How to open TW account frm malaysia?

Open online only. Bagi IC, wait few days for them to approve your documents.

TW cannot transfer RM to USD IB account

Don't tell me you didn't know TW got no license to transfer money from malaysia.
They can only transfer money to Malaysia.
Use instarem, merchant trade, max money to transfer money to TW > IB. Don't transfer straight as if you transfer straight, money not under your name.

how to use Instarem to transfer to TW?

What info I need to filled in Instarem?

It should be same like how you transfer money. Put in all the required details Swift code, account no, name, address, bank name.

Do u mean we can store money at Transferwise?

Yes. Please read up
Transferwise Borderless Account
You get your own account for the following 4 countries.


You will be charged for withdrawing money. But the sum is very much acceptable.
https://transferwise.com/help/article/27361...account-pricing

Hi guys, was wondering anyone knows about transferring us stock into a local bank account , I already have a foreign stock account here

Don't. Want to know why? Local brokerage charge higher commission + dividend fees + maintenance fee.

Thanks for the feedback, however the only trading account I have for foreign stock is HLE.

Asking as I been offered a chance for private equity, if any chance it IPO, want to transfer back here to sell .

Any thoughts ?

Open interactive broker/8 securities or charles schwab. Better options.

Let's say I don't mind about the costs, is it possible to transfer it back here ?

As long as listed on stock exchange and you are willing to pay the transfer in fees, local brokerage will be more than happy to accept you. Of course I don't know if they accept private equities.

Ah thanks for you answer ! Yea, only transfer after the said company ipo.. if ever .

Oh, another question, are all local banks foreign share trading nominee accounts ? Unlike our local cds we an option for direct

https://robinhood.com is also a commission free broker in US, anyone manage to open account with them and any feedback of their platform?

If you ever wonder how free brokerages (i.e. 8 Securities, Robinhood, etc) earn their profit, you should read the book Flash Boys: A Wall Street Revolt. Another famous book by the same author is The Big Short.

While I am not totally against free brokerage, you should know what happens behind the scene. Basically, a free lunch is not really free.

This post has been edited by hyperzz: Sep 11 2018, 05:44 AM

Only US citizen can open.

Bought in high, luckily I only bought a few, hopefully it'll smooth up in the next few weeks.

oh too bad, because their options trade also no commission.