Best US Stock Investment Platform, Long term holding
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 Sep 20 2023, 04:45 PM
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#1
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Senior Member
4,685 posts Joined: Jan 2003 
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QUOTE(teslaman @ Sep 20 2023, 07:11 AM) Risk high these day. Better keep in other instrument. This coming from Teslaman 😂 Yeah tech is definitely overvalued at the moment hence we are waiting for buying opportunities |
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Sep 25 2023, 01:08 PM
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#2
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Senior Member
4,685 posts Joined: Jan 2003
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QUOTE(cybermaster98 @ Sep 25 2023, 11:37 AM) Not for long term holding of significant amount. Rakuten can bungkus anytime and you will lose everything. If short term trading its fine. Not so easy to be bankrupt coming from their Japan business 🤦♀️ also they are just using the branding for Rakuten while the assets are being managed locally by Kenanga QUOTE(sl3ge @ Sep 25 2023, 11:50 AM) Why bungkus? Yes back end by IBKR but the branding only use the name Rakuten hence you should not be worried because it is held locally and managed by Kenanga itselfRakuten is using ibkr back end if not mistaken. And rakuten is big japan company. |
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Sep 25 2023, 03:04 PM
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#3
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Senior Member
4,685 posts Joined: Jan 2003
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QUOTE(cybermaster98 @ Sep 25 2023, 01:32 PM) Assets are held by Kenanga? Yes 🤦♀️ otherwise how do you think are able to get SC approval for DAX The assets are held locally in custody trust under the requirements of restricted CMSL license held by them This post has been edited by xander2k8: Sep 25 2023, 03:06 PM |
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Nov 4 2023, 03:11 PM
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#4
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Senior Member
4,685 posts Joined: Jan 2003
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QUOTE(abcn1n @ Nov 2 2023, 06:14 PM) Sigh. I've read before that IBKR got support Tiger. But I would think that funds all kept separate, so its still some safety net if put in both places instead of only IBKR. Have never heard of Tastytrade (except from you) although I have heard of First Trade (but feedback is that its not so good). Guess I will hold on for the time being on opening a 2nd US brokerage. Have enough 'adventures/headache' with OCBC and other stuff recently. Need a break If you willing to pay 🤦♀️ why not open through bank brokerages like SCB |
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Nov 6 2023, 12:22 PM
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#5
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Senior Member
4,685 posts Joined: Jan 2003
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QUOTE(abcn1n @ Nov 4 2023, 10:28 PM) Err, not interested in SCB SCB just an example 🤦♀️ got many other banks instead that you like only you have pay more brokerages |
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