Can you update the first post. Step by step again.
For tradestation

For me, I straight myr to EUR instarem then hoot sxr8... So no need convert...

If want hoot Csp1, I wire myr to gbp instarem.

IBKR inhouse conversion will charge minimum usd2.

Hi can straight away EUR/USD instarem to tradestation global/IB account?

thanks for the reply again.

i find the method in keykeytravel like getting into forex position..
i will a little more research before i proceed with the currency conversion.
I have not much idea about FXCONV, IDEALPRO, virtual FX position.. but thanks for the heads up.

Thanks.
i can see this only:
https://www.tradestation-international.com/.../exchange-fees/

Exchange Fees - Currency: EUR, GBP, USD
ETFs:  Fee @ 0.45 bps of trade value   or min.: USD 0.13 per Order

Clearing Fee:
All USD 0.08
All GBP 0.06
Would like to ask further on the currency exchange to USD for buying.

What is the method u guys used?
i saw this blog from other forum.
https://keykeytravels.blogspot.com/2019/07/...conversion.html

Are u guys following the method from this blog?
which as per the blog Step 2c,
to go into order ticket, search for USD.SGD., then convert accordingly.

or...using the apps where there is "convert currency".
Using the apps, Under Trade:
order ticket,
order wheel
portfolio
ibot
"convert currency".

Any advise on which way to go for?
which method is recommended?



if the ask price is 1.37176
and i need 1,000.00 USD,
means i need 1,371.76 of SGD.. is that correct?

This should give you an idea how it would look like if you did FXCONV vs IdealPRO


IdealPRO is more suitable forex players, where a position is maintain to be closed easily.

Both have same conversion fee and rates, just the matter of preference. Personally I don't like seeing a FX position along with my holdings.

So you use FXCONV?

Yup, drove me up the wall the last time I accidentally used IdealPRO that I spent additional USD4 closing the position and redoing it with FXCONV

Any idea how to use Fxconv via web trader instead of client portal?

Hehe... Basically just swap captrader with tradestation global.

Both methods work.

Cheapest forex is instarem
Cheapest platform is Tradestation global.

Hi guys, need opinion from all the seniors here.

Are you guys still buying in s&p 500?
Do you guys have faith that it will continue to go up?

I have the fund in hand now, this will be my first time investing in foreign etf, so a bit kancheong,lol

Besides from s&p 500, what other etf have you guys invested in ? Mind to share?

Thanks guys

I don't do S&P500 as it forces you to sell to realise your gain. Imagine if is a bear market and you are force to sell.

I focus on dividend and dividend growth investing. Come rain or shine, money always enter my bank account. Price goes up,  I sit and watch. Price drop I scoop up using my savings + dividend received. Hence generating even more money yearly.

Don't care if it beats s&p500 as long as I am not forced to sell when I don't want to sell.

Hehe.. Careful ya... Div not guaranteed rain or shine.

Yes our fren above. Do your own due diligence. Why not start with a book on index investing?

Correction. Reits and Dividends aristocrat. Reits forced by law to pay out. So rain or shine definitely have to pay something   

hehe....sunreit macam yes...too bad im late to party 

is there a real estate dividend index fund? anyone know?

Walao why keep dropping? Tipu lah!

Welcome to investing. Index investing aren't  fool proof as the underlying is still stocks. So if stocks price drop, index will follow. After all, investing in index/etf means you are getting market return ma. These few days market damn bad.   Good shopping spree. Reason why I don't do DCA. Keep money for time like this