Interactive Brokers (IBKR)

[reddevil0728]

The website. Maybe it only applies to ACH transfer then. So the fastest deposit/withdrawal is within hours? Both the same?

oh wait you talking about withdrawal or deposit?

 

[greatgreenman]

oh wait you talking about withdrawal or deposit?

both

 

[twinklingstars]

Hi can I check with you guys. I have been converting SGD to USD manually and the commission is about 2 USD. I will then put in my trade manually which I presume there's another comission fee charged.

VS if I set a recurring trade, will this be more cost efficient?

Thank you!

 

[highsulphur]

Hi can I check with you guys. I have been converting SGD to USD manually and the commission is about 2 USD. I will then put in my trade manually which I presume there's another comission fee charged.

VS if I set a recurring trade, will this be more cost efficient?

Thank you!

Yes, there's a separate commission for the trade

For recurring trade, there's no fx charge but you won't know the price you will get for the trade until the end of the day. I tried the recurring trade before but decided it's not worth saving that $2. I rather convert and trade and have the certainty of the price I buy

 

[Equivocal2011]

Hi can I check with you guys. I have been converting SGD to USD manually and the commission is about 2 USD. I will then put in my trade manually which I presume there's another comission fee charged.

VS if I set a recurring trade, will this be more cost efficient?

Thank you!

Tbh, it's better to spend 45mins read finance headlines regularly and trigger transactions yourselves. Saves more $$ in long run.

 

[sohguanh]

Hi can I check with you guys. I have been converting SGD to USD manually and the commission is about 2 USD. I will then put in my trade manually which I presume there's another comission fee charged.

VS if I set a recurring trade, will this be more cost efficient?

Thank you!

If your recurring trade is using fractional it maybe ok as say each trade only USD 5 for e.g Other readers in this thread likely buy with full share not fractional hence each trade amount is much higher so they need to get a good price else lose big.

 

[twinbaby]

Hi there, I do not understand about the IBKR.
When I try to download the desktop application -> it says that the content is not meant for your country.

 

[Mephist0pheLes]

Hi there, I do not understand about the IBKR.
When I try to download the desktop application -> it says that the content is not meant for your country.

jus use browser or mobile app

 

[highsulphur]

No more free live data from lse?

 

[Euqorab]

If your recurring trade is using fractional it maybe ok as say each trade only USD 5 for e.g Other readers in this thread likely buy with full share not fractional hence each trade amount is much higher so they need to get a good price else lose big.

Maybe she buying brka

 

[reddevil0728]

No more free live data from lse?

They did send email about that. You didn’t get?

 

[highsulphur]

They did send email about that. You didn’t get?

No I didn't

 

[reddevil0728]

No I didn't

then I think your notification settings not turned on

 

[twinbaby]

1) Currently monthly recurring at 26-01-2024 for 1500 SGD
2) 700 USD into CSPX and 300 USD into VWRA on 30-01-2025 (monthly) -> What if CSPX's price one day hits above 700?
3) withdraw money every month
4) how can I invest the excess money -in the MMF

I would like suggestion on how I can make this more efficient

 

[Purplestars]

Is there any news of IBKR Lite being offered to Singaporeans on IBKR LLC?

 

[ahnyaahnya]

Borrowing this thread to ask.

For those who are using IBKR, where did you go to learn about how to use the desktop app?

I just set up the account with them and frankly speaking, I still can't figure out a few stuff. Like for instance, I tried to look for the ticker CSPX, and I saw 2 different ones which when I go into both, they don't seem to be that ETF that I am looking for to buy from London Stock Exchange.

I'm years late . But for what it's worth: CSPX is traded in more than one Stock Exchange. Look for the one that says LSE

 

[ahnyaahnya]

Hi! Any1 knows how to check the trading/commission fees in your IBKR account. I have read that IBKR has really cheap commission fees, but when I do a trade, the preview shows the estimated fee is 5 USD (I am buying IWDA and using tiered-pricing). I am not sure if I was actually charged 5 USD for the trade, so does any1 know how to check?

Click at the bars on top left corner.
Then Orders and Trades.
Then Trades.
Select the days/ month etc

You can then see each trade, including the commission charged

 

[xRenol]

Anyone know if IBKR got the option to exercise rights for SGX stocks?