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 Interactive Brokers (IBKR), IBKR users, welcome!

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TSmoosset
post Nov 29 2019, 02:16 PM

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QUOTE(DiamondRuby @ Nov 29 2019, 02:01 PM)
Thanks Sifu,
I think, first SGD1k have to grant to CIMB.
For long run, I will use Instarem

BTW, From CIMB@SGD to Interactive broker. How long leadtime the amount will appear?
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yes, that's what most of us did.

within 24 hours, I think. It was quite fast.
TSmoosset
post Dec 3 2019, 05:36 PM

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QUOTE(DiamondRuby @ Dec 3 2019, 04:39 PM)
To all Sifu,

Whats the different between FXCONV vs IDEALPRO ??
Both also same rate, & appear same amount to account
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wah ... you've discovered so much...

I still don't have time to go through all the functions.
TSmoosset
post Dec 3 2019, 11:55 PM

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QUOTE(roarus @ Dec 3 2019, 05:00 PM)
IDEALPRO creates a virtual position you can see in your portfolio e.g. USD.SGD
FXCONV does not
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what's the purpose of showing this virtual position in your portfolio?
TSmoosset
post Dec 4 2019, 11:40 AM

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I wanted to do DCA but I can't find the date of my last transaction. Anyone knows? I can't find it on TWS.

If I go through the portal and click transactions, there are only transactions for deposit / withdrawal. I want trading transactions.
TSmoosset
post Dec 4 2019, 04:14 PM

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QUOTE(DiamondRuby @ Dec 4 2019, 03:15 PM)
Hello, All Sifu,

Just a fast Question,
1) I did transfer to my CIMB@SG for 1st SGD1k. - Done.
2) CIMB@SG will send me an activation code for CIMB@SG click?
3) After that,how to perform Transaction to IBKR? using Money transfer function?
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wah... which gen are you? laugh.gif

1. through IBKR, initiate a transfer position. This is to tell them that money is coming.
2. Transfer details are given by IBKR.
3.Via CIMB (SG), make a favourite 3rd party transfer (I can't remember the exact name).
You can skip this step but if you do, next time you have to fill in the details for IBKR SG bank acc.
4. Make a FAST transfer on CIMB (SG) to IBKR.
TSmoosset
post Dec 4 2019, 11:34 PM

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QUOTE(DiamondRuby @ Dec 4 2019, 11:26 PM)
Thanks..

Actually I'm stuck on step 3.
I only can see my CIMB(SG) account via CIMB@MY website..
I don't have CIMB@SG = my question is how to activate CIMB@SG?
In CIMB@MY not able to do transfer. Thats why I ask this question..
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after you transfer SGD 1k to your CIMB (SG), they should contact you (if they don't, send them an email).
After they call you, then they'll send you an sms to activate CIMB (SG) acc.

I had to email them.... for others, it may be automatic.
TSmoosset
post Dec 5 2019, 12:14 AM

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QUOTE(DiamondRuby @ Dec 4 2019, 11:41 PM)
Thanks again.. Now I'm clear..
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if you're trading in EUR or HKD, you can use instaRem straight away...
TSmoosset
post Dec 5 2019, 03:59 PM

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QUOTE(rotijon25 @ Dec 5 2019, 10:58 AM)
Guys,

Quick question.

1) I recently applied for an interactive brokers, but i found out about this whitelabel accounts, how do i transfer my IB account to be under white label?

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Possible to connect directly if the IB acc is based in the UK.

I also opened one IBKR acc before but it was US based, so they couldn't link it.
TSmoosset
post Dec 5 2019, 05:09 PM

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QUOTE(rotijon25 @ Dec 5 2019, 04:59 PM)
Ah damn, i dont think mine is the US based one. Do i have to cancel it and reapply?
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no need to cancel ... just apply for a new one. That's what I did.

Unless you activated it already, i.e. first deposit has already been done.

Otherwise, just ignore it.
TSmoosset
post Dec 6 2019, 07:39 PM

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QUOTE(toiletking2006 @ Dec 6 2019, 07:28 PM)
I was being charge sgd1.37 for Nov 2019 by IB as account minimum fees.
My IB is affiliated with trade station global
Does anyone have the same fees charged as well?
From July to OCT no account  minimum fees was charged
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what? so there's a 1usd fee?

did you email them?
TSmoosset
post Dec 7 2019, 11:03 PM

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QUOTE(Yggdrasil @ Dec 7 2019, 10:45 PM)
I have 2 questions.

1) I opened a TradeStation account but it lead me to IBKR.
After I opened IBKR, I was unable to follow the instructions to convert to TradeStation. I made a trade and both TradeStation and IBKR emailed me about the transaction. TradeStation also said thank you for funding via TradeStation. Is it safe to assume my account is under TradeStation?

