Get deeper insights on price movements and latest market news. This cash credit is valid from 2 November 2022 - 6 November 2022. Scammers might impersonate real people from genuine financial services firms to tempt you into investing in any recommended stocks/investment products. Clients may use this promo code in order to obtain benefits such as cash bonuses or fee waiver incentives subject to meeting the promotions terms and conditions. Syfe Trade offers full extended hours trading for the US market! After the introductory offer, clients will enjoy 2 free trades each month, and fees of USD 1.49 per trade for their 3rd trade onwards. Syfe. Buying power represents the amount a user has in his/her account that is available to invest. As someone who just wants to buy and sell US stocks whenever theres a good opportunity, I prefer Syfe Trades simple and straightforward interface. Reward given is tied to the - first portfolio type at which the account has first funded. In Japanese, the word Saifu means wallet and to be closely E.g. How to Get Up to $70 of FREE Cash Credit (Till 31st March) The cash credits will be given in 7 days and you can use them to buy any US stock or ETF of your choice. Kindly note that Syfe is not responsible for any failures on the part of your referrer to meet the requirements of the Syfe Referral Program. Syfe Trade has the usual array of benefits that I like for neobrokers, and one thing different - Affordable 0.6% commission (min. . - First deposit is calculated using the sum of all the transfers from the first day. associated with our most important attribute - which is the word Join over 100,000 Singaporeans and invest in your favourite companies right here. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Affiliate linksSyfe: FRUGALFOXEndowus: KTSQ0Trust Bank: 7VHA9ME3. Your email address will not be published. Syfe reserves the right to suspend accounts or remove the Incentives if we notice any activity that we believe is abusive, fraudulent, or in violation of the Syfes Terms & Conditions. Clients are prohibited from paying to advertise their referral codes. Syfe Promotions Earn rewards such as cash bonus, credit, fee waivers and more when you invest with Syfe. Referrals should only be used for personal and non-commercial purposes, unless approved by Syfe. Trusted by 100,000+ investors to grow wealth Regulated by Monetary Authority of Singapore Licence - CMS100837 Platform partners Secure setup Seedly 4.6 Syfe Trade New Invest in US and Singapore markets Free trades and low fees US stocks or ETFs from US$1 MAS-regulated, SIPC-protected Start investing Learn more Syfe Trade Welcome Offer. The referral bonuses for Cash+ and the investment portfolios are not stackable. why we like Syfe View more As they say, time in the market is key, and you could be missing out by having to wait. After the first 3 months, youll get 2 free trades each month. The platform has no minimum investment amounts and maintains a low annual fee, starting at 0.35% per annum of the total amount invested. You are eligible to receive rewards by referring new-to-Syfe friends. Requests to tag any referral codes to a Syfe account 14 days after account creation will not be accepted. FINRA rules define a "pattern day trader" as any customer who . characteristics, and restrictions by reading the Risk Disclosure Statement, and determine if the investment 2. Execute your first buy trade If you are eligible, you will receive the USD equivalent of SGD 60 in cash credits within 7 working days and see this reflected as an increase in your buying power. If the invited joins both Syfe Wealth and Trade within 30 days of signing up, they will be entitled to both benefits. Syfe reserves the right to suspend accounts or remove the Incentives if we notice any activity that we believe is abusive, fraudulent, or in violation of the Syfes Terms & Conditions. For Singapore stocks, the fee is on par with Tiger and moomoo. Plus, the free monthly trades and fractional shares for the US market are very attractive. Discover new offers in 2022 provided by Syfe Current Promotions: Syfe Trade Welcome Promotion Syfe Wealth New Client Promotion Syfe Referral Program Our cash credits will be reflected as an increase in our buying power in our account, and we can use it to . should be placed on any assumed target return. New customers can enjoy referral benefits on both if they sign up for both within 30 days. Requests to tag any invitation codes to a Syfe account 14 days after account creation will not be accepted. All When you refer friends to Syfe Trade using your referral code, you will receive S$30 cash credit for each successful referral. You might want to consider Interactive Brokers instead. No. Syfe REIT+ Review - And Promo Code! Eligible customers agree to the terms and conditions of Syfes Privacy Policy, which can be found at. Thats one of the cheapest for US stocks. Refer a new-to-Syfe client to any of its products (Wealth or Trade) and mutually get benefits per the chart illustrated