QUOTE(wombie @ May 19 2020, 08:15 AM)
Do your own research, their support is amazing. if you cant find this, good luck with optionsInteractive Brokers (IBKR), IBKR users, welcome!
Interactive Brokers (IBKR), IBKR users, welcome!
|
May 19 2020, 09:36 AM
|
Senior Member
2,150 posts Joined: Mar 2016 |
|
|
|
|
May 19 2020, 10:29 AM
|
Senior Member
1,917 posts Joined: Sep 2012 |
QUOTE(wombie @ May 19 2020, 08:15 AM) It's just under the settings ....... It's easy to find. It's not hidden. just login to all their platform and portals and play around. The more you click, the more you will discover. IBKR's features are extensive; go play around! |
|
May 19 2020, 11:08 AM
Show posts by this member only | IPv6 | Post
#1003
|
Senior Member
2,874 posts Joined: Mar 2009 |
Hi guys, thanks for all the great info in this thread. I read from page 1 and it seems there is new info almost in every page. I am new to investing world and recently only started in KLSE, now intending to move to US.
I've created an account with TSG and Instarem, now waiting for approval. I have some questions that need confirmation, if you guys would kindly answer. 1. For deposit, it doesn't matter if I use either of these method right? a. CIMB MY Bank (MYR) > CIMB SG (SGD) > IBKR (SGD) > exchange to USD using IBKR rates b. Any MY Bank (MYR) > Instarem (SGD/HKD/EUR) > IBKR (SGD/HKD/EUR) > exchange to USB using IBKR rates c. Direct TT from MY Bank (MYR) > IBKR (USD), incurring USD25 charges. I am under the impression that method A and B is slightly cheaper, but causes inconvenient than method C, am I right? For withdrawal, I believe many of you recommend using reverse of method A is so that we are able to withdraw from USD to SGD to our CIMB SG account before transferring back to MY Bank (MYR), which is the entirely the purpose of the CIMB SG account. If I do not want to create an (or rather, cannot at this moment) CIMB SG account, I can actually just TT USD in IBKR back to MY Bank (MYR) using our local bank exchange rate right, incurring ANOTHER USD25? Thanks! This post has been edited by clon12: May 19 2020, 11:09 AM |
|
May 19 2020, 11:09 AM
|
Junior Member
339 posts Joined: Oct 2015 |
QUOTE(soundworks @ May 17 2020, 01:00 AM) You can try joining here:https://t.me/joinchat/M1jTbRMfPMmCiPPDcfGt6Q |
|
May 19 2020, 04:33 PM
Show posts by this member only | IPv6 | Post
#1005
|
Junior Member
105 posts Joined: Aug 2011 |
I know this is IBKR thread but what do you guys think of either webull or firstrade?
|
|
May 19 2020, 05:46 PM
|
Junior Member
297 posts Joined: Apr 2020 |
Guys, anyone having trouble to withdraw the funds?
I'm using SG Fastsaver accounts + Remtrade. How easy is it to withdraw the funds? I do not want to invest 100k usd already and realise its hard to withdraw lol |
|
May 19 2020, 07:01 PM
|
Senior Member
5,118 posts Joined: Jun 2006 |
|
|
May 19 2020, 07:53 PM
Show posts by this member only | IPv6 | Post
#1008
|
Junior Member
723 posts Joined: Nov 2013 |
|
|
|
|
May 19 2020, 08:23 PM
Show posts by this member only | IPv6 | Post
#1009
|
All Stars
22,199 posts Joined: Feb 2011 |
|
|
May 19 2020, 09:19 PM
|
Junior Member
98 posts Joined: Apr 2020 |
|
|
May 19 2020, 09:24 PM
|
Junior Member
339 posts Joined: Oct 2015 |
https://fintechnews.my/23800/various/securi...te-in-malaysia/
I assume IBKR also isn't licensed right |
|
May 19 2020, 09:40 PM
|
Senior Member
2,150 posts Joined: Mar 2016 |
QUOTE(mr_tuzki @ May 19 2020, 09:24 PM) https://fintechnews.my/23800/various/securi...te-in-malaysia/ Don't think so, if i am not mistaken, that is why sometimes banks will be a little particular if you want to TT directly to themI assume IBKR also isn't licensed right |
|
May 19 2020, 09:43 PM
|
Junior Member
339 posts Joined: Oct 2015 |
QUOTE(Krv23490 @ May 19 2020, 09:40 PM) Don't think so, if i am not mistaken, that is why sometimes banks will be a little particular if you want to TT directly to them "Any person carrying out regulated activity in Malaysia without a licence or registration from/by the SC may, if convicted be liable to a fine not exceeding RM10 million or imprisonment not exceeding ten years or both."This part sounds scary though |
|
May 19 2020, 09:50 PM
|
Senior Member
2,150 posts Joined: Mar 2016 |
QUOTE(mr_tuzki @ May 19 2020, 09:43 PM) "Any person carrying out regulated activity in Malaysia without a licence or registration from/by the SC may, if convicted be liable to a fine not exceeding RM10 million or imprisonment not exceeding ten years or both." yeah , i would be more worried if i was a forex trader , and as we know, there are plenty of them out there, just look at those facebook gurus and ads. Wouldnt be too worried if just trading other financial instruments suck as stocks,futures, options etcThis part sounds scary though |
|
|
|
May 19 2020, 11:08 PM
|
Senior Member
5,118 posts Joined: Jun 2006 |
QUOTE(Krv23490 @ May 19 2020, 09:50 PM) yeah , i would be more worried if i was a forex trader , and as we know, there are plenty of them out there, just look at those facebook gurus and ads. Wouldnt be too worried if just trading other financial instruments suck as stocks,futures, options etc if they wanna whack you... they whack you on licensing... not what you trade |
|
May 19 2020, 11:24 PM
Show posts by this member only | IPv6 | Post
#1016
|
Junior Member
105 posts Joined: Aug 2011 |
|
|
May 19 2020, 11:26 PM
|
Senior Member
2,150 posts Joined: Mar 2016 |
|
|
May 20 2020, 12:13 AM
|
All Stars
22,199 posts Joined: Feb 2011 |
|
|
May 20 2020, 08:40 AM
|
Senior Member
5,118 posts Joined: Jun 2006 |
|
|
May 20 2020, 10:51 AM
|
Junior Member
66 posts Joined: Feb 2009 From: Petaling Jaya |
QUOTE(roarus @ May 17 2020, 11:49 AM) There's a chance it may not work, you may still try it out for the benefit of everyone with a small amount This is what shows up in my SG bank for Instarem and BigPay transfer: i. Intarem Inward FAST - NSTAPTE3, OTHR-<MY NAME>XXXXXXXX<SEEMINGLY RANDOM ALPHANUMERICS> ii. BigPay Giro Credit from TikFx Singapore BECH-<SEEMINGLY RANDOM ALPHANUMERICS> For BigPay my name is not visible in the inward transfer. Another thing is that in BigPay there's no place to include transfer remarks to enter IBKR account number/name. Tried it with 2 SGD and it works and appears after 2 working days. There is no reference field to be keyed in during the transaction but somehow it gets deposited. Refer to my transfer receipt below. |
Change to: | 0.0165sec
0.29
6 queries
GZIP Disabled
Time is now: 29th March 2024 - 06:09 PM |