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Review: Syfe Trade – Great For Dollar Cost Averaging, Free Trades, Limited Sign Up Promo (Up to S$70)!
By Sethisfy  •  March 6, 2022
There’s a new broker in town – a neobroker, actually – and it’s Syfe Trade. Brought to you from the people from Syfe, I have used this app for a while and have found it suitable for many people including myself. If you’re someone who just wants a no-frills, cheap, and simple way to invest, Syfe Trade is really compelling given its features and fees. I love fractional trading! Fractional trading is a feature that is so no-brainer I’m not sure why more stock trading platforms don’t support it. Instead of investing by number of shares, fractional trading lets you invest by the amount you desire. For instance, Apple is around US$162 now, and if you have a budget of US$500, you would normally buy 3 shares on other platforms which comes to US$486, slightly below your budget. When Apple goes up...
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
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