I have a question regarding TradeStation global software. I received an email from them to request the installation of TWS and TradeStation platform. Is this the compulsory software that I need to install? can I skip the installation and  trade in IB instead?

Greetings guys,

I'm interested in starting long term investment in blue chip dividends.

It is also my first time into this kind of stuff.

I've googled and youtubed myriad of ways to get a start with low capital. (Foot in the door)

I looked up RobinHood, M1 Finance, Ameritrade, Interactive Brokers.

I think RobinHood and M1 Finance was easy to understand, but unfortunately its for US people only 

Ameritrade I'm looking into but the broker fees are stopping me as I don't have a good capital yet.

Interactive Brokers I'm confused, if they still require the 10kUSD starting fee.(Contradicting info)
I'm looking into Utrade now (UOB Kay Hian) and plan to visit their HQ in KL to setup a CDS account and get some understanding.
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Basically what my plan is to Buy and hold stocks for dividends over time in Dividend Aristocrats. Possibly for 25 years.

I would prefer US markets.

I need advice/ideas on how should I go about this. It would be nice to be able to trade on mobile phone but most of the apps are US only.
Hope to hear from you all,

Thank you 

I don't understand the meaning of 1st photo even I check the FAQ. 

Regarding the market data on 2nd photo, I think it is related to the subscription of real-time market data and it cost USD 4.50/Mth. 
Am my understanding is correct?

the same message pop up even I adjust the trading setting from 3% to 10% 

I am a small potato only.  Not dare to shoot them.

But to be honest, TradeStation platform will be more user-friendly compared to IB. But too high cost for wire transfer in and out.

Tradestation has its own platform for US stock. There is USD 35 for withdrawing and zero for wire in.
They accept TT transfer in USD only, don't accept any wire in with other currency.
In other words, you have to bear a very high cost for fund transfer in and out.

Yes I brought with IBKR. You only deal with TSG for opening  account. Subsequent action of login, buying, selling all on IBKR platform.
Can't remember my commision.

Any info that i can find out further on the hedge?

Lets say i bought IWDA at 60 USD , USD/MYR currency is at 1:5

one day later, IWDA at 60 USD (price remained) , while USD/MYR currency is at 1:2 , and we need to close the deal to get MYR.
(Just an example)
So we will be making losses because of USD drop?
you bought JMH? with TSG?
What's the comm. fee?



this is the comm. fee that i see from the demo account.
I should be using from IBKR platform.

SGX stock is only at 2.53 SGD only? (compare to the website is 3.75 SGD)
However, other GBP, USD is a lot more expensive from the comm. fee from the website.

I have a question regarding the TRADE ALLOCATION MINIMUM COMMISSIONS.  Minimum (trade value * 0.0005, USD 0.35) is for small player? 

may I know the minimum commission you trade for US stock?
my commission rate has been changed from USD 0.35 to USD 1.00 since this week.

E.g.
On 5/Sep I bought DIA ETF 1 share and the commission is USD 0.35.
On 9/Sep, I bought another 1 unit DIA ETF but the commission has been changed to USD 1.00.

Guys how to know a dividend tax have been with hold?

I don't think interactive broker give you a monthly e-statement in PDF?

I am hoping for a similar service for UCITS on european exchanges.

Hi,

I am expecting a global economy downturn soon, so plan to enter the US market through UCITS in Switzerland or the UK. How do you guys choose between Captrader and Trandestation Global?

I find Tradestation global has cheaper commissions than captrader, but not sure about the service quality between the 2.

I am currently in HK and holds a HK Identity Card, but I am a Malaysian. I will return to Malaysia every year in December. Do you guys recommend me to open Captrader/Tradestation global account here at HK or in Malaysia?

Thanks for the advice.

Ok, so I checked Tradestation global and it says I need to fulfill these conditions:


The 2nd one does not apply to me though. So, how to open an account with them then?

And for my case, can I just assume that I am a Malaysian opening an account although I have a HKID and will stay in HK for quite some time (won't stay for long at most 4-5 years).

But I have enough HKD to convert into USD and it can be done easily here in HK.

Maybe I shall open an account in Malaysia.

Can someone share the process of opening an account at Tradestation Global in Malaysia and their experience? Thanks and much appreciated.

Regarding the bold part, that means I can fund my account in HKD? And Tradestation global will convert it to USD for me internally? What will be the rate then? Spot rate? Is the rate favourable? Or I need to convert HKD to USD on my own and deposit them?
I guess I will upload my Malaysia IC to avoid other unnecessary issues.

Yes, but wouldn't that mean I open an account with IBKR instead of Tradestation global?

Or you are trying to say that I can open an account with tradestation global but deposit my money through IBKR and it will be moved to my tradestation global account?

IBKR Lite for the investor in the US and India only.