where did u all sifu buy US stocks? I cant find a reliable broker

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

Is it possible to withdraw funds from IB to a bank account in Malaysia without SG account?

What about using instarem to transfer money from IB to my local bank account?

I manage to fund my ibkr also through m2u, but i get charged usd25.

TT yesterday morning, amount shown in my ibkr acc in the afternoon. Quite fast

Not worth the trouble. If I was so interested in gaining pocket change from forex, I would have done Forex trading instead.

I'd rather spend my time figuring how to make my investments better.

The usd25 is charged by the receipient bank as their admin/processing fees.

I TT 1k, received 975

Exchange rate ok?

Why did some forum users claim Maybank block wire transfer to IB

I think the rates are reasonable so far.

It's not really a block. They will ask for supporting documents from you for the transfer if you try to do it at the counter. They tell me it's a requirement from Bank Negara (not sure?) for them to get supporting documents for transfers of monies used for investments.

I argued that I still don't know what securities I am going to buy, so there aren't any documentation to speak of. Only after buying can I provide documentation. They tell me they can't do anything it's the rule. I told them it's a stupid rule.

Seems like if you do it online, you don't have to go through this process. No documentation needed. However, there is a limit to how much you can transfer TT everyday via M2U. So of you plan to transfer RM100k, you have to do it over a few days. That's the only real hassle.

Alright, I will do just as you ask, using a recent transfer i did:

Direct transfer IBKR USD to Maybank MYR on 19th Mar 2020:
XE.com rate:                4.37245
Actual rate:                4.33271264
Difference:                (4.37245-4.33271264)/4.37245 = 0.9%

So there is a 0.9% loss by transferring directly to Maybank, hardly the 3% that you quoted.
Maybe this is an outlier, lets do another one:

Direct transfer IBKR USD to Maybank MYR on 4th Feb 2020:
XE.com rate:                4.11603
Actual rate:                4.068966
Difference:                (4.11603-4.068966)/4.11603 = 1.1%

Opps, higher, but not by much. Though I think this hardly counts as the bank trying to gorge you on rates.

For the safety & convenience it brings, i would just stick to direct transfers and pay the bank its due reward for a good job.

So Mr. Ramjade, can we stop looking at XE.com now? =)

Huh, it means maybank TT rate is better than Instarem?

I wonder if all these additional rates, at the end of the today would it be better to use local brokerage given that the fees difference are almost the same?

I was comparing my brokerage charges and the IKBR + Instarem. My brokerage charges USD24 + some miscellaneous. Instarem forex fees is around RM90++.

if I don't trade options / futures, just NYSE and Nasdaq, which subscription should I get?

I applied via Tradestation Global website, and currently my trading account application is currently under processing by Interactive Brokers.
Recently, Oscar Vogt, a TradeStation Global Support Rep <globalsupport@tradestation-international.com>, sent an e-mail to me, requesting for my ID.
From my understanding, I believe that I should give my supporting documents to only Interactive Brokers, in Interactive Brokers website.
My question: Do I also need to give my supporting documents, to Tradestation Global? 

Thank you for your information.

The email you gave is TradeStation or TradeStation Global?
I'm trying to help a family member open an IBKR account using TradeStation Global but for some reason they still delayed although she already transferred the funds over.
I've tried sending TSG an email but they haven't replied so just wondering if that's TSG's email.

finally get my TS global up and running with test some funding deposited.

I only found out they can't do fraction share purchases. means I can't even taste of buying Amazon... lolx

any workaround? or I have to save enough for my amazon share?

IB got but TS Global don't have...    strange. I email support they said don't have 

this is IB settings, seems the fraction part not available at whitelable TSglobal

so now, our main goal is to hit that USD $100k mark, then we can migrate to IBKR!!

you worry too much on that $10 fee

Yeah, Ramjade. You should stop sweating the small stuff. Haha

more efficient to rely  trading rather on commission

Other than market data, what settings should I choose in Interactive Brokers, to prevent unnecessary fees being charged?

Sorry, I am still quite new in using Interactive Brokers. The amount of settings in Interactive Brokers can be quite overwhelming for beginners.

Thank you for your information.