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!

Thanks AVFAN for your advice. Haha I actually read from the beginning till the end of the post earlier.

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

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.

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...

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.

Bro Wong, last time u used CIMBclicks and maybank2U, which reason you put for your transaction ya?
Guess that's the only way for me then...

Haha ok let me try!

Thanks Ramjade!
By the way, i have successfully transferred the money via maybank2u to TD ameritrade.

Fyi, TD ameritrade will waive the charges incurred if you are a newbie. First time transferring money to them.
And they're running a promo now. Min is 10k USD and you will be entitled with 60 free trades i think but you have to use it within 60 days haha something like that.
And you have to transfer the money within 60 days after you opened your account with them.
Another clause is you have to ensure your money is always 10k USD also, or else there will be some charges incurred...if u use that amount to buy ur stocks is ok..

Haha yes..shopping time!

Hi MNet, not yet seen the charges reflected in my acc.
will update u all once I see it