Aug 4 2020, 12:11 PM
QUOTE(Yggdrasil @ Mar 13 2020, 01:55 PM)
Easiest and cheapest is the one I mentioned. There is a thread in Lowyat. https://forum.lowyat.net/topic/4843925
You can even buy European stocks.
US stocks and ETF dividends are taxed at 30% since Malaysia doesn't have tax treaty.
However, you can buy US ETFs domiciled in Ireland and only be subjected to 15% Withholding Tax.
Example: QQQ is US ETF. EQQQ is US ETF denominated in EUR and domiciled in Ireland. QQQ and EQQQ hold the same basket of stocks.
Noob question, in case you tried both platformYou can even buy European stocks.
US stocks and ETF dividends are taxed at 30% since Malaysia doesn't have tax treaty.
However, you can buy US ETFs domiciled in Ireland and only be subjected to 15% Withholding Tax.
Example: QQQ is US ETF. EQQQ is US ETF denominated in EUR and domiciled in Ireland. QQQ and EQQQ hold the same basket of stocks.
do you think IBKR is better than TD Ameritrade?
security, cost and service in total
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