is it USD10k per trade? or maintain USD10k in total distributed over however many funds i buy?

whats the data fees like?

thanks, at that rate, maybe ameritrade SG still better at USD10.9/trade for those just starting out

Charles schwab and 8 securities.... can explain a bit more about these bro or where to get more info ?? tx
pm also can  tx 

hi,
how do u open account for both broker, courier document or scanned ?
what's the minimum deposit ?
do u use moneymatch to tx money to fund the account ?

Helllo all

Looking to get started in US stock market. Read a lot of previous threads about reliable brokers with lowest cost.
Want to confirm with sifus which is the best one based on personal experience:

1. Interactive Brokers - heard this one is cheapest but not suitable if do not trade often

2. TD Ameritrade - a bit expensive but many people say its good

3. Charles Schwab - quite cheap also but how is the registration process?

4. 8 securities - looks like a startup so not sure whether can trust

Most important is reliability of whether can safely deposit and withdraw without issue.
Hope sifus can give other suggestions too

Thanks 

I am currently pondering the same question. Haha.

I have an additional question:
6. If you open an-US based account (e.g, interactive brokers, USA) are you liable to pay taxes on capital gains or fill up tax forms?

So far from what ive checked.

FSM sg: for sg stocks/reits and not UT.

8 securities: read somewhere about a guy transferring in and out sgd50: apparently the TT charges all are pretty high. What more a bigger amount being transferred, u will be charged even higher - that was the conclusion.

Charles Sc: so far its only 4.95 per trade and no charges on inactivity fees etc.

IB: high starting capital and good for those with a bigger budget to spend. Charges usd10 per month for account inactivity or commission less than usd10 per month.

Do correct me if im incorrect peeps.

Btw guys, new update from me. I got in touch with Charles Schwab from US telling me to go via their Sg branch.

Excerpt:
You would be eligible to open the Schwab One international Brokerage account. The initial deposit requirement is $25,000 USD.

Yes, there you go. $25,000 USD initial deposit.

Guess the way to go so far is 8 securities or Sogotrade.

this is the link to the person's experience on transfer fee charges by 8securities (just last month October 2017)
https://apenquotes.wordpress.com/2017/10/10...e-8-securities/
e

hi all, I m new to US stocks & yet to purchase any. I have an RHBInvest account and been investing in KLSE & SGX.  The charges/fee in trading US stocks via RHBInvest online seems quite high; i heard that there is also a high transaction fee in receiving each dividend payment.  May I know what are the cheaper ways to trade US stocks?    Many thanks in advance.

can we buy etfs from any malaysia brokers?

above brokers u mentioned are about to buy oversea ETF right?

if yes, i recommend eToro as well.
US ETF,, min USD 500, withdraw fee USD25.

comparison wise, no comment, i never use those brokers u recommended above.

its out of topic btw. if wanna future discuss, lets go to ETF tread.

They have x1 leverage , which is normal stock purchase..
CFD they charge overnight fees..

Huh? Can share why?

Based on your previous brokers sharing , can please conclude which broker is the most reliable/ lowest fee/ recommended?

where is the ETF thread? i want buy ETF.

Hi Shifus,

I have been using my cimb to buy US stocks now. The brokerage fee is quite expensive though I'm not a trader type.

May I know how safe is it to use the Zacks trade?

I have tried to open an account with TD ameritrade. Till the end of the account opening, realise have to make payment via wire transfer and in USD dollars. Is it all the foreign broker will request us to make payment with such a method?

Thank you for your advice!

Noted with thanks Ramjade.

May I know for IB, I must maintain the min amount of 10k in the account all the times? Does it include the market value of the shares which I purchase or just cash in the account?

The other thing is if I use online foreign TT for Maybank, the cost of transfer is the same with over the counter using wire transfer?

Thank you

Some discussions about '8 Securities' here. See link added at last line here. The last posting says it's not really 'that foc' for foreigners outside of HK.

For 'OptionsExpress', in Singapore, Charles Schwab Singapore Pte Ltd imposes this : All amounts are in US dollars. Minimum to open an Individual/Joint account: US$25,000.

Brokerage is cheap, only USD4.95 per transaction. But I can't find what the upper limit is for the transactional amount that qualifies for this cheap brokerage. MY feeling is,.....I think the only cost that matters is the TT-ing into and out of funds from out trading account inside Charles Schwab.

Edited to add this link below about '8 Securities'. Forgot to attach this link earlier !

https://apenquotes.wordpress.com/2017/10/10...e-8-securities/

For myself,... I will be TT'ing over USDs. There will be no currency conversion. Hence, what that I need to worry about is only the inward TT charges and outward TT charges charged by 8 Securities.

Would you happen to know offhand how much is each of the above with respect to 8 Securities ?

Great net interactions you have there,... :thumbsup:

Hi guys,

I tried to TT over the counter in Maybank (convert from MYR to USD) to TD ameritrades but I was informed by Maybank personnels that we cannot TT for investment purpose...

have u all faced such problem before? or should I use CIMB, Hong leong or other banks?

Or I shouldn't put investment as the reason? But it's obvious right when it is TD ameritrade ...

Tolong guys...

Thank you.

This is news to me, bro,....  ,... you need to declare that you have no debts in Msia before you can TT a certain sum out,.. that was the rule, I recall,.... BUT not outright telling you that you CAN'T TT OUT for investment purpose...

Let's see others' experience here too,...

wow,sth new...have not heard about this.
thanks will find out!

But actually Maybank personnel said I can try to TT using online maybank2u and the fee is way cheaper..
however I'm not sure, if I put investment could I go through...

cannot be cheaper that instarem as when the money reach US bank will deduct USD 25 as fee

Then what am I suppose to do 

I will check with Instarem whether they have any experiences to TT money to overseas brokerage or not then.