Syfe Trade is the brokerage arm of Syfe, a MAS-regulated platform that lets you buy US, Singapore, Hong Kong and London-listed stocks and ETFs from one app. SGX fees run from 0.04% to 0.06% per trade depending on your tier, while US stock trades are free once you reach Gold tier. There is no minimum balance and no custody fee.

Not financial advice. All figures are for educational reference only. Data as at July 2026 unless stated otherwise – fees and promotions change, so always check syfe.com/pricing before you trade.

What Is Syfe Trade?

Syfe Trade is the stock brokerage feature inside the Syfe app. Syfe Pte Ltd holds a Capital Markets Services Licence (No. CMS100837) from the Monetary Authority of Singapore (MAS), the same regulator that oversees banks and other brokers here.

Most people know Syfe for Cash+ (its cash management product) or its Managed Portfolios (robo-advised investing). Syfe Trade is the newer, self-directed side of the business – you pick your own stocks and ETFs instead of letting Syfe manage a portfolio for you.

Syfe calls it “Singapore’s first neo-broker” – a simplified trading app built for everyday investors, not day traders. You get fractional investing on US stocks (buy a slice of a share from as little as US$1), auto-invest, and access to four markets: the US, Singapore (SGX), Hong Kong (HKEX) and London (LSE).

Syfe Trade Fees in 2026

Syfe Trade uses the same tier system as the rest of Syfe. Your tier is based on whichever is higher: your total assets across all Syfe products, or your net invested amount (deposits minus withdrawals). You get bumped up automatically – no application needed.

Source: Syfe’s official pricing page, effective 1 January 2026. GST applies to commission fees where applicable. New sign-ups get unlimited free US trades for the first 3 months regardless of tier.

Beyond commission, Syfe Trade does not charge custody fees, platform fees, or deposit/withdrawal fees – a real point of difference from traditional brokers that quietly bill you S$2 to S$20 a quarter just to hold shares. US sell trades still carry small regulatory pass-throughs (the SEC fee and FINRA trading activity fee), and SGX trades carry SGX’s own clearing and access fees – these apply no matter which broker you use.

Markets You Can Trade

Syfe Trade covers four markets from a single account – useful if you want US tech exposure, SGX dividend stocks, and Hong Kong-listed China names without juggling three different broker logins.

• United States: 11,000+ stocks and ETFs. Fractional investing from US$1, so you can own a slice of a US$3,000 stock without needing US$3,000.
• Singapore (SGX): 660+ stocks, REITs and ETFs – the S-REITs and blue chips most Singaporean dividend investors already track.
• Hong Kong (HKEX): 2,500+ stocks and ETFs, including familiar China names like Alibaba, Tencent, BYD and Xiaomi.
• London (LSE): 6,000+ stocks, plus 6 popular UCITS ETFs. Buying UCITS ETFs (Ireland or UK-domiciled) can cut US dividend withholding tax roughly in half compared to a US-domiciled ETF – handy for long-term index investors.

Fractional trading only applies to US stocks and ETFs. SGX, HKEX and LSE trades still need whole shares. Syfe also offers Bundles (buy several stocks/ETFs in one trade for half the fees of separate orders) and US Options for investors who want to hedge or generate income.

Syfe Trade vs FSMOne vs moomoo vs Tiger Brokers

Here is how the numbers actually look on a S$5,000 SGX trade – the sort of order size a typical Singapore investor might place.

*Indicative commission only, excludes SGX clearing/access fees and GST which apply across all brokers. Rates and promotions change frequently – always check each broker’s own pricing page before trading. Sources: syfe.com/pricing, fsmone.com.sg, moomoo.com/sg, itiger.com/sg (Jul 2026).

On a S$5,000 SGX trade, Syfe Trade lands in the middle of the pack – cheaper than FSMOne’s flat fee, similar to Tiger Brokers, and a bit pricier than moomoo’s promotional rate. Where Syfe pulls ahead is multi-market access from one account and free US trades once you cross the Gold tier – both moomoo and Tiger Brokers charge small per-trade fees on US stocks regardless of your balance, though they run their own periodic zero-commission promotions.

If you mainly want a low-cost SGX-only broker and do not hold much elsewhere with Syfe, FSMOne’s flat S$8.80 fee actually gets cheaper the bigger your trade size (it is the same fee whether you buy S$1,000 or S$100,000 of stock) – worth comparing against Syfe’s percentage-based fee once you are trading in larger sizes.

Cons

• SGX/HKEX/LSE trades still cost a percentage fee even at Blue tier
• Blue and Black tier US trades are free only up to a monthly cap, then US$1.49 each
• Fractional shares only available for US stocks, not SGX or HKEX
• SGX shares sit in a CDP sub-account, not an individual CDP account in your own name
• Cash-only – Syfe Trade does not accept CPF-OA or SRS funds directly

How to Start Trading With Syfe

1. Download the Syfe app or sign up at syfe.com, using referral code SRPRFFFCD if you are new to the platform.
2. Verify your identity via Myinfo or manual upload – takes most people under 10 minutes.
3. Fund your account via PayNow, eGIRO or bank transfer – no minimum deposit required.
4. Choose your market – tap into US, SGX, HKEX or LSE from the Trade tab.
5. Search and buy – enter a stock or ETF, choose a dollar amount or number of shares, and confirm.
6. Set up auto-invest (optional) – schedule recurring buys so you dollar-cost average without manual top-ups.

New sign-ups can currently enjoy fee waivers on Managed Portfolios and cash credits on Brokerage as part of Syfe’s welcome promotion – terms change, so check the Syfe referral code page below for what is live right now.

Is Syfe Trade Safe?

Syfe Pte Ltd is regulated by MAS under Capital Markets Services Licence No. CMS100837 – the same regulatory framework that governs licensed brokers and fund managers in Singapore.

For US stocks and ETFs, Alpaca Securities LLC acts as sub-custodian and is a member of the Securities Investor Protection Corporation (SIPC). If Alpaca were to fail, SIPC covers up to US$500,000 per account (including up to US$250,000 for cash claims) – though this protects against custodian failure, not against your stocks simply losing value.

Your SGX shares sit in a CDP sub-account created specifically for you, segregated from Syfe’s own assets and held on trust – so if Syfe or its depository agent ran into trouble, your holdings should still be returned to you or transferred to another agent, per SGX rules.

As always: regulation reduces counterparty risk, it does not eliminate market risk. Stock and ETF prices can still fall.

Who Should Use Syfe Trade?

If CPF-OA or SRS access matters to you, it is worth reading up on Endowus and FSMOne too – both accept CPF-OA and SRS funds for direct investing, which Syfe Trade currently does not offer.

The Bottom Line

Syfe Trade earns its place if you already bank with Syfe for Cash+ or a Managed Portfolio and want one app for everything. The multi-market access (US, SGX, HKEX, LSE) and free US trades at Gold tier are genuinely useful. But if you are SGX-only, cash-only, and chasing the lowest possible commission, it is worth cross-shopping FSMOne, moomoo and Tiger Brokers – and if CPF-OA or SRS access matters, Endowus and FSMOne remain the more complete options. Use our retirement calculator to work out how much you actually need to invest each month before picking a broker on fees alone.

Ready to Start Trading?

Compare your options before committing – here are direct links to sign-up pages with the latest referral perks.