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 Interactive Brokers (IBKR), IBKR users, welcome!

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eddie2020
post Sep 5 2020, 12:11 AM

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QUOTE(tadashi987 @ Sep 2 2020, 11:43 PM)
ur ID should have been requested by TSG during account opening process, for my case there is no ID being asked no more once account is created, able to login to IBKR and ready to fund.

yes can fund it with SG CIMB
sending institution can put: CIMB Bank Berhad Singapore
account number is to put in your CIMB SG acc number, correct.
account nickname up to you to change, it is just for your own reference.

remember to put your TSG/IBKR account number at "reference" / "message" when you creating FAST transfer to IBKR SG at CIMB SG portal
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Thanks, i think CIMB sg full name is CIMB Bank Berhad without "singapore"

QUOTE(jas029 @ Sep 3 2020, 09:52 PM)
congrats on getting the ibkr account done.. since they didnt ask for the ID, then so be it.. not as if u purposely submitted a false personal info beforehand i assume?

and yes, feel free to fund ur ibkr account now that it'd been set-up.. sending institution is cimb sg (please input full official bank name) if u're funding it through there.. account number is ur cimb sg account number.. nickname i put my full name (as per both bank and ibkr account)
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yes, i just worried the data or information is not there and if the account messed. thanks for the input

QUOTE(lamode @ Sep 3 2020, 10:49 PM)
i was going to say this, but u replied before me.
if you are not in a rush to use the account, try make a small deposit and withdrawal first.

happened to me with other broker that no issue with deposit n trading for abt a year, when it comes to first withdrawal request, back and forth for a while, but eventually got the funds la.
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TSG told me min is 1k usd, meaning i put in 1k usd and withdraw? then deposit again if the withdrawal sucessful?

QUOTE(jutamind @ Sep 4 2020, 02:55 PM)
this was what i see after submitting the application. no button to upload docs but just the email section....see screen shot below

user posted image
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you have same issue with me which i posted back few page behind. No need upload any doc and account opened lol
jutamind
post Sep 5 2020, 12:15 AM

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Thanks for your help.

Since we'll be creating deposit instructions in IBKR and deposit from my SG bank account to IBKR SG account, anything I have to do in TSG web site? Apart from 1 email from TSG, didn't receive anything else from TSG like login ID etc

QUOTE(jas029 @ Sep 4 2020, 10:42 PM)
yes.. the steps are exactly right.. congrats and all the best
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Ramjade
post Sep 5 2020, 12:28 AM

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QUOTE(jutamind @ Sep 5 2020, 12:15 AM)
Thanks for your help.

Since we'll be creating deposit instructions in IBKR and deposit from my SG bank account to IBKR SG account, anything I have to do in TSG web site? Apart from 1 email from TSG, didn't receive anything else from TSG like login ID etc
*
After opening account via TSG, you don't need to do anything.
All stuff subsequently involve IBKR only.
Login, deposit money, converting money, buy and sell, withdrawing money.

This post has been edited by Ramjade: Sep 5 2020, 12:29 AM
jutamind
post Sep 5 2020, 12:30 AM

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Thanks for the reply. Will try with funding next week

QUOTE(Ramjade @ Sep 5 2020, 12:28 AM)
After opening account via TSG, you don't need to do anything.
All stuff subsequently involve IBKR only.
Login, deposit money, converting money, buy and sell, withdrawing money.
*
VincentCS
post Sep 5 2020, 03:48 AM

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QUOTE(Ramjade @ Aug 25 2020, 04:18 PM)
Theoretically can if you have tw borderless account. Do you have tw birderles account.
How to open borderlands account now? It shows Malaysian can now only send money but not receive it
LostAndFound
post Sep 5 2020, 05:51 AM

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Just to confirm, SG account (MBB or CIMB) is only necessary for easy withdrawal right? Any cons to opening IBKR/TSG first and only doing the SG account later on?

Also, some confirmation on the fees for TSG, it's only the amount which is shown on the link provided in OP (currently 0.007 USD per share), no further hidden charge? Or is that fee in addition to the IBKR fee (different tiers in the OP link, I'm still trying to read and understand)?

Also, I guess no harm when opening TSG account to take advantage of promo like https://www.tradestation.com/promo/cash-reward/ ? (Deposit X amount to get Y additional, where Y is <1% of your deposited amount)

EDIT: Hmmm... going through IBKR opening, when they ask 'net worth' how to calculate that for a married family (we hold funds jointly managed by me, both also income earners, even though most of our bank accounts/investment is theoretically one person's name). Is it very important what figure I put there?

This post has been edited by LostAndFound: Sep 5 2020, 06:37 AM
dwRK
post Sep 5 2020, 07:39 AM

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QUOTE(LostAndFound @ Sep 5 2020, 05:51 AM)
Just to confirm, SG account (MBB or CIMB) is only necessary for easy withdrawal right? Any cons to opening IBKR/TSG first and only doing the SG account later on?

