Syfe

Syfe
WikiStocks Rating	⭐⭐⭐
Fees	Managed Fees:From 0.25%-0.65%
Interests on uninvested cash	N/A
Margin Interest Rates	9.20%
Mutual Funds Offered	Yes
Platform/APP	Syfe APP
Promotion	N/A

What is Syfe？

　　Syfe is a financial services provider that features a versatile investment management platform known as the Syfe App. The company offers services ranging from mutual fund management to investment accounts, with managed fees varying between 0.25% to 0.65%.

　　Syfe does not offer interest on uninvested cash and applies a margin interest rate of 9.20%. While Syfe supports diverse investment strategies, it does not currently provide promotional offers, which could be a drawback for those seeking additional incentives.

Pros & Cons

　　Pros:

　　Syfe offers a diverse range of tradable assets and is regulated by both the SFC and MAS, ensuring reliable compliance and security. The platform's unique Syfe app enhances user experience with asset management capabilities and useful analysis tools.

　　Cons:

　　Challenges for Syfe include not always timely customer support and higher commission fees up to 0.65%. The platform lacks diverse account options and does not provide access to IPOs and OTC trading, potentially limiting investment opportunities.

Is Syfe Safe？

• 　　Regulations:

• 　　Syfe is regulated by the Securities and Futures Commission (SFC) of Hong Kong and the Monetary Authority of Singapore (MAS), two highly respected regulatory bodies in the financial sector. Syfe's regulatory status in both jurisdictions is robust, with license number CMS100837 from MAS, and license number BRQ741 from SFC, further enhancing the firm's credibility and the safety of investing through its platform.



• 　　Funds Safety:

　　Syfe takes rigorous steps to ensure the safety of client funds. All client data is stored securely using Amazon Web Services (AWS) data centers in Singapore, employing bank-grade data security measures. For dispute resolution, Syfe is registered with the Financial Industry Disputes Resolution Centre (FIDReC), offering an independent and impartial avenue for resolving any issues. Additionally, client funds are invested in established investment funds, held in custodian accounts, and insured against loss.

　　Funds in managed portfolios and brokerage accounts are held in trust accounts at reputable banks like DBS and HSBC, ensuring they are kept separate from Syfes operational funds and are invested strictly in the client's portfolio assets.



• 　　Safety Measures:

　　Syfe implements robust security measures to protect client accounts and transactions. This includes state-of-the-art data encryption across all its services to secure client data transmission. For enhanced account protection, Syfe utilizes two-factor authentication (2FA), where a One-Time Password (OTP) is sent to the clients mobile phone in addition to their password. This layered security approach ensures that client investments are safeguarded at multiple levels, maintaining a secure environment for growing wealth safely.



What are securities to trade with Syfe？

　　With Syfe, clients can trade a wide array of investment products on the platform, meeting diverse investor needs. These securities include:

• 　　Managed Portfolios: Syfe offers expertly curated and risk-managed portfolios that aim to meet various investment goals and risk tolerances.



• 　　Individual Stocks: Investors have the opportunity to buy and sell individual stocks, providing flexibility to tailor their investment strategies.



• 　　Thematic Portfolios: These include specialized investments such as ESG & Clean Energy, Disruptive Technology, Healthcare Innovation, and China Growth, allowing investors to focus on specific sectors or themes.



• 　　REITs (Real Estate Investment Trusts): For those interested in property investments, REITs offer a way to invest in real estate without buying physical properties.



• 　　Passive Income Strategies: Products like Income+ and REIT+ are designed to generate regular, diversified income, attracting those focused on capital preservation or appreciation.



Syfe Fees Review

　　Syfe offers a transparent and tier-based fee structure designed to be simple, affordable, and straightforward across various investment services:

　　Managed Portfolios

　　Syfe's managed portfolio fees are structured on a tier-based system. As the investment amount increases across different tiers, the annual management fees proportionally decrease. This approach incentivizes higher investments with lower relative costs, allowing investors to maximize the value retained from their returns.

　　Cash Management

　　For cash management, Syfe offers two types of accounts: Guaranteed and Flexi. The Guaranteed account carries no fees, emphasizing Syfe's commitment to affordability. The Flexi account fees vary slightly based on currency and tier but are designed to be minimal to encourage saving and investing surplus cash.

