Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Interactive Brokers (IBKR), IBKR users, welcome!

views
     
kucingfight
post Jul 22 2025, 09:33 AM

Look at all my stars!!
Group Icon
Elite
5,784 posts

Joined: Jan 2003
From: Shah Alam



QUOTE(Medufsaid @ Jul 22 2025, 09:22 AM)
kucingfight for Wise, i recommend you manually convert MYR->EUR in Wise (forgot the fee). and then send the EUR to IBKR (FOC). you'll save the USD1.13

if you are on cash account (not margin), IBKR will auto convert to USD for a fee of 0.03% when you buy. else use Recurring to buy stocks, then IBKR will auto convert for free to USD
*
thanks, yes, i read through ur replies by converting to Euro first, if it's 0.03%, it's the most economical way it will get

i did some check in wise, if converting to MYR-Euro, the charges is around (0.52%) , so basically, saving (USD1.13 & 0.02% if converting USD) , but the saving may become insignificant when the transfer amount gets bigger, as the USD1.13 is a one time fee.

This post has been edited by kucingfight: Jul 22 2025, 09:39 AM
Medufsaid
post Jul 22 2025, 09:46 AM

Look at all my stars!!
*******
Senior Member
3,485 posts

Joined: Jan 2003
kucingfight EUR savings is insignificant compared to SGD banks
QUOTE(Medufsaid @ Jul 21 2025, 12:14 PM)

user posted image
user posted image
*

bokbokchai
post Jul 22 2025, 12:05 PM

Casual
***
Junior Member
455 posts

Joined: Jun 2012


Guys if in future I have plan to withdraw all my usd out from ibkr to my malaysia savings account account. Whats the best way or safest way to do so? I have seen many post and comments on how to convert myr to other currency but no so much on other currency to malaysia.
Medufsaid
post Jul 22 2025, 12:08 PM

Look at all my stars!!
*******
Senior Member
3,485 posts

Joined: Jan 2003
bokbokchai convert to SGD send to CIMB SG and remit back to CIMB MY. or use Wise

or just stock transfer from IBKR back to FSMOne or Moomoo Malaysia
Wedchar2912
post Jul 22 2025, 09:13 PM

Look at all my stars!!
*******
Senior Member
3,587 posts

Joined: Apr 2019
QUOTE(bokbokchai @ Jul 22 2025, 12:05 PM)
Guys if in future I have plan to withdraw all my usd out from ibkr to my malaysia savings account account. Whats the best way or safest way to do so?  I have seen many post and comments on how to convert myr to other currency but no so much on other currency to malaysia.
*
My understanding is you can open a usd account with say CIMB MY, and then transfer the usd from IBKR account to CIMB MY USD.


bokbokchai
post Jul 22 2025, 11:09 PM

Casual
***
Junior Member
455 posts

Joined: Jun 2012


QUOTE(Medufsaid @ Jul 22 2025, 12:08 PM)
bokbokchai convert to SGD send to CIMB SG and remit back to CIMB MY. or use Wise

or just stock transfer from IBKR back to FSMOne or Moomoo Malaysia
*
I’ve always read that cimb is good since wise raise fee.

For converting back to myr, is cimb way cheaper vs wise? Is there a conversion tool or calculator from cimb where I can use it to compare with wise
Ramjade
post Jul 23 2025, 07:29 AM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(bokbokchai @ Jul 22 2025, 11:09 PM)
I’ve always read that cimb is good since wise raise fee.

For converting back to myr, is cimb way cheaper vs wise? Is there a conversion tool or calculator from cimb where I can use it to compare with wise
*
Correction. Cimb is only cheap for SGD-> RM. Not RM -> SGD

Is inside Cimb SG account once you login.

This post has been edited by Ramjade: Jul 23 2025, 07:51 AM
Medufsaid
post Jul 23 2025, 08:30 AM

Look at all my stars!!
*******
Senior Member
3,485 posts

Joined: Jan 2003
QUOTE(Ramjade @ Jul 23 2025, 07:29 AM)
Is inside Cimb SG account once you login.
*
dont need to login to view
QUOTE(bokbokchai @ Jul 22 2025, 11:09 PM)
Is there a conversion tool or calculator from cimb where I can use it to compare with wise
*
cimb https://www.cimbclicks.com.sg/sgd-to-myr
Wise https://wise.com/my/pricing/hold-fees?sourc...MYR&track=false

Compare during working hours

This post has been edited by Medufsaid: Jul 23 2025, 12:52 PM
Medufsaid
post Jul 29 2025, 01:25 PM