below. In September 2020, the company raised another US$ 18.6 million for its Series A round and an additional US$ 30 million in July 2021. making any investment or business decisions. What is buying power? How do I apply a promo code? Launch in late 2021, Syfe Trade is an online brokerage platform that helps you to make low-cost, secure investments in US stocks and ETFs. Investment involves various risks, and you should ensure that you fully understand the risks, We do not warrant, endorse, guarantee, or assume any responsibility for any loss caused by content on this website. No. Syfe Trade is Singapores first neobroker in Singapore. Use of this website is governed by the Terms The content contained on this site is provided to users as-is without any express or implied warranty. Promo is capped at one time per user Promo is applicable for fresh funds deposited in a single transaction. Same day withdrawals. So is Syfe Trade the best broker for US and Singapore stocks? E.g. Get to know more about our investment approach. of Use. The Singapore market does not follow any PDT rule. Rewards earned are non-transferrable across platforms ie Cash credit from Syfe Trade is not transferable to Syfe Wealth portfolios, nor can cash bonus from Syfe Wealth can be transferred into Syfe Trade. You, however, will only be eligible for the benefits of the first product they have registered for. Syfe Cash+ is a way to earn yield on your idle cash. Cash credit refers to the reward credited to your buying power. Invite your friends to sign up for a Syfe account by sending them your referral code. 6-Month Full Fee Waiver For Investments Up To $50,000. E.g. not available during extended trading hours. Trade US stocks and ETFs, simply and securely. products are suitable for your financial situation, investment objective, and risk tolerance before making any You are recommended to obtain independent professional advice where appropriate. safe, #11-01 11th Floor, The House Of Eden, 4 Robinson Road, Singapore 048543. Syfe offers fully-managed investment portfolios for everyone, with no minimum investment or lock-in. Capital Markets Services License and is regulated by the Monetary Authority of Singapore (Co. Reg. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of you acting based on this information. Sign up with Syfe Trade via the referral code: SRP6G4YN8. Syfe is the all-in-one platform where everyday investors can access simple, smart and affordable investing, to grow wealth their way. Intro to Syfe Watch on Are my investment funds secure if I invest through Syfe? 1) You entered a referral code when creating your Syfe account but did not make any fund transfers within 14 days of account creation. The Create Account page would appear after you completed your Risk Analyser. Receive S$70 cash credit ($60 from 'Trade Welcome Promotion', $10 from referral benefit) when you fund a minimum of S$1,000 to your Syfe Trade account, and make your first trade. It does not make any regard to your specific investment objectives, financial situation and any of your particular needs. For beginners looking to get into the US stock market, Syfe Trade is a great place to start. During the first 3 months, you get 5 free monthly trades, which you can use to either buy or sell a stock. reasonableness of the methodologies or assumptions used in calculating assumed target returns, and no reliance No. Webull Singapore Referral Promotion (Site Exclusive Bonus + Review), uSMART Invitation Code: uuw2 (Referral Promotion), moomoo powered by Futu new user referral promotion, Syfe Wealth (Robo-Advisor) Invite Your Friends Programme, Low fees of USD 0.99 per trade thereafter, Buy over 10,000 US stocks and ETFs with as little as USD 1. Fund your Syfe Trade account with a minimum of SGD $1,000, AND 3. Licence - CMS100837. Pronounced as It does not make any regard to your specific investment objectives, financial situation and any of your particular needs. During the introductory period, the fee for your 6th trade onwards is just US$0.99 per trade. All The information contained herein is provided for general information only and should not be used as a basis for The promotion codes are strictly unstackable, Eligible customers consent to Syfes collection and use of customers personal data and any disclosures of customers personal data by/to third parties for the purpose of this promotion. In the event of the Invited Client having missed the promo code field at signup, they have up to 14days to enter the invitation code directly through the Account Settings tab of their Syfe dashboard. If your friend created and transferred funds to both portfolios on the same day, the bonus will be awarded based on the last portfolio that was funded. If a friend has referred you to Syfe Trade and you have created your Syfe Trade account using their referral code, youll receive S$30 cash credit when you deposit a minimum of S$1,000 to your Syfe Trade account. performances. Syfe REIT+ vs REIT ETFs: Whats The Difference? Syfe Trade is