I'm seriously thinking about webull. Too bad their deposit withdrawal fee is a joke. I need frequent in out and their fee is killing.

use tradingview, then press buy

ibkr and tsg no give free withdrawal? i tot got

ic...

if i do tsg/ibkr usd convert sgd internally, then bring back via cimb sg, then myr to local bank, will kena $25 also ka?

This post has been edited by alexkos: Jun 15 2021, 09:57 AM

I'm planning to buy swap myr sgd with my friend. The thing is, there's no escrow. It's quite dangerous for me to deal like this.

Any experience among us on swapping currency with friends ?

i see....area i would not like to venture on

bayar sunway money je la

I can. myr -> usd straight w/ wise

back then when i use instarem, ibkr contacted me once to verify via secured msg. So i replied. no problem since.

this wise thingy belum kena contacted yet. but very happy ibkr can receive my usd wise payment straight. Money will kena float 3-4 days upon receipt.

Set ibkr intention to receive
Send myr USD via wise

Should reach ibkr in few business days. Money will be stuck on hold for 3 to 4 days before masuk ur acc

Go back one page. Click 'transfer funds. Paste ur screenshot here

my experience

sunway money -> cimb sg [fast]
cimb sg -> shanghai bank (ibkr sg) [even faster]

hehe

paging ramjade

seeing that ibkr has now waived the $10 min account activity fee, is IBKR the preferred choice for the average joe instead of TS Global now?

Thank you.

roger. will transfer my funds and stocks from tsg to ibkr too

i heard from my fren that if use ibkr fixed pricing will kena eat $4.2 for etf purchase.

can anyone confirm this? if so then ibkr tiered pricing is cheaper?

hi all, would like to update the first post on 'Cheapest Route as at 19 May 2021'

Anyone has better alternative so that I can update it for the benefit of our readers? thank you

bump! how are all passive investors in malaysia doing recently?

SP500 had withstood Trump's tariff wars, though things may yet see another turbulence once the 60-day shipping reality start hitting the East shore of US (i.e., lesser cargos inbound, chain reaction to trucking, retailing industry).

With that said, SP500 investors aren't suppose to market timing, right, right?

I'm in the midst of finalizing a publication and will require gathering of passive investor survey as a voice representing Malaysian.

Let me know if you wish to be part of it, self-administered online Google Form survey 10-15mins, and a little lucky draw as token of appreciation to your time =)

survey link


This post has been edited by alexkos: May 10 2025, 09:13 AM

should be back to ATH pretty soon, with bitcoin reclaiming $100k. Just a month ago there were news from bond crash, USD losing confidence, gold rush (still high though). It does take a very different set of temperament to weather these economic news. Unless one deliberately shut off these news media and just let the investment work on itself.

On these economic worry is the exciting AI future we're going into. Generative AI, then Robotics AI. Usually innovation will take pace and create value far more than what the current system can offer. Think smartphone. It was a hardsell selling a phone for more than RM500 back then. Now RM6,999 is no problem, because of perceived usefulness and the digital economy that depends on it. No one walks out of their house without a smartphone these days.

I'm glad that since this thread was started some 6 years ago, there is now very easily accessible ways for Malaysian to get exposure to passive instruments such as S&P500 (through SPY). Trading platforms like Moomoo is very smooth in terms of depositing RM, internal conversion to USD, and get index exposure from there.

May the passive investors stay on the course. Btw if you're a Bogleheads, pm me because I'm thinking of starting a passive investing local chapter in Malaysia soon =)

This post has been edited by alexkos: May 10 2025, 09:20 AM

ah my bad memory. Such a thread does exist since 2022! haha

Bogleheads Malaysia
https://forum.lowyat.net/topic/5240482

see you there

glad to find that there are more convenient ways for Malaysian these days to have SP500 exposures. It was unlike such many years back when the thread was started to help more people to find the cheapest way to get exposure on US equity.

This post has been edited by alexkos: Jul 1 2025, 04:37 PM

i am using moomoo recently and just found that our gomen charges 0.1% stamp duty on US stocks. I don't recall having this expense item when using foreign broker such as IBKR. Anyone gain exposure to US index fund thru moomoo can confirm this?

btw there's an ongoing paid research survey (conducted by yours truly) targeting Malaysian passive investors. If your investing style is largely passive by nature, such as holding S&P 500 or related widely diversified index fund, then this research survey is for you.


This post has been edited by alexkos: Aug 13 2025, 02:41 PM