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 All about ETFs / Foreign Brokers, Exchange traded funds

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alexkos
post Apr 26 2019, 12:22 PM

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QUOTE(tadashi987 @ Apr 26 2019, 12:21 PM)
ok i am meeting them soon  icon_rolleyes.gif
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Sui. They will give u t shirt goodies also.
alexkos
post Apr 26 2019, 05:29 PM

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QUOTE(markedestiny @ Apr 26 2019, 04:09 PM)
I didn't receive any freebies when they verified me  hmm.gif

Anyway I  have received a 'goldcoin' souvenir for my past few transactions with them.
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yer...why i dun have cry.gif
alexkos
post May 18 2019, 06:20 PM

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QUOTE(linachan @ May 10 2019, 05:23 PM)
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
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hehe...belum buy loss 3% first.....

This post has been edited by alexkos: May 18 2019, 06:23 PM
alexkos
post May 18 2019, 06:22 PM

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QUOTE(Ramjade @ May 14 2019, 02:16 PM)
Damn bloody expensive. I can do the same by just incurring 0.07% charges.
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Ramjade bro, itu US got another fund at 0.04% annual fee, i rage coz malaysia can't buy ranting.gif
alexkos
post May 18 2019, 06:24 PM

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QUOTE(Hansel @ May 13 2019, 01:31 PM)
Hmm,... looks like not too many positive things abt using KWSP to invest into ETFs here. Tq for the feedback, bros,...
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hehe.... only one factor. Cost.

Lebih baik parking EPF until they substantially lower or abolish those sales charges
alexkos
post May 18 2019, 06:25 PM

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QUOTE(roarus @ May 10 2019, 11:54 PM)
High expense ratio ~0.5%
Gets whacked by Uncle Sam's 30% withholding tax on dividends
Tiny @ 14mil
https://www.myetf.com.my/en/MyETF-Series/My...w?cat=Factsheet

Today's stats -
High: 1.095
Low: 1.070
Volume: 5,700 (A grand total of.... 2 trades consisting of 7x100 and 50x100)
Price Bid/Ask: 1.070 / 1.095
https://www.klsescreener.com/v2/stocks/view/0827EA

No published rates, just this blanket statement: Custodian charges, Service Fees, Annual Wrap fee and other charges are applicable.
http://www.phillipcapital.com.my/products-...p-account-pgwa/
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i got trading account. itu dow 50 can see the live price at bursa. The thing is, crazy bid/ask spread. Hehe....

alexkos
post May 18 2019, 06:26 PM

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QUOTE(tadashi987 @ May 10 2019, 10:05 AM)
Can we straight instarem to fund TradeStation?

as per below, not sure if I am doing it correctly.

[attachmentid=10243097]
[attachmentid=10243098]

then third step: instarem to the shown account of CITYBANK
as previously enquired the TradeStation CS mentioned that we can only use our own bank with our name to do funding.  sad.gif
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bro, can u show me your path?

local bank -> instrarem -> Tradestation -> hoot which one?
alexkos
post May 18 2019, 06:33 PM

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QUOTE(wt_vinci @ Apr 30 2019, 12:11 PM)
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. doh.gif
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hehe, next purchase, go hantam 'accumulating' one, unless you like the dividend distributed to captrader account sitting and not reinvested =/
alexkos
post May 18 2019, 06:35 PM

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QUOTE(Ramjade @ Apr 30 2019, 10:57 PM)
Tradestation offer cheaper price than captrader and tradestation have access to SG market while captrader don't have.
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tradestation cheap meh? cheaper than 4 EUR per 1000 EUR transaction?
alexkos
post May 18 2019, 06:39 PM

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QUOTE(markedestiny @ Apr 15 2019, 11:36 PM)
Thank you for your guidance.  I have managed to transfer to Captrader via FAST just now. It's free indeed  thumbsup.gif
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free? alex triggered! haha.....how ah? can share the path?
alexkos
post May 18 2019, 07:09 PM

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QUOTE(Ramjade @ May 18 2019, 06:56 PM)
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?

This post has been edited by alexkos: May 18 2019, 07:56 PM
alexkos
post May 18 2019, 07:53 PM

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QUOTE(tadashi987 @ May 10 2019, 10:05 AM)
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bro, can you tell how much is SG bank forex charge to GBP/EUR for your case?

calculate and see....

your MYR -> SG how to fund leh? fren tolong?

i want compare the whole process


MYR -> EUR

vs

MYR -> SGD Maybank -> EUR

This post has been edited by alexkos: May 18 2019, 07:58 PM
alexkos
post May 18 2019, 10:19 PM

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QUOTE(roarus @ May 18 2019, 09:57 PM)
You can still do your regular MYR -> EUR via Instarem / buy SXR8.

Since TradeStation and CapTrader are both Interactive Brokers whitelabels/introducing broker, I'm expecting the bank given to transfer EUR to be the same, just different account number - Interactive Brokers (U.K.) Limited / CITIGROUP GLOBAL MARKETS DEUTSCHLAND. That's what I see from punching in a deposit notification for EUR currency under TradeStation.
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QUOTE(ramjade)

sui ah. Ok i do MYR -> Instarem -> TradeStation

will report outcome.
alexkos
post May 19 2019, 12:20 PM

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QUOTE(roarus @ May 19 2019, 11:46 AM)
alexkos got MYR Instarem -> EUR Captrader to work, perhaps the key is how you enter the fields in the deposit notification? Was your funding account bank Citibank Germany?
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hehe alex success.

Open captrader, set currency EUR
wire citibank germany
alexkos
post May 24 2019, 07:25 PM

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eh, now IB maciam open account no min requirement d?
alexkos
post May 24 2019, 08:19 PM

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QUOTE(Ramjade @ May 24 2019, 08:03 PM)
I think this is old news. Which mean no need to cough up USD10k upfront. Just that the USD100k still maintain.
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100k Itu what restriction? Ic...
alexkos
post May 24 2019, 09:13 PM

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QUOTE(toiletking2006 @ May 24 2019, 09:01 PM)
Open an IB account, buy ur fav etf for the first 3 months with lower charged. First 3months IB wont charge u platform fees.
Then transfer all your holding into tradestation global.
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I tak paham... Now I stuck at funding IB account stage... If I fund liao, then transfer to Tradestation.... My IB how? Will kena charge every month? I gg oh...


alexkos
post May 25 2019, 10:02 PM

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QUOTE(Ramjade @ May 24 2019, 10:01 PM)
Please la. Just use one. You already got Captrader. Why so greedy want to open so many IB account for what?
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i tot cheap ma no meh? cheapter than captrader oh...

so how ah? actually tradestation got caveat one right? must use IB (and pay monthly fee), then can only use tradestation.

Then like that, tradestation still cheap meh?
alexkos
post May 25 2019, 10:29 PM

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QUOTE(Ramjade @ May 25 2019, 10:08 PM)
Again pick one lo. When you sign up with so many, you don't know where to put your money. When you sign up with Tradestation you get access to IB. Of course this IB you get is not pure IB. Is the Trade version of IB. How I know? There's no tiered commission to select.  sad.gif
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ic...so mafan i want use tradestation they send me back to IB account...now need fund IB first...
alexkos
post May 25 2019, 10:56 PM

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QUOTE(Ramjade @ May 25 2019, 10:35 PM)
I pick tradestation for 3 reason
1) I want UK company vs German company
2) I need access to SG market
3) Cheaper
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so u first fund IB account first right? then transfer to tradestation? coz i cant straight open tradestation

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