sry bang, so many work haha...

updated first post

captrader and tradestation global are interchangeable in this case.

If strictly say cheapest, I concede that TS Global is cheapest =)

updated Q&A. Just substitute all captrader thingy with TradeStation Global will do.

Protip: Captrader and TS Global both use IB as platform too =)

Give Instarem a call, when they did my KYC last year I recall the rep telling me they can do KYC for some cities out of KL

Sign up online. You don't need KL address. Then for meeting with instarem part, do as what alexkos did. Meet them at KL central, then went back to perak I think. Tell them where you want to meet them. Their office? KL Sentral? Some shopping mall in KL? Your pick. You pick the place, date and time.

Up to you. One day enough? Penang to KL is not near. How many hours you need to travel down to KL? They operate during office hours only. If you settle everything already with them, how are you going to go back? Can you work the next day? Won't you be tired with the travelling? If one day enough for you then so be it.

For me I email/chat with them. They don't support east coast state so no choice need to meet them in Klang Valley.

This post has been edited by Ramjade: Aug 26 2019, 10:02 PM

Is post #1 the updated cheapest route as of 10/10/2019?

Ya, unless u found a better one

aye sir

Anyone knows if it's cheaper/possible to fund accounts using Big Pay?

i dont think thats possible, you need to fund TradeStation/Captrader using SGD, from an account in your name.

Bigpay is in MYR

BigPay allows transfers to international banks in few currencies including SGD.
But I haven't tried it so I'm curious if anyone has done it before and whether it's cheaper.

But definitely won't be in your name. IB is very particular that the originating bank account must be in your name.

So far only leeway is for EUR.
People said BigPay is more expensive than instarem.

Hmm macam yes... Come let's try.... One of us burn some money testing hehe... If cheapest then gooding

so anyone tried BigPay to fund the account?

I checked bigpay's mastercard's fx rates...looks very competitive and zero fees...

Someone please just do it ...

haha no one dare leh, not sure will the funds be transferred under your name or BigPay company name

Ya. Can ask CS. But should be quite safe... if reject just wait for refund... just have to make sure no rejection fees

I haven't opened Singaporean bank account or TradeStation yet so cannot try. Anyone who tried, update us haha.

Maybe try with small amount like RM100 and see

To fund $1000 today...

Transferwise, RM 4210
Instarem, RM 4203
Bigpay, RM 4190

wah bigpay usd/myr pair spread so low ah? dunno what they earn

Now is early phase market penetration... later surely will charge

But confirm it works is it?