Ignore.

Yes. Happen to me last time. Nothing to worry.

Either you pay for it or just get tiget broker for real time data.
Another alternative is open TD account. Deposit in sgd500 and you get real time data.

There's no real time for IB unless you pay for it even on tws. You can just use market rate. But you will get lower premium but it gets filled instantly.

Obviously not.
Ibkr is way cheaper than ifsst like 10x.
Not to mentioned Ibkr offers UK, Europe and Canada market in case you want to buy stuff from there.

You need to fund your interactive broker or it will never get approve. :PYou should be able to login and get account number to fund it.

Give them a call. They have a US toll free number where you can call them via Skype for free to enquire about account opening status.

If I were you, I will do the above. I will use TD over usmart if really Ibkr reject me.

Can use TransferWise but use ACH. Don't direct rransfer.
Avoid instarem. Expensive rates.

Yes. If you want to keep your cost low you need sg bank account. If you want to keep your cost low, not needed.

Keep in mind, by using transferwise instead of banks, interactive broker will audit you about source of fund 6-8 months down the road. You need to give them all the statement they asked (bank statement, transferwise receipt). Failing to give the statement will cause interactive broker to close your account.

If you never fund it, it will never get approved for infinity
That's how IB works.

Just give them sgd100.

This post has been edited by Ramjade: May 1 2022, 03:44 PM

Yes. But you need the cash required to pay for 100 shares as collateral and it will be frozen until the options expired worthless or you buy back to close.

Not sure if you can get use cash as collateral for covered calls. The idea of covered call is you have 100 shares to back it up.

Just get a margin account from ibkr. It's cheap and you don't need to have so much cash lockup.
If things are on sale, you can do covered puts and continue to buy your favourite shares and don't get charged for margin provided your cash balance is still positive.

If you are using cash account, your cash is lock up and you cannot buy your favourite stock when they are on sale as it's lock up in a covere put.

This is a strategy taught to me by my teacher when I was a pure cash guy. Make sense the way he explained it.

Just make sure to control it and don't go crazy selling puts.

This post has been edited by Ramjade: May 5 2022, 02:20 AM

You do know that LSE trade in pence and not pound right?
Hence it's only GBP12.74 or GBp1274

Buy puts or just sell the stock.

You can buy puts in etf sp500 or qqq which is basically the market.
Or you can just sell the sp500 or qqq.

Your choice.

Legal and general. If you bought during pandemic low easily 8%p.a
Trig plc
HICL plc

Are some examples. Recession proof also.

Thet have better companies than STI. STI is a joke.

Of course. Why should I not fund it? Things are on discount now. Miscotsoft hits 250 5his week alone.Nvidia dips to 15x range.

I am buying when I see deals regardles of how is the USD. Better for me to hold USD Vs RM anytime. Dont bother about currency if your goal is at least 10 years.
It have been proven with SGD Vs USD. What more RM Vs USD.

This post has been edited by Ramjade: May 14 2022, 04:14 PM

You want to hold on to lousy ringgit or hold on to USD despite US govt print like crazy.

Also you need to consider US have the best companies in the world.

They are like corsair. People done with stay at home. Not buying new pc etc.

So projected future earnings to decline.

Please go read books like one up with wall Street, the intelligent investor, pat Dorsey 5 rules.on investing, Howard marks most important thing.

Better than your traditional rigid textbook style.

This post has been edited by Ramjade: May 19 2022, 12:52 AM

It's stealing Netflix lunch. So Disney would be a better buy over Netflix.

Can.
https://www.interactivebrokers.com/en/index...p?f=1562&p=asia