Agree big cap but lousy returns like intel and IBM are so dinosaur era companies which are not able to transform

Prefers Cathie small and emerging picks which will slowly rise once the exposure is coming now

Typical nationalist and protectionist agenda hence you will see why Malaysia will be the backwater of ASEAN as more capital markets are opening up in Phillipines, Vietnam and Cambodia

Who cares about SC as they are only a useless 4th tier regulator

They can’t stop us from investing overseas as we are not living in a communist country

The issue is not with the app because the app itself it is only for deposit taking and fund display information

The problem lies in how does AHAM uses A+ to collect deposit and executing your funds and settlement upon redemption

So as long as the back office is able to cope and doing well in business hours, the app should be better

1stly all basic functionality is improving as currently they are migrating all their legacy into all in one app which gonna takes the next few years to grow

Nothing to do with the deposit issue as simple the deposits goes through

The problem lies with trade settlement of the AHAM which have to trace manually to which depositors portfolio which takes time as the trace to deposit is not smooth at moment which I suspect go to with their coding setup

You can’t fault legacy system to migrate a newer based will take time because isn’t still tested hence a lot breakfix unlike Wahed, Mytheo or Akru which uses the same deposit platform through FPX which will goes through perfectly fine only to be hindered by trade from deposits issue

You can go ask ironman16 as he is already fix all the mounting issue from day 1 on A+

As long not more than 3000SGD the banks are usually will not have any issues with it

Currency conversion and extra charges

RM to USD to IBKR

RM to SGD to USD to IBKR

The difference it is obvious

Of course otherwise how banks earn money

You have to remember that banks earn 2% off FX spot rate for every conversion

Even StashAway has 0.1% after conversion off spot rate

RM10k x 0.25 assuming USDMYR is 4 to 1 will give you USD2.5k but your SA will only have USD2497.50 as 2.50 goes to Citibank as CC charges

You can imagine now with 2% from Banks now as they have the right to fix spot as they seen

Go compare to TW, BigPay, SunwayMoney and others whichever gives you the best rate on the spot pick that unless the money is super urgent

Go read through previous thread on how to pick the best rate

CIMB SG is the extra step because you need to prove to IBKR that the money is belongs to you while TransferWise doesn’t have the validity of it

Suggest that you read through how RamJade does his transfer as he has pick the best way to do frequent transfer without any hassle