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Interactive Brokers (IBKR), IBKR users, welcome!
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Ramjade
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Aug 7 2020, 01:32 AM
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QUOTE(echoesian @ Aug 7 2020, 01:06 AM) Since the website is the same as IKBR, how does it differentiate between IKBR and Tradestation? I just wanna make sure my account is under Tradestation and not IKBR to avoid the monthly charges... If you open account using TSG ,then it's under TSG. It's inside there when you generate your reports. QUOTE(echoesian @ Aug 7 2020, 01:09 AM) Is there a way to switch existing IKBR Pro account to lite? See my reply. QUOTE(Ramjade @ Aug 6 2020, 06:30 PM) IB lite only US citizen and India citizens
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Yggdrasil
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Aug 7 2020, 01:59 AM
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QUOTE(sherynchans @ Aug 6 2020, 03:31 PM) May I know the reason why we need to convert the currency according to each stock exchange? Let's say I have USD, and I would like to trade on hkse. Can I just place the trade without converting?? Thank you.. It might be possible if it's margin. But you will be shorting HKD and paying an interest until you settle with real money or close the trade.
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tadashi987
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Aug 7 2020, 07:11 AM
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QUOTE(echoesian @ Aug 7 2020, 01:06 AM) Since the website is the same as IKBR, how does it differentiate between IKBR and Tradestation? I just wanna make sure my account is under Tradestation and not IKBR to avoid the monthly charges...  login client portal -> report module and download any report, u will see ur report -> Master Name is under TradeStation
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SUSTOS
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Aug 7 2020, 08:11 AM
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I would like to subscribe to the OCBC scrip dividend scheme and top up my odd lots to become round lots. Any idea how to do that in IBKR? Wait for election notice? Or we send them an email first? https://links.sgx.com/FileOpen/OCBC_Applica...t&FileID=626663
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Ramjade
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Aug 7 2020, 12:03 PM
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QUOTE(TOS @ Aug 7 2020, 08:11 AM) I would like to subscribe to the OCBC scrip dividend scheme and top up my odd lots to become round lots. Any idea how to do that in IBKR? Wait for election notice? Or we send them an email first? https://links.sgx.com/FileOpen/OCBC_Applica...t&FileID=626663There's option available in IBKR. You have to login to your IB client portal and check notification. Once it's there it will show up under corporate action. Form there I don't know if we key in 100% or the number of shares we want. This post has been edited by Ramjade: Aug 7 2020, 12:03 PM
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Yggdrasil
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Aug 8 2020, 06:32 PM
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Anyone face this issue before? Something wrong with their system? Sent EUR via Instarem.
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teen08
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Aug 8 2020, 11:50 PM
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Getting Started

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QUOTE(echoesian @ Aug 7 2020, 01:09 AM) Is there a way to switch existing IKBR Pro account to lite? Not sure. That’s why I asked. Saw the option on their site. Was told I this forum it’s for USA & India.
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Ramjade
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Aug 9 2020, 12:05 AM
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QUOTE(teen08 @ Aug 8 2020, 11:50 PM) Not sure. That’s why I asked. Saw the option on their site. Was told I this forum it’s for USA & India. Got. Beocme US citizen or India citizen.  That's the only way for now.
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erizdagreat
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Aug 9 2020, 02:49 AM
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Getting Started

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QUOTE(Yggdrasil @ Aug 8 2020, 06:32 PM) Anyone face this issue before? Something wrong with their system? Sent EUR via Instarem.  The status in your picture seems to indicate the date 31 December 4712 as the expected completion date. So slow, that's why I just use bank transfer instead. Perhaps resident instarem expert Ramjade can help you out.
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Yggdrasil
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Aug 9 2020, 02:52 AM
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QUOTE(erizdagreat @ Aug 9 2020, 02:49 AM) The status in your picture seems to indicate the date 31 December 4712 as the expected completion date. So slow, that's why I just use bank transfer instead. Perhaps resident instarem expert Ramjade can help you out. Obviously it's an error la. Where got 31 Dec 4712?
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Ramjade
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Aug 9 2020, 06:57 PM
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QUOTE(erizdagreat @ Aug 9 2020, 02:49 AM) The status in your picture seems to indicate the date 31 December 4712 as the expected completion date. So slow, that's why I just use bank transfer instead. Perhaps resident instarem expert Ramjade can help you out. I don't deposit straight into IB using instarem.
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solstice818
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Aug 10 2020, 12:55 AM
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QUOTE(Yggdrasil @ Aug 9 2020, 02:52 AM) Obviously it's an error la. Where got 31 Dec 4712? Just email CS. Shouldn't be any problem la.
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Yggdrasil
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Aug 10 2020, 09:21 PM
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QUOTE(Yggdrasil @ Aug 8 2020, 06:32 PM) Anyone face this issue before? Something wrong with their system? Sent EUR via Instarem.  Here's what happened if anyone's interested
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SUSwendygoh
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Aug 10 2020, 09:28 PM
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Getting Started

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QUOTE(Yggdrasil @ Aug 10 2020, 09:21 PM) Here's what happened if anyone's interested  How much u sent?
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Yggdrasil
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Aug 10 2020, 09:31 PM
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QUOTE(wendygoh @ Aug 10 2020, 09:28 PM) I don't think amount matters. Just SOP I guess.
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SUSwendygoh
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Aug 10 2020, 09:32 PM
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Getting Started

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QUOTE(Yggdrasil @ Aug 10 2020, 09:31 PM) I don't think amount matters. Just SOP I guess. It does matter as if cross certain threshold will be bound for checking
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erizdagreat
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Aug 10 2020, 10:04 PM
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Getting Started

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QUOTE(Yggdrasil @ Aug 10 2020, 09:31 PM) I don't think amount matters. Just SOP I guess. It matters because your transaction was flagged under their anti-money laundering controls. You should try sending smaller amounts (below $1million) first. Just curious, have you ever been convicted of money laundering or financial fraud prior to this?
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Yggdrasil
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Aug 10 2020, 10:16 PM
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QUOTE(erizdagreat @ Aug 10 2020, 10:04 PM) It matters because your transaction was flagged under their anti-money laundering controls. You should try sending smaller amounts (below $1million) first. Just curious, have you ever been convicted of money laundering or financial fraud prior to this? The amount didn't exceed $1m  I would be so pissed if $1m stuck there. Imagine the interest I could've earned. But I frequently deposit there, maybe that's why got flagged. Or maybe Malaysia is flagged as high risk for terrorism financing.
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HolyAssasin4444
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Aug 11 2020, 06:02 AM
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Getting Started

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Wanna ask sifus here if the BigPay -> MaybankSG -> IBKR Citibank still boleh jalan? I just now did a request for wire and the bank listed was Citibank NA. Can still use the FAST transfer route?
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tadashi987
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Aug 11 2020, 07:26 AM
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QUOTE(HolyAssasin4444 @ Aug 11 2020, 06:02 AM) Wanna ask sifus here if the BigPay -> MaybankSG -> IBKR Citibank still boleh jalan? I just now did a request for wire and the bank listed was Citibank NA. Can still use the FAST transfer route? yes, u should get IBKR SG citibank, if you select to fund in SGDdid you select SGD? or you selected USD, thats why you got Citibank NA? This post has been edited by tadashi987: Aug 11 2020, 07:28 AM
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