US stock trading on Rakuten will go live Jan 2022, no info on fees/details yet 

if their fees are competitive it will be better than IBKR? provided if we can direct FPX from our local banks to it.
Can save so much on Wise fees and avoid audit also.
Will wait for launch and compare the difference.

yep it will be good but doubt it will be as competitive as IBKR, for the tax side still remain unclear how the implementation will be

Sold one stock yesterday and end up my account had - negative value.

Then support replied me I’m using cash account only, need wait for the sales to settle first in 2 days before can use the cash. Amount will appear as “Settled Cash”.

First time selling experience this. Could be the buyer using some sort of offline platform.

Just fyi for you in case you’d experience this later.

Hey Guys, for IBKR it doesn't charge Inactiviy fees anymore?
https://www.interactivebrokers.com/en/index.php?f=4969

If we trade US stocks it will be under Individual Account right?

Also the Fees are minimum USD1 , max 1% of trade value?

Removal of inactivity fee is old news, happened months ago. You open account under your name, then it's your individual account.

For US equity markets, if you use tiered pricing structure, then it's 0.35 USD minimum, 0.0035 USD per share, max 1% of trade value.

Ahh I see...then the tiered is much better than fix right, why would anyone want to select fix then

My friends’ account got frozen for certain time for violating this as well.

P/s anyone knows how u can get an offshore bank account, let’s say an US bank account opened under my own name.

Initial Description: Why is my account balance negative after selling a stock?
Response from IBCS at 03-Jan-2022

Dear Mr. XXX,

Thank you for reaching out.

You have a Cash account, therefore, you can trade as long as you have funds settled in your account or when the settlement date of the closing trade coincides with the settlement date of the trade you want to open.

Every time you execute a closing of positions, you must wait (T + 2) for the day of the operation plus 2 business days for the funds to be settled in your account. (T + 2) applies to stocks, ETFs, ADRs, corporate bonds, municipal bonds, CFDs, and ITU and mutual investment funds. For other products such as options, futures or options on futures the settlement or settlement is (T + 1).

A Broker can have rules that are more restrictive than required by regulators. IBKR's implementation of the free riding rule uses an end of day check to see if a position was closed prior to its opening trade settlement date. This IBKR end of day surveillance would still consider closing a position before settlement a Free Riding violation and automatically puts the account into "Cash Up Front" restriction (only SETTLED cash allowed) for the next 90 days. Your cash account is restricted to only use SETTLED cash.

Please visit the link below for more information about the Free Riding Rule:
https://ibkr.info/article/3101

If you need further assistance, please let me know.

Best regards,
Gabriel C.
IBKR Trade Desk

Careful of day trade pattern too, 5 days account freeze if flagged. No problem if u have 25k usd and above.

It might arise from your stoploss as well..

I kena twice and it was miserable

With good self control margin account can offer many benefits, maybe can consider it too.

Anyone here will consider switching to Syfe Trade after they have launched?

https://www.syfe.com/trade

looks tempting
1) Five free trades, every month, USD 0.99 per trade thereafter
2) Fractional trading
3) SIPC protected
4) Real-time stock quotes

sounds good.. curious to know what is the rate of converting to USD for their trades.