Let me tell you a secret bro. You should never trust your broker's calculated P&L.

Instead, you should ALWAYS create your own Excel spreadsheet and record the transactions/returns on your own.

Brokers design the P&L display in such a way to encourage you to trade more often, and often unnecessarily...

In fact, it's the total return that matters, as you have observed with the case on BIL ETF.

---------------------------------

So, for your answer, yes. Dividend is not counted as unrealized profit just for one day, i.e., the ex-date. IBKR used to deduce the correct dividend amount to be paid and deduct that figure from the daily P&L during ex-date, but in recent months I notice they purposely pretend to be a little more stupid and display unnecessarily large unrealized loses to scare investors.

Maybe just some IT issue, but always have your own records in hand to countercheck yea. 

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Off-topic: I passed my qualifying exam liao. Monthly salary goes up by 500 SGD!

But it is ok to straight away go MYR > Money match/Sunway money USD > OCBC USD > IBKR

Or is it because USD transactions are more scrutinized than SGD?

if your OCBC USD is not a USA bank account, usually you need to use SWIFT (expensive fees) to send from OCBC USD to IBKR. if you are willing to pay the fees, you can do as you like

by contrast, use Wise to send USD to IBKR, only USD1.13 per transaction

OCBC SG Global Savings Account.

Stumbled across this method to send OCBS sg USD balance to DBS sg USD balancehttps://www.reddit.com/r/singaporefi/commen...bc_fcy_account/

Meaning that I will kena swift fees?

Is it better to use Wise then? MYR to money match USD to Wise  to IBKR?

In terms of fees, is it better than the SGD route? MYR to money match SGD to Climb SG to IBKR to USD?

Wow, congrats. Soon you make the big bucks moving millions around with push of button, shaking hands with mega rich, deciding the future of us pipits and moving funds between 8888 account and shell companies.

if you are not a SG pr... ah well so near and yet so far.

if you are a SG pr/citizen, you can open DBS multicurrency account, and then send from OCBC usd into DBS usd, then send to IBKR https://www.reddit.com/r/singaporefi/commen...bc_fcy_account/ https://www.reddit.com/r/singaporefi/commen...bc_fcy_account/if not a local USA bank, you'll have to use SWIFT to do international transfer unless u have something like DBS remitlearn how to compare the fees yourself

• https://transfer.moneymatch.co/
  
• https://wise.com/my/pricing/hold-fees?sourc...R&targetCcy=SGD take note this haven't add in the USD1.13 fees to send to IBKR yet
  

Am I doing this correctly?

Moneymatch SGD

1. RM10k to SGD
- I get SGD 3015

2. CIMB SG to IBKR USD
- USD 2 to convert
- Not sure what is exact rate is, but I'm assuming rate is ~0.748 based on the SGD 10 I have inside
- So USD 2,255 (3015 x 0.748) - 2
- Net USD 2,253

Wise - RM10k to USD

1. RM10k to USD
- I get USD 2,234
- Less USD ~1 to transfer to IKBR
- Net 2,233
It seems like SGD method is superior then. Not even a comparison unless got access to DBS multicurrency account then

Seems like my OCBC SG account is useless then..

Am I doing this correctly?

Moneymatch SGD

1. RM10k to SGD
- I get SGD 3015

2. CIMB SG to IBKR USD
- USD 2 to convert
- Not sure what is exact rate is, but I'm assuming rate is ~0.748 based on the SGD 10 I have inside
- So USD 2,255 (3015 x 0.748) - 2
- Net USD 2,253

Wise - RM10k to USD

1. RM10k to USD
- I get USD 2,234
- Less USD ~1 to transfer to IKBR
- Net 2,233
It seems like SGD method is superior then. Not even a comparison unless got access to DBS multicurrency account then

Seems like my OCBC SG account is useless then..

2. CIMB SG to IBKR USD
- USD 2 to convert
- Not sure what is exact rate is, but I'm assuming rate is ~0.748 based on the SGD 10 I have inside
- So USD 2,255 (3015 x 0.748) - 2

james.6831 malaysians cannot buy from IBKR

anyone bought crypto from ibkr before? lol

ahhh ok noted.

anyone bought crypto from ibkr before? lol

Malaysians cannot buy IBIT on ibkr. Use Moomoo