A Syfe review has to cover two products, because Syfe is both a robo-adviser and a broker. As at November 2026, its managed portfolios cost 0.65% a year on balances below S$50,000, falling to 0.25% at S$5 million. Its brokerage lists US$0 commission on US stocks and 0.06% (minimum S$1.98) on SGX stocks. Syfe Pte. Ltd. holds a Capital Markets Services licence from MAS.
Investing can lose money. A managed portfolio is still invested in markets, and its value can fall. You may get back less than you put in. Nothing here is a recommendation.
What Syfe Is
Syfe is a Singapore digital wealth platform. It is one of the three robo-advisers that local finance sites and creators promote most, with Endowus and StashAway.
It offers:
- Managed portfolios built from ETFs and funds, including equity, REIT and income portfolios, and SRS portfolios.
- Cash management products for short-term money. These are investment products, not bank deposits.
- A brokerage for US, Singapore and Hong Kong stocks and ETFs, a small set of London-listed UCITS ETFs, and US options.
Your pricing tier depends on your total Syfe assets or your net invested amount, whichever is higher.
MAS Licence and How Your Assets Are Held
The MAS Financial Institutions Directory lists Syfe Pte. Ltd. as a Capital Markets Services licensee. The licence covers fund management, dealing in securities, collective investment schemes and exchange-traded derivatives, and providing custodial services. It is also an exempt financial adviser.
For US shares bought through the brokerage, Syfe says Alpaca Securities LLC, a US broker, acts as sub-custodian. Syfe notes that the US investor protection scheme, SIPC, covers customers of a failed member firm up to US$500,000, including US$250,000 for cash. That protection is against the failure of the US broker. It does not cover a fall in the value of your shares.
We could not confirm from Syfe’s public pages which custodians hold managed portfolio assets. Ask Syfe, or check your account documents.
SGX shares bought through Syfe are held in custody, not in a CDP account in your name. Nothing at Syfe is SDIC-insured, including its cash management products.
Syfe Review of Fees (as at November 2026)
Figures are from Syfe’s pricing page, which is dated 1 January 2026 and says fees are subject to GST where applicable.
| Tier (assets) | Managed portfolios | SGX stock commission | Flexi cash (SGD) |
|---|---|---|---|
| Blue (no minimum) | 0.65% a year | 0.060%, min S$1.98 | 0.15% a year |
| Black (S$50,000+) | 0.55% | 0.055% | 0.10% |
| Gold (S$250,000+) | 0.45% | 0.050% | 0.10% |
| Platinum (S$1 million+) | 0.35% | 0.045% | 0.10% |
| Diamond (S$5 million+) | 0.25% | 0.040% | 0.05% |
Other brokerage prices on the same page:
- US stocks and ETFs: US$0 commission and US$0 platform fee, all tiers.
- Hong Kong stocks: 0.060% down to 0.040% by tier, minimum HK$15 at the Blue tier.
- US options: a number of free contracts a month by tier, then US$0.39 to US$0.49 a contract, minimum US$0.99 a trade.
Managed portfolios also bear the costs of the ETFs and funds inside them. Those fund-level fees come out of the fund’s value. You do not see them as a separate charge, but you pay them.
We could not verify a currency conversion charge, any withdrawal fee or minimum amounts beyond “no minimum” for the Blue tier. Syfe’s page did not show them. Check the fee disclosures in the app.
The short version: Syfe charges one flat percentage on your whole managed balance, and the rate drops at S$50,000. Its brokerage is low-cost for US shares. You cannot use CPF, and SGX shares are held in custody.
What a Year Costs: Two Worked Examples
Both examples illustrate fees only. They assume no market movement and leave out GST and fund-level fees.
Managed portfolio. You invest S$2,000 a month for a year. Your balance averages about S$13,000 over the year, so the 0.65% fee comes to roughly S$85. In the second year, with S$24,000 invested and nothing added, it is about S$156.
If the balance reaches S$50,000, the rate on the whole balance drops to 0.55%, or S$275 a year.
Brokerage. You buy US$2,000 of a US-listed ETF and S$2,000 of an SGX-listed share each month.
- US order: US$0 commission and platform fee.
- SGX order: 0.06% of S$2,000 is S$1.20, so the S$1.98 minimum applies. Assuming SGX trading and clearing fees of S$0.80 are passed on, as at other brokers, and adding GST, the order costs about S$3.03. That is roughly S$36.40 a year.
The currency conversion from Singapore to US dollars is the missing piece. A zero-commission trade can still cost money through the exchange rate, so compare the quoted rate with a reference rate.
Funding, CPF and SRS
You fund Syfe by bank transfer in Singapore dollars. Syfe says withdrawals and transfers between portfolios are unlimited.
Syfe offers SRS portfolios. You need an SRS account with one of the SRS operator banks first. Our SRS guide explains contribution caps, tax relief and withdrawal rules.
We found no CPF Investment Scheme option at Syfe. If you want to invest CPF savings, see our CPF Investment Scheme explainer and look at platforms that support it.
Drawbacks and Alternatives
- The fee is charged on everything, every year. A S$100,000 portfolio pays 0.55%, or S$550 a year. A broker charges only when you trade. Over many years the gap is large, and it is the price of having the portfolio managed.
- No CPF.
- Some portfolios are concentrated. A portfolio made only of REITs, or only of one country’s shares, will move more sharply than a diversified one. Read what each portfolio holds.
- Options sit in the same app. Options can lose their whole value quickly. They are not part of ordinary long-term investing, and we do not suggest using them.
- Cash management is not a savings account. Returns are not guaranteed unless the product says so, and none of it is covered by deposit insurance.
Who Syfe does not suit
Syfe’s managed portfolios do not suit someone who is comfortable buying a few ETFs and wants the lowest running cost. They also do not suit CPF investors. Its brokerage does not suit anyone who wants SGX shares held at CDP.
Alternatives to compare
- Endowus supports CPF and SRS, and charges 0.60% on cash portfolios below S$200,000.
- StashAway charges on a sliding scale that starts at 0.8%.
- Interactive Brokers or Webull for buying ETFs yourself.
Our robo-adviser comparison and guide to the best investment platforms in Singapore set out the numbers.
What To Do Next
- Check Syfe in the MAS Financial Institutions Directory.
- Read the factsheet of any portfolio you are considering, including its fund-level fees.
- Work out the yearly fee in dollars on your expected balance, not only the percentage.
- Use our compound interest calculator to compare outcomes with and without a 0.65% yearly cost.
