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02/04/25
14:57
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Originally posted by Eqz:
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I've been a customer of self wealth since the very early days (8years+) . I've got a fairly significant portfolio, and over the years I really liked the platform. The low brokerage allowed me to swing trade stocks with tiny overheads. I I have done a little bit of research into Syfe, specifically looking through their client services agreement to understand how they manage capital and custodian ownership of funds, insolvency situations etc.. I'm a little bit on the fence as to whether I will continue using the platform post the acquisition, there's been no information shared around what Syfe plan to do with the platform. I'm assuming the acquisition was just a buyout the competition type, and customers will likely be migrated over to Syfe's existing brokerage platform. I wanted to start this thread to hear from other customers on what they plan to do, will you continue using the platform or are you considering alternative brokers?
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I have some holdings with Moomoo, to get a free Iphone (already got it). But my trade sizes are large enough that Selfwealth is better value in the long term. So I have to think where to keep the holdings, some time.