Have been buying $200 of STI ETF every month along with my other investments using the POSB RSP. Would it be better to buy it using Syfe Trade since it incurs lesser fees now?

Syfetrade sg market - 0.06% min $1.98

rsp - 0.82%

​

the breakeven point is to invest $242. if lesser, rsp will still be cheaper

Sure I would use Syf!!

I use both DBS Invest Saver (similar to POSB) for small monthly DCA to STI ETF. I also use Syfe Trade to buy individual company stock. I think I prefer DBS for ETFs because the app includes more details. Feels more assured that the small fee charged is worth it for the service included like receiving monthly statements and able to see more data about the ETF on the app. For Syfe Trade, there's not much service due to the small fee, and you are really left on your own to decide when to top up or sell. The data provided in Syfe is not sufficient. I also like that DBS can just directly credit my account or transfer from bank account to the ETF every month, I don't need to do anything further after I set it up.

Definitely, Syfetrade is lower than POSB RSP, the banks RSP programs are so much more expensive than the smaller financial institutions. Its a definite to switch