Hi all,

I would want to setup a foreign trading account preferably to trade in the US stock market. I have been quite a profitable trader for years and overall in Bursa Malaysia. I believe it's time for me to venture out. I'm talking about physical shares and not other financial instruments such as CFD's etc.

Hence I would love some suggestions about which broker should I choose based on the following criteria:
1) Low brokerage fee
2) Easy to setup and convenient for settlement
3) Withdrawals and deposits are easy and the profits could be easily remitted back and convertible instantly to cash (liquid)
4) Trading platform is user friendly.

Are there any local brokers from those who are very experienced in trading in the US stock market that it would be a good one?

Thank you in advance for your time and advise.

I'm interested to know too. I always see TD Ameritrade being mentioned. Malaysia is serviced by their SG unit, if I'm not mistaken.

Yes I would like to know too. The best platform. Anyone care to enlighten?

Wondering if anyon manage to acquire more info on this?

Can try Webull? Can TT directly from Malaysia bank account. Costs around 30USD overall to deposit, and 45USD to withdraw, so it’s better to transfer a larger sum. However, it has 0 commission on stocks and options so it’s still worth it overall.

What you want to know? TD bloody expensive.

Interactive Brokers... Open on its own or via TSG

How to register webull? Only two options have either US or China.

All overseas broker can directly TT. Question is are you working illustration by to pay expensive fees and expensive. TT charges?
I am not.

An alternative opinion for you:

Since you identified yourself as a trader, and if your active trade per month averages 20 or more transactions, you can go for those free to trade platforms like Firstrade, Trading212 or even Sofi (formerly 8Security based in HK, can now trade both US and HK stocks) with any fee charged per trade. All these can be easily open online and most do not accept fintech remittance hence the cost of TT.

However, if you are active trader, the cost of remittance should have been averaged out by the number of your trades, so can consider negligible especially if you remit a higher sum infrequently.

But before you jump into US market, do note that price movement and volatility alot more swifter than KLSE...but as a trader I think you should like these. Compare the above platforms in terms of misc fees, ease of use, types of investments offer and see which one suited you better. Good luck.