　　Brokerage

　　Syfe's brokerage fees for the US market include a number of free trades monthly, with a nominal fee for additional trades. The fee structure is more favorable as clients move up tiers, with the highest tier offering unlimited free trades. For the Singapore and Hong Kong markets, the trading fee is a percentage of the trade value, which decreases as clients ascend to higher tiers, making larger trades more cost-effective.



Service Type	Tier	Fees
Managed Portfolios	Blue	0.65% P.A.
	Black	0.55% P.A.
	Gold	0.45% P.A.
	Platinum	0.35% P.A.
	Diamond	0.25% P.A.
Cash Management (Guaranteed)	-	None
Cash Management (Flexi SGD)	-	0.15% to 0.05% P.A.
Cash Management (Flexi USD)	-	0.20% to 0.15% P.A.
Brokerage (US Market)	-	2 to unlimited free trades, then $1.49 to $0.99/trade
Brokerage (Singapore)	-	0.060% to 0.040% of trade value, min S$1.98/trade
Brokerage (Hong Kong)	-	0.060% to 0.040% of trade value, min HKD$15/trade

Syfe APP Review

　　The Syfe app offers a streamlined and intuitive interface for both new and experienced investors, enabling easy management of diverse investment options such as managed portfolios, self-directed stock and ETF trading, and thematic investments.

　　Overall, the Syfe app is efficient and user-friendly, designed to meet a broad spectrum of investment needs.



Research & Education

　　Syfe provides an approach to investor education and market research, structured into three main parts:

• 　　Educational Content and Tools:

• 　　Syfe Magazine and E-books: Syfe offers a variety of educational materials that attract investors at all levels. Through Syfe Magazine and a selection of e-books, users can access in-depth articles on investment strategies, market trends, and financial planning.

• 　　Financial Calculators: To aid in financial planning, Syfe provides several online calculators, including a Compound Interest Calculator, a Retirement Calculator, and an Investment Calculator. These tools help users understand the potential growth of their investments and plan for future financial needs.

• 　　Market Insights and Analysis:

• 　　Latest Articles: Syfe regularly updates its users with the latest articles under categories like Investing Basics, Market Insights, and Retirement Planning. These articles offer insights into current market conditions, investment opportunities, and tips on managing finances effectively.

• 　　Thematic Portfolios: For those interested in sector-specific investments, Syfe provides thematic portfolios such as ESG & Clean Energy, Disruptive Technology, and Healthcare Innovation. Each theme is accompanied by research and insights that underline the investment's potential and market dynamics.

• 　　Learning Through Engagement:

• 　　FAQs and Support: Syfe has an extensive FAQ section that addresses common financial and investment questions, providing clear and concise answers that help educate investors on various aspects of finance and investment.

• 　　Interactive Webinars and Workshops: Syfe engages its community through interactive webinars and workshops that cover a broad range of topics from basic financial education to advanced investment strategies. These sessions are designed to enhance learning through direct interaction with financial experts.



Customer Service

　　Syfe offers customer support designed to assist clients with their investment needs. Clients can contact Syfe through various channels including email at support.sg@syfe.com, live chat available 24 hours from Monday to Friday and limited hours over the weekend, and phone service at +65 3138 1215 during business hours on weekdays.

　　Additionally, WhatsApp support is available 24 hours from Monday to Friday for quick queries. For personalized service, clients can schedule calls with wealth advisors who provide detailed guidance on all products and services offered by Syfe, ensuring a tailored experience for each investor.



Conclusion

　　Syfe is a dynamic financial services platform that offers a wide range of investment options and tools tailored to meet the needs of diverse investors.

　　From managed portfolios to self-directed trading and custom options, Syfe provides solutions that meet both growth and passive income strategies.

FAQs

　　Is Syfe safe to trade？

　　Yes, Syfe is safe to trade. It is regulated by the Monetary Authority of Singapore and employs security measures including two-factor authentication and data encryption to ensure the safety of users' funds and personal information.

　　Is Syfe a good platform for beginners？

　　Yes, Syfe is an excellent platform for beginners. It offers a user-friendly interface, educational resources such as Syfe Magazine and e-books, and various investment options that allow new investors to start with simpler, managed portfolios and gradually advance to more involved trading activities.

　　Is Syfe legit？

　　Yes, Syfe is a legitimate investment service provider. It holds a Capital Markets Services Licence from the Monetary Authority of Singapore and adheres to strict regulatory standards.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.