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 Interactive Brokers (IBKR), IBKR users, welcome!

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totox7
post Mar 25 2020, 05:16 PM

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Anyone using Charles Schwab here? Any idea to TT deposit in the account with lowest fee? Usually i use Maybank wire transfer, but it is really expensive.
Checked with Transferwise but they dont deposit into us brokerage account.

This post has been edited by totox7: Mar 25 2020, 05:17 PM
totox7
post Mar 26 2020, 08:18 AM

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QUOTE(m1rot1c @ Mar 26 2020, 08:07 AM)
i think the crucial information is pretty much scattered, for anyone who is wondering on how to fund your ibkr account, this post here seems to have a proper guide to do so
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Hi, thank for you info. In the link he was using Instarem, i have chat with Instarem customer service, they dont deposit into brokerage account. Can anyone help to verify this?
I have checked, Charles Schwab have account in Singapore too, wonder if possible to skip local account such as CIMB fast saver by using Instarem.
totox7
post Mar 27 2020, 01:35 PM

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QUOTE(esyap @ Mar 26 2020, 09:41 AM)
u can use Instarem to dep EUR/HKD/SGD but not USD into IBKR.
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Thanks, will give it a try!


QUOTE(moosset @ Mar 26 2020, 02:04 PM)
I'm also interested in Charles Schwab. Let me know if you manage to open an account there.

Disregarding what the CS said, it worked for me to deposit EUR, SGD and HKD to IBKR.
Same with banks' and insurance companies' CS, you can only trust them 50% of the time. A lot of them MCC.

user posted image
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Hi, i opened the account 7 years ago under Tradeking brokerage, during that time it was pretty straight forward documents with a require deposit sum, i forgot the required amount. After that the company get absorbed into Charles Schwab, so my account is with them now.
totox7
post Mar 27 2020, 01:53 PM

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QUOTE(moosset @ Mar 26 2020, 08:37 PM)
not sure if you had clicked on the image and read, Charles Schwab has ceased all operations in Singapore.

yes, need 25k.

by the way, have you looked at TMAmeritrade? They have commission free ETFs incl. IVV, I think.
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Yes it is. For those who are curious, they still retain their bank account in singapore for deposit, below is the detail. Will call them again to reconfirm on this.

user posted image


 

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