Look at all my stars!!
*******
Senior Member
3,485 posts

Joined: Jan 2003
user posted image

https://www.channelnewsasia.com/business/in...stomers-5262671
kucingfight
post Jul 30 2025, 12:19 PM

Look at all my stars!!
Group Icon
Elite
5,784 posts

Joined: Jan 2003
From: Shah Alam



dumb question, isit possible to sunwaymoney to IBKR straight?

technically, i have added the recipient details of IBKR in sunwayapp

This post has been edited by kucingfight: Jul 30 2025, 01:16 PM
Medufsaid
post Jul 30 2025, 01:23 PM

Look at all my stars!!
*******
Senior Member
3,485 posts

Joined: Jan 2003
kucingfight all deposits to IBKR not under an account in your name is treated as money laundering except Wise

In fact wise deposits prior to direct IBKR-Wise integration in 2021-2022 is rejected or has complications also. Below is how it used to be last time 👇
QUOTE
During a routine review of your IBKR account, the IBKR Compliance Department had noted your deposits from Wise Inc.Please note that IBKR typically does not allow third-party deposits. All deposits should come from an account in your name."


This post has been edited by Medufsaid: Jul 30 2025, 01:27 PM
kucingfight
post Jul 30 2025, 01:43 PM

Look at all my stars!!
Group Icon
Elite
5,784 posts

Joined: Jan 2003
From: Shah Alam



QUOTE(Medufsaid @ Jul 30 2025, 01:23 PM)
kucingfight all deposits to IBKR not under an account in your name is treated as money laundering except Wise

In fact wise deposits prior to direct IBKR-Wise integration in 2021-2022 is rejected or has complications also. Below is how it used to be last time 👇
*
Haha, alright. That sums it all
Fantasia
post Aug 1 2025, 05:52 PM

Look at all my stars!!
*******
Senior Member
5,474 posts

Joined: Feb 2009
I bought shares from the same company twice. I found that my second purchase even though with much fewer shares, costed higher commission. May I know what could be the factor?

user posted image
dwRK
post Aug 1 2025, 08:34 PM

the consummate chartist
*******
Senior Member
6,225 posts

Joined: Jun 2006


QUOTE(Fantasia @ Aug 1 2025, 05:52 PM)
I bought shares from the same company twice. I found that my second purchase even though with much fewer shares, costed higher commission. May I know what could be the factor?

user posted image
*
different exchange

Medufsaid
post Aug 1 2025, 11:46 PM

Look at all my stars!!
*******
Senior Member
3,485 posts

Joined: Jan 2003
if you are on IBKR SG, seems like IBKR Lite has just been made available to you https://www.interactivebrokers.com.sg/en/tr...y-ibkr-lite.php


This post has been edited by Medufsaid: Aug 12 2025, 05:33 PM
TOS2
post Sep 10 2025, 02:58 PM

Casual
***
Junior Member
351 posts

Joined: Dec 2024
Not sure who used my referral code to open IBKR account... I got my 200 USD credit today... To my horror...

user posted image

Does anyone have this issue? Wrongly credited with money?
Wedchar2912
post Sep 10 2025, 04:18 PM

Look at all my stars!!
*******
Senior Member
3,587 posts

Joined: Apr 2019
QUOTE(TOS2 @ Sep 10 2025, 02:58 PM)
Not sure who used my referral code to open IBKR account... I got my 200  USD credit today... To my horror...

user posted image

Does anyone have this issue? Wrongly credited with money?
*
Yum yum.... Nice...

Can have a very nice omakase. Lol.
TOS2
post Sep 10 2025, 05:44 PM

Casual
***
Junior Member
351 posts

Joined: Dec 2024
QUOTE(Wedchar2912 @ Sep 10 2025, 04:18 PM)
Yum yum.... Nice...

Can have a very nice omakase. Lol.
*
All in BIL ETF!

Gotta save for my future family... but uhmm... no gf yet... laugh.gif
terradrgn
post Sep 11 2025, 09:38 PM

Getting Started
**
Junior Member
255 posts

Joined: Oct 2007
Delinking TSG from IB don't need to sign form anymore.
Just gotta :-

1. email globalsupport@tradestation-international.com to request delinking
2. wait for notification for delink on IBKR
3. follow steps in notification [mostly confirming account details]
4. wait for delink - 2-3 days

watermineral
post Sep 16 2025, 03:30 PM

Getting Started
**
Junior Member
136 posts

Joined: Apr 2009
hi would like to ask bil or sgov?

427 Pages « < 423 424 425 426 427 >Top
 

Change to:
| Lo-Fi Version
0.0205sec    0.73    6 queries    GZIP Disabled
Time is now: 28th November 2025 - 02:44 PM