I tried opening a TD Ameritrade SG account but have problems filing up the online W8-Ben form because of an error.

Does anyone know a suitable alternative?

Anyone can recommend an online US stock exchange tht is [i]cheap for [/i]newbee and not big capital player?
May not bw frequently Trade.

Thanks

I just submitted the application of Tradestation global, may i know the first funding must fund USD via bank? can we use Instarem or SG bank account to transfer with SGD currency?

my god, i selected USD as base currecy.
it means i have to use USD for future fund?

thanks. I am still waiting for the approval of my application.
Will check

noted, thanks

Only because of cheap fees, but...

Need to pay extra for live feed. Got min activity fee $10 per month unless you got >$100k or monthly commissions >$10

TWS harder to set up, and in my case glitch on me now and then.

Imho just ok, not great. But certainly top 3 broker choice.

Minor OT... do they charge a fee for conversion, assuming it like a fx trade? Say you fund in usd n buy stocks in eur in Amsterdam. Thanks

Thanks. Just want to confirm with you guys. Apart from the trade commissions, are there other charges like stamp duty/clearing fees etc. if I buy USD-denominated UCITS on LSE/SIX?

Also, for the USD UCITS I purchase through Captrader/Tradestation global, will they will held under a central depository system (which is under my name) or will it be held in the form of a custody account (which means Captrader/Tradestation hold the shares on behalf of me).

And if it happens to be a custody account, what happens if Captrader/Tradestation global go bankrupt? Will all my money be gone?

(I risk-spreading strategy I can think of is to open both Captrader and Tradestation account to spread my risk in case one broker go bust. Also, I will invest some of my money directly in US ETF through TD Ameritrade to further spread my liquidity risk. So, basically, don't put all your eggs in one basket.)

Any other risk-spreading strategy to share?

I am new to foreign brokerage, sorry for the nuisance. Thanks again for the help.

FWIW - FDIC is for protection of deposited funds / cash balances, securities fall under SIPC protection.

Please check below website: -

https://brokerchooser.com/broker-reviews/tr...-and-withdrawal

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.
-------------

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 

first time trade with IB, may I know the meaning?

dont quite understand about the hedge part.
But in short, is it as simple as "there is no concern"?

would like to know, those who use TradeStation broker,
what's the fee / commission for each trade?
it is as per their website?

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

i tried from the demo account.. seems like the min. charge / fee mostly are higher..

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.

Hi for those using IB white labels or / trade stations, as fellow Malaysians, need to open SG accounts? Since the platform doesn’t deal in MYR?

Probably some tax or dividend statement / report?

There’s no minimum AFAIK

ramjade

how do you deposit money from Malaysia to IB?

is there any fees for the money transfer?