Would there be any fee for the transfer of the shares from tradestation global to IBKR?

Nope. Cause it's internal transfer IBKR -> IBKR

You mean you are using TSG account right? lol i got confused.

Yeah TSG currently but technically it's IBKR's system but using TSG's pricing

Question on TSG account opening; the base currency is USD or SGD? If i want to buy LSE's ETF.

And is it possible to transfer money directly from a sg account to TSG account?

You can always change your base currency
Depends on the ETF what currency is it listed as?

Yes. Been doing that for ages.

it's up to you. You choose when you open the account. You can also change it anytime.

SG acc definitely no problem lah... internationally traded currency.

USD, then is it better i set it as base USD but if i transfer money in, is it better to use SGD for spot rates xfer or USD using multi currency account? Or no difference?

Sorry, how do i transfer money to my TSG account? Do i choose their option of bank wire (is it more expensive) or any other methods? As i chose SGD as base, they gave me only two choices while if i put USD as base, theres more choices.

deposit in SGD, then exchange to USD on the platform. Huge difference, huge savings! Don't let your bank do the conversion.

there's nothing to choose! (I think you need to try logging in and play around and see what is available)
You need to go to the web platform, log in and initiate a transfer. This is just to tell them that you WILL do a bank transfer, but you haven't started yet. All the transfer details will be provided.

using these details, log in to your SG internet banking and perform a local FAST transfer.

As for the currency, you can transfer whatever currency available there, regardless of your base currency.
If your base is USD, you can transfer in GBP, SGD, or whatever. It will store in your account until the day you decide to convert.

This post has been edited by moosset: Mar 4 2020, 06:57 PM

USD has more regulatory barriers. From my experience, CIMB SG does not allow transfers to IBKR/TSG. Meaning if you transfer MYR to USD via Instarem to your CIMB SG Savings Account (USD), you cannot transfer out to IBKR/TSG and can only transfer to other CIMB SG Savings Account (USD).

First, tell IBKR that you will be transferring funds from your bank. Letting them know the Swift code of the bank and the amount. Swift code should be CIMB SG's. You can get the swift code online. Just Google it.

They will give you IBKR's account number and instructions. Something like this:



When you make the SGD transfer, copy the Payment Reference and put it in your transfer details.

Thanks both! Coz it gave me options to transfer in money when i click on deposit money link in the platform.

the options are just (a) what currency you want to deposit, (b) ways you could use to transfer (for some currencies, only 1 way).
IBKR doesn't take money automatically from you; they are just letting you know.

This post has been edited by moosset: Mar 4 2020, 08:28 PM

If anyone has successfully transferred their US stocks held with our Malaysian broker to IBKR, pls PM me.

The procedure for Maybank seems to use a third party clearing house (Apex) with their AC name, but i couldn't change the AC name there other than my own name (under FOP US). Still trying to find out from my broker but they are quite blur

This post has been edited by andrewlimkn: Mar 4 2020, 11:17 PM

I'm trying to send directly to IBKR but the detail here already exceed word limit. What do I do?

Just include as many characters as possible.

I always remove the "/" to save 2 spaces... so for me, just my Uxxxxxxx and characters from my name. Like an airline ticket, the name is not complete.

Okay thanks!

Planning to build a bogleheads 3 fund portfolio, if not just VWRA/IWDA.

Has anyone been able to find out VWRA vs IWDA; which performs better? IWDA? and its lower in costs.

but they track different indices. One is FTSE world, the other is MSCI world. The components are not the same. How to compare?

I tried creating an account with IBKR, it led me to .au website.

Submitted my documents to verify, both rejected without email to notify reasons. I am trying one more time now. Anybody has any ideas on this? Nobody called me to say anything.

.au is the correct website.
If you want to create TSG, make sure you register through TSG before it redirects to IBKR.

What did you send them? You need passport (identity), IC (address) and payslip (if you put fund using salary).

I know why..coz i put my address in Singapore, they say cannot. Must put malaysian address.