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...