Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Interactive Brokers (IBKR), IBKR users, welcome!

views
     
gedebe
post Sep 26 2024, 08:23 AM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
newbie here, does ibkr impose any fee for SG and HK stock dividend disbursement? I am using Hlebroking and it is changing me sgd8 for each dividend disbursement.
gedebe
post Sep 26 2024, 08:46 AM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(TOS @ Sep 26 2024, 08:25 AM)
Welcome welcome.  biggrin.gif

IBKE does not impose any fee for SG and HK stock dividend disbursement.
*
Wow prompt reply! I assume there is a trust account where ibkr will park our dividend in each currency right?

gedebe
post Sep 26 2024, 09:17 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(TOS @ Sep 26 2024, 09:59 AM)
Uhmm not sure what you mean by trust account.

IBKR handles your money in the following way: https://www.interactivebrokers.com/en/gener...al-strength.php

You can check the "How We Handle Client Assets" sections.
*
trust account is a account that we bank in our fund bank into a brokerage to buy stock and brokerage transfer dividend into that account
gedebe
post Sep 27 2024, 01:49 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(dwRK @ Sep 27 2024, 09:41 AM)
he just wanna know if the div is kept in a trust acc...

imho... its moot, as you send them $$$$ to buy stocks and they manage it via custodian acc, no reason $ from div needed to be managed via trust acc...
*
QUOTE(TOS @ Sep 27 2024, 09:45 AM)
Yea, the cash dividends are in the form of cash, deposited in custodial accounts at banks or US T-bills. So, no "trust" account involved.
*
for all local brokerage for bursa, it is called trust account, don't you guys have it also?
gedebe
post Sep 27 2024, 04:25 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
Anyone tried transferring their shares to ibkr before? I am trying for HK and Sg but felt a bit disappointed when they don't transfer fractional share
gedebe
post Sep 28 2024, 08:44 AM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
can my new application be approve without having putting any fund into my own account 1st? Ibkr claimed "We review funded account applications first.
If for any reason your application does not get approved, we will send your money back."
gedebe
post Sep 28 2024, 04:09 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(dwRK @ Sep 27 2024, 10:02 PM)
done eu stocks to ibkr usa...
*
is there any fee impose on transferring?
gedebe
post Sep 28 2024, 04:59 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(Medufsaid @ Sep 28 2024, 10:25 AM)
yes it can be approved. but you will receive annoying email reminders to fund (else they'll close the acct, u can google how long before it gets closed)

user posted image

fastest is to link your Wise acct to IBKR, then fund

  1. USD, with transfer fee of USD1.13. or,
  2. SGD, with FOC transfer fee

*
I search high and low, there is no mention of the minimum that we have to fund our ibkr account
gedebe
post Dec 21 2024, 05:22 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
Am using destop ibkr, do you face with frequent request of ibkr asking for mobile authenticator code ie. clicking on support with launch another tab and asking you to authenticate again.
gedebe
post Oct 31 2025, 07:26 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
Ibkr support really hopeless, tried online chat, forced to wait almost forever, resort to files a case, take 2 days to answer, only to know that it is irrelevant.
Anybody knows Ibkr normal practice, is there a limit to the usd1 Ibkr shares that we can get by depositing in this campaign below, clicking on the TnC bring me to Refer A friend which is irrelevant like what the support gave:

If you fund your account in the next 30 days, you will be eligible for our Welcome Shares program, where you earn USD 1 in IBKR shares for each USD 100 in assets you deposit during the 12 months following your initial deposit. Please refer to our Welcome Shares Terms and Conditions for full details.

This post has been edited by gedebe: Oct 31 2025, 07:27 PM
gedebe
post Nov 1 2025, 05:36 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(Medufsaid @ Oct 31 2025, 07:56 PM)
can u show me which url u got this? i only know of referral promotion

user posted image
*
user posted image
gedebe
post Nov 3 2025, 12:14 AM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(Hastebreak @ Nov 1 2025, 10:54 PM)
Do not take my word on this and do your own research... but Interactive Brokers (IBKR) is one of the best brokerage platforms I have used thus far...

I am very happy about IBKR. They are a big brokerage firm with plenty of liquidity for most of the U.S counters I have eyed for in swing trading...
*
but their support is hopeless compare to Moo2 which is a new entrance
gedebe
post Nov 7 2025, 02:29 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
user posted image
why my submit button is being grey out but when i put lower value only it lit up, means that I can't convert all my sgd to usd?
gedebe
post Nov 7 2025, 02:30 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(Ramjade @ Nov 7 2025, 12:26 PM)
You need to talk to their customer service. Don't bother with email. Use something that have free VOIP.
*
err, mind to share which voip to use?
gedebe
post Nov 7 2025, 02:35 PM

Regular
******
Senior Member
1,645 posts

Joined: Jan 2005
QUOTE(Hastebreak @ Nov 7 2025, 11:54 AM)
MooMoo is popular for mainstream stocks... You will certainly be filled trading / investing in popular ones... But it's a small brokerage firm that cannot compare to the deep liquidity access and partners who are willing to fill your positions which Interactive Brokers have...

To me, I make money... I exit positions... I fund it back out into WISE, and into my bank... No qualms, no issues, whatsoever...

Again, it's just my very own perspective...
*
Meaning that Moo2 has more possibilities of failing to fulfill our trade?

 

Change to:
| Lo-Fi Version
0.0337sec    0.71    7 queries    GZIP Disabled
Time is now: 29th November 2025 - 06:37 PM