It's the same system just different frontend, I think, this was the case for Impact and this app for me too. I don't think free US trades is mentioned anywhere, you sure?

here https://globaltrader.interactivebrokers.com/en/pricing.php

since they competing robinhood, so i reckon their pricing must be free thou

oh i just saw the big word Pricing for New US IBKR GlobalTrader Clients

daheck

guess if i trade it gonna follow back IBKR Pro pricing despite using the apps

This post has been edited by tadashi987: Mar 9 2022, 11:50 PM

Now you know free things don't come easy.

savage u

Hi guys, i encountered an issue last night after selling 1 unit of share but i realized that my buying power is reduced by that selling amount.

Cash account. Any sifu can help?

Thank you

your cash not yet comes in... t+2...

FT 100322: https://drive.google.com/file/d/1nessWrOaQ0...iew?usp=sharing

New book to recommend:





https://www.plutobooks.com/9780745345321/tax-haven-ireland/

Found this book from my library's new arrival. Very good read, about 200-page long.

The first 16 pages can be viewd for free online in the above link, but I can't find a full e-book copy for now (still a pretty new book). https://s3.amazonaws.com/supadu-imgix/pluto...80745345321.pdf

Anyway, the first 16 pages would already be pretty eye-opening. Go have a read. (Warning: some minor use of explicit "sex- and porn-related words/lines" in the link. Reader discretion is advised. Caveat Lector)

I found some online trial versions here: https://www.scribd.com/book/540668988/Tax-Haven-Ireland

Some links you will find useful (for extended reading):

https://rupture.ie/articles/tax-haven-ireland (Don't worry, "ie" is country code top-level domain for Ireland)

https://en.wikipedia.org/wiki/Ireland_as_a_tax_haven

https://www.irishexaminer.com/opinion/comme...d-40761102.html

Highly recommend this book for:

1. Investors/prospective investors of Accenture (ACN), Blackrock (BLK), Blackstone etc or major global banks e.g. Goldman Sachs (the book covers tax evasion from the City of London too and tells you the directors of big banks and their roles in corrupted Ireland...)
2. AAPL investors (learn how Apple "transfers" profits to Ireland)
3. UCITS/Irish ETF investors (UCITS could be used as tax evasion vehicles..., the law may change any time. Also good to learn about UCITS' history in general.)
4. Lawyers, bankers, accountants interested in stuff like the Panama papers and how tax evasion works in Ireland in general.

Fun fact (but not really funny, consider that it's Woman's day): The parent company of the world's biggest porn company pays 0.06%-1.2% in effective tax rate (out of total revenue).

Enjoy!

This post has been edited by TOS: Mar 10 2022, 07:48 PM

IBKR sent 2 same email asking if my email belongs to me and will I be trading using that account.

Last month and this month .

Odd 🤔👀

Edit
Account approved!!! Now waiting for Singapore bank account approval. 👀👀

This post has been edited by AthrunIJ: Mar 11 2022, 06:47 PM

For TSMC shareholders (news in Mandarin): https://drive.google.com/file/d/1942zG4OADf...iew?usp=sharing

FT 110322: https://drive.google.com/file/d/1UyXg4ZWfIh...iew?usp=sharing

Hi there, I was wondering what is the better online trading platform for those whose most of the portfolio is just buying and holding?

Both local and global. I am looking at IBKR but not sure if it is cost effective for those like me who is just looking to hold for the longer term with low trading volume.

thanks in advanced

So far for US based stock then ibkr has the lowest fee to non usa citizen and has no more inactivity fee.

Others then you might need to check its fee with other broker.

Choose the tiered fee if low trading volume and buying USA stocks as what I understand 👀

It's hard to relate french fries to semiconductors. But not many know that J. R. Simplot, the founder of J. R. Simplot Company, the biggest supplier of french fries in the US (accounting for one-third of US french fries and hash browns supply in the US) was also the founder of what would become the world's 3rd largest memory maker, Micron.

How a group of "blue collars" farmers manage to rise to the occasion and turn Micron into a hundred billion dollar company? Why is Micron headquartered far from the Silicon Valley but in Boise, Idaho? What does Micron's latest memory technology, which surpasses Samsung, tells TSMC, who prides on hiring "elite uni graduates" in Taiwan?

Read all these in the latest 天下杂志 (issue date 26th of Jan - 22nd Feb 2022): https://drive.google.com/file/d/1hXZTS0vkM4...iew?usp=sharing

Reference: https://en.wikipedia.org/wiki/J._R._Simplot

This post has been edited by TOS: Mar 12 2022, 01:48 PM

Further to what Athrun said, for certain countries like SG, fixed pricing is cheaper than tiered pricing. But in most other markets e.g. HK, US, EU markets, tiered pricing is cheaper.

Most people would forgo the "small extra fees" paid for SGX counters as they have larger US/HK/EU etc. holdings, compared to having to change back and forth between fixed and tiered pricing every 24 hours to buy SG and non-SG stocks.

So, it is possible to frequently toggle between fixed pricing and tiered pricing, right?

For example:

Day 1: I plan to buy shares in only SGX. So, I select fixed pricing.

Day 2: I plan to buy shares in New York Stock Exchange. As such, I change to tiered pricing. Then, I wait till tiered pricing is effective in IBKR, before buying shares in New York Stock Exchange.

For sure, such method is suitable only for those who do not trade very often.

This post has been edited by kart: Mar 12 2022, 06:27 PM

Yup exactly. That's what I tried to do too.

But it takes around 24 hours for the change to take effect. And in a bear market, you probably want to buy "battered" counters that you like on both SGX and NYSE. But since market changes swiftly, you can only pick one side within 24 hours.

thank you for that. most helpful 👍

From what I understand , US based stock is best trading with TD Ameritrade SG. Zero fee. No inactivity fee and min balance.

For other markets, yes, ibkr has the lowest fee.

They only trade USA stocks If I am not mistaken and long ass approval period.

But your choice actually.

Ibkr has world wide market as far as I know.

For SGX HKEX or even China A shares it is best to scout around do not everything use one broker. In investment diversification is impt and for me broker diversification also impt. We never know if broker go ahem. E.g Lehman brothers, Arthur Anderson former one of the big five accounting firm all big name also can fall so have some backup IMHO