uncluttered and you can quickly see where to buy or sell a stock, or create your watchlist. This advertisement has not been reviewed by the Monetary Authority of Singapore. To be eligible, you must: - Sign up and create a Syfe account - Use promo code SYFE50 during sign up or via the app menu button > promo referrals > referral/promo code - Fund a minimum of AUD 1,000 into your account Syfe is a digital wealth manager that launched in Singapore in July 2019 after raising $5.2 million in seed funding, led by UK-based venture capital fund Unbound. Clients may use the cash credit to buy any US stock or ETF of their choice. Note: Syfe has updated their promo code / referral code, the new code is: "FINANCIALHORSE" to enjoy Syfe Wealth: Zero management fees for 3 months / Syfe Trade: Additional S$10 bonus on top of existing promotions when users make their first trade. Sounds like life, Why the name Syfe? Syfe Trading Fees. performances. Once your friend fulfils the criterias, your reward will be credited to your account within 7 working days. The post has been updated to reflect that. All promotions and offers by Syfe are subjected to a set of terms and conditions. Lastly, having used Syfe for close to two years, I feel assured investing with them. Manage accounts, add and withdraw funds and more. P.S. You may use them as an investment credit to buy any securities of your choice on Syfe Trade. If you join both Syfe Wealth and Trade within 30 days of signing up, you will be entitled to both benefits (Syfe Wealth and Syfe Trade). Syfe has also expanded its repertoire beyond investments to launching their own brokerage account: Syfe Trade. investment decisions. You can get started here but for full access to features, please download the. To participate in the Syfe invitation Program, all parties must agree to the terms stated above and herein, which become part of Syfes Terms & Conditions. If youre new to Syfe, you can get S$70 worth of cash credits when you use our referral code FRUGALFOX. If you did not enter a referral code at the account creation stage, you have 14 days to apply the referral code from the day you make your first investment. Review: Is Syfe Trade The Best Broker For US & SG Stocks? Syfe is a digital investment platform that is building the next generation of financial solutions for individuals across Asia. This offer is available to selected users when they fund at least SGD 500 within the promotion period.. You will receive the USD 3 in cash credits on 27 September 2022 if you fund your Syfe Trade account with at least SGD 500 from now until 26 September 2022, 23.59.The cash credits will be added to your buying power and you can use them to buy any US stock or ETF of your choice. (At the moment, Syfe Trade is not available on desktop.). All This advertisement has not been reviewed by the Monetary Authority of Singapore. 201834952H). Your cash credits earned as part of the welcome promotion will be credited to your Syfe Trade account within 7 business days once you meet all eligibility criteria below: Apply the promo code 'TRADE40' when signing up for your Syfe Trade account, and Fund your Syfe Trade account with a minimum of SGD $1,000 within 30 days of signup Approach, Must have a Wealth and/or Trade account to receive rewards, Must use a valid referrer promo code at sign up, Log in to your Syfe account. To celebrate the launch of Syfe Trade, we are rewarding cash credits to new clients for completing actions per chart below within 30 days of signing up! Receive S$70 cash credit ($60 from Trade Welcome Promotion, $10 from referral benefit) when you fund a minimum of S$1,000 to your Syfe Trade account, and make your first trade. To buy a stock, the minimum trade value is USD 1. A quick look at Syfe Trade's features & benefits. This website is developed and operated by Syfe Pte. For fee waiver promotions management fees will automatically be waived on your accounts. Ltd. (Syfe), which holds a Syfe reserves the right to amend terms and conditions including changing the reward benefits of the promotion or offer, terminating the offer before stated validity date, changing the details of the promotion or offer or any other changes in order to protect the interests of the company or under circumstances of abuse. While ranking of performance over any time period is possible, our goal is to build long term wealth. #3: Complete your investment knowledge assessment. Get to know more about our investment approach. For cash bonuses the bonus will be credited to your first portfolio account within 3-5 working days, Pronounced as Theres no limit either e.g. Heres how you can earn rewards on Syfe Wealth and Trade! reasonableness of the methodologies or assumptions used in calculating assumed target returns, and no reliance making any investment or business decisions. Syfe Cash+ vs Stashaway Simple vs Endowus Cash Smart: Best cash management accounts in Singapore? Monetary Authority of Singapore. investing $10 in Tesla stock will also be counted as your first trade. The