How much are the bank charges and forex how much above the spot rate?

Go check xe.com. Make a tranafer back and you will know your answer. Minus how much you received vs what's shown on xe.com is how much the bank takes.

Yes I know that. I think the bank is gonna take a lot that's why I was asking info from those who have done it.
At the moment, I'm transferring MYR to USD using Instarem which is pretty cheap. Just worried when I wanna withdraw, transferring the other way USD to MYR using conventional TT is gonna be super expensive.

I believe different banks have different TT charges but vary slightly only from RM25-40 + not favourable ex rate + IB may not receive the full exact transferred amount.

Pls share ur experience if u r able to trf USD vis instarem to IBKR as I believe not able to do so unless it's EUR/JPY.

InstaRem got JPY?

Interactive Brokers (IBKR)

To use IBKR, you have 3 options:
1. via IBKR main website;
2. via TradeStation Global, TSG (not to be confused with TradeStation International);
3. via Captrader, please refer to another thread.

via IBKR
Just google Interactive Brokers and register there.
There's a monthly activity / inactivity fee of $10 per month, but can be waived if your total asset is above $100k.
If you can meet the min requirement, this would be better as their fees are lower than TSG.

Fees - https://www1.interactivebrokers.com/en/index.php?f=1590
via TSG
No monthly inactivity fee if balance is above $1000.
After registration, you'll have access to two platforms:
1. You may use the IBKR platform known as Traders Work Station (TWS) on both Windows and MacOS.
2. You may also use the platform developed independently by TSG, only available on Windows.

Fees - https://www.tradestation-international.com/...ng-commissions/
Money transfer
These methods have worked in the past:
1. InstaRem: transfer EUR, HKD, SGD to IBKR;
2. CIMB: transfer money (via CIMB transfer or InstaRem or Transferwise) to CIMB SG, from CIMB SG to IBKR in SGD;
3. Transferwise: transfer EUR, SGD, HKD to IBKR;
4. Bank Islam (over the counter);
5. Maybank Internet banking, about $25 for fees.

Not proven yet:
1. BigPay;
2. deposit USD via InstaRem, Transferwise.
Notes:
1. Your IBKR base currency doesn't matter. You can deposit in any currency!!!
2. For live market data, subscription fees may be required.
3. Whether it's account opening or trading or money transfer, it's really not that difficult. Just click, click, click.... and you'll find your way. Nothing is finalised until you click the final button CONFIRM etc etc. So, don't worry!
Special thanks to:
1. Ramjade
2. dwRK
3. Yggdrasil
4. powerlinkers
5. erizdagreat

I need help as I got rejected from IBKR by using Instarem transfer (Maybank) - USD.
Does it mean I only can transfer SGD to IBKR from Instarem?

via TSG
No monthly inactivity fee if balance is above $1000.

Fees - https://www.tradestation-international.com/...ng-commissions/

Which USD 1000 balance is that? The total value of shares held via TradeStation Global, or amount of cash kept in trading account?

I could be wrong, but I checked through https://www.tradestation-international.com/...ng-commissions/ and this website does not mention about the requirement to have USD 1000 balance.

Thank you very much for your clarification, moosset.

I need help as I got rejected from IBKR by using Instarem transfer (Maybank) - USD.
Does it mean I only can transfer SGD to IBKR from Instarem?

I don't think TSG has inactivity fee. The picture you show is just for one off account opening.

anybody try transfer money out of IB to another broker ? there are several methods eg. ACAT but the easiest seems to be wire transfer. any idea ?

Which USD 1000 balance is that? The total value of shares held via TradeStation Global, or amount of cash kept in trading account?

I could be wrong, but I checked through https://www.tradestation-international.com/...ng-commissions/ and this website does not mention about the requirement to have USD 1000 balance.

Thank you very much for your clarification, moosset.

Can transfer to IBKR any currency (as long accepted by IBKR) from Instarem except USD.
If want USD, need convert in IBKR after you transfer other currencies (EUR, SGD, GBP).
I don't think TSG has inactivity fee. The picture you show is just for one off account opening.

There is!

source: I emailed them!

CS: IB would charge $1 minimum activity fee if the account balance is below $1000 and there is no trading in the month.
Me: Just for more clarity, if one has balance above $1000 but with no trading activity in that month, is there a minimum activity fee?
CS: About the minimum activity fee, your understanding is correct. As long as you maintain the account balance over $1000, there is no minimum activity fee.

Thanks for finding the source!
There is!

source: I emailed them!

CS: IB would charge $1 minimum activity fee if the account balance is below $1000 and there is no trading in the month.
Me: Just for more clarity, if one has balance above $1000 but with no trading activity in that month, is there a minimum activity fee?
CS: About the minimum activity fee, your understanding is correct. As long as you maintain the account balance over $1000, there is no minimum activity fee.

Thanks for finding the source!
There is!

source: I emailed them!

CS: IB would charge $1 minimum activity fee if the account balance is below $1000 and there is no trading in the month.
Me: Just for more clarity, if one has balance above $1000 but with no trading activity in that month, is there a minimum activity fee?
CS: About the minimum activity fee, your understanding is correct. As long as you maintain the account balance over $1000, there is no minimum activity fee.

Thank you very much for sharing the source of the USD 1000 requirement. 

If the total value of shares held via TradeStation Global is more than USD 1000 but no cash is kept in trading account, there should not be USD 1 minimum activity fee being charged, right?