Bro, your first round scheduled to be this or next year?

Btw, other may be better to advise on the Zackstrade, I'm newbie.

Zackstrade is OK if you are only interested in the US market. It is a white label of IB. If you want to trade in other markets like Europe, HK and Japan, I would recommend Captrader (also a white label of IB) which has lower commissions for non-US markets.

I confirm instarem > transferwise is successful. Is whether from transferwise into the broker account is successful or not, don't know.

For my learning, why convert RM to US and then to Euro? Why not RM to Euro straight?

They don't accept RM? Has to be in US?

Surprised to learn some months ago that when you use credit card overseas, say you buy A in France, the card will charge the Euro X in US Y and later convert that US Y to RM Z.

Crazy system. One way to globally increase the demand for US $! Should do without that artificial demand for US$.

Thanks.

TW also gives EUR borderless account that you can deposit. In this way, you don't have to convert twice.
You can fund your IB account in EUR from your TW borderless account. Just remember to leave the account number blank when you fill up the IB deposit form.

Thats a good question! Because i just signed up for FSMone. HKEX seems to be the cheapest !

Which broker would you recommend?

https://secure.fundsupermart.com/fsm/new-to...icing-structure

0.08% min 25 HKD + Stamp duty etc

Forex i transfer through instarem from here to bank account in sg.

Have you considered this path?

MYR -> EUR via Instarem -> TW

TW -> EUR to IB  [no conversion, just a small fee (<  €1) for withdrawal ]

Actually they do support EUR. Just type into the box EUR

Saw this ETF heat map today.

Basically in the about to be more RED phase, in my biased view. Ha.

[attachmentid=10120680]

Ya, i think that so....to accumulate via iTrade first.....then, only open IB or other overseas Platform...I will buy and hold only as i am not good in analysis...and so...i plan to do fund accumulation......recently buying REITS in Malaysia....

TW sent ACH wire from Wells Fargo bank, according to their CS.
Tried a few times to deposit USD into IB's account with Citibank but unfortunately all transfers bounced back. Seems like this way is not workable.

ya, i knew it about the higher charges and higher with-holding tax on dividend if trade via iTrade

however, based on my income, i am only be able to top up the fund maybe once or max twice per year.....in order for me to be safe from the inactive charges which will be charged on monthly basis....i need to have at least USD100,000 in the IB account.....that's still a big distance for me......one off charge of USD25 will be more practical and worthy for my current condition.....

for currency gain or loss, regardless which methods I use (either via iTrade or IB (or other equivalent)), i can't escape from it.....

not sure if i overlooked in any other aspect.....very new in investment....hope sifu can correct me if i am wrong...

thanks

yeah considered but.. i'm linking stock options to US-listed ETFs & stocks to juice the returns when held (selling CALLs at worthwhile returns VS (dividends pa -30%, inclusive round-trip cost)
OR
getting some returns when hunting for purchase price i want (selling PUTs at prices i want to buy)

have yet to dig deeper on how to do equivalent with Irish ETFs +have to open new platform (TDA SG dont play that) 
yup, minimum cost per trade = USD25 but as U do larger sized orders, it goes down to about 0.42% - around USD5955K value order the last i used them, eg. USD$59.55 stock *100units

as for Forex, if U guys can look up the historical rate online, U can VS. the data i have:
27/08/2015 4.257500
thus, my CVX USD4864.41 was settled with MYR20,710.24

hope the above helps

Thanks but I don't really need this, already have bank accounts oversea. Just sharing experience, hopefully it will be beneficial.

Does Instarem send SGD in the name of its customers? If not, the transfer will bounce back. I can see that ACH wires sent by TW are in the name of its customers but still not acceptable to IB.

How much they charge for bounced back?