content contained on this site is provided to users as-is without any express or implied warranty. The promotion is valid till 31 December 2022. Sounds like life, Why the name Syfe? fractional shares trading is a useful feature not every brokerage offers. without notice and may differ or be contrary to opinions expressed by others. Cant find answers to what youre looking for? This website is developed and operated by Syfe Pte. The welcome promotion credits will be automatically credited to the Syfe account once you meet the promotion pre-requisites within 30 days of signing up: 1. Syfe does not take responsibility Syfe Wealth (Robo-Advisor) and Syfe Trade (Brokerage) are two separate products on the Syfe platform. forecasts, nor guarantees of future performance results, or the quality of an investment, are subject to change Execute your first buy trade If you are eligible, you will receive the USD equivalent of SGD $30 in cash credits within 7 working days and see this reflected as an increase in your buying power. This website is developed and operated by Syfe Pte. For example, you may have invested only $100 in Syfe Cash+ and $100 in REIT+. You may use them as an investment credit to buy any securities of your choice on Syfe Trade. Sounds like life, Why the name Syfe? Past performances are not necessarily indicative of future You can refer as many friends as you want to Syfe Trade. You are no longer eligible to receive rewards for being referred if you are an existing Syfe customer. Syfe Trade Welcome Promotion Get cash credits to buy any stock of choice when you fund and trade on Syfe Trade! As of October 2022, Syfe Trade is only accessible via the Syfe mobile app. Sign up with Webull Singapore with the referral link and receive welcome benefits of up to 130 USD worth of Tesla shares, zero commission trading and more! All rights reserved. Syfe Wealth offers personalised and custom portfolios, enabling users to fulfil their long-term financial goals. The "Pattern Day Trading" (PDT) rule is only applicable to the US market. 2022 SgReferralPromo.com. you can use your free trade allowance to buy as many units of a stock of you want. investment decisions. This is comparable to other alternatives on the market, and way better than the minimum ($10 to $25) charged by traditional brokerage. Lets say you only have S$1,000 to invest. But with fractional shares, you can split your money evenly between these 5 stocks by buying exactly $2,000 worth of each share. Social Media platforms/Messaging App), Do your research before investing in any investment product, Check the credentials of the supposed company or representatives using sources such as MAS. 9. A promo code is tied specific promotion offered at Syfe. Theres a new broker in town. Syfe does not take responsibility Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of you acting based on this information. On the 6th trade onwards, brokerage fees will be USD 0.99 (SGD 1.33) per trade, instead of USD 1.49 (SGD 2.00) per trade. 1) Your referred friend has yet to meet the minimum investment. This is a one-time reward for new Syfe Trade users. You can enter a referral code anytime from 1 December to 14 December to be eligible for the fee waiver. If your friend joins both Syfe Wealth and Trade within 30 days of signing up, they will be entitled to both benefits. Syfe is regulated by the Monetary Authority of Singapore (MAS) and individual accounts are insured by the Securities Investor Protection Corporation (SIPC) up to US$500,000 against brokerage failure. Also sharing my experience of opening a Webull account in this review. forecasts, nor guarantees of future performance results, or the quality of an investment, are subject to change Technically, if you arent one to trade very frequently, you can use Syfe Trade to invest commission-free in US stocks. They should enter your referral code when creating their Syfe account. Please note that if your friend has applied a different referral / promo code to create their account, we will not be able to change the code used to your referral code. Investment This advertisement has not been reviewed by the Monetary Authority of Singapore. So what makes it so special in a space thats crowded with so many other brokerage platforms? -. Apply the promo code 'TRADE30' in your Syfe Trade account, 2. Syfe's investment approach focuses not on trying to beat the market, but on systematically harvesting proven factors that in turn translates to better risk-adjusted return overall. The information contained herein is provided for general information only and should not be used as a basis for forecasts, nor guarantees of future performance results, or the quality of an investment, are subject to change First 3 months promo 5 free trades/ month US$0.99 / trade thereafter Subject to prevailing GST, where applicable Singapore market 0.06% of traded value Minimum S$1.98 Subject to prevailing GST, where applicable View more pricing details Welcome gift Sign up with Syfe Trade and receive S$40 