Oct 4 2022, 01:00 PM
QUOTE(Slash21 @ Oct 4 2022, 12:45 PM)
Hello all,
Looking at a local platform for stocks trading with most countries, at least 10 or more. IBKR need to send funds to foreign country and am afraid that in 2026 all foreign funds are taxable although I am not sure of capital gains.
Can you please recommend some online trading account that can handle more than 10 countries? Preferably with low trading commission.
Thank you
None. IBKR is the best you got. Unless you want to travel to each of that specific country and open a local account with the local brokerage.Looking at a local platform for stocks trading with most countries, at least 10 or more. IBKR need to send funds to foreign country and am afraid that in 2026 all foreign funds are taxable although I am not sure of capital gains.
Can you please recommend some online trading account that can handle more than 10 countries? Preferably with low trading commission.
Thank you
Regarding the 2026 plan, it's dividend which is remitted back to Malaysia (the original plan). There's nothing about funds giving overseas will be tax. So if you get the dividend and don't bring it back to Malaysia, its not taxable.
This post has been edited by Ramjade: Oct 4 2022, 01:00 PM
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