Sponsor: Sign up to Syfe CODE "SPKELVIN" https://kvli.link/syfe
Options trading sounds like something only active traders bother with. But Syfe just launched options on their brokerage, and a few of you were asking about it. So I went in and tested it myself to see if it's actually useful for someone who just holds stocks.
In this video, I walk through what Syfe Options looks like in the app, how the fees compare to other platforms, and what I honestly think of it after testing it firsthand.
⏱️ TIMESTAMPS
00:00 — Introduction
00:28 — What options can do for you
01:47 — The fees
02:39 — App walkthrough
04:29 — Limitations
05:49 — My honest take
06:31 — Closing
Disclaimers:
* Not financial advice. The screen displays and/or the images of the application are for reference and illustration purposes only. This is a sponsored post by Syfe Pte. Ltd. Terms and conditions apply. This advertisement has not been reviewed by the Monetary Authority of Singapore.
Options trading involves increased risk and may not be suitable for all investors. Options are complex instruments and may result in the total loss of your investment within a brief timeframe. It is important that you read and understand the risks relating to options trading in the client agreement, our website, and the OCC options disclosure before proceeding. By trading options on Syfe's platform, you confirm your understanding and acceptance of these risks.
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