My FD of about 10k HKD will due in about one month for now. So, can they wait for 1 month?

And what do you mean by withdraw after that? That means just deposit 1k USD and withdraw immediately? Then what's the point of deposit? Sounds funny.

Oh, need to apply to open it. I thought it comes together with the IBKR account once opened. Sorry, my bad.

One question. How does IBKR know we trade with tradestation instead of IBKR itself. I am afraid of being charged 10 USD every month even though I haven't deposited any money yet. Is there a way to check that?

Thanks guys.

Just one thing. Is it ok if I deposit less than 1000 USD for the first time in my IBKR/Tradestation account.

I need to deposit fund in order to get thing start but as mentioned earlier, FD due next month. Can I place smaller amount first?

Thanks for the info.

Apparently, they disconnect me from the trading system.

Ok, manage to get the TWS platform installed and entered the Demo account. The interface is too overwhelming to me.

I just want to look at 2 things: https://americas.vanguard.com/institutional...QUITY##overview

and https://www.blackrock.com/americas-offshore...ts-etf-acc-fund

Will the web version be simpler? I am not a day trader.

Does IB Germany bank deduct any fee for the receiving wires?
I am planning to arrange the fund via Instarem

Thanks.

Hi all,

I'm a newbie into foreign investments and would like some advice and to confirm my understanding. 
I'm currently looking into TradeStation and Charles Schwab.



From my understanding:

1. With a Charles Schwab account, I can trade US stock with no commission fee?
If I buy 1 share of a USD 8.00 stock, I spend exactly USD 8.00?

2. With a TradeStation account, what does "minimum per order of USD 1.50" mean?
Is it:
A) If I buy 1-214 shares, I pay a flat USD 1.50 for commission fee.
or
B) I MUST purchase at least 215 shares and be charged USD 1.50 for commission fee.

3. With a Charles Schwab account, I can only trade US stock. With a TradeStation account, I can trade stock in US, EU, UK, AU, HK, JP, SG etc.

4. Both Charles Schwab and TradeStation have 0 platform fees.

Please correct me if I'm wrong 

dwRK, roarus, rjb123 any idea if we used US brokerage like IB but we did not buy/hold US stocks, are we subjected to >60k US estate tax?

Thanks.
I think UK got estate tax.
Thanks. Looks like have to limit US stocks to US60k.

Whoops typo. If convert SGD to USD on the platform need to pay transaction fee again?

dwRK, roarus, rjb123 hyperzz
I just found out I need to subscribe for rights need to qualify. Any idea how to go about it?

dwRK, roarus, rjb123 hyperzz
I just found out I need to subscribe for rights need to qualify. Any idea how to go about it?

Hmm,... looks like this platform has challenges too, despite the fact that it provides a cheaper avenue to reach the worldwide mkts.

But perhaps we misunderstood the level of complexity,... it may be just a small hurdle. Why don't we ask IB directly just what are the required qualifications here. ...

why would you wanna declare that? They gonna audit you every year after that

After the declaration, will they ask me come for interview?
May I know what is the worse scenario?

Hi. Can anyone please advise on which stock exchange I should buy ETF? I am planning to invest in Vanguard FTSE All-World. It's listed on LSE and XETRA.

VWRA on LSE (USD), average daily volume 18,770, bid-ask spread 19.7 bps
VWCE on XETRA (Euro), average daily volume 21,200 bid-ask spread 10.4 bps

Both have almost similar average daily volumes, but the bid-ask spread of VWCE is much narrower compared to VWRA. My broker is TS Global. What are your thoughts? Is VWCE a better choice?

Noted that ETF investing only works if it's going up. But if US became like Japan where the index are flat for 10 years+, you going to have big trouble.

Oh thanks for the info. Didn't know that IBKR doesn't accept USD deposits from 3rd parties. Looks like it's down to either EUR or GBP.
Thank you Yggdrasil for the very detailed explanation. Your post basically illustrates the effects of currency movements on investment value. It's like macroeconomics 101. Your illustration assumes that USD/MYR exchange rate remains constant, but in the real world scenario, exchange rates constantly fluctuate. I actually plan to DCA into this ETF every 6 months, so hopefully I will average-out the exchange rate fluctuations.

But as you have mentioned in your second post, no one can predict the future, and that we should not obsess with liquidity or currency issues. I am not here to debate/speculate on currency movements. I am here for low-cost diversified investing. I agree that choosing the right (low-cost) index is more important. A lousy index gives lousy returns, and a hyped-up index may just be another bubble waiting to burst.

Just started to search for good international broker to buy global/US ETF funds at cheaper rates (than Roboadvisors etc.)
So far shortlisted between this two anyone have experience with both of them?

Broker	Tradestation	TD Ameritrade
Commission	$0	$0
Transfer	3rd Party Transfer accepted (Transfer Wise etc.) [should be ok from here]	Only Account Holder's transfer (sos)

polarzbearz. elea88, alexkos, dwRK, roarus
now you can use transferwise to transfer USD
https://investmentmoats.com/money/send-mone...active-brokers/

I just experiment and see if it will go through.

Aah...its a shame, I can't buy LSE shares from via Etrade. I'm supposed to have a TD Ameritrade account in process, but its not yet open, who knows Jeff Bezo's already pass away by the time its open.