As suggested by people here. Captrader

Here's your answer.

Kindly read through this thread. The answer to your question is found in this thread. Not through me.

You have to go via UK buy Irish demonised ETF. Not HK. Buying HL is as good as buying from US. Kena tax 30% tax. Going via UK only tax 15%.

Of course if you are trading then different.

Captrader accepts money from instarem?

Wait, we can pay Captrader using SG bank account? How? They have office/bank account in SG? Or pay via IB SG bank account?

Nice. How about withdrawal part?

Nice.

Any idea how does IB and Captrader deals with next of kin? Will a will be enough?

1. Malaysia got no good ETF and Malaysia market not ready for ETF yet.
2. Yes can be done from Malaysia but when you are doing from malaysia, you get charged left right center (dividend fees, platform fees, higher exchange rate). So why pay the extra when you don't need too? The same goes if you go via Sam broker.
SG etf is not a good buy. 50% is taken up by the banks and singtel.
Compare that to s&p500. Is basically 500 companies.

ETF is only good for western country with large market. Both Malaysia and Sg market too small.

rjb123, hyperzz Any idea if Trade Station a white label of Interactive Broker?

This post has been edited by Ramjade: Mar 21 2019, 12:11 AM

Cause if they are a whitelabel of IB, is fantastic. A UK based website. Fees also kinda of cheaper than Captrader.

Trade Station customer service sure reply fast.
1. They accept Malaysians as customer.
2. Yes, they are whitelabel.
3. Minimal opening account is USD5000
4. No monthly fees if account fall below certain limit.

Look again
https://www.tradestation-international.com/...ng-commissions/

IB don't published it openly. You need to login and try to convert then only will show. Correct me if I am wrong.

Cheaper than Tradestation?

Avoid etoro as is not a stock broker. You don't buy stocks. You buy CFDs and to buy CFDs, you use leverage.

Fees nothing can beat interactive broker that's provided you have USD 100k. If you don't, then use any of the white labels which don't charge you any monthly fees.

User interface depends on individual. If one used to stock broker page, should not have issue to navigate.

So far some of the white labels of IB have replied to me in less than 24h.

https://www.cmcmarkets.com/en-au/platform/c...s-share-trading

Read this
https://money.stackexchange.com/questions/4...ithout-leverage

Read the last 5 pages of this thread and you will know what labels IB are there. Then you simply compare price and see which is cheaper.

Again as mentioned in the Q&A, if you don't intend to use leverage, then don't go for CFDs. You will be charged interest if you are going for CFDs

This post has been edited by Ramjade: Mar 25 2019, 07:25 AM

TIER. According to one blog post. TIER can save more.
https://thepoorswiss.com/comparison-brokers...brokers-tiered/

Is your IB pure IB or white label of IB?

According to Tradestation FAQ, one can use IB with the username and password when sign up via Tradestation. Which means theoretically I can use the TIER pricing also right?

Actually what I meant is sign up via tradestation without a IB account prior to signing up.

Damn I don't have USD100k.

White label means another company using IB platform but under their own brand name. Pay a small sum to IB (recurring income to IB).


USD100k so that won't kena charge USD10/month. No USD100k, kena charge USD10/month. USD10/month - commssion from buyiing/selling = how much need to pay in a month.
The USD100k condition and monthly USD10/month is what keeping me from opening an account with them. That's why looking for white labels which don't need to have USD100k.

This post has been edited by Ramjade: Mar 27 2019, 09:05 PM