with the code "TRADE40" to buy any stock of your choice* In the event of when a Referred Client funds both an Investment Portfolio and Cash+ Portfolio, the Referral Incentives will be treated as follows: If a Referred Client opens and funds a Syfe Core, Syfe REIT+, or Syfe Select portfolio, and a Syfe Cash+ portfolio on the, If a Referred Client opens and funds a a Syfe Core, Syfe REIT+, or Syfe Select portfolio, and a Syfe Cash+ portfolio on, All promotions and offers by Syfe are subjected to a set of terms and conditions. Approach, Must use a valid invitation code at sign up. 1 September onwards: 2 free monthly trades, USD 1.49 / trade after. Ltd. (Syfe), which holds a Send it to your family and friends. if your referred friend transfers S$1,000 to REIT+ on Monday and S$1,000 to Cash+ later that week on Friday, you will receive the referral bonus of $10 for Syfe REIT+. All rights reserved. products are suitable for your financial situation, investment objective, and risk tolerance before making any products are suitable for your financial situation, investment objective, and risk tolerance before making any You are recommended to obtain independent professional advice where appropriate. In essence, youre maximizing every dollar you have. return figures shown are presented for informational purposes only and are not indications, predictions, Syfe Trade supports Singapore SGX and US markets. The cash credits will appear in USD. 3. Check out more FAQs here. Given that Im already invested in the Syfe REIT+ and Core Equity100 portfolios, I like how I can view my US stock holdings and roboadvisory portfolios all in one place. Promo codes issued by Syfe are not valid for use together with promotions or offers. Terms and Conditions apply. Calling themselves a neobroker, Syfe Trade is a brokerage service offered by robo-advisor Syfe. You can protect yourself and others by observing the following: While we do our best to maintain up to date information on the available referral promotions, their terms and conditions do change frequently. without notice and may differ or be contrary to opinions expressed by others. Change your privacy setting in your messaging apps to prevent others from adding you to random investment chat groups. Ltd. (Syfe), which holds a Annual Management Fees. Enjoy investing with Syfe? Update: Syfe Trade now offers access to Singapore stocks. Content may contains affiliate links, and at no cost to you, we may earn a commission when you click on them. Another plus point is the fractional shares feature that Syfe Trade offers for US stocks. Syfe reserves the right to any remedy, including cancellation of your account or reservations, if fraud, tampering, violations of these terms or Syfes Terms & Conditions, or if technical errors are suspected. Financial Horse. Cash credits will be reflected as an increase in your buying power. characteristics, and restrictions by reading the Risk Disclosure Statement, and determine if the investment You can sign up and setup an account easily with SingPass. Eligibility: Must be a new-to-Syfe client Must use a valid invitation code at sign up If the invited joins both Syfe Wealth and Trade within 30 days of signing up, they will be entitled to both benefits. Be wary of scams that can take place in the form of online stock recommendations from unofficial sources or informal chat groups. Some scammers might use spoofed or unofficial social media accounts to spread and disseminate false information. Get to know more about our investment approach. Syfe also has the right to review and investigate all invitation activities and to suspend accounts or modify invitations in our absolute sole discretion as deemed fair and appropriate. Since the total value across all Syfe portfolios is $200, youre not yet eligible to join the Syfe Referral Program. Personally, I think level 2 market data is good to have, but not necessary unless youre an active day trader. Save my name, email, and website in this browser for the next time I comment. I was pleasantly surprised to find out that Syfe Trade is so easy to use. investing $10 in Tesla stock will also be counted as your first trade. Syfe Trade welcome promotion If you're new to Syfe, you can get S$70 worth of cash credits when you use our referral code FRUGALFOX. Yes. the trades can only be placed as market orders and not limit orders. Regardless of whether we are new or existing investors with Syfe, we can receive S$80 in cash credits when we start investing with Syfe Trade. Trade like a big time investor, without investing big time. Fund minimum AUD$1000 into your Syfe Trade account 2. 'Pattern Day Trading' (PDT) rule states that the customer should not execute four or more "day trades" within a rolling 5-business days period. 201834952H). Syfe is a digital wealth manager licensed by the Monetary Authority of Singapore under a Capital Markets Services License for conducting retail fund management activities. Individual accounts insured by SIPC up to USD 500K against brokerage failure.