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All about ETFs / Foreign Brokers, Exchange traded funds
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nestahng
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Apr 18 2017, 12:25 AM
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Getting Started

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QUOTE(AVFAN @ Nov 14 2016, 07:05 PM) min 10k at all times. if below, u will be asked to top up, failing which account will be closed. Hi bro, Appreciate if you could help me with my doubt here. For IB, if I hold says 20K USD worth of ETF & equities, but has only 5K fund left in account to purchase other ETF/equities, would IB ask to close my account? Also another scenario where I hold 120K USD worth of ETF & equities, but has only 5K fund left in account to purchase other ETF/equities, would IB still charging me inactivity fees every month(assuming my monthly doesn't hit up to 10 USD). Thanks.
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nestahng
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Apr 18 2017, 04:46 AM
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Getting Started

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QUOTE(Ramjade @ Mar 4 2017, 06:53 PM) rjb123, I just realised SCB SG is cheap to buy and hold ETF. Only USD10/0.20% trade. No monthly free/custodian fee. Much better than IB. Bro RamjadeAre we able to buy US listed ETF(for example NYSEARCA: SPY) & equities(for example NASDAQ: FB) via SCB SG? How about LSE listed ETF & equities? Appreciate your help
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nestahng
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Jun 25 2017, 06:46 AM
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Getting Started

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Hi all,
I'm trying to open Interactive Broker account. During the process, I was asked to fill in the following:
1. My Tax Residency 2. Employer Info
My questions:
I actually working in Europe and I pay tax in Europe. The obvious reason of I try to open up Interactive Broker account and plan to fund the account using SGD account in Singapore is to avoid the capital gain tax in Europe(the place I work). Can I fill in my Tax Residency country as Malaysia and use my Malaysia Tax Identification Number? On the other hand, can I provide my employer details with the contact info from my company Malaysia branch?
And what should I pay attention to to avoid trouble with W-8BEN?
Thanks.
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