2. Do I have to trade under TradeStation or I can use IBKR like usual to enjoy TradeStation fees? For some reason I don't know how to use TradeStation.
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correct me if I'm wrong but here's my understanding.

If you opened your acc with IBKR first, then you need to link with TSG by following their instructions. If you opened your acc with the link via TSG website, then it's already linked.

When you go to IBKR portal (after login), you'll see a TSG icon on the left hand side, along with IBKR icon, although in my case, maybe I'm using mac, that's why that icon is just a blank white rectangle.

You can trade via IBKR platform (TWS) or TSG platform. It's up to you. Since I'm using mac, I can't use TSG platform. In order to use the TSG platform, the IBKR and TSG platform must run simultaneously. Run IBKR first, then run TSG with the login details you received.

This post has been edited by moosset: Dec 8 2019, 11:12 PM
TSmoosset
post Dec 10 2019, 08:11 PM

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QUOTE(Yggdrasil @ Dec 10 2019, 08:00 PM)
I have a question regarding Instarem.
I am trying to send money from MY to my SG CIMB account.
Why is Malaysia not listed in country of residence on the Instarem website? :/
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HAA!! You have the same problem as me! Now you need to restart!!

When you start instarem from the very beginning, even before verification, you chose a country already. And once chosen, it cannot be changed! You can only transfer money from your country of residence (or chosen country).

If you choose SG in the beginning, you can only send SGD.
TSmoosset
post Dec 10 2019, 08:25 PM

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QUOTE(Yggdrasil @ Dec 10 2019, 08:14 PM)
bangwall.gif So it means I have to open another account? I don't have have an address in Singapore, only passport and CIMB SG account. How oh?  sad.gif
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I'm confused... you're trying to send MYR using InstaRem to your CIMB (SG) acc right?

then you need to create a new acc (with a different email address) with Malaysia as your country of residence (from the very beginning). Then you can send MYR via InstaRem.
TSmoosset
post Dec 10 2019, 08:34 PM

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QUOTE(Yggdrasil @ Dec 10 2019, 08:30 PM)
Yes.
I'm quite sure I selected Malaysia.  rclxub.gif
In fact, my profile says my address and nationality is Malaysian.

But Malaysia is missing.
user posted image
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I see. You are talking about this part.
If you can choose to send MYR, then you've selected Malaysia. You're on the right track.
No need to re-start.

Just choose any country. I know it sounds stupid... but it works.

This post has been edited by moosset: Dec 10 2019, 08:34 PM
TSmoosset
post Dec 11 2019, 03:01 PM

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QUOTE(kart @ Dec 11 2019, 09:22 AM)
I am wondering whether we, as Malaysians, can open Instarem Singapore account, so that we can send SGD, to our savings account in other countries (other than Malaysia and Singapore).

Let's assume that a Malaysian already has a Instarem Malaysia account, is working and staying (renting a room) in Singapore, with employment pass.

With the employment pass and an address in Singapore, can this Malaysian open Instarem Singapore account? In other words, Instarem Malaysia account and Instarem Singapore account coexist under the same person.
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yeah, as Ramjade pointed out, if you've a residence permit / employment pass, definitely no problem!
just open another acc with another email address.

but then, last time InstaRem emailed me that, one person can only have one active acc. So as long as they don't know and don't check, it should be fine.
TSmoosset
post Dec 13 2019, 08:30 PM

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I converted HKD to USD and now that transaction still shows in my portfolio USD/HKD. How to remove it?
TSmoosset
post Dec 16 2019, 11:37 AM

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Did you guys notice this?

Under the financial instrument in TWS, I bought SXR8.
but if I go via the portal and under report > trades, it says CXPS as trade symbol.

Why they use two different symbols for the same product? Very confusing!
TSmoosset
post Dec 16 2019, 01:25 PM

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QUOTE(dwRK @ Dec 16 2019, 12:38 PM)
all the best

I got email saying account approved...only then I fund it
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I was about to say this. That's what I remember too.
TSmoosset
post Dec 16 2019, 02:00 PM

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QUOTE(8kelvin @ Dec 16 2019, 01:38 PM)
Hi Ramjade,

I am an IB pro account holder for 2 years now, every month, they charge me for $20 plus (for inactive fee + real time data).
And I only trade US stocks and ETF.

Do you think I could switch my account to lite, to save this monthly charges?

What are the different between IB pro and lite if I only trade US stocks and ETF?
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He's using whitelabels to skip the charges.
Do you know "whitelabels"?

No, most of us are not subscribed to real time data.

Lite is only available to US & India residents.
TSmoosset
post Dec 19 2019, 10:21 PM

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In the TWS, how do I see the % of unrealised profit?
I can see the actual unrealised profit but I want to see a percentage. Where do I find it?

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