Guys, how long did TD Ameritrade SG process your new application when opening an account? It's already 3 weeks since I lodge my application and submit the documents required but still haven't got any confirmation from them. Also, no one from their customer service is answering my calls. I read poor CS of TDASG

Got it approved within 2 months.
That’d be your benchmark.

Thanks for the prompt response. Are you still using TDASG? Have you faced challenges in dealing with their CS, withdrawal procedures as well?

This post has been edited by rafurap: Jul 26 2020, 10:58 AM

Yes, still using it.
Haven’t done any withdrawals yet as I’m trying to grow my portfolio but funding is a breeze. $25 will be deducted for the transaction.
Got myself realtime data as well without paying. For me, I prefer TOS than IB. Of course, account opening is annoying and I need to do that SGX exam as well as one of their pre req.

Sorry, what is this SGX exam for?
With regard to funding, is there still a limit of 10K RM for non-Malaysians doing FTT?

Hey, anyone have try using transfer USD from CIMB SG to TD Ameritrade?
Yesterday, using Maybank2u transfer USD to TD Ameritrade has been charged USD25 for transaction.
Maybank side charge RM10 and AD ameritrade charged USD25. Transfer USD1,000, account show USD975.

TD Ameritrade does not charge any fee. It's the US bank who did the wire transfer is charging you $25.

Mean the bank "Well Fargo" charged USD25? (I funded into Well Fargo Bank)



How about withdrawal? As per TD Ameritrade website "Outgoing Wire Transfers" is USD25. If i withdrawal USD1,000 and fund into my maybank (or other bank) account. The TDA. charged USD25 and then maybank (or other bank) will charge incoming fund?

yes, all wire transfer will be charge $25 by well fargo bank or other bank who handle the wire transfer, unless TD ameritrade absorbed the fee for you. Whether your local bank will charge fee for the handling of the wire transfer, you have to check with your local bank on the fees.

This post has been edited by labtec: Aug 4 2020, 05:26 PM

Anyone can verify is FAST available to transfer into tdasg apart from dbs/posb? Thx

R u from Malaysia, I'm from MY and using Maybank2u, 1 day process only, but bank charges is higher as above case.
R u using DBS/POSB funding and how much the bank charge?

Anyone using CIMB Sg to funding?

Yes im from my ...but im asking if can transfer from mbbsg/cimbsg using FAST to their sg account ..never try before

Refer to TDASG's funding information, https://www.tdameritrade.com.sg/why-td-amer...nd-funding.html
=> No transferring via FAST from other Singapore banks

However, I think it works the same no matter it is Msia or SG banks, money still wire to US account and remittance charges incurred.
Unless you own any DBS/POSB account at SG where it costs $0 transfer fee for online electronic transfer.

Hey, can we use CIMB Sg fund into DBS/POSB account? Anyone try before?

submit application on monday for TDSG, as of now pending.
submit application for another brokerage account 2hour ago, as of now,approved.

sigh..

I submitted 1 month ago. Still pending. Followup everyweek. Slowest broker in the world. Even IKBR approved within 2 weeks. If not for their free level 2 market data, i wouldnt even bother.

TSG or IBKR?

TSG. After account opening you deal directly with IKBR as I understand. I use IKBR app, services etc. TSG is transparent to me.

Sure provided you have DBS or POSB bank account as well.

I heard news that TD in USA is down for 2 days. Does TD Singapore being affected too?

TD Singapore is having zero commission fee to trade US stock. Does that mean buying and selling US stock does not need to pay any brokerage fee and other fees?