Don’t always think about withdrawing from international broker is hassle la expensive la.

You invest for your end game and usually that is a once or twice in a lifetime event. You don’t buy SPY to sell every few months. That will make your broker rich not you. In that case I will choose IBKR to enrich them less with lower fees anyway.

Governed by SC of Malaysia does not mean if it goes bankrupt you will get your foreign securities back. Usually all also held in trust by a 3rd party. In case of IB at least the likelihood you will encounter a broker going bust is microscopic. But a local uncompetitive one….on the other hand