StocksCafe first started as SGXCafe in 2015 as we only supported SGX then. Over time, more exchanges were added as requested by users. However, some users started sharing that they only needed SGX and prefer not to purchase a plan that included everything.
It took a while to work out and make the changes, but today – on National Day – we are happy to announce a new plan that is solely for Singapore exchange access! Check out the details on this page. The prices are cheaper at 4.5/35/95 than the all-inclusive plan of 5.5/45/115.
We have also decided to make some naming changes:
– The all-inclusive plan will be known as Global Friend of StocksCafe
– The Singapore-only plan will be known as Friend of StocksCafe
The key difference between them would be your access to different exchanges. Some examples of how a Friend of StocksCafe’s access will differ from a Global Friend: Friends can only have SGX transactions in their portfolio, can only use Screener to screen stocks from SGX, and will have limitations when viewing data from other exchanges.
Q: What is going to happen to the current subscriptions?
A: All current Friends of StocksCafe subscriptions before the change are “upgraded” to Global Friends of StocksCafe. You can check your subscription details here.
Q: Can I downgrade my subscription from Global Friend to Friend?
A: Yes, you can do so at the end of your current subscription. Please make your selection via this subscription page.
Q: If I subscribe to Friend of StocksCafe now, can I upgrade to Global Friend of StocksCafe?
A: Yes, you can upgrade at any time using this payment page. You simply pay the difference in price based on the number of remaining days of your current subscription plus a small admin fee (SGD2). Upon successful payment, you will be upgraded to Global Friend.
Q: What if I need more than SGX but not all exchanges? Say, I need only 2 or 3 exchanges?
A: Determining prices and different types of plans to offer is a complex problem. We need to balance flexibility, complexity, fairness and profitability. So, for now, we will stick with just two plan types (SGX or Global). We will continue to listen to feedback and improve.
Happy National Day!