Also, some confirmation on the fees for TSG, it's only the amount which is shown on the link provided in OP (currently 0.007 USD per share), no further hidden charge? Or is that fee in addition to the IBKR fee (different tiers in the OP link, I'm still trying to read and understand)?

Also, I guess no harm when opening TSG account to take advantage of promo like https://www.tradestation.com/promo/cash-reward/ ? (Deposit X amount to get Y additional, where Y is <1% of your deposited amount)

EDIT: Hmmm... going through IBKR opening, when they ask 'net worth' how to calculate that for a married family (we hold funds jointly managed by me, both also income earners, even though most of our bank accounts/investment is theoretically one person's name). Is it very important what figure I put there?
*
sg account for now just save you a bit when bringing usd back to myr due to sgd-myr fx promo... otherwise not necessary

no add on ibkr fees...but got minimum rates ya

that promo is "wrong" site ah...that is ori tradestation US, trade US stocks only... we all talking about tradestation international which is different company... you can still open and enjoy the promo smile.gif

just hantam what you think you are worth ah

This post has been edited by dwRK: Sep 5 2020, 07:41 AM
jas029
post Sep 5 2020, 08:48 AM

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QUOTE(eddie2020 @ Sep 5 2020, 12:11 AM)
you have same issue with me which i posted back few page behind. No need upload any doc and account opened lol
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actually i've tried to tag u regarding this and not sure u've received it..

but feel free to check back to post #2015.. there's actually an option to navigate for ID submission.. at the aforementioned page, click on 'Email, Fax, or Mail' and then 'Fax/Mail Sending Instructions'

highly advisable for u to submit though.. like our experience bro and sis here mentioned, u dont want to run into hiccup when u eventually decided to withdraw
SUSTOS
post Sep 5 2020, 08:51 AM

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QUOTE(night1218 @ Sep 3 2020, 03:26 AM)
sadly no. i kinda dislike the CS,too much hassle and not very efficient.
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Good news!

Received an email from TSG. They say they are still waiting for IBKR to fix this issue.

QUOTE
Hi [my name],



we are still waiting for IB to fix this issue. We will let you know as soon as the problem is solved.



If there is anything else please let us know. You can also use the ticket system on our website.



Kind regards



Christian Walter

TradeStation Global Support Rep


There is hope now. I don't think their CS is so bad. At least they still manage to reply me. biggrin.gif
SUSTOS
post Sep 5 2020, 08:59 AM

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Some more good news, I received the OCBC scrip dividend election form in IBKR today by accessing the CA manager through the "unusual method" mentioned earlier. smile.gif

It's under the "Choice Action" tab.

This post has been edited by TOS: Sep 5 2020, 08:59 AM
jas029
post Sep 5 2020, 09:06 AM

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QUOTE(LostAndFound @ Sep 5 2020, 05:51 AM)
Just to confirm, SG account (MBB or CIMB) is only necessary for easy withdrawal right? Any cons to opening IBKR/TSG first and only doing the SG account later on?

Also, some confirmation on the fees for TSG, it's only the amount which is shown on the link provided in OP (currently 0.007 USD per share), no further hidden charge? Or is that fee in addition to the IBKR fee (different tiers in the OP link, I'm still trying to read and understand)?

Also, I guess no harm when opening TSG account to take advantage of promo like https://www.tradestation.com/promo/cash-reward/ ? (Deposit X amount to get Y additional, where Y is <1% of your deposited amount)

EDIT: Hmmm... going through IBKR opening, when they ask 'net worth' how to calculate that for a married family (we hold funds jointly managed by me, both also income earners, even though most of our bank accounts/investment is theoretically one person's name). Is it very important what figure I put there?
*
QUOTE(dwRK @ Sep 5 2020, 07:39 AM)
sg account for now just save you a bit when bringing usd back to myr due to sgd-myr fx promo... otherwise not necessary

no add on ibkr fees...but got minimum rates ya

that promo is "wrong" site ah...that is ori tradestation US, trade US stocks only... we all talking about tradestation international which is different company... you can still open and enjoy the promo smile.gif

just hantam what you think you are worth ah
*
allow myself to add in a bit regarding net worth..

u're not allow to trade stocks ya if u input ur net worth as below USD29,999.. or something around that figure.. i couldnt recall the exact range.. probably u wont even be allow to proceed with the application if u input ur net worth range as too low.. so u may want to overestimate for this part
dwRK
post Sep 5 2020, 09:20 AM

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QUOTE(jas029 @ Sep 5 2020, 09:06 AM)
allow myself to add in a bit regarding net worth..

u're not allow to trade stocks ya if u input ur net worth as below USD29,999.. or something around that figure.. i couldnt recall the exact range.. probably u wont even be allow to proceed with the application if u input ur net worth range as too low.. so u may want to overestimate for this part
*
minimum $20k for cash account... but is age/account type /product dependent ya
Ramjade
post Sep 5 2020, 02:25 PM

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QUOTE(VincentCS @ Sep 5 2020, 03:48 AM)
How to open borderlands account now? It shows Malaysian can now only send money but not receive it
*
Don't know. Mine was openned before they banned Malaysians.

