anyone done the Due diligence , is this legit ?

https://eservices.mas.gov.sg/fid/institutio...NGAPORE-PTE-LTD

Regulated by MAS.
Bank account DBS.
Uses Interactive Brokers at the back.

are you using it ? can trade all kind of US stock ?

Yes. USA , HK , SGX , ASX.

can you help me search if this stock is available under their product ?

SNDL Sundial Growers

they dont have demo account i cant search it

Anyone wanna exchange angpow opening?

How to change DNS of unifi mobile ?

Omg ! Rocket !

Anyone aware of Tiger Brokers listed under the Investor's Alert List?



And they are blocked in Malaysia. Damn SC.

Is that the reason why unifi dns cant work?

I am no tech expert, but I can suspect so. VPN usage is likely the only means to access it. Try using Opera with VPN on to check.

They already blocked TD Ameritrade US website.

I am increasingly worried that they will move ahead with banning IBKR and TD Ameritrade SG. Last in their list would likely be FSM SG.

Too bad we poor Malaysians.

Yes I was looking at it. And I'm still weighing between IBKR and Tiger..

Primary reasons for Tiger for me is

1. Tradingview.com... IBKR seems to be delayed... i thought it was just the paper-trading simulator, but my friend who has a margin account said the delay is the same.
2. Fear of a class action lawsuit against IBKR after what they did last night. There isn't one filed yet, but RH already kena. Will the lawsuit affect the trading accounts?

This post has been edited by HuorEarfalas: Jan 29 2021, 03:36 PM

The delay is obviously how they make money from you. If they straightaway provide you with real-time data they will make less money. There are business reasons behind. Brokerage business is cut-throat business especially in the US (think "commission-free" trading app and M&A between TDA and Schwab), so this is unsurprising.

If you are a trader then delayed data is unacceptable, but for long-term investors, the 1-2 minute delay in an uneventful day would not really have a big impact in your long-run profits. Plus IBKR's P&L data is in real-time, with a bit of maths, you can work out the actual securities' price easily.

Lawsuits are the norm in any brokerage firms. Tiger is backed by IBKR as well. And not to mention Tiger has its own problem: https://geoinvesting.com/up-fintech-holding...ndering-scheme/

FINRA has a database that list out lawsuits by firm, I think.

https://brokercheck.finra.org/

You need to be prepared for all these when you begin investing. This is part and parcel of investing.

This post has been edited by TOS: Jan 29 2021, 03:49 PM

I am using both. I like Tiger Broker more (in terms of platform lay out and speed of deposit/withdrawal) but IB is more established of course.

Don't forget Tiger macam using IBKR at the back.

BTW webull CEO macam came out and explained why they all blocked buying, it's not because of manipulation on brokers' end.

Which is why i always tell people, spread it out, don't put all your eggs in one basket. No harm having few options.

When one lock up your trading, trading from another platform saja la

ouh damn...guess Tiger ain't that safe as well then...

My 6th sense is telling me that they are clamping down hard on foreign brokers. I only trust FSM SG and IBKR. Too few options.

Monopolistic practice by banks and local brokerage firms due to over-regulation and stupid currency control by the Central Bank of Malaysia means opening up of foreign brokerage business is unlikely to materialize anytime soon. Keep our fingers crossed.