Not moomoo. Mplus.

I just checked again. Actually I want to buy not only S-Reits, but also banks and other individual stocks like Sheng Siong. So looking for a broker that can hold for long term.

For FSM, I think it is the most expensive for any SGX stocks. Minimum commission: SGD 8.80 per transaction
For IBKR, it is the second expensive after FSM, with a minimum of SGD 2.50 per transaction

Reference https://docs.google.com/spreadsheets/d/1CmC...dit?gid=0#gid=0


For rights issues on Moomoo, they will generally send you an email or notification to inform you that you have corporate actions to take. I just recently received notification from the recent FCT announcement to acquire the South Wing of Northpoint City

This post has been edited by kslim888: Apr 19 2025, 12:58 AM

I don't buy sreits anymore. Also I don't trust moomoo or tiger even though they have license in Singapore.

Yes. Fsm is expensive I won't deny that. I used to use that when I was holding sreits before tiger and moomoo comes along. At the end of day use what you are comfortable with.

Why you don’t trust MooMoo? In what aspects?

Parent futu is Chinese based. Chinese company needs to obey emperor xi even if they got license outside of china. Good example is tiktok. Chinese govt said cannot sell, hence byte dance cannot sell tiktok.

hows ibkr vs tiger brokers?

if deposit huge fund into ibkr, do they request for proof of funds?

ibkr did alert me for the J69U rights issue. Filled up the form and they deducted the monies from SGD pool. No issues. Only problem that I see is the odd lots which will also.happen to all brokers.

Good to hear that.

hi sifu, question, can i use sunway money to fund IBKR in USD?

watermineral sunway money has to send USD overseas to IBKR (expensive). just use sunway money to send SGD to IBKR (your SG bank acct, then transfer to citibank sg acct)

if you use Wise, you surrender your MYR to Wise MY, and Wise USA gives u USD. then it'll be a domestic USA transfer to IBKR

never mind ignore what i said. you have USA bank account to receive USD or not? sunwaymoney cannot send USD direct to IBKR. if really need to use USD, just use Wise

This post has been edited by Medufsaid: Apr 30 2025, 08:53 AM

Cannot.

I tried to buy cash secured Put in IBKR option. But it said "You are not able to submit this order because you do not have trading permission for this options strategy"

But my Option levels is already lv2.
Any idea why?

You don't have permission to trade options. You can buy data for options but if you don't have permission it's useless.

You need to enable it. Change your portfolio type to speculative and make sure to add few years of options training.

Mplus compared to ITBK and Moomoo: Which one is better in terms of fees, reliability, and stock choices?

what broker is ITBK?

I assume you mean IBKR? Of course IBKR is superior to moomoo in every way.

It's cheaper than moomoo. It have low forex conversion exchange rate. It have multiple market access. The parent company is not a Chinese company.

for IBKR user, how and where you park your cash money? in moomoo i can park in MMF but i not sure how in IBKR.

IB01 is the closest thing to Fullerton SGD Cash Fund.

Buy $BIL watermineral. The 30% tax will be refunded next year Feb

price not adjusted for dividends	price adjusted for dividends

This post has been edited by Medufsaid: May 5 2025, 09:41 AM

I saw this one too, because my fund not big enough, few hundred to maybe thousand plus usd, I am afraid if put money in, can't even cover the platform fee if take out in very short term.