Just go with interactive broker. Just because something is not regulated by Malaysian SC does not mean its not safe. They are regulated by US, UK, SG version of SC. Now who do you trust more? Malaysian SC or US, UK, SG SC? I will trust US, UK, SG SC more than Malaysia reason Malaysian SC is a joke. Put TD and etoro into blacklist? Come on it's a joke especially they are legal services.
Good luck paying usd5.00 Vs usd0.35 by giving MIDF free money. Interactive broker fees is only USD0.35/transaction.
Of course if you want peace if mind, I have nothing i say other than you are giving away free money to midf.
I have been usig IBKR for almost 3-4 years already and I will continue to use them going into the future. I don't care what Malaysian govt thinks. Ibkr is one of the fundamental sound brokerage. They are damn kiasi (risk adverse) which you as user should feel good about. Think of it like public bank which is super conservative. Same thing only difference it's a brokerage. Period.
Got. If you don't mind stuff which is regulated by sg govt, FSM sg, moomoo, tiger.
I will recommend moomoo if you don't want to use Ibkr.
Thank you for the advise. Assume i use IBKR when i perform withdrawal into my local Maybank account, if i perform the withdrawal too frequent it will cause my Maybank account being blocked ? As i heard some case the local bank might block your bank account due to suspicious bank transaction.