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Which broker do you use???

Which broker do you use???

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yawnyawn Offline
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#7
10-02-2015, 10:26 PM
(10-02-2015, 10:05 PM)GFG Wrote:
(10-02-2015, 09:42 PM)fat al Wrote:
(09-02-2015, 04:21 PM)GFG Wrote: ... Interactive Brokers ...
Can I buy local stocks with these online brokerages, and does the stock I buy go into my CDP straight?
How about other corporate actions such as dividends and stock splits etc?

Interactive brokers covers SGX.
https://www.interactivebrokers.com/en/?f...tity%3Dllc
It is a cash/margin account and by default not linked to your CDP account. You can of course manually transfer securities to and fro between CDP and IB.

From Iras, there appears to be no withholding tax issue.
https://www.iras.gov.sg/irasHome/page04....d_payments

Pardon me for being morbid, you may want to take into consideration inheritance/estate tax exposure. I recalled reading from this forum long time back that someone mitigate this by having joint account holders.
http://www.irs.gov/Individuals/Internati...ax-Returns
http://en.wikipedia.org/wiki/Estate_tax_...-residents

The commission for IB is only 0.08%? That's substantially below the 0.25-0.28% for local ones. I chanced upon it and am wondering why nobody seems to be using them instead of the local ones

IIRC, Singaporeans can't trade SGX stocks through IB. Do let me know if the rule has changed as i will immediately head down to IB Tongue
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Messages In This Thread
Which broker do you use??? - by GFG - 09-02-2015, 04:21 PM
RE: Which broker do you use??? - by butcher - 10-02-2015, 05:18 PM
RE: Which broker do you use??? - by Contrarian - 10-02-2015, 06:06 PM
RE: Which broker do you use??? - by kelvesy - 10-02-2015, 06:15 PM
RE: Which broker do you use??? - by GFG - 10-02-2015, 09:36 PM
RE: Which broker do you use??? - by mulyc - 11-02-2015, 09:12 PM
RE: Which broker do you use??? - by soros - 11-02-2015, 11:57 PM
RE: Which broker do you use??? - by CityFarmer - 12-02-2015, 09:21 AM
RE: Which broker do you use??? - by Temperament - 12-02-2015, 05:12 PM
RE: Which broker do you use??? - by mulyc - 12-02-2015, 10:26 PM
RE: Which broker do you use??? - by Wildreamz - 01-06-2016, 09:40 AM
RE: Which broker do you use??? - by pianist - 01-06-2016, 01:55 PM
RE: Which broker do you use??? - by madagnet - 01-06-2016, 10:56 PM
RE: Which broker do you use??? - by cif5000 - 29-09-2016, 09:37 AM
RE: Which broker do you use??? - by edragon - 29-09-2016, 09:55 AM
RE: Which broker do you use??? - by specuvestor - 29-09-2016, 10:36 AM
RE: Which broker do you use??? - by Bibi - 19-12-2018, 09:15 PM
RE: Which broker do you use??? - by karlmarx - 19-12-2018, 09:36 PM
RE: Which broker do you use??? - by Bibi - 20-12-2018, 09:07 AM
RE: Which broker do you use??? - by karlmarx - 20-12-2018, 10:24 AM
RE: Which broker do you use??? - by Bibi - 20-12-2018, 12:15 PM
RE: Which broker do you use??? - by soros - 21-12-2018, 07:55 PM
RE: Which broker do you use??? - by Bibi - 21-12-2018, 08:08 PM
RE: Which broker do you use??? - by soros - 25-12-2018, 01:39 PM
RE: Which broker do you use??? - by soros - 25-12-2018, 01:49 PM
RE: Which broker do you use??? - by weijian - 25-12-2018, 04:52 PM
RE: Which broker do you use??? - by soros - 26-12-2018, 11:29 PM
RE: Which broker do you use??? - by Bibi - 27-12-2018, 08:25 AM
RE: Which broker do you use??? - by angelzsoul - 21-01-2019, 02:02 PM
RE: Which broker do you use??? - by soros - 22-01-2019, 12:18 AM
RE: Which broker do you use??? - by dreamybear - 05-10-2019, 10:56 PM
RE: Which broker do you use??? - by dreamybear - 25-05-2024, 11:01 PM
RE: Which broker do you use??? - by gzbkel - 26-05-2024, 11:33 AM

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