals are fast, about 1...

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