I guess your account does not have permission to trade in HK.

See the Account Settings in Client Portal/Account management:
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Sui. They will give u t shirt goodies also.

yer...why i dun have

Did you finally go ahead with TradeStation?

Okay guys, here is the result of my experiment of bringing back monies from CapTrader (EUR) to Maybank account (MYR).

Used CapTrader to transfer my EUR cash (leftover after buying VWRL in AEB) to TransferWise's EUR account. Transaction fee is zero.

Transferred EUR to my MBB account from TW, total transaction fee about 0.973% which includes TW's fee of EUR 8.21 (0.821% out of EUR 1000) and forex loss of 0.152% (TW's 4.60484 vs 4.61183 EUR-MYR rate).

Received my money in my MBB account within 3 days from CapTrader. I compared with converting other currencies (SGD and USD) in TW to MYR and they differ quite a lot, with EUR-MYR being the cheapest.
What do you think of the cost to bring back the monies from IB/CapTrader? Is 1% too much? Do you have cheaper ways?
PS: I found that my Ireland-domiciled ETF, VWRL bought in AEB (EUR currency) gives me the dividend in USD. Since my shares are still little thus my dividend is very little, converting USD to EUR to buy back the ETF is too expensive (EUR 4 in IB). Jokes on me.

Bro, saw you also discuss in DIY SP500 and talk about CapTrader. Did i miss something about CapTrader Vs Trade Station?

I would dump the min amount.
Just make sure that the account number is entered correctly and your personal reference (Message to recipient) is included in the FAST transfer.

any Sifu here know does Maybank iSavvy SG account (which said can be open in Malaysia) has FAST transfer function?

Mind sharing which bank and what is the reason for opening an account when they ask? What is the minimum deposit amount for a no-annual-fee bank account in the US? Thanks

Hi guys, wanna ask what is the forex rate/charge

for converting SGD -> USD/EUR
in TradeStation/Captrader by buying the currency pair?

or it is live rate but only charging based on transaction fee? what is the transaction fee for each buying order?

What if I proceed to buy shares in other currencies with SGD without converting?  Would Captrader convert my SGD at the current forex rate?

My base currency is set to USD although my fund is in SGD.  As such Captrader indicates my current cash holding (SGD)  in USD equivalent.

It should go through actually - with IB at least as long as your margin can cover it ... you can have any amount of negative currency balance.

Hi all,

just for information, if anyone interested to invest in ETF there's another way you can invest, either using your pension fund(KWXP) or cash (minimum is 50K)

As for example, if invest in Phillip Global Wrap Account (we are using PhillipCapital platform) you can invest in fund like MyETF Dow Jones U.S. Titans 50 (MyETF-US50) which the top 10 holdings is Microsoft, Amazon, facebook and more...

to know more you can PM me

service fee :

3% on each capital injection.

annual management fees (including taxation) : 1.5% per annum on the market value of the fund accepted monthly at the end calendar month and payable monthly in arrears

custodian charges : Transaction fees (sales and Purchases of listed securities ) 0.12% on each transaction amount
                              Custodian fees : 0.03% p.a* on market value of the Assets as at each calendar month, payable to the custodian on monthly basis.

no dividend charges

tradestation cheap meh? cheaper than 4 EUR per 1000 EUR transaction?

free? alex triggered! haha.....how ah? can share the path?

win liao, alex will edit sp500 page.

Will open tradestation account soon

#on second thought, this step actually needs fren tolong only can be cheapest. Also, coz add one more step, convenience is an issue. MYR need SGD then only EUR/GBP hoot.

I also hope can halak my sg fren....but long term wise, need to always wait his availability...unless the rate really justifies.

Currently instarem MYR straight EUR 0.45%

then MYR -> SGD -> EUR if whole process is 0.2% and cheaper, I'll only do this. If not, time and effort alone is worth more I guess?

Thanks, comparatively  Tradestation is cheaper. But there is inactivity fee if not active ?

Are you sure on this ?  Maybe you want to check with their customer service to confirm..

According to this link below,  Tradestation  charges non trading fees like inactivity and withdrawal fees.

https://brokerchooser.com/broker-reviews/tr...n-global-review

That's great! Seems like they have drastically  revamped their fees structure recently...

Are you sure on this ?  Maybe you want to check with their customer service to confirm..

According to this link below,  Tradestation  charges non trading fees like inactivity and withdrawal fees.

https://brokerchooser.com/broker-reviews/tr...n-global-review

Is there a minimum level of trading activity required?
No, however we reserve the right to review inactive accounts on a regular basis, contact clients and take any appropriate action.

eh, now IB maciam open account no min requirement d?