Pricing

• Where can I see the fees I have paid when using Syfe?

  For Syfe, you can view details of fees paid by you by clicking on Order History, and clicking into the order for which you want to view fee details. You can also view your fee breakdown in the daily confirmation and monthly statements. These can be accessed from your Syfe app.

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• Will I receive a tax invoice for the GST charged on my ASX trades?

  Yes, Syfe will provide you with a tax invoice for the GST charged on your ASX trades. The tax invoice will be made available in your Syfe account and can be downloaded for your records.

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• Do I need to pay any additional taxes or fees on my trades besides GST?

  As a Syfe user, you may be subject to other taxes or fees based on your individual circumstances, such as income tax. It is recommended that you consult a tax professional or seek guidance from the relevant authorities to determine your tax obligations.

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• How is the GST calculated for ASX trades?

  The GST is calculated as 10% of the brokerage fees charged for ASX trades. The brokerage fees are inclusive of GST.

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• What about GST for trading on the Australian Securities Exchange (ASX)?

  For ASX trades, GST is charged at a rate of 10% on fees for Australian residents. However, non-Australian residents are not charged GST for ASX trades.

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• How much do I pay for a A$25,000 trade on the ASX with Syfe?

  For a A$25,000 trade on the ASX with Syfe, you would pay a brokerage fee of A$6.25, which is calculated as 0.025% of the trade value.

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• How much do I pay for a A$15,000 trade on the ASX with Syfe?

  For a A$15,000 trade on the ASX with Syfe, you would pay a brokerage fee of A$4.99.

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• How much does Syfe charge?

  US Stocks and ETFs

  As of 8th March 2023, Syfe charges a brokerage fee for trading US-listed shares and ETFs, which is US$1.49 per trade. 

  Australian market (ASX) 

  Syfe charges a brokerage fee for trading ASX-listed shares, which is A$4.99 per trade for a trade value below A$20,000. If the trade value exceeds A$20,000, a fee of 0.025% of the trade value is charged. However, there are no other costs associated with trading on the ASX with Syfe, such as market data fees and contract note fees.

  For Australian residents, a GST of 10% is included in the brokerage fee for ASX trades, while no GST is charged for non-Australian residents. It's important to note that for US stocks and ETFs as well as crypto, no GST is charged.

  Cryptocurrency

  For trading Cryptocurrency, Syfe charges a low and transparent 1% fee for any cryptocurrency buys or sells allowing you to get the most value out of your investments.

   

   

   

   

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