Upsized Promo: Get up to S$100 With Syfe Trade
Haven’t tried Syfe? Sign up for a Syfe Trade account and get up to S$100 depending on how much you place as an initial deposit.
Syfe trade has been out for a couple of years now and while they haven’t been aggressive with their marketing, they remain one of the nicer apps to use. Most trading apps can be very complex and scary looking but Syfe Trade has a relatively clean and simple user interface so you would find this a preferred choice if you prioritise simplicity.
Since the last time I talked about Syfe Trade, they’ve added Singapore market trading on top of US market which they launched with.
Syfe
Launched in Singapore in 2019, Syfe is licensed by the Monetary Authority of Singapore (MAS) to transform the way people invest and manage their money.
🎁 Syfe Brokerage
Sign up with link by 31st August 2025 and complete the following steps: Update: Syfe has ended the promo prematurely. Stay subscribed for updates.
- Sign up for a Syfe Brokerage account and complete the know-your-customer (KYC) verification process
- Apply the code
SETHISFYduring the Promotion Period - Make a one-time deposit of S$2,000 or more in fresh funds into your Syfe Brokerage account within 30 days
- Maintain a minimum balance of S$2,000 in your Brokerage account for at least 30 calendar days from the date of the deposit
Meet the requirements and receive one share of DBS, OCBC, and UOB each!
⚠️ Important Notes
- Make sure code
SETHISFYis applied. - Make sure to deposit into Syfe Brokerage (found under Trade tab) NOT Syfe Wealth (found under Invest tab)
- Only a one-time deposit of S$2,000 or more. Multiple smaller deposits that add up to S$2,000 do not meet the requirement.
- You may be disqualified from receiving the reward if your balance falls below S$2,000 during the 30-day period due to withdrawals or transfers.
- Shares will be given by 31st October 2025.
For reference only; refer to exact details in terms and conditions
Trading Fees
As far as trading fees go, Syfe Trade isn’t the cheapest compared to other animal-themed apps, but they are already pretty low. There are even free trades even at the lowest tier.
| No min. | S$50,000 | S$250,000 | S$1,000,000 | $5,000,000 | |
| US | 2 free trades
per month US$1.49 per trade thereafter | 4 free trades
per month US$1.49 per trade thereafter | 8 free trades
per month US$1.29 per trade thereafter | 10 free trades
per month US$0.99 per trade thereafter | Unlimited free trades |
| SG | 0.060% of trade value, min. S$1.98 per trade | 0.055% of trade value, min. S$1.98 per trade | 0.050% of trade value, min. S$1.98 per trade | 0.045% of trade value, min. S$1.98 per trade | 0.040% of trade value, min. S$1.98 per trade |
While Syfe does not take commission for the free trades, there are still regulatory fees that are payable, so do take note of that.
Build up portfolio through auto-investing
My belief is that investing should be done automagically to build up one’s portfolio over time. If left to do on an ad-hoc basis, many people lack the discipline to invest on a continual basis. It is a good thing that Syfe Trade comes with an auto-invest feature so you can set it up once and leave it to help you build up your portfolio. Two free trades should be more than enough to dollar-cost average into exchange-traded funds.
Fuss-free, easy to use app with a deal sweetener
If you want an easy app that as a simple, understandable user interface, Syfe Trade is a great option. The current promo also sweetens the deal and boosts your starting capital. Starting off green is always a good start to one’s investing journey.
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⚠️ Investing involves risk and Sethisfy.com is not liable for any loss, financial or otherwise. You are encouraged to exercise due diligence when signing up for any financial product, or investing based on the materials published on this site. None of the content here should be construed as financial advice.
Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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