Replace the currency with your to-buy equities/ETF currency
Replace the IWDA with your to-buy equities/ETF ticker

You can trade using the IB website, IBKR mobile app, IBKR desktop software

the tradestation own app and desktop software are not favorable, not user friendly tbh

This post has been edited by tadashi987: Jul 9 2019, 06:52 PM

thank guys.
So basically, just register through trade station, then moving forward all is through IB already.

Wow, just change place register then can enjoy the lower commission fees.

This post has been edited by Chounz: Jul 9 2019, 07:44 PM

Correction. You are actually paying more for using tradestation.
Reason
1. Pure IB only few cents
2. Tradestation about 2-3 dollars.

But my understanding is IB need to have at least USD10 commission per month.
And trade station min commission for a share is USD 1.5.

Can explain further on this?

They might have lowered the commission for US exchange, traded a counter (NYSE ARCA) in small amount back in May to cure an itch and was only charged USD1

This post has been edited by roarus: Jul 10 2019, 10:06 PM

hehe,

big budget boy = IB
small fry = tradestation
middle fry = captrader

Can check with you. I just use IBKR app under TradeStation account to trade a US stock, but the commission charged is USD 1 instead of USD1.5 (TradeStation minimum fee) got any idea?

Hahah, I try using TradeStation application, seriously cannot pakai la. iB one is much more better eh

Thanks for testing out as well, which exact exchange did the trade happen? You can see this via Reports > Statements > Trade Confirmation

Perhaps they indeed did lower the rate, but have not updated the commissions table yet.

kantoi took so long to open tradestation account. I open tradestation global account, want use their UK facility, but with USD instrument.

Money pergi to citibank NA, with funny personal account number attached just behind citibank account number.

Itu instarem bosong say can't do that, can only wire to citibank.

So now fund stuck, dunno IKBR can detect my fund or not...

already 10 days =(

inb4 GBP 1.5 per transaction or 0.12% whichever higher trap

kantoi, why no ppl mention that tradestation global needs min $5k deposit requirement?

Wait, you're attempting to send GBP to IB's UK Citibank, and then convert to USD? Isn't the fund you want on LSE available in GBP?

They blocked your application or something? Do talk to TradeStation Global support regarding this fabulous offer you saw on their main page: https://www.tradestation-international.com/global/

LSE GBP SP500 mahal oh, i buy USD version, also ireland domiciled, code name CSPX

nice, then no prob for me if min 1k $

GBP denominated funds are expressed in pence (cents). CSP1 23,568.00 = 235.68

You can also check out VUSA (dist) as alternative

You fund it like how you fund normal transaction.

Actually I said already. Think you didn't read.

Is in US exchange market.
Based on the tradestation global table should be USD1.5, since i only purchase 10 units (should charge the minimum commission).

USD1 seem like is the minimum commission for IB.
Worry later will kena charge the IB minimum activity fee USD10 , because all my funding, trade also made through IB mobile app.

you din use SG account to transfer?
that 1 instantly show in the trade account, super fast 1.

bro can explain why you say IB is cheaper than tradestation or not?
If really cheaper I want to switch to IB leh, quite impressed with their mobile app and portal.

Tradestation underneath is still IB. Only difference is Tradestation does not tiered pricing which gives IB the cheap cost of few cents per transaction.

Using pure IB will incur a monthyly fee of USD10 unless you can furfilled their criteria.

Aiya, then okay la. I thought i missed out something...
quite obvious one Tradestation is still IB, even our fund deposit also to IB, login also use IB portal.
Can avoid the monthly fee of USD10 consider save a lot already.