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 Buy US stocks on Etoro, non CFD, receive dividend, etc

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Yggdrasil
post Jul 12 2021, 12:48 AM

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QUOTE(infested_ysy @ Jun 29 2021, 10:19 PM)
Is etoro bad or shady or something? I see many people not recommending etoro and telling me to open an ibkr account instead, but macam ibkr very leceh, need me to set up a singaporean bank account and all...

I already have bigpay and paypal, seems very seamless to just use etoro.
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IIRC, they charge fee when you want to withdraw. Withdrawal is dodgy. Have you tried? If you haven't, it's funny you trust a broker when you haven't withdrawn. Most Malaysians reported that they got random stranger refunding them their monies back. Meaning some random dude's name will appear on your bank statement.

IBKR is not leceh. You can deposit directly into IBKR using TransferWise as long as it's not USD. SG bank account only needed if want to get back money. There's a free monthly withdrawal without charge.

 

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