Has anyone here converted their IBKR TradeStation Global account back to full IBKR? Is this even possible? I'm asking because the margin rates at IBKR is much lower.

Speaking of which, I noticed this statement in IBKR website below. It seems that you may get taxed if you sell your stocks for gains < 12 months, eventhough no capital gains tax in Malaysia

US tax law requires the withholding of tax for non-US persons (non-resident aliens) at a rate of 30% on payments of US source stock dividends, short-term capital gain distributions and substitute payments in lieu.

my IB account currency is in USD.
If from tranferwise, i transfer EUR to my IB account, will IB accepted?

No lah. Where got banks take 3%~5%? Around 1%~3% yes. Fintech around 0.6%.

Question; if i want to DCA LSE etfs, for next 5 years, 1k usd each month. Is it advisable yo go pure IBKR instead of whitelabel/saxo/scb?

How trustworthy is TSG?

Would there be any fee for the transfer of the shares from tradestation global to IBKR?

Question on TSG account opening; the base currency is USD or SGD? If i want to buy LSE's ETF.

And is it possible to transfer money directly from a sg account to TSG account?

I know why..coz i put my address in Singapore, they say cannot. Must put malaysian address.

eh... why so weird??

I see. Thanks for the info.
For once, being a M'sian has an advantage. 

Others like TDAmeritrade, Captrader etc also the same? all ban?

Im actually working in Singapore, only afraid that if i solely put Malaysian details without telling them that I am currently staying/working in Singapore, complications might arise - therefore i went pure IBKR.

Thing is: even if i put everything in Malaysia and sg work details, they questioned me on it and the reason why i put work/place of stay is in Sg - never got approve. So guess the only way is either you lie saying everything is in Malaysia or just pure iBKR.

according to the post i read - can buy sgx (now sg cust not allowed) but fees will charge gst

Has anyone successfully withdrawn from IBKR (USD) using Transferwise?

IBKR (USD) - Transferwise - MYR Bank Account

How long does it take for the funds to appear in our Malaysian bank account? I don't have a SG bank account hence I'm looking for a way to bring back some funds.

moosset I double checked. CIMB SG gave better rates than TransferWise. But maybe it is just a coincidence.

I'm not sure how to withdraw USD to transferwise.... because IBKR only transfers to your own bank acc, I think.
but I guess the only way with TW is, IBKR > TW borderless account (USD) > MYR??
but there are charges to withdraw money out of the borderless account, something I despise! 
Really don't understand why you pay extra charges to withdraw from the borderless account. 

Last time, I managed to deposit EUR via Transferwise. I've checked my past transactions. I did it in Dec 2019.

but I never use TW ever since because InstaRem is miles better (except it doesn't have a debit card).
Two reasons why I'm unhappy with charges:
1) they already charge a fee when I transfer money into the account (with currency conversion);
2) I've USD in the borderless acc. I converted it to another currency ABC (with a fee). I used the debit card and spent ABC. That's fine! But then when I needed to withdraw ABC currency to a local bank, there was a charge. It'd be cheaper if I had just convert USD and moved it directly to a local bank account in one transaction. Yes, it's written in the T&C, but doesn't mean I'm happy with it.

Anyway, that's all over now. I don't need to deal with similar transactions in the foreseeable future.

but yes, in your case, it's definitely worth the fees since you don't have a local bank acc.

I saw some of you guys talking about transferring CIMBMY to CIMBSG, are you guys talking about this promo? If it is the zero service fees permanent ah?

https://www.cimbbank.com.sg/en/personal/new...sfer-promo.html

Now I contemplating if I should use the method above or just buka MBB SG acc and then instarem SGD over since I’m an existing MBB user

Read finish. Valid until June

How should i go about this as a Malaysian? i read in one of the previous post that, i should get my SG friend to deposit the money to the IBKR address, and through that it will be a spot currency exchange SGD -> USD?

I don't have a PR/any visa with Singapore Checked the condition seems need these to open the account in Singapore.

With that seems alternative is direct TT from CIMB MY account ?

Ideally, if its still possible would be to set up a CIMB SG account from my current CIMB MY account, then just transfer MYR over & converted to SGD then spot exchange with IBKR for the deposit?

CIMB MY/SG VS Instarem, which do you guys feel its better?

Isn't the Transferwise USD borderless account in your own name? So in that case, USD withdrawal directly from IBKR does not work? (not talking about deposits here)

I have one question to ask, regarding opening a trading account in TradeStation Global.
After filling in the details in https://www.tradestation-international.com/...unt-new-client/, the website was then redirected to https://www.interactivebrokers.com.au/.

After completing account application in Interactive Broker website, the website mentioned about funding my account, but I chose not to fund my account until my account is approved.

My question: where should I upload image of my identification card, bank statement and my pay slip? I did not encounter an upload box in Interactive Broker website.

Thank you for your advice.

im pretty much at your stage as well, a guy from ibkr rang and said will send me some ibkr interface stuff and had to wait for confirmation before proceeding with fundings.

Currently pretty puzzled as to which is the better alternative to proceed with funding. The guy from ibkr suggested citibank for Malaysians, do a direct bank transfer, MYR convert to USD directly. Ramjade, mentioned that this is rather expensive, taking his word on that.

This would mean that i would need to open a SG bank acc either through CIMB MY -> SG (currently not doable anymore, had confirmed) or other bank accounts in order to show my name making the payment for the funding?

Kind of a morbid question. But anyone knows if we have investments in IBKR and something happens, then how does our next-of-kins get access to our assets?

Is it good enough to just include the account information etc in our will?

Just opened my acc in ibkr, then only found out there is going to be a monthly account activity fee of usd10...

Can i withdraw the money to Singapore bank account under other people name?