I have been using instarem to fund my IB with HKD. So far no problem. IB received within 6 hours.

Hi sifus, would like to ask, let say for US based brokers, they do ask to fill in FIRST NAME and LAST NAME. For exp let say my name is NG XIAO MIN where i
fill NG as last name/surname and XIAO MIN as first name/given name hence give the name of XIAO MIN NG. Hence when performing wire transfer from local Malaysian bank, will the bank show the sender's name according to NRIC (NG XIAO MIN)? So when transfer to us broker account which carry the name XIAO MIN NG, will the fund be rejected and redirected back due to the misalignment of the name convention?

Hope sifus can shed some light on this and here i thanking you all in advance :)

Won't be rejected.

you got your money alrd?

Yes IBKR received within 5 hours after Instarem sent the email.
Panicking a bit because first time sending EUR directly.

Yes IBKR received within 5 hours after Instarem sent the email.
Panicking a bit because first time sending EUR directly.

How do I open ibkr lite ...when I registered there's no option to choose and was diverted to ibkr pro.

ibkr lite not open for malaysian not sure if they will open in future?

IBKR lite is for US citizens only as for now.

yes its for US citizen only

Anyone here knows why I am unable to buy/sell options although I've been approved? It keeps on saying I don't have permission but account management says I do and any changes to my details will downgrade my permission for options (making me ineligible to trade).

Fund your account.
Apply for trading options.
Send them a message from IBKR to activate it.

Is there a minimum balance for options? Because my account may have fallen in value the past few days lol

Here it says no permission.


Here it says if I change, I am downgrading and removing options.


This post has been edited by Yggdrasil: Mar 15 2020, 10:45 AM

call them.... they have increased margin on their products since financial crisis has started ... call them... hong kong ibkr will be opened tomorrow.

account value drop below XXXX...margin account temporary becomes cash account afaik...

Hmm. I read somewhere that $10k is the minimum for margin but they already eliminated the minimum some time ago. But my account is more than $10k. I guess it's a sign that I shouldn't be gambling on options

margin for stocks different from margin for derivatives ...don't know your case so hard to say why... account details may give clue to why...

if can buy last time but now cannot...most likely available margin is below initial margin to buy your put option

This post has been edited by dwRK: Mar 15 2020, 12:21 PM

I try searching fx and futures stuff nothing comes out... looks like ibkr changed all our permissions...

edit...looks fine on pc...not on mobile...haven't tried any trades so dunno for sure

This post has been edited by dwRK: Mar 16 2020, 08:08 AM

For Instarem, which currencies give better rate? EUR, SGD or HKD?

Hi All

successfully open an account with IBKR and funded using both instarem and transferwise. I transferred HKD.

learning the TWS platform now, so so so complicated and un-user friendly.

anyone here subscript to market data? the data for HK market is so expensive. can please share with me if I plan to do both Mini HSI futures and stock, which data should I subscript to, really confuse