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Does anyone know how much is the foreign exchange fees , to convert sgd to usd in using Syfe trade?
thank you
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You can know this in the app. it will tell you the rate before you convert.
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I believe there is a slight spread compared to the actual spot rate, if you are swapping small amoun...
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For most brokers, there is usually a small spread between the spot rate and the rate they offer u in order to earn off yr currency conversion
if u are asking how Syfe is relative to other brokers, I would say it is fairly competitive and the spread is minimal, after I have made some trades myself. 2 free trades a month also put it ahead of those who still maintain some fees