Hi all, may I know for InstaRem and Transferwise which one is easier to open account, I know that InstaRem need to interview, how about Transferwise?

Guys just wondering if there are any restrictions on overseas transfers and investments imposed by BNM?
Also any sort of reporting required to BNM?

still checking with TSG, awaiting reply.

for common stock (AAPL) he is paying 33 cents total for 10 shares. Not sure how this maths even stack up

Hi. What I meant was if I had usd in Malaysia foreign currency account, can I transfer it to a cimb Singapore foreign currency account and what will be the cheapest method to transfer to ibkr once it is in a Singapore bank account? Currency is usd and not sgd. Thanks.

Thank you. Was initially thinking that a local transfer could happen between cimb sg and ibkr.

Would be interested to know what's the charges if one were to withdraw straightly from IBKR to MY bank.

Hey guys, I found out that I can link my TW Borderless USD account to IBKR and deposit USD via direct debit. I tried it out by depositing $1 and the amount was debited directly from my TW USD account after a few hours. The money is currently on hold for 4 business days which is one of the downsides I think.

I also tried to deposit $1 by transferring the money directly from TW USD account to IBKR. TW charged $1.05 for this and according to IBKR website, the money would not be on hold if deposit by this method, but they still hold it anyways for 4 business days.

Transferwise -> USD (ACH) -> IBKR. Slow. 7 days for me

CIMB SG -> SGD -> IBKR. Fast, less than 1 hr

Mine is not supported. Guess I cant try this method then.

An update: Both of the methods worked for me and IBKR has released the money.

I am trying to purchase a stock on Chinext via ibkr. My funds are currently all in usd. Do I need to exchange to China yuan first? I can see I have buying power but I assume that is margin.

Is ibkr the most cost effective platform to purchase stocks on the Chinese exchange?

Taking into account the commissions/charges of TSG-IBKR, how much should I accumulate before executing a trade?

I realise recently quite difficult to login to IB Client Portal during US trading time. Anyone here experience similar problem? You guys use TWS or Client Portal?

Hi guys, for IBKR user without subscribe real time market data
the stop loss function will still works?

Example:
Buy 2 USD, Stop loss set at 1.80USD

After 30min
Real time price is 1.80
Delayed price is 2.10

IBKR will still cut loss for us?

HI all,

I am using IBKR TSG, and I noticed that my commissions per trade varies between USD0.35 and USD 1.50.

Previously, when I bought the same share, same quantity at a similar price, the commission charged was USD 0.35.

Now is it USD 1.50.

Any inputs on why is this happening?

just sharing (pardon me if it's known/been shared)..

with regards to deposit/withdrawal of USD, apparently there's option to move USD between TW (Transferwise) and ibkr for zero fee.. it made use of the ACH function, and act like a regular transfer between a US bank and a US company.. will first need to set it up and link ibkr with TW.. once done, then u're good to go

the downside is, as mentioned in here before, there's a 4 day holding period for deposit.. probably a worthwhile trade-off (for certain users) for the foc transfer.. withdrawal is still subject to one free withdrawal per month

just note again that this is specifically between TW and ibkr only.. probably useful for those who have USD balance in their TW USD account.. there will still be fee incurred to top-up USD balance in TW

yes u're right.. only set up in ibkr.. u'll need to provide the TW bank details into it

even deposit and withdrawal are also initiated in ibkr.. just maintain sufficient USD balance in ur TW account to do ur transactions.. eg. initiate a deposit in ibkr, it'll auto deduct from ur TW account.. obviously initiating a withdrawal in ibkr will transfer the fund to ur TW account

exactly.. the verification involved the two small amount credit to ur TW account and subsequently debit the total amount.. for me, once that's done then it's all good so far.. the deposit option should be shown as a saved deposit at that menu, characterized by the nickname u created.. if no, maybe try to re-set up again?