QUOTE(moosset @ Sep 29 2019, 09:09 PM)
They put up a comparison you didn't see?Interactive Brokers (IBKR), IBKR users, welcome!
Interactive Brokers (IBKR), IBKR users, welcome!
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Sep 29 2019, 10:16 PM
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#1
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Oct 2 2019, 10:48 AM
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#2
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Oct 2 2019, 10:54 AM
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#3
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btw...charles schwab is also pressured to offer commission free for us stocks starting oct 7.
tdameritrade is also slashing to zero This post has been edited by dwRK: Oct 2 2019, 10:56 AM |
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Oct 2 2019, 11:59 AM
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#4
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QUOTE(moosset @ Oct 2 2019, 11:30 AM) Charting platform = TDA (withdrawal cost $25)Lowest fees = IBKR and its introducing brokers (1st withdrawal per month free) International market = IBKR Also depends on what you trade and how you trade...shares, futures, options, forex, etc. Long term hold vs scalping... Btw...can open demo account and try see whichever you like, and no one is stopping you from opening both. I'm using TDA, I like it so much better, but your mileage may vary. Plan to open IBKR soon to dispose of some EU stocks. This post has been edited by dwRK: Oct 2 2019, 12:00 PM |
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Oct 2 2019, 01:02 PM
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QUOTE(moosset @ Oct 2 2019, 12:15 PM) Best check out transfer fees and trading fees for your shares... mine is free transfer so is worth itTDA doesn't do EU stocks. Charles Schwab International costs just as much as my EU broker so no point. So for EU stocks left only IBKR. Ps...In addition to having a pretty interface, TDA has some charts and indicators that IBKR just doesn't have... so TDA is like BMW with full package vs IBKR's Perodua... both gets you A to B...but moot point lah if wanna dispose of EU stocks This post has been edited by dwRK: Oct 2 2019, 01:12 PM |
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Oct 2 2019, 09:07 PM
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QUOTE(moosset @ Oct 2 2019, 08:46 PM) Thanks! Np. Just ask them to switch you to lite when available. Btw, I think you should be able to buy EU domiciled US ETF from your EU broker. The folks over at the diy s&p500 thread are buying Irish domiciled US ETF from German exchanges.I'm currently leaning towards IBKR Lite since I want access to US stocks & ETF. I'm also not very good with charts and indicators, only know some simple technical trading indicators. I'd also like to enter SG REITs market but maybe I don't need it, considering the additional cost. My European broker doesn't allow US ETF trading, that's why I registered for IB. I hold some US stocks with them, so was thinking of transferring. Nah, maybe not lah... just too much trouble. I currently pay 0.25% brokerage with this broker. My broker charges minimum of 20 Euro + I think 0.25% above certain traded value. Lol |
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Oct 3 2019, 08:48 AM
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Oct 4 2019, 08:42 AM
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#8
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QUOTE(moosset @ Oct 3 2019, 06:11 PM) Aiyah... but no big loss really if you trade EU stocks..."For products not entitled to zero-commission trading under IBKR Lite, the same commission structure will apply to both IBKR Lite and IBKR Pro. Where applicable, a "Fixed" commission model will apply to IBKR Lite clients for such products." Pro you can select much cheaper tier commissions... Hope TDA don't play such a stunt and limit commission free trades to US only... I guess you'll proceed to fund your Pro account? You realize the monthly min $10 commission/fee if total assets <$100k right? |
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Oct 4 2019, 09:33 AM
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#9
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Oct 4 2019, 01:25 PM
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QUOTE(moosset @ Oct 4 2019, 12:46 PM) No, I don't plan to invest 100k USD even if I had that amount now. That's why would be nice if I could use IBKR lite. Tradestation global or captrader... you check them out lor.... And rich ppl never say they are rich Now have to look for whitelabels instead. I'm not sure which country or region that I have more faith. EU/UK/US .... Everything is so uncertain now. Recession hits all will goes down the drain...no such thing as a safe region. |
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Oct 9 2019, 08:08 AM
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QUOTE(moosset @ Oct 9 2019, 02:25 AM) Ramjade $1.50 vs $1.00 IBKR fixed fee, $0.35 tiered fee for US stocksWhile waiting for my tradestation account to be approved, I've a question. The min trade for TradeStation is USD5, while IBKR charges USD10. So, if I trade twice a month, then IBKR is actually ok? Now I think about it, M'sian brokers are also not cheap. if buy RM 10k stocks, RM 10 clearing + RM10 brokerage + 0.03% + VAT, also about USD5. If trade 2x per month but commissions <$10 and account <$100k... ibkr will charge you $10 for every month onwards... so $120 fee per year for small account investors hehehe This post has been edited by dwRK: Oct 9 2019, 08:17 AM |
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Oct 28 2019, 05:48 PM
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#12
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Oct 28 2019, 05:56 PM
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#13
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AFAIK... how much funds you have determine the types of products you are allowed to trade... margin stuff will need mucho $
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Nov 5 2019, 05:51 AM
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#14
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QUOTE(moosset @ Nov 5 2019, 04:16 AM) what's the difference between these 2? Just use web or mobile if you investing long term and not day trading.why need to download both? edit: I'm using MAC and these two links are for Windows. The two are trading softwares to do lots of charting by respective companies |
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Nov 5 2019, 07:45 AM
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#15
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Nov 5 2019, 08:10 AM
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#16
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QUOTE(moosset @ Nov 5 2019, 08:03 AM) yes, I set my own username and password for log in. go to https://interactivebrokers.com/en/home.php try login to portal and see work or not...but after funding the IBKR acc, TradeStation global will send another set of username and password in order to access those two platforms (as in the pic). I got the email telling me to download these two platforms. |
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Nov 5 2019, 10:21 PM
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Nov 8 2019, 10:43 AM
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QUOTE(moosset @ Nov 8 2019, 06:14 AM) Question 3: for those who are good at putting special orders. How do I place this order? Ibkr has lots of training videos. Youtube also."Buy when the value has dropped 5%" Is this trailing BUY? I don't want to set a fixed price, rather I want to execute BUY when there's a certain movement. How? 5% below is still a fixed price order, just means you let ibkr calc this price for you. Trailing buy means you set the price offset above current price, it follows the price down and when price bounce back up it buys. If price just goes up instead you'll end up buying at the higher offset price. If price is volatile, it can whip up hit your buy order then crash back down... just saying For someone new who's looking to buy 1 etf share and hasn't bought anything you sure have lots of ideas and requirements... very good keep it up |
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Nov 8 2019, 02:07 PM
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QUOTE(moosset @ Nov 8 2019, 01:04 PM) no ... not fixed price. At $100 it's fixed 5% below so $95...Say today, it's USD 100. End day is USD 97. So it has not dropped 5%; but the new baseline has gone down to USD97. So if the next day, it drops to USD 92.15, then it will buy. something like this... I'm not sure if I have explained it well. At $ 97 it's fixed 5% below so $92.15... Only bots can do what you want. Alternatively you wake up and set it to 5% below yesterday's close |
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Nov 8 2019, 02:19 PM
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#20
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