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Is syfe trade worth using?

Recently syfe has came out with a platform called syfe trade. I heard the conversion fee is 0.09% to convert from SGD to USD? Is the rate of conversion considered low as compared to the other brokers.

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Hello Lucas! I've tried to exchange my SGD to USD, and it has quoted 1SGD = 0.7401USD on 3 Feb, which was not too bad. (Close to currency exchange rates on Moomoo / Tiger).

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If you are considering to hop onto Syfe Trade's new fractional share purchase as well, you'll be glad to know it 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.

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