just curious, if you buy $1000 ~ $2000 worth of shares using your maybank platform, how much do you pay for brokerage fees?

What trouble?
Send money to SG using click of mouse button. Money appear like 30-2h later. Rate is as good as money changer.
Form there do a IBFT like transfer into IB. Money appears like in 10-20minutrs if office hours. Then convert SGD at spot rate (real freaking exchange rate) at USD2/exchange.
My overseas commission is basically USD1.xx-2.xx/transaction.
My money is one way ticket.he doesn't get converted to RM. It stays as foreign currency. 

Can if you are using margin. Otherwise topup first then only can buy.

Of course I have thought about it. Hence eI only transferred money into IB when there are things to buy. Otherwise keep in high yield account in SG or MMF. Of course SG account give like 1.xx% interest. Can't compare with Malaysian interest. But you can't compare depreciation of RM vs SGD too.

a) I think it works too. It's just easier for us to open CIMB(SG) than MBB(SG). You can also use instrarem (MY) > IBKR(SGD) without a Singaporean acc.

b) IBKR can't receive USD from Transferwise. I tried before but failed. If you managed to do it, please report back.

Malaysian stocks cannot

Personally tested and it worked!
Transferwise EUR
InstaRem EUR, SGD, HKD.

Personally tested but it failed!
Transferwise USD
InstaRem USD

What the hell? Stuck because of using iPhone and refuse to trust it?
Come on. There's a reason most transaction should be done on a computer.
If you like paying more to banks be my guest.
All this time instarem have serve me very well.

It's just an extra platform with graphing tools, if you're not active trader you can ignore it and just use IBKR TWS/WebTrader/Mobile directly. Fees will follow TradeStation Global's fee table - same, doesn't matter if you execute using via TSG or IBKR directly.

Hmm,

I have been a IB user for years... Using their TWS to trade. Trust me IB has one of the most advance platforms out there, but not very user friendly. Eg the idealpro vs fxconc, till now I still don't know which one I used and how I did the  forex change.

Glad to find this thread going and I will be trying to contribute as much as possible.

I see most of the questions already answered by friendly bros in this thread. Only one point I want to make. Touchwood. This applies to all foreign companies platform actually. One bad thing about trading using online non-malaysia company platform is that (again touchwood) if something happens to you, it will be very difficult to claim the money.

Even if you manage to claim the money, do note you will be subjected to US Inheritance tax (they call it Estate Tax) even if you are a Malaysian (I checked this few years ago, not sure if still valid). Which is why even though you are a Malaysian and do not need to pay US tax, your stocks dividend will still be subjected 30% withholding tax.

Now I do not know if local stock brokers have this Inheritance tax or not since I do not have any now. So it would be good to check. For me I think I am going to start slowly moving the money back to Malaysia or Singapore. My friend who is a US citizen and has US bank account, he doesn't keep the money in online brokerage. He always transfer the money back.... because it is more secure. Anyway I am going off topic.

So for those who opens IB or any other online overseas platform, do take note:

1. In the event something happens to you and how to claim the money back
2. When you transfer the money back after making profits, if amount is big you might have issue with Bank Negara. Of course if less than 6 figures I doubt they care.

Cheers.

You cannot withdraw out USD to transferwise. They already mentioned somewhere in their terms and conditions they don't support transfer or incoming transfer from transferwise.

Just go open. Not that hard.
That's normal. One of the cheapest ways to bring back money from SG is using Cimb SG. There is another fintech. I haven't test yet which is cheaper than Cimb.
You cannot withdraw USD to transferwise.
They already mentioned. Seriously no one read the terms and conditions?

Of course there are charges. Transferwise needs to survive. Is not a charity body. Again it's clearly mentioned in their fees, there's a charge for moving money out of borderless account. All clear cut and written.
https://transferwise.com/help/17/borderless...account-pricing

The charges is nothing compare to amount you need to spend to travel to US to open bank account. I use that account for receiving USD from my US cashback shopping.