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 Interactive Brokers (IBKR), IBKR users, welcome!

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TSmoosset
post Apr 2 2020, 10:19 PM

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QUOTE(madman.com @ Apr 2 2020, 09:33 PM)
If i dont subscribe market data package for the instruments i wish to trade, ibkr dont allow me to open trade.

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Can trade!

Most of us here want to save money by NOT subscribing to market data.

TSmoosset
post Apr 3 2020, 12:05 PM

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For newbies, just login to the website (and later also go to the platform), click on every button that you see. You'll discover a lot of features.
Just don't simply BUY anything.

QUOTE(David900924 @ Apr 3 2020, 08:46 AM)
sifu, i hav TW borderless account of USD, EURO and NZD. may I know where u can check if IBKR can accept NZD and GBP.

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Log in on the website. Click "transfer fund" and select your currency. Instructions will be there. Again, this is something easily discovered if you just login to the website.

All these internationally traded currencies like AUD, NZD, GBP etc, definitely no problem lah.... laugh.gif
Just don't expect them to accept MYR!! (with all due respect to myr)


QUOTE(David900924 @ Apr 3 2020, 08:46 AM)
https://transferwise.com/gb/swift-codes/IBKRUS33XXX
this above link, is it mean we can also withdraw fund to our transferwise but not in USD?

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so far, no one has shared their experience regarding this. You may try it and let us know.
I think it would work for USD withdrawal, but I haven't tried it yet.
TSmoosset
post Apr 3 2020, 12:05 PM

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QUOTE(dkzk86 @ Apr 3 2020, 11:14 AM)
I have the same subscription. It's especially useful if you trade options. They waive the USD 10 fee the following month if your monthly comm is USD30 and above.
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if I don't trade options / futures, just NYSE and Nasdaq, which subscription should I get?
TSmoosset
post Apr 3 2020, 12:07 PM

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QUOTE(David900924 @ Apr 3 2020, 07:21 AM)
May I know which fintech site u guys use to deposit USD to IB?
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Check first post.
TSmoosset
post Apr 3 2020, 02:55 PM

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QUOTE(David900924 @ Apr 3 2020, 02:47 PM)
i give up after spending hours on googling n reading this topic on transferwise, i cant live if my money stuck 90 days, i dont mind paying more if these are the charges. I will do TT once my IB verification is succesful
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wah ..... not done verification but already eager to invest?

what do you want to buy?
TSmoosset
post Apr 3 2020, 03:00 PM

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QUOTE(dkzk86 @ Apr 3 2020, 02:56 PM)
You can make use of the snapshots. IBKR gives free USD1 worth of snapshots each month. That's about 100 free snapshots for equities.

user posted image

I'm not too sure on which subscription is applicable for Equities only but my guess is it's the same as mine.

user posted image
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Thanks!!

actually, I don't really like the snapshot .... Snap-hour / snap-minute would be better. Like 1 hour or 1 minute of live trading data. hahaha....
TSmoosset
post Apr 3 2020, 05:03 PM

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QUOTE(madman.com @ Apr 3 2020, 04:17 PM)
Is it? Hmmm....will try again later.  hmm.gif
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check the settings and see if you've the permission to trade...
TSmoosset
post Apr 3 2020, 06:24 PM

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QUOTE(madman.com @ Apr 3 2020, 05:14 PM)
check the settings? U mean from my client portal setting? or TWS platform setting?
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Client portal ...
TSmoosset
post Apr 3 2020, 09:15 PM

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QUOTE(madman.com @ Apr 3 2020, 08:35 PM)
Btw, just curious to know for u guys registered with tradestation global, u all trade using tradestation platform or ibkr tws?
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I think most ppl just use TWS.

I'd like to try TSG but I'm using macOS, so can't use. If you use it, please share your thoughts.
TSmoosset
post Apr 4 2020, 11:59 PM

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QUOTE(turtle_onrage @ Apr 4 2020, 10:47 PM)
Hi, need some help regarding Instarem transfer to IBKR, as IBKR recently closed their support channel for non user.

