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All about ETFs / Foreign Brokers, Exchange traded funds
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xilepeco
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Jun 18 2016, 07:19 PM
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New Member
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Got the same email from TD Ameritrade. Went to TD Ameritrade Asia FAQ page. Item number 5:
May non-Singapore citizens trade with TD Ameritrade Asia? Yes, non-Singapore citizens may register with TD Ameritrade Asia, provided you are a Permanent Resident or have a valid Employment Pass or Work Pass. You will be required to provide us with a valid Tax ID number in Singapore to open the account. You will also be required to verify your Singapore address by providing us with a copy of a utility bill and/or bank statement listing your address.
Anyway I've sent them a message asking them about those without an SG Tax ID.
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xilepeco
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Jun 18 2016, 07:43 PM
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New Member
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Will do, will let you know when I receive their reply.
Yup I get what you're saying. If there's no way around what's stated in the FAQ then yeah, they are likely dropping Malaysians and perhaps quite a few more accounts throughout some Asian countries. With that requirement, it would likely mean that TDA Asia does not handle that many accounts.
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xilepeco
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Jun 20 2016, 11:38 AM
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New Member
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TDA Asia just told me that they will accept Malaysia accounts. So good news for those who want to transfer or open one.
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xilepeco
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Jun 20 2016, 03:10 PM
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New Member
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Just check out their fees. It is different from TDA Inc.
Those who transfer get to keep their existing fee structure though.
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