Is it possible to link Singapore multicurrency account, DBS or HSBC with IBRK account?

Yes. Can. I link my DBS my account to IBKR for USD deposit frok my USD cashback from shopping.I can send USD straight into IBKR without need to convert anymore.

I don't have HSBC.

Please share the steps

just make sure your friend's also under IBKR LLC. someone in singaporefi reddit referred his friend but not qualified as one in IBKR SG while the other in IBKR LLC

A bit old but I think still work.
https://investmentmoats.com/money/fund-with...rokers-account/

This is newer
https://thefrugalstudent.com/interactive-br...-currency-more/

This post has been edited by Ramjade: Dec 3 2023, 04:50 PM

Hi,
for IBKR, when we place option trade, what to refer so that we can ensure we does not over trade of our account capability ?

ExLiq value.
try not let go below 30% of ur NLV, the higher the safer.

This post has been edited by lamode: Dec 4 2023, 01:36 PM

How to transfer shares from other brokers to IBKR?

https://investmentmoats.com/money/how-to-tr...active-brokers/

If US stocks only ACATS is the way to go.

good news, CSPX has fractional shares support now

Just when I just bought 5 units of vuaa when I couldn't afford one cspx.

Dammit

Interesting (and important) research to share (use a paywall bypass plugin): https://www.ft.com/content/3859b6e0-c80e-4f...b7-eb528ab9e262

The research paper is available here: https://www.tandfonline.com/doi/full/10.108...8X.2023.2268556

This post has been edited by TOS: Dec 13 2023, 06:16 PM

if i decide to liquidate my stocks manually, will IBKR reconvert those auto-converted $$ back into SGD (with or without U$2 charge)? trying to find valid documentation online but there seems to be none

I don't think so. The money is already in USD, the shares are in USD... why would they convert back to SGD...

But you better check with Hoshiyuu as the info ultimately comes from him.

I haven't touched risky assets for some time already...

Liquidate = selling your stock, you get currency back according to your stock's currency denomination.

For me, since I exclusively buy USD denominated stuff, I get USD back, no auto convert.

No auto conversion happens.

Hey guys just want to ask how you guys buy shares if IBKR does not provide real-time data in the stock market?

Unless you are trading then you need real time data. You can slash Google the stock you want to buy, put a limit order at the price you would like to buy and set a GTC order. It will never be filled unless the piece hit that limit. That's how I queue at lower prices


Alternatively you can buy at market price.

Second alternative, open up tiger and use tiger to get real time data. You can use investing.com/trading view.

For me, I don't even bother about real time data. I alway set my order as GTC and let it sit there for months.

Is there any fee / commission imposed by IBKR, if we use Good-Til-Cancelled (GTC) order, even though it may take months for the actual price to reach the price that we set?

Or, IBKR will charge the usual trading commission, only when the price reaches the price that we set?

In other words, in term of the trading commission charged by IBKR, there is no difference between Good-Til-Cancelled (GTC) order, and Limit Order (which expires at the end of the trading day), right?

This post has been edited by kart: Dec 28 2023, 05:02 PM

As far as I am aware you will only be charged once order filled.

This post has been edited by Ramjade: Dec 28 2023, 05:05 PM