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yosia_k
post Jan 11 2018, 12:04 PM

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Hi experts,

After going through the forum, i decided to open account in IB and now in the process of opening account in IB, but i have questions on depositing fund into the account.
I am currently using maybank and when i asked the bank people, they said it is not possible to bank in money to IB account because maybank blacklisted IB, anyone experience this lately? I am not sure what is the exact reason, the person said it will still proses the wire transfer but it will be rejected. Need a light on this
yosia_k
post Jan 11 2018, 12:38 PM

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QUOTE(rjb123 @ Jan 11 2018, 12:34 PM)
I've not heard this before - but I've been depositing from overseas recently not from Malaysia.

Maybe someone else has had experience recently? This doesn't make much sense
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Yea, when i heard this, i am like =.=
I will double check with different branch and different bank

Maybe this is similar to what bank negara do to Luno, but due to bitcoin..need advice on people that do deposit via maybank recently if this is true
yosia_k
post Jan 12 2018, 11:22 AM

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Hi experts,

Have question on IB, the minimum balance of 10k USD need to be maintained all the time? If my balance drop below that, means i need to top up in order to continue trading?

Thank u in advance
yosia_k
post Jan 12 2018, 03:06 PM

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QUOTE(rjb123 @ Jan 12 2018, 12:22 PM)
Nope its just the initial deposit

But balance under 100k you'll have to pay 10 USD inactivity fees
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Thank you for your answer, but i have another one
Currently i am in the process of opening account, the last step is to fund the account. In this state, my account is still not yet active and under review.
I have a concern:
1. If i deposit the money and my account is funded, what if my account still not yet active, my money will hanging there?
2. Is there a case that my account is funded but after review, my application is rejected? Will i be able to withdrawn the money?

Sorry for the noob question, first time opening broker account

 

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