Through you you mean?

Kindly read through this thread. The answer to your question is found in this thread. Not through me.

sian.....after cny everyone need to eat....

breaking news....instarem raises fee to 0.45%!!

Hey dude,

Can you provide summary of what you use in the end? I also interested in investing in Vanguard's SP500 ETF. Since we plan to do to same thing, what I understand is that:

Instarem > captrade > Vanguard S&P 500 (Hong Kong)?

Appreciate if you can provide a summary of your research on the account opening.

Thanks

You have to go via UK buy Irish demonised ETF. Not HK. Buying HL is as good as buying from US. Kena tax 30% tax. Going via UK only tax 15%.

Of course if you are trading then different.

nonono, HK ur dividend gg....

instarem -> captrader -> SXR8 (SP500 EUR accumulating, amsterdam)

Captrader accepts money from instarem?

I am curious on this too. I am currently using FSM SG for HK listed ETFs..

If can direct transfer from instarem maybe will consider using Captrader

wt_vinci has experience with Instarem -> Captrader.

Another way is to open a SG bank account (Maybank/CIMB is the easiest way):

Instarem (SGD)-> SG bank -> Captrader (free transfer via FAST).

However, Captrader only supports SWIFT for SGD withdrawal which will incur S$10 charges by the bank (Inward TT charges).
The SWIFT transfer is free once a month.

This post has been edited by hyperzz: Feb 19 2019, 07:50 PM

yes boss, i just wired and succeed.

Wait, we can pay Captrader using SG bank account? How? They have office/bank account in SG? Or pay via IB SG bank account?

Nice. How about withdrawal part?

Captrader is just a white label, it has no accounts of its own.
All deposits are handled through IB's accounts with Citibank in various jurisdictions, i.e. US, UK, EU, HK, SG, etc.

Nice.

Any idea how does IB and Captrader deals with next of kin? Will a will be enough?

I am not a CS from Captrader. Please email them and share the reply here.

Withdrawal belum test... Duwan pay double forex fee

Oh thats interesting. I already have a CIMB SG account

Sorry people... the more I read, the more confusing I got.
These questions pop out in my mind:
1.Why many of you buy oversea ETF? Don't buy Malaysia ETF?
2. I thought buying ETF would be easy. EG, opening an investing account in one of the banks in Malaysia. then do a RSP. (At least this is what I did in Singapore, I buy Singapore ETF and would recommend my family to buy ETF, too. But then after reading this thread, it seems different )

1. Malaysia got no good ETF and Malaysia market not ready for ETF yet.
2. Yes can be done from Malaysia but when you are doing from malaysia, you get charged left right center (dividend fees, platform fees, higher exchange rate). So why pay the extra when you don't need too? The same goes if you go via Sam broker.
SG etf is not a good buy. 50% is taken up by the banks and singtel.
Compare that to s&p500. Is basically 500 companies.

ETF is only good for western country with large market. Both Malaysia and Sg market too small.

I see.. it makes more sense now. Thanks!