What's ToS?

Tested TDAA platform. Very confusing.

its for personal account only.
How to open citibank usd account?

boss, hows ur experience with citi??

so it means as individual we can online transfer between the MYR/USD account as normal payment and transfer,
isnt it is free for these? y still consider as TT and charge TT? how much is the charge?

as stated in website:
https://www.citibank.com.my/english/deposit...alMoneyTransfer
"No additional fees or charges required." 

ic, so the cheapest way is from own MYR citi account to own USD citi account, then to IB account.
last one is not us local bank transfer?
thanks.

Oh, I think I get it wrongly, the USD account mentioned here is the foreign currency account, that's is held in Malaysia.

I am mistaken it as US account, which we do fund transfer as in "Citibank Global Transfer".
thus, I am surprise and want to know how to open citi account in US locally.

same idea for open actual SG citi account and do "Citibank Global Transfer" to it.

thanks anyway

Hi , how do you cash out the money into ringgit ??

Been reading all 19 pages on ETF, funding etc...what an eye opener.

Been reading up on DriveWealth broker as well. seems like a relatively new fintech company that is a member of FINRA and SIPC, so i guess it's legal.

From the practice account, there are pros and cons:

Pros:
1. multiple funding options: TT only incur the cost at the bank and no charges from their side, funding using credit card etc
2. commission USD2.99/trade
3. can buy a fraction of share
4. min deposit USD50-60 (including misc fees)
5. web site seems very simple and graphical, probably good for beginners

Cons:
1. only limited stocks available to trade
2. less common compare to big boys. can last long term?
3. no GTD functionality. So order last for 1 trading day only
4. withdrawal USD45 each time
5. security concern?

Cant seem to find much info about this broker but seems to attract retail customers (claim to have >100k retail customers). Worth the risk?

What is the different listing of etf at Arca , bat, nasdaq ?

rjb123, AVFAN said it's getting harder to open IB. Is that true?

rjb123 sorry for borthering you. I would like to ask how do you fund your IB?

1. SGD > IB
2. USD/GBP > IB

Right,... so rjb123 deposits GBP notes into IB from his UK Account which is free, since that account is based in the UK (whose natural currency is the GBP), but if he deposits USD into that account, he will have to pay USD50 fee, because the USD would then be foreign currency in the UK,... Is my understanding correct ?

Well he did said it's cheaper to fund account using SGD than using RM. Let's wait for his reply.

Tq rjb123,....

Pertaining to the above, I would understand you would be able to transfer over funds from a Sgp bank acct in SGD into the IB SGD Acct,...

But my question is : are you able to give SGD cash by hand to the IB employees at the IB Office in Sgp to be deposited into your IB SGD trading acct ?

YES,... bro,... all my doubts are cleared. Your second sentence : They don't even accept transfers from accounts in a different name, happened after the 1MDB case started blowing-up,... yes, my private banker warned me of this !!!

In some past postings when a forummer said to me,... capital controls has been in existence even before 1MDB started, yes, I would agree,.. but back then,...before the 1MDB fiasco started, your second sentence has not been enforced yet !

After that 1MDB case blew up, MORE enforcements were put in place,... and more restrictions against capital movement were enforced,... That's why I said,... thanks to 1MDB. Now I/we am/are heavily inconvenienced.

I am thinking of the Citibank approach:

1. open MY Citibank account
2. open SG Citibank account
3. move fund around using the "global fund transfer"

anyone try this before?