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 All about ETFs / Foreign Brokers, Exchange traded funds

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ozak
post Jul 4 2020, 01:08 PM

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QUOTE(Onelegkick80 @ Jul 3 2020, 11:59 PM)
Hello, may I know if anyone here signed up for a Charles Schwab account? Are all US ETFs indeed commission free or only applicable for Schwab issued ETFs? Thanks.
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I m using CS.

Buy is a free commission. Sell is charge at 0.06.
ozak
post Jul 10 2020, 10:40 PM

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QUOTE(Onelegkick80 @ Jul 10 2020, 09:29 PM)
Hi Ozak, the 0.6% is charged by the bourse? That means if we use local broker, we have to pay local brokerage when sell plus the 0.6%? Thanks.
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What is bourse?

Local broker? CS is US brokerage.

0.06 cent per trade sell . Not 0.6%.
ozak
post Jul 30 2020, 08:39 AM

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QUOTE(Onelegkick80 @ Jul 16 2020, 11:26 PM)
Thanks for your reply Ozak.
I mean the US bursa. Oh when I called CS, they told me there is a 0.6% charge on sell which is charged by the exchange. 0.06 cents per sell is charged by the exchange? then I guess CS would be a much better choice than maybank. In comparison, maybank will charge 0.4% per transaction but for CS only sell there’a a charge of 0.06 cents. Is this a correct conclusion?
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0.6% is too high.

This is the fee & commission CS charge me for each sell.

user posted image
ozak
post Dec 18 2020, 10:57 PM

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QUOTE(Ramjade @ Dec 18 2020, 09:38 PM)
Go test water with USD100.00
Forget about using TD Ameritrade. Need to wait super long time.
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TD in the middle of integrating with CS.

Probably the reason slow down opening acc.
ozak
post Dec 19 2020, 10:23 AM

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QUOTE(mitch81 @ Dec 19 2020, 07:06 AM)
i currently have an US account in Schwab. Do i need to convert it to international or can use as is? i heard if they find out then gonna close the account for violation of policy since once the account holder moved out of USA then has to convert to international. Although not always happens
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How to know you're holding US or international account for CS?
ozak
post Jan 10 2022, 12:13 PM

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QUOTE(sgh @ Jan 10 2022, 11:12 AM)
Sorry for interrupting so from Msian perspective investing with IBKR entail some sort of risk which I think other Msian posters have posted before correct? With recent samtradefx hoo-ha (not the first but neither the last) in Spore it make investors more cautious what they go into. Understand IBKR is big almost unable to fail but we all know history like Lehman Brothers, Arthur Andersen (used to be one of the big five accounting firm)  go missing etc

I hope Msian investors don't put all their eggs into one basket.
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If want safe, look for a proper big broker with a long history. Like CS or TD Ameritrade

 

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