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 Interactive Brokers (IBKR), IBKR users, welcome!

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bill11
post Sep 14 2022, 02:26 PM

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Quick question on estate planning/tax for IB platform.

1. Is it same as this TD sg ?

U.S. Estate Proceedings and Taxation
Certain assets owned by an investor outside the United States at their time of death may be subject to U.S. estate taxation. The estate executor is required to file a United States Estate (and Generation-Skipping Transfer) Tax Return Estate of nonresident not a citizen of the United States. The estate tax is imposed on the transfer of assets therefore the return (IRS form 706-NA) is necessary in order to move assets or funds from the decedent's account. Additional information may be found on the IRS website under Form 706-NA.
https://www.tdameritrade.com.sg/disclosures.html

2. Any idea how it work if one hold the US stock ?how many % they charge to pass to your beneficiary?
bill11
post Oct 4 2023, 08:49 PM

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moving over from TD, with TD can see YTD P&L, can IB app show the same in one summary page.
bill11
post Oct 12 2023, 03:47 PM

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Can someone advise on this IBKR -- WISE link for USD withdrawal ?

Seems like WISE disabled the USD account ? then only route is wire transfer or sg cimb ?

user posted image
bill11
post Oct 1 2024, 09:26 AM

Casual
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Junior Member
303 posts

Joined: Aug 2005
QUOTE(TOS @ Sep 30 2024, 04:18 PM)
I am gonna work in one of these some days later!

FT High frequency trading

New titans of Wall Street: How trading firms stole a march on big banks
Handful of secretive businesses including Jane Street and Citadel Securities have seized market share from the old guard

https://www.ft.com/content/9439108d-4fe3-4f...40-da9412f1ba0b
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Hit paywall, can share the full article plz. TQ
bill11
post Oct 23 2024, 02:01 PM

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QUOTE(TOS @ Oct 23 2024, 09:07 AM)
Hi there. BIL ETF is recommended for short-term USD parking. As for how to scalp for more returns, I detailed the strategy in the previous posts.

In the future, I won't be sharing any more strategies... You guys just want to free-ride everything...  laugh.gif

Now I know why top quant hedge funds jealously guard their "strategies"... I am gonna guard mine as well... proprietary secrets not to be revealed...  laugh.gif
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Boss, dont worry la, at the same time you can use us as test cases of your strategies (until it fail?)
bill11
post Jan 19 2025, 08:13 PM

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QUOTE(JusticeLeagueMY @ Jan 19 2025, 05:02 PM)
Yesterday there was a conference by Piranha Profits aka Adam Khoo. Did anyone here attend? I see that he use IBKR. Very reassuring!
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how was it ? missed it.

Any summary?
bill11
post Mar 12 2025, 08:57 PM

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QUOTE(dwRK @ Mar 12 2025, 04:44 PM)
uk has its own estate tax... but less than usa...
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in this case, if I am using Moomoo MY and hold US stock will be better right ?
i write my will and transfer to my next kin without kena US estate tax?

 

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