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 Interactive Brokers (IBKR), IBKR users, welcome!

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Krv23490
post May 3 2020, 09:00 PM

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QUOTE(alexkos @ May 3 2020, 06:15 PM)
kantoi instarem i try 5 times bank in USD to IBKR Citibank USA tak boleh

kata recepient cannot see the 'name and notes'. Instarem insisted they sent the notes.

zz
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open cimb sg ? and transfer from there ?
Krv23490
post May 3 2020, 11:27 PM

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QUOTE(erizdagreat @ May 3 2020, 10:06 PM)
Don't transfer straight from bank. Any bank. Or else @Ramjade will come and say "you like giving free money to banks biggrin.gif"
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Use Instarem, transfer to CIMB SG, then FAST transfer to your investment platform
Krv23490
post May 7 2020, 11:32 AM

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Just opened IBKR via TSG . Account opening takes approximately 4-5 days .

Which trading platform do you guys use ? TSG or TWS ?
Krv23490
post May 11 2020, 11:59 PM

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QUOTE(Chanching @ May 11 2020, 11:38 PM)
Guys Im halfway thru registration on IBKR website but Im stuck at the ‘Signature’ section.. There’s no file dropbox or anything.. Its just keyboard oriented. I know this is dumb but how do I type out my signature lol using a keypad lol.
Any help? Pls..
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Hahahaha, type back the name you see on the left bro
Krv23490
post May 12 2020, 08:53 PM

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QUOTE(Chanching @ May 12 2020, 08:29 PM)
Thx bro that worked haha. How abt the part where I have to declare my netwrth & salary. Im still a student so obvs I dont have like 40k USD above but it seems they only allow registration if around there..

Also, the last page, it says why is my networth higher than annual salary which i clearly dont, so how? Thx in advance !
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i got no idea, but if you declare below a certain amount, you wont be able to use margin etc, so do you research first, all the best
Krv23490
post May 14 2020, 12:33 AM

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QUOTE(wombie @ May 13 2020, 11:59 PM)
I have a question here, why the price I saw in my client portal is lagging, it doesn't reflect the actual live trading bid and ask
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Cause it's delayed data, have to pay for live data
Krv23490
post May 14 2020, 12:54 AM

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QUOTE(wombie @ May 14 2020, 12:37 AM)
if delay how to trade, thats bad, how much is the live subscription? I saw usd45 per month?
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Use CNBC or investing.com to get the live price and place limit order..
Krv23490
post May 19 2020, 12:52 AM

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QUOTE(wombie @ May 19 2020, 12:07 AM)
but I trade options, can't afford any delayed, one snapshot cost USD0.01, wow... how much to trade to get free live market data? anyone knows? I am confused
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I trade options too, I just subscribe for the live options data. I forgot the price but wasn't that big deal for me
Krv23490
post May 19 2020, 09:36 AM

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QUOTE(wombie @ May 19 2020, 08:15 AM)
Thanks, is it a yearly or monthly fees? where to subscribe ya? bit confusing
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Do your own research, their support is amazing. if you cant find this, good luck with options
Krv23490
post May 19 2020, 09:40 PM

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QUOTE(mr_tuzki @ May 19 2020, 09:24 PM)
Don't think so, if i am not mistaken, that is why sometimes banks will be a little particular if you want to TT directly to them
Krv23490
post May 19 2020, 09:50 PM

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QUOTE(mr_tuzki @ May 19 2020, 09:43 PM)
"Any person carrying out regulated activity in Malaysia without a licence or registration from/by the SC may, if convicted be liable to a fine not exceeding RM10 million or imprisonment not exceeding ten years or both."
This part sounds scary though
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yeah , i would be more worried if i was a forex trader , and as we know, there are plenty of them out there, just look at those facebook gurus and ads. Wouldnt be too worried if just trading other financial instruments suck as stocks,futures, options etc
Krv23490
post May 19 2020, 11:26 PM

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QUOTE(dwRK @ May 19 2020, 11:08 PM)
if they wanna whack you... they whack you on licensing... not what you trade
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i wouldn't be too concerned
Krv23490
post May 20 2020, 11:15 AM

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QUOTE(dwRK @ May 20 2020, 08:40 AM)
you said you'd be more concerned trading forex... wink.gif

imho no problem trading forex on the right platform
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Yeah i would if i did, but i don't and i don't plan to in the foreseeable future so i am not bothered by it..
Krv23490
post May 22 2020, 04:16 PM

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QUOTE(Raymond_ACCA @ May 22 2020, 04:13 PM)
Omg I deposit 1000 USD using maybank. But then when reached my account only USD975. Called maybank and they said is not charged by them. IB charges on deposit?
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Nope, so far whatever i transferred from CIMB SG had no deduction
Krv23490
post May 22 2020, 05:56 PM

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QUOTE(zenquix @ May 22 2020, 05:52 PM)
i just opened the account via TSG.. in the IBKR, when do I upload our IC? Not comfortable sending it via email to TSG

user posted image
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I didn't send it via email. Through the application page itself IINM
Krv23490
post May 27 2020, 11:11 PM

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QUOTE(Yggdrasil @ May 27 2020, 10:59 PM)
I did not request to withdraw USD to my CIMB account because if I receive USD, I cannot transfer back to IBKR because they don't allow.
They only allow transfers between CIMB SG USD accounts. Super silly.
If you receive USD from IBKR, you will be forced to convert your USD at their undesirable exchange rate.

So, I convert all the USD to SGD then only transfer back to my CIMB SG account.
Then, I convert SGD to MYR and send to my CIMB MY account.

SGD amount sent by IBKR to CIMB SG is the same amount. The bank didn't take anything as fees.
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How long did the withdrawal take from IBKR to CIMB SG? Was just wondering about the ease about withdrawing as depositing is very convenient
Krv23490
post May 30 2020, 05:17 PM

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QUOTE(PrincZe @ May 30 2020, 04:27 PM)
user posted image

i need email them to change it to cash account?
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Can just remain margin account but dont use any margin, nice to have when you more comfortable with it. I been selling some options but have not touched the margin portion as i have enough cash in the account
Krv23490
post May 31 2020, 09:30 PM

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QUOTE(soundworks @ May 31 2020, 09:17 PM)
Unfortunately to open you need a work permit etc. I called the hotline and they said CIMB Malaysia can only link if you already have a SG account. Otherwise you can go the CIMB Preferred route but you need 250k to even begin lol
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https://www.cimbbank.com.sg/en/personal/pro...er-account.html

where does it say you need work permit ?

Document(s) Required

For Singaporeans/PRs and Malaysians -
NRIC
Proof of residential address if the residential address in the application differs from ID document (e.g. any latest telephone bill, bank statement or letter issued by the government)

Just open CIMB My. then open CIMB SG
Krv23490
post Jun 2 2020, 05:09 PM

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QUOTE(Yggdrasil @ Oct 28 2019, 02:40 AM)
Does anyone know whether Tradestation and IBKR allow people to buy 1 unit of US stock? Usually its 100 units right?

I wanted to build a portfolio of FAANMG stocks but some are so expensive that I can only afford 1 unit.  sad.gif
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US is 1 unit for 1 stock. IINM pure IB can even buy fractional shares. But if open via whitelabel then can’t
Krv23490
post Jun 3 2020, 12:27 PM

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QUOTE(Ramjade @ Jun 2 2020, 07:01 PM)
Actually now whitelabels can buy fractional shares. Just tested using IB.
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I cant seem to find the permissions though in my account settings

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