Can I transfer the money to other person bank acc? Example my sister US bank acc.

The bulls are rolling in.
Futures are pointing towards a higher opening.
C is up 3% and AIG is already up 12% in the premarket.

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Added on September 22, 2009, 9:11 pmAnyone heard of any possible buyout offers for ETFC? If this article is right, ETFC could be the next PER...

Why E*Trade is a must buy

This post has been edited by mH3nG: Sep 22 2009, 09:11 PM

C climbing to $5

Yup! Those cheapskates who wanted to buy C at $2 or $3 can continue to wait.

While we can take C higher to $5 and reap our profits!

yeah, let 'em wait. Or get 'em to buy AIG. Much better rite. since C is expensive at 4.60's and AIG is el-cheapo at 55.

well, i have to say that i want to buy but the W8BEN form not yet arrived. sad.

what happen to your forms? Which broker are you with?

with firstrade.
they insisted that the W8BEn form must arrive before i can trade.. i use normal air mail last monday.
all other forms are already ok.
I do have HLebroking US account, but too expensive to use.
any recommendation.

I'm not promoting MBtrading, but they accept scanned ID, forms etc. 2-3 working days for the approval.

today, I got my account as Margin after 2 working days. Everything via e-mail, signed the agreement and scanned it over.

It should be a good deal, like OptionExpress, but OE is too expensive.
MBtrading good or not? how much it charge?

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Added on September 22, 2009, 11:51 pmThat's y I am so angry, watching the gain that cannot be reap.
If I haven't wire the money, I will sure use mbtrading.
Now have to wait till one month before can request for check.

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Added on September 23, 2009, 12:12 amWell.. what I expect from them is actually I am their customer.
I give them the business and they earn my money.
so they should impose all those unnecessary rules to me as customers.
the federal rules do not say that I cannot trade without W8BEN form, it is firstrade themselves set the rules.

Perhaps they just feel that small customer like me nevermind one.

This post has been edited by epalbee3: Sep 23 2009, 12:12 AM

Watch S&P re-testing 1075, Dow 9850...
If break thru.. bam! Another leg up otherwise..take profits.
C going to test $5 ceiling again. If C breaks above $5, go long.

Same goes for FAS, trying to break out above 90.

Personally i feel OptionsXpress is better than Etrade and others else. Easy account application process, clear-cut trading process and less restriction in shorting and stock margin.

Dont becoz of small commission saving, you earn a penny but lose a pound.


p/s: I am still looking for broker able to do ACH transfer like Etrade. Any advice?

This post has been edited by cloud9_lee: Sep 23 2009, 12:30 AM

well, I believe you had made all the scanning of info before opening with them.

MBTrading customer service is good.

4.95/per trade is the commission.

>Speed of the quote is fast
< the software interference is horrendous. Not user friendly. They are working on the web-based client, probably will take another year.
Best of all, MB listen to the demand of customer and act accordingly. My voice was heard, even a small time client.

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Added on September 23, 2009, 12:35 ammissed BUY opps yesterday on URE/UYG. Arghhhhhhh

This post has been edited by zamans98: Sep 23 2009, 12:35 AM

I use TD Ameritrade and it does allow ACH Transfer to my US bank account, which also allow ACH transfer with PayPal as well. TD Ameritrade is 9.99/trade.

Unfortunately, I can't find any local bank in Malaysia that can do ACH transfer with US bank, not even Citibank or HSBC locally. If anyone know of one, please post.

This post has been edited by danmooncake: Sep 23 2009, 01:29 AM

i think ACH only limited to US, that's why it's free.

btw, you got margin account with TD Ameritrade? I applied last time but was rejected. Is there like a minimum requirement for the funds you have with them?

$25K min as per their requirement:

http://www.tdameritrade.com/day_trading_margin_req.html

thanks, danmooncake...i'm already Apex but no margin facility...maybe I should threaten to leave...lol

Dow 9829.87 +51.01 +0.52%
Nasdaq 2146.30 +8.26 +0.39%
S&P 1071.66 +7.00 +0.66%

NYSE has an amazing performance tonight eventho it didn't break the barrier.
Perhaps in the coming days.. it may do so.

That's it folks, I'm closing all my short term and daytrade positions for now and letting my long stocks to ride to DJ 10000 (if we are to get there).

I'm going off for overseas training in US, at the same time, to settle my accounts and collect money.

Good luck to all!

This post has been edited by danmooncake: Sep 23 2009, 04:35 AM

Right....but i will keep it for long....

Any idea to open US bank account in malaysia?