Hi, I wonder using Maybank global trade account able to trade US ETF? Any specific reason to go for tradestation? Due to lower commission? Thanks
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 Aug 25 2019, 01:17 PM
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Aug 25 2019, 01:33 PM
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QUOTE(dwRK @ Aug 25 2019, 01:23 PM) Yes lower fees. More choices. Mbb got selective exchanges only. But if you very infrequent trade, maybe easier and don't have to worry about additional estate planning. I see. If we use Maybank global trade then dont need to go through the hassle to transfer money to sg and transfer back right? |
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Aug 25 2019, 02:10 PM
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QUOTE(Ramjade @ Aug 25 2019, 02:05 PM) Convert at in house exchange rate as mentioned by dwRK (more expensive by about 3%) Understand now. Thank you all the sifu for the useful insights!Higher commision charged per transaction. Say (USD10 vs USD3) - I am not sure how much maybank charges. X% of dividend fees to be paid to maybank Possible quarterly platform charges. If you feel like paying them all the above charges, by all means continue to use them. A little hassle to save lots of money in the long run. |
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