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 Interactive Brokers (IBKR), IBKR users, welcome!

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GregPG01
post May 23 2020, 11:48 PM

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QUOTE(moosset @ May 22 2020, 12:06 PM)
1) YES!!

2) US. The bank account is in the US. His address is in the UK.
It's like you've a bank account in Singapore, but your address is in M'sia. So when ppl send you money, do they send to M'sia? No.... because the bank account is in S'pore.  laugh.gif
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I am interested to open an account and fund it. From the screenshot only have the routing number and swift code, how would they know it from me and not other customer?
GregPG01
post May 23 2020, 11:49 PM

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QUOTE(Watta?? @ May 22 2020, 11:42 AM)
Hi guys, need a little help with initial funding of my account to get it activated.
1) Is it a must for initial funding to be a minimum of USD1,000 to get it activated? or any small amount will do?
2) Do i wire the funds to New York or London? kinda confusing as they asked to wire to new york, but bank address given is in London

user posted image
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I am interested to open an account and fund it. From the screenshot only have the routing number and swift code, how would they know it from me and not other customer?

GregPG01
post Jan 30 2021, 11:55 AM

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From the "trader workstation", I clicked on "launch market data subscription manager" . That brings me to CHROME and I see the following.

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North America
Quote BundlesSubscriptions: 0
Cboe One Add-On Bundle
Realtime streaming quotes from the four Cboe US equity exchanges. In order to subscribe to Cboe One Add-On Bundle (NP,L1), the user must already be subscribed to US Securities Snapshot and Futures Value Bundle (NP). Fee is waived if commissions generated are greater than USD 5.00. Requires TWS Version 978 and above.
USD 1.00 /Month

A monthly USD 1.00 fee will be waived whenever the monthly commissions generated in the account reaches USD 5.00.
US Equity and Options Add-On Streaming Bundle
Includes streaming realtime quotes for NYSE (CTA/Network A), AMEX (CTA/Network B), NASDAQ (UTP/Network C), and OPRA (US Options). In order to subscribe to US Equity and Options Add-On Streaming Bundle (NP), the user must already be subscribed to US Securities Snapshot and Futures Value Bundle (NP).
USD 4.50 /Month

Level I (NBBO)Subscriptions: 0
Cboe One
Realtime streaming quotes from the four Cboe US equity exchanges. Requires TWS Version 978 and above. Price will be revised to USD 1.0 as of November 1, 2020.
USD 1.00 /Month


NYSE (Network A/CTA)
Real time market data for NYSE listed stocks. Provides top of book bid/ask/last quotes. Examples - CYS, TEL and LLY.
USD 1.50 /Month

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Just need NYSE and NASDAQ prices. Which 1 should I choose to subscribe so that I don't trade blind.
Is this the correct way to subscribe to the price feeds ? Or is there an option buried somewhere. Thank you.

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Edit: if I go to Account Management in the web then I can see the long list. Below is what I think most suited. Correct ?

NASDAQ (Network C/UTP)
Provides real-time data bid/ask (top of book) quotes for NASDAQ listed securities. Examples - MSFT, CSCO and TSLA.
USD 1.50 /Month

NYSE (Network A/CTA)
Real time market data for NYSE listed stocks. Provides top of book bid/ask/last quotes. Examples - CYS, TEL and LLY.
USD 1.50 /Month

This post has been edited by GregPG01: Jan 30 2021, 12:30 PM
GregPG01
post Jan 30 2021, 10:33 PM

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QUOTE(Ramjade @ Jan 30 2021, 07:28 PM)
No need. For us market very easy to get free live data. Use investing.com/MarketWatch.

You can use webull and tiger brokerage (free of charge to oo n and no need deposit money for free data)
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Thank you for much. Save US3 bucks per month .

GregPG01
post Sep 26 2021, 08:56 PM

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I have been getting this email since Friday.
Margin cushion: 8.57% remaining (UXXXABCD).

I see in the notification settings .
Account Notifications
Notify if account margin or daily price P&L change exceeds bounds
Margin Cushion 10%

But I believe I am on cash account and not margin.
Account Type Individual
Customer Type Individual
Account Capabilities Cash
Base Currency USD

So I can just ignore all this emails or remove this notification right ? notworthy.gif
GregPG01
post Nov 18 2023, 12:04 PM

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Anyone enable this "Stock Yield Enhancement Program" ?

Stock Yield Enhancement Program
Settings
Stock Yield Enhancement Program
Configure Your Stock Yield Enhancement Program

The Interactive Brokers Stock Yield Enhancement Program helps you generate extra income and may increase total returns. Program participants receive 50% of a market-based rate when lending their fully paid securities to IBKR. You can sell your shares at any time without any restriction and may terminate your participation at any time for any reason.


https://ndcdyn.interactivebrokers.com/Unive...iew?formdb=4215

In the event that the holder of a security borrowed from you is entitled to
elect the type of distribution to be received from two or more alternatives, you shall be entitled to make
such election by timely notification to IB. However, you will receive substitute payments (e.g., a cash
substitute payment) in lieu of receiving dividends or other types of distributions directly from the issuer.
Certain unique distributions may not be capable of being exactly replicated as a manufactured payment by
IB. For example, cash payments in lieu of dividends may not be afforded the same treatment as qualified
dividends for tax purposes and are likely to be taxed at a higher tax rate for U.S. taxpayers instead of the
preferential qualified dividend rate.


I wonder if this will change the withholding tax for us.

This post has been edited by GregPG01: Nov 18 2023, 12:20 PM
GregPG01
post May 9 2024, 08:35 PM

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Having a difficult time trying to understand the statement for dividends.

Anyone know how long before IBKR deposits the dividend to our cash balance after payment date ?

Thanks.
GregPG01
post Oct 10 2024, 07:52 AM

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https://www.interactivebrokers.co.uk/en/gen...a-malaysia-drop

Seems like the deposits does not accepts direct MYR...

Anyone tried or know what is the commission rate for buying KLSE stocks ?

Edit: found the answer 3 pages back.
Min Rm12 . Not worth the trouble.

This post has been edited by GregPG01: Oct 10 2024, 08:19 AM
GregPG01
post Apr 22 2025, 08:44 AM

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QUOTE(Ramjade @ Apr 18 2025, 07:18 AM)
I don't recommend IBKR to for s-reits. You are better off with fsm as s-reits will always ask for money.

Rights issue on fsm is easier than IBKR. IBKR should be for stuff that don't ask for rights.

No experience with rights on moomoo.

Ibkr is cheap. Check again the price.
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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.

 

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