What’s the catch with syfe?
Free us stocks buy and sell, free options trading. (Free for 3 months, then after that $0.99 which is comparable/standard). It even has uk stocks, unlike Moomoo. Even the currency conversion rates are not bad. For example, when I just checked 1000 sgd = 777.86 usd on syfe, comparable to Moomoo 1000 sgd to 778.56 which are both better than dbs 1000sgd = 773.92
Seems all around better than other brokers like Moomoo. And what’s stopping people from abusing the free stock and options buy and sell? Like use it for multiple quick trades without fees, or find some way to do hft.