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 IBKR whitelabel, are they trustworthy?

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Ramjade
post Jan 20 2020, 12:16 AM

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QUOTE(chrisderick88 @ Jan 18 2020, 04:44 PM)
Hi all!

I'm new to investing overseas and I'm planning to buy ETF. I've read a little to realise the following:
1. IBKR is cheapest but need maintainance (or some minimum amt of money which i dont have)
2. TDAmeritrade is fine, but they recently move MY clients to SG, flat $10.65 per trade. Not expensive but not optimized.
3. IBKR whitelabels (tradestation international... etc)
I'm exploring option (3), but I am worried that they might.. go vanish, and in this case my $$ and stocks will be liquidated? I cant find reliable review online. Any help?
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Everything you deal with IBKR. You just deal with white labels during opening account. After that all IBKR. Login/funding/customer service/trading everything IBKR.


QUOTE(moosset @ Jan 18 2020, 07:32 PM)
if you're worried, just choose (1) and pay the monthly fee.

If you buy and sell RM10k of shares per month in Malaysia, you also pay a min of RM40 in commission. So there's not much difference.
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Please provide better info. dry.gif
Ramjade
post Jun 25 2020, 12:33 AM

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QUOTE(gigitan1123 @ Jun 24 2020, 11:52 PM)
please be aware that trade station global need minimum 1000 usd and for margin account is 2000 usd , and real time data need for extra charge for your information smile.gif ps: just found out when i opened the account
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My time needed usd5k
No need for live data.
Ramjade
post Jun 30 2020, 07:40 PM

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QUOTE(kucingfight @ Jun 30 2020, 04:09 PM)
well to add

TSG= no fractional shares (IBKR).
Trading 212 = can fractional shares. no misc charges
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My IBKR under TSG have fractional shares. Don't know how mine appeared and can work.
Ramjade
post Aug 10 2020, 11:58 AM

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QUOTE(z21j @ Aug 10 2020, 11:21 AM)
When you all say whitelabels does it mean tradestation international? The charges is usd1 per trade with minumum of usd10 per month right? I saw fb ads stated it can now trade fractional shares. Not sure if my understanding is correct. Ibkr so many products...
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There are so many. Captrader. Zacktrade, tradestation global.
Every whitelabels have different fees.
Majority of us use tradestation global.
No, see the fees here.
https://www.tradestation-international.com/pricing/
USD10/month is for pure IB if you cannot either one of their conditions.
1. Generate USD10/month in trading commission.
2. Have USD100k in cash or stocks parked with pure IB.

Some said cannot. Some said can. For me personally can but I don't do fractional shares as you pay same commission even if you are doing fractional shares.

 

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