You can start opening account using interactive broker, tsstytrade and first trade.

For me I don't bother. Cause people like chicken genius and Adam khoo got millions inside the brokerage.

Also my brokerage which is interactive broker very kiasi and got 0 debt/borrowing. So no issue for me.

This post has been edited by Ramjade: Sep 19 2023, 06:31 PM

Very easy. All online.

Since you got TD, hope you find this insightful.
27 October 2023
Beginning 27 October 2023, all remaining non-Accredited Investor accounts will be charged a monthly account maintenance fee of USD $50. Accounts with cash balances less than USD $50 will only be charged an amount to reduce their cash balance to $0 (zero). 

Current Retail Clients - Take Action

Starting in December 2023, TD Ameritrade Singapore will focus on Accredited Investors only—discontinuing services to non-Accredited Investors. We are grateful for the opportunity to have served your investing needs over the years.
If you do not wish to become an Accredited Investor or if you do not meet the requirements, you’ll need to act immediately to avoid any account impacts, such as fees and restrictions. 

You should have received an email from TDA Singapore this morning.

Otherwise, visit more information at: https://www.tdameritrade.com.sg/retail-clients.html

Open IBKR LLC (us version). IBKR Sg is specifically for Singaporean. Don't know if this rule is into by sg govt. If yes you don't want to have IBKR account cause the same thing will happen to you. If youbhaev IBKR LLC even if it is really MAS problem, you won't face this issue as you are not under MAS jurisdictions but rather under SEC

Tiger uses IBKR. You want to move away from.IBKR, only options are Tastytrade and First trade.

Of course. But moomoo is off limits now to Malaysian unless you got Singapore phone number or work pass or something like that. Cause they are launching soon in malaysia. I already have moomoo before they put up this road block. My place to park my SGD to earn some money. I heard of usmart but not interested as I already have tiger and moomoo.

Can trade from Malaysia. Only thing is you need to fund it using bank transfer and everytime you fund your account, you pay markup exchange rate by 2-3% and you pay TT fees. Now why would I want to pay bank extra money when I can fund directly from SGD at no extra cost? I convert RM to SGD at near moneychanger rate (way better rate than what Malaysian banks can give me) and have more SGD left over for funding.

Not sure

Username and password and instruction for next of kin. I less you are very rich, then you use shell company or trust.

Can but don't know how long the process to get your money out of IBKR will take. Not to mention US tax.

I use IBKR. Ok je. Come on la. Use tiger/moomoo/tradingview to get free data. Wow. That's a log on commission.

You don't factor in conversion of currency. I don't think tastytrsde give you excellent conversion rates.

This post has been edited by Ramjade: Mar 2 2024, 07:25 AM

Moomoo and tiger live data enough if you don't trade. It's not lagging. I use their data. Trading view have free plans.

The fees for stock is mentioned clearly. Usd0.35/transaction. I less you are big fish.

You can always buy live data with IBKR. If you trade a lot, they can refund you the live data (depending on your package you buy)

I am not a trader.

You can try and see which broker you like if you feel you don't like IBKR. There's tsstytrade (the guys who created TD), there's first trade.