At TD Ameritrade, which account did you guys chose? Joint tenant WROS (with rights of survivorship) or Traditional IRA?

I am new to all this. Trying find out how to open a US account to buy ETF.

TD was mentioned by dreamer the TS , low maintenance fees suit me fine.

When i entered the TD website to open the account, i was stucked when asked about which account
to choose. Option for individual - i think joint account would suit me.
Then there is option for a retirement account - save for retirement 10 years later is my aim.


I didnt know IRA only for US citizen,
For working malaysian paying 26% income tax here, which account would u recommend?

any opened US account recently? seems like the rule has changed and people in malaysia cant open the US account....

This is the reply i got from TDAM.

" I will be happy to assist you.

TD AMERITRADE is currently unable to open new accounts for clients with mailing and/or physical addresses in Malaysia. This is a result of a thorough legal review of established regulations in your country. We appreciate your interest in opening an account and wish you the best in your investment needs.

Thank you for contacting TD AMERITRADE and allowing us to assist you.

Sincerely,



Monica Murray
Client Services, TD Ameritrade
TD Ameritrade, Inc."

Got to confirm with you guys before i put fake address to play my money.

You mean i can simply put an address there eg. an address belongs to a classmate in Singapore and then i do my trading online from Malaysia? I thought they can detect where my location is from my computer here.

Would it jeopardize my money using a false address and got caught later on?

This is good news, then i just wonder why have that condition that disallow malaysian addresses ........

Why include such a 'loose condition' to control when people can easily avoid.......

Malaysian govt tried to stop us investing in US??
US brokers do not want malaysian moneys?


Surely the malaysian govt can do better than such lousy loose condition to control us.......
or are there some hidden sticks that the govt can use later on for such accounts?

This post has been edited by guy3288: Aug 2 2014, 09:03 AM

If bond is paying below 4%, that is too low. Even FD can do better.
PBB bank bond is paying 7.5%. OSK Medium term notes bond 7.25%pa .

CMF at only 3.2% is only good for parking temporary money.

.yes, can buy from cimb bank wealth management

cant find the link, can only give you thsi,
PBB002 - Non Innovative Tier 1 Stappled Capital Securities coupon. 7.5%
HwangDBS Structured Income Fund IV =6% pa
OSK Medium Term Notes Stock Code UN100016, 7.25%
CIMB001 - Innovative Tier 1 Capital Securities 6.7%