How options compare IB with Thinkorswim in terms of user friendly?

I find TD ameritrade is easy. What do you think?

Depends on what you want.
IB have cheapest margin rate and best Forex rates.
There's commission involve for options trading from IB side.
TD trading commission for options is usually cheaper at usd0.70 Vs IB which can goes up to USD1.50 but lousy margin rate and Forex rates not as good as IB.

If you are based in US/or earning USD, no brainer to use TD.

Copied from IBSG telegram chat where someone asked the same question.

What is margin rate and forex rates?

FT yesterday: https://drive.google.com/file/d/10nzXxqrfOq...iew?usp=sharing

FT today: https://drive.google.com/file/d/1wdcIH9FoIo...iew?usp=sharing

Ibkr rates
1.83%-1.08%p.a unless you are a whale.
https://www.interactivebrokers.com/en/tradi...argin-rates.php

TD SG rates
9.75%-7.75%p.a
https://www.tdameritrade.com.sg/why-td-amer...de/pricing.html

For forrx rate, can't find it but IBKR is spot rate (real time market rates without any markup)

Thanks.

Well just when gonna have fund to invest soon. USD forex rate increased...😭

Hopefully drop during the transfer time. 😆

This post has been edited by AthrunIJ: Apr 6 2022, 06:22 PM

I hope the opposite...

now you know how weak is our MYR... better to invest in countries with strong currency.

depends on what you want to do. if you want to own the stocks via cash-covered puts strategy, just keep it until it gets physically converted to shares (obviously have to be in-the-money or near-the-money)

This post has been edited by Medufsaid: Apr 7 2022, 10:34 AM

O well. Better late than never.

FT 070422: https://drive.google.com/file/d/1iNxuy2dIbR...iew?usp=sharing

Deal all expert, how to receive divided in US stock for IB or TD ameritrade or moomoo?

auto parked into your account balance of the broker. Will get the money on dividend payment date.

Will get the money on.... dividend payment date + 1

Thanks SIFU.

Any good website show future dividend payout?

iirc ibkr got screener for stocks with upcoming dividend...

I wonder how many of us waiting for the EPF withdrawal. And also curious what is the recommendation % reserved for Cash in your portfolio? or it's better to invest every penny in stock.

i practise keeping an emergency fund for 6 months and monthly DCA from my monthly salary

on top of that, additional source like bonus, dividend, I will keep until there is a attractive entry point