QUOTE(LostAndFound @ Sep 5 2020, 05:51 AM)
Just to confirm, SG account (MBB or CIMB) is only necessary for easy withdrawal right? Any cons to opening IBKR/TSG first and only doing the SG account later on?

Also, some confirmation on the fees for TSG, it's only the amount which is shown on the link provided in OP (currently 0.007 USD per share), no further hidden charge? Or is that fee in addition to the IBKR fee (different tiers in the OP link, I'm still trying to read and understand)?

Also, I guess no harm when opening TSG account to take advantage of promo like https://www.tradestation.com/promo/cash-reward/ ? (Deposit X amount to get Y additional, where Y is <1% of your deposited amount)

EDIT: Hmmm... going through IBKR opening, when they ask 'net worth' how to calculate that for a married family (we hold funds jointly managed by me, both also income earners, even though most of our bank accounts/investment is theoretically one person's name). Is it very important what figure I put there?
*
Yes and no. It can also be used as place to park money cause IB doesn't give you interest on money inside account). Last time they give but since intereest so low, no more interest. And they give also if money is huge (about 6 figures)

For pricing, see this
https://www.tradestation-international.com/...ng-commissions/
https://www.tradestation-international.com/...ng-commissions/

You want tradestation global (https://www.tradestation-international.com/global/) not tradestation.

Just agak2.

QUOTE(TOS @ Sep 5 2020, 08:51 AM)
Good news!

Received an email from TSG. They say they are still waiting for IBKR to fix this issue.
There is hope now. I don't think their CS is so bad. At least they still manage to reply me. biggrin.gif
*
TSG CS actually quite good vs IB's

QUOTE(jas029 @ Sep 5 2020, 09:06 AM)
allow myself to add in a bit regarding net worth..

u're not allow to trade stocks ya if u input ur net worth as below USD29,999.. or something around that figure.. i couldnt recall the exact range.. probably u wont even be allow to proceed with the application if u input ur net worth range as too low.. so u may want to overestimate for this part
*
Wow didn't know that. Thanks for head up but I have been honest. So far no problem.
lamode
post Sep 5 2020, 03:43 PM

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QUOTE(eddie2020 @ Sep 5 2020, 12:11 AM)

TSG told me min is 1k usd, meaning i put in 1k usd and withdraw? then deposit again if the withdrawal sucessful?

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i have direct ibkr account, and that time i just funded few SGD and it appears in my account.
not sure the case for TGS, i would assume 1k is safer.
Yggdrasil
post Sep 5 2020, 03:51 PM

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QUOTE(eddie2020 @ Sep 5 2020, 12:11 AM)
TSG told me min is 1k usd, meaning i put in 1k usd and withdraw? then deposit again if the withdrawal sucessful?
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Withdraw for what? TSG charges you money if your account falls below <$1,000
tadashi987
post Sep 5 2020, 04:28 PM

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QUOTE(Yggdrasil @ Sep 5 2020, 03:51 PM)
Withdraw for what? TSG charges you money if your account falls below <$1,000
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the $1,000 including your portfolio value right, just to be sure
Yggdrasil
post Sep 5 2020, 05:18 PM

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QUOTE(tadashi987 @ Sep 5 2020, 04:28 PM)
the $1,000 including your portfolio value right, just to be sure
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IIRC, you need to look at the NLV. As long as it's above $1,000 then ok.
night1218
post Sep 5 2020, 10:33 PM

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QUOTE(TOS @ Sep 5 2020, 08:51 AM)
Good news!

Received an email from TSG. They say they are still waiting for IBKR to fix this issue.
There is hope now. I don't think their CS is so bad. At least they still manage to reply me. biggrin.gif
*
yea, i have that too and for 1 week+ till now =)
LostAndFound
post Sep 6 2020, 06:41 AM

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QUOTE(dwRK @ Sep 5 2020, 07:39 AM)

that promo is "wrong" site ah...that is ori tradestation US, trade US stocks only... we all talking about tradestation international which is different company... you can still open and enjoy the promo smile.gif

*
Yeah the account I opened is tradestation-international (as on the OP link) but somehow the promo code when I search got for tradestation. Looks like not applicable la, so no worries.

Thanks for all comments on networth, fortunately my honest net worth is more than the 30k USD figure so honest answer didn't get block for anything. I think my account open di (seems like got two opening procedure, one at TSG and one at IBKR (auto-open after TSG creation)? I got the TSG email, now just need to fund the IBKR account and supposedly will get another TSG email...
chickenessence
post Sep 6 2020, 04:23 PM

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hi guys,

have u guys been receiving email or in IBKR webpage that..
"FYI: Changes in Analyst Ratings

Stock Symbol: Xxx Buy:0(0) , Outperform:3(0) , Hold:6(+1), Underperform: 1(0), Sell: 0(0)

Anyway, where to access this full analysis?
else this kind of analysis doesnt tell any info right?

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