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 All about ETFs / Foreign Brokers, Exchange traded funds

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nestahng
post Apr 18 2017, 12:25 AM

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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.
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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. notworthy.gif
nestahng
post Apr 18 2017, 04:40 AM

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AVFAN rjb123 Ramjade

Thanks bro! notworthy.gif
nestahng
post Apr 18 2017, 04:46 AM

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Junior Member
143 posts

Joined: Jan 2003


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.
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Bro Ramjade

Are 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 notworthy.gif
nestahng
post Jun 25 2017, 06:46 AM

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Junior Member
143 posts

Joined: Jan 2003


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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