Captrader can open using ic, since tradestation now cannot? My passport mati. Thanks

How/where you open US bank account?

You wanna now open SG bank account to avoid ToS usd25 withdrawal fee?

Thanks for answering. I still blur to his intention, as I recall ToS charges $25 for usd withdrawal only, to any outside account. So if he has US bank then no reason for SG bank. AFAIK ppl open SG account so as to myr-sgd-usd... so the ToS $25 is probably a red herring

Also USBank is a thing...

Yeah... that's why I'm curious what's he thinking

Btw boss just wanna say thank you for so active sharing info n experience, @alexkos also

This post has been edited by dwRK: Aug 10 2019, 09:21 AM

Noted. Maybe cheaper to open say a tradestation account, buy shares in ToS and xfer it out to tradestation, sell it and then free withdrawal. Worth checking out. Was told ToS got good tools for options but higher fees everything.

You ald got a real US bank account then imho SG account probably not necessary.

This post has been edited by dwRK: Aug 10 2019, 12:57 PM

Yup. If he ald got funds in ToS, got to work out the fees and risks of doing the share transfer.

This post has been edited by dwRK: Aug 10 2019, 01:04 PM

looks like a default protection setting so ppl don't overpay...try look for it at order preset settings or something...you should be able to change or disable it...it's a precautionary warning so you should be able to ignore it if you are fast enough...

you can buy at current seller's price using "market" order

you can buy at lower price using "limit" order

on high liquidity stocks/etfs there is no need to set higher prices...just let ppl sell to your order

on low liquidity and you kan cheong wanna buy...you can set higher...really what it is doing is buying market order up to your higher price and remaining unfilled units are left as a limit order waiting to be filled

you can also buy at higher price using a "stop" order, which means buy only when prices go up to the higher price.

like alexkos bro said...if you hoot 1% higher, then should be no problem since it's below the 3%...

suggests you use the demo/paper trading to get a hang of the system, also YT...

good luck

This post has been edited by dwRK: Aug 21 2019, 07:55 AM

Can.

Can.

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.

This post has been edited by dwRK: Aug 25 2019, 01:25 PM

Dup

This post has been edited by dwRK: Aug 25 2019, 01:25 PM

RM to USD is done in house by MBB using their expensive bank rates.

I must backtrack a bit let the stock ppl answer, and for you to double check with mbb agent. My experience only with mbb investment bank doing futures trading.

More expensive. TDAMERITRADE can only hoot on US exchanges... so 30% withholding tax, and higher commissions. Also withdrawal fee $25 vs $0.

This post has been edited by dwRK: Aug 25 2019, 01:49 PM

US gov tax you 30% for dividend generated on US soil.

Ppl hoot Irish domiciled US based etf because Ireland got tax treaty with US, so pay only 15% tax.

TDAMERITRADE is US exchanges only...so ppl go, example Tradestation Global to buy Irish domiciled etfs that's traded on German exchange... also tradestation fees are cheaper

This post has been edited by dwRK: Aug 25 2019, 02:42 PM

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

Someone please just do it ...

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

To fund $1000 today...

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

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

Actually Ibkr doesn't accept funding via debit / credit card... so bigpay is no go

But many tier 2 brokers do...