Interactive Brokers (IBKR), IBKR users, welcome!
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 Jan 3 2022, 04:57 PM
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#1
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Junior Member
501 posts Joined: Apr 2020 
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Hey Guys, for IBKR it doesn't charge Inactiviy fees anymore?
https://www.interactivebrokers.com/en/index.php?f=4969 If we trade US stocks it will be under Individual Account right? Also the Fees are minimum USD1 , max 1% of trade value? |
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Jan 3 2022, 07:37 PM
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#2
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Junior Member
501 posts Joined: Apr 2020
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QUOTE(TOS @ Jan 3 2022, 05:26 PM) Removal of inactivity fee is old news, happened months ago. You open account under your name, then it's your individual account. Ahh I see...then the tiered is much better than fix right, why would anyone want to select fix thenFor US equity markets, if you use tiered pricing structure, then it's 0.35 USD minimum, 0.0035 USD per share, max 1% of trade value.  |
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Mar 8 2022, 01:30 PM
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#3
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Junior Member
501 posts Joined: Apr 2020
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QUOTE(Sky.Live @ Mar 4 2022, 07:30 PM) I did that How much did you save?The banker called me and emphasize need to direct transfer from CIMB instead of wise.. |
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Mar 8 2022, 09:54 PM
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#4
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Junior Member
501 posts Joined: Apr 2020
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Guys , anybody recently just open CIMB SG?
For the SGD1,000. The banker from SG called me and say must transfer via their direct transfer from cimb clicks and not WISE or other 3rd party platform.. Can i just transfer like a few ringgit then transfer SGD1,000 from WISE? Their rates so much difference from WISE Cimb: 3.118 Wise: 3.085 (after Fees) |
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Mar 9 2022, 08:30 AM
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#5
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Junior Member
501 posts Joined: Apr 2020
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QUOTE(Takudan @ Mar 9 2022, 01:03 AM) That is in fact what I did. I even funded my CIMB SG account before I could access its internet banking haha. They just called me (as part of the verification process) to say please transfer something like 1sgd via CIMB MY. Nice, maybe I would do that and pray that the banker doesn't call to scold me haha...Note: look at final amount you get, not the transfer rate, because then you would also take account of the transaction fee. Yeah I was talking about the final amount. For 1000SGD CIMB FAST was: 3118 While WISE is : 3085+ That's 2 Starbucks difference 🤠|
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Mar 9 2022, 08:31 AM
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#6
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Junior Member
501 posts Joined: Apr 2020
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QUOTE(TOS @ Mar 8 2022, 10:36 PM) Why didn't you ask the banker when they call you? I did he specifically said first transfer of SGD1000 must direct.BUT I feel like saving a few bucks keke TOS liked this post
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Aug 14 2024, 11:04 AM
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#7
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Junior Member
501 posts Joined: Apr 2020
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Guys from Wise To IBKR previously it incurrs USD 0.39 , and recently I deposited and they charged me USD1.13.....are you guys already aware of this? I am unable to find back the article on the fees again. It seems so much of a hike basically almost 3x
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Aug 14 2024, 11:23 AM
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#8
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Junior Member
501 posts Joined: Apr 2020
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QUOTE(coyouth @ Aug 14 2024, 11:14 AM) they didn't give fees discount as promised for those that sign up from referral code as well. What's happening with Wise? I've previously done a content and I clearly remembered its USD 0.39, unfortunately i didn't link up the article regarding the fees of USD 0.39. It seems like they removed it? I'm uploading both image here for comparison. One was done 3rd April 2023, and another was 30th July 2024 https://www.youtube.com/watch?v=bxT_xvRrNVI   |
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Aug 14 2024, 12:21 PM
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#9
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Junior Member
501 posts Joined: Apr 2020
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QUOTE(Medufsaid @ Aug 14 2024, 11:30 AM) HumbleBF refer to this. original page taken down but i've made a screenshot Holy....you are the only one with this screen shot... A 290% increase! Wtf Wise why.. |
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