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 SIPC regulated brokers for US stocks

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Ramjade
post Jun 29 2022, 07:41 AM

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QUOTE(ttppyyuiw @ Jun 21 2022, 05:45 PM)
Hi sifus!

I'm interested to open an account with a stock broker that allows Malaysian to easily deposit/withdraw money. Based on my readings, I should choose a broker regulated by SIPC in the USA.

Could you please recommend any brokers that are easy for Malaysians to use? Is FSMone regulated by SIPC?

Thanks in advance!
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Please avoid FSM. They are expensive. Go with interactive broker or TD sg or webull sg.

Of course if you like to give free money to your broker, by all means use FSM.

This post has been edited by Ramjade: Jun 29 2022, 07:41 AM
Ramjade
post Jun 29 2022, 08:39 PM

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QUOTE(sl3ge @ Jun 29 2022, 01:58 PM)
Actually i open IBKR already,
but personally feel abit "insecure" to put money in US. (i know is it 100% safe, but jz personal opinion)

Will look into rakuten.

Thanks for the info.
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Interactive broker is actually a damn kiasu and scarry cat broker if you know how they operate. Think of it as public Bank but super conservative. They have no debts and one of the highest net margin of US brokers.

This post has been edited by Ramjade: Jun 29 2022, 08:40 PM

 

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