i mean... if like me now, not trading, local ib platform albeit higher fees still acceptable, no need to look for others.

if using foreign broker like trademonster, the motive is probably to trade intraday or t+3 since fees are much lower. but if there is no leverage, then there is a cost to the deposit to trade, unless u earn interest on the deposit if it is idle, which i doubt is the case - pls correct me if i am wrong here...? of course, if the plan is not to trade t+3 or trade by paying up, it is not an issue but just the benefit of lower fees whenever u buy or sell.
oh... like to check with u further about trademonster...

when u make deposit, how is it done? do u ibg thru banks? or some third party fund manager? spread? any funds transfer charge?

i mean... if like me now, not trading, local ib platform albeit higher fees still acceptable, no need to look for others.

if using foreign broker like trademonster, the motive is probably to trade intraday or t+3 since fees are much lower. but if there is no leverage, then there is a cost to the deposit to trade, unless u earn interest on the deposit if it is idle, which i doubt is the case - pls correct me if i am wrong here...? of course, if the plan is not to trade t+3 but trade by paying up, it is not an issue, just the benefit of lower fees whenever u buy or sell.
oh... like to check with u further about trademonster...

when u make deposit, how is it done? do u ibg thru banks? or some third party fund manager? spread? any funds transfer charge?

sure.

cimb itrade online foreign is limited to sgx, usa, thailand, indo and hongkong. they offer others too but are offline and too costly, no eye see...

sgx <rm100k 0.42% min sgd28; >rm100k 0.275% + some other minor charges. dividends, flat sgd10 per div.
usa flat 0.4% min usd25 + some minor misc charge. div handling charge... waiting for confirmation.

as u can see, it is too costly to trade, so i don't. i optimize by:

.. no trading, just invest
.. buy/sell at amount for each transaction such that brokerage = or >min, i.e. min sgd 6666 or usd6250
.. accumulate div at zero int until amt good enough to buy by itself or combine with fresh funds if ex rate favorable

really, just common sense within the constraints.

the not-too-bad stuff:

.. i dun pay for real time data as i am happy enough with yahoo finance; don't need it every night
.. all bourses transactions in all currencies on one page daily report - easy to monitor
.. one single stocks account and one bank account
.. all holdings in all currencies combined x 2.5 into trading limit - i can trade quite a bit if i want to - maybe some day at some minute
.. exploit currency fluctuations - if foreign currency fav, i buy and use what is sitting there at locked in rate on day of purchase; if unfavorable, i pay with rm at ex rate on due date, i.e. 3 days later
.. ex rate spread reasonable, nothing exorbitant

works well for me at this time but... in time, i may want to trade and will need a cheaper arrangement, albeit more troublesome.

sure.

cimb itrade online foreign is limited to sgx, usa, thailand, indo and hongkong. they offer others too but are offline and too costly, no eye see...

sgx <rm100k 0.42% min sgd28; >rm100k 0.275% + some other minor charges. dividends, flat sgd10 per div.
usa flat 0.4% min usd25 + some minor misc charge. div handling charge... waiting for confirmation.

as u can see, it is too costly to trade, so i don't. i optimize by:

.. no trading, just invest
.. buy/sell at amount for each transaction such that brokerage = or >min, i.e. min sgd 6666 or usd6250
.. accumulate div at zero int until amt good enough to buy by itself or combine with fresh funds if ex rate favorable

really, just common sense within the constraints.

the not-too-bad stuff:

.. i dun pay for real time data as i am happy enough with yahoo finance; don't need it every night
.. all bourses transactions in all currencies on one page daily report - easy to monitor
.. one single stocks account and one bank account
.. all holdings in all currencies combined x 2.5 into trading limit - i can trade quite a bit if i want to - maybe some day at some minute
.. exploit currency fluctuations - if foreign currency fav, i buy and use what is sitting there at locked in rate on day of purchase; if unfavorable, i pay with rm at ex rate on due date, i.e. 3 days later
.. ex rate spread reasonable, nothing exorbitant

works well for me at this time but... in time, i may want to trade and will need a cheaper arrangement, albeit more troublesome.

standard... 0.42% for bursa is the normal rate for cds accounts for most local banks incl mbb, hlb, public, i believe.
for priority-premium customers, it is 0.35%, 0.21% if >rm100k per counter, 0.1% intraday.
so, be premium!

for bursa trading, a lot of people prefer to use another type, the nominee account. also available in most banks, brokerage 0.1%, min rm8 for everything. only catch is no leverage, u deposit, trade and pickup 1:1.
robinhood.com... ok, thanks, will check when the time comes.

robinhood.com  the name already sound weird. Sure you can trust them with your USD100K? Pls update any result if you try them. Tq.

bull attack a bit....come on bear bear, you can hold it. wait you at 1950 can or not?