I already had my account verified, and now trying to transfer the fund in. My plan now is transfer GBP from Instarem to IBKR. However IBKR required me to fill up a deposit form
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what is that? screenshot?
TSmoosset
post Apr 5 2020, 12:00 AM

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QUOTE(kart @ Apr 4 2020, 10:50 PM)
I applied via Tradestation Global website, and currently my trading account application is currently under processing by Interactive Brokers.
Recently, Oscar Vogt, a TradeStation Global Support Rep <globalsupport@tradestation-international.com>, sent an e-mail to me, requesting for my ID.
From my understanding, I believe that I should give my supporting documents to only Interactive Brokers, in Interactive Brokers website.
My question: Do I also need to give my supporting documents, to Tradestation Global? 

Thank you for your information. smile.gif
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I think ... YES!
TSmoosset
post Apr 5 2020, 03:54 PM

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QUOTE(kart @ Apr 5 2020, 08:06 AM)
Ok, you suggest double uploading. Thanks for sharing your opinion.
I've checked my mailbox. They sent me an email to request for supporting docs.

QUOTE(turtle_onrage @ Apr 5 2020, 01:01 PM)
Here is the form. I am applying through TradeStation Global.

user posted image
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Just write InstaRem, Transferwise or whatever that you're using.

You don't have the account number.

Nickname: whatever you like.
TSmoosset
post Apr 5 2020, 04:04 PM

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QUOTE(turtle_onrage @ Apr 5 2020, 04:01 PM)
Got it. Thanks for your reply. Thought have to write in the bank Instarem will used to make the transcation.
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you will never know what banks they use, even if you asked the customer service. I tried!
TSmoosset
post Apr 6 2020, 02:23 PM

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QUOTE(David900924 @ Apr 6 2020, 11:28 AM)
user posted image
user posted image

anyone did oversea TT before? can share what to write on it.
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I've never tried TT but as with all transfers,
1) the ones you know - fill them out: bank details etc.
2) the ones you don't know - just make up a story, like Pendidikan Moral in Form 5.

No email address? Give your own or make one up.
No IC? Give your own or make one up.
No phone number? Give your own or make one up.

#this applies to InstaRem, Transferwise and all bank transfers.

None of these is important, other than the actual bank details given by IBKR.
TSmoosset
post Apr 7 2020, 05:46 PM

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QUOTE(Esot3ric @ Apr 7 2020, 10:50 AM)
Hi experienced sifus,

A lot of information in this whole thread. Thanks. Newbie here just want to ask for confirmation if I am using the right link to open a whitelabel IBKR account:

https://www.tradestation-international.com/...pen-an-account/

Just use this link and the created account will automatically be whitelabelled?

Thanks
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Yes.

QUOTE(jflee @ Apr 7 2020, 03:49 PM)
hi, does it matter to use idealpro or fxconv for currency conversion?

i am using the client portal to trade and it is default to idealpro. Can i jz use idealpro to convert currency and purchase the shares?
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for me, no difference.

QUOTE(David900924 @ Apr 7 2020, 04:22 PM)
At first I try 250usd, then 1500 then 1000. So it is small amount. All very fast. The 3rd 1000 took 1hr30m, the other 2 in between 20-30mins.
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wah....... USD25 extra per transfer. laugh.gif
TSmoosset
post Apr 9 2020, 05:21 PM

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QUOTE(Thuay @ Apr 9 2020, 04:58 PM)
So 3 transfer is usd 75?
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I think yes, because $25 per transfer.


QUOTE(Thuay @ Apr 9 2020, 04:59 PM)
Is is possible for Malaysian to apply IB lite?
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Nope....
TSmoosset
post Apr 11 2020, 03:12 PM

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I remember there was one guy in another thread who wanted to close his bank acc in HK.....
For those who used to lived / are living in overseas, better don't close your acc., especially those with USD, EUR, HKD, GBP, NZD.

first withdrawal of the month is free.
You'll pay a fee for second withdrawal but in these currencies, it only costs ~1 USD in those currencies.
Note: I think the website isn't up to date. There's only 1 way to transfer for SGD and it costs SGD$15 for 2nd withdrawal of the month.



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TSmoosset
post Apr 11 2020, 07:59 PM

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so now, our main goal is to hit that USD $100k mark, then we can migrate to IBKR!! sad.gif
TSmoosset
post Apr 11 2020, 10:05 PM

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if you own less than 1 share, still got voting rights?
TSmoosset
post Apr 12 2020, 01:35 PM

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QUOTE(dwRK @ Apr 12 2020, 01:22 PM)
1 share gives you rights to attend agm and free refreshments...locally lah... haha
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and most importantly, door gifts!

SG also right?

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