How to Open Interactive Brokers Account (Updated) - Step by Step Guide

Поділитися
Вставка
  • Опубліковано 4 лис 2024

КОМЕНТАРІ • 213

  • @ZietInvests
    @ZietInvests  7 місяців тому +6

    🔴 𝗦𝘁𝗮𝗿𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗜𝗕𝗞𝗥 ➡️ ziet.link/25-know-more-about-IBKR
    If you found this video helpful, it would do our team a great pleasure if you can check out Interactive Brokers (with the link above), as we will receive a very tiny kick back - we promise to make more and higher quality videos for all of you ❤ Have a nice day ahead!

    • @tranfozinvestor
      @tranfozinvestor 7 місяців тому +1

      done with the click. btw i am trying to use the cryto function, do u have a video about how to set it up?

    • @nurhidayat2333
      @nurhidayat2333 5 місяців тому +1

      awesome ziet, for the next tutorial, please do deposit MYR with bank transfer via wise method

    • @ZietInvests
      @ZietInvests  4 місяці тому

      @@tranfozinvestor thank you so much! i dont trade crypto myself tho

    • @ZietInvests
      @ZietInvests  4 місяці тому

      @@nurhidayat2333 here you go! ua-cam.com/video/8YeDT2ol1K0/v-deo.htmlsi=LLYjsiElKNXHZfU1

  • @welson9922
    @welson9922 7 місяців тому +19

    15:46
    The better way to reduce the amount of currency conversion fee charged is to convert MYR to USD in Wise first, then deposited the converted USD to IBKR in IBKR. The difference is around 2-3% which can be a lot depending on how much you deposit.

    • @drbenirusani
      @drbenirusani 6 місяців тому +1

      Hi Welson9922 good tip I just gave you a thumbs up.! May I ask a Question: I heard we could also fund IBKR account by opening up a CIMB account in Singapore. So Step 1) we transfer our RM from CIMB Malaysia to CIMB Singapore. Step 2) We transfer from CIMB Singapore into IBKR (which should be free?) -- just that not sure better to transfer in SGD or in USD. What do you think -- do we save any additional fee by using this method?

  • @bryanohweijun
    @bryanohweijun 7 місяців тому +15

    I would love to see a detailed IBKR Vs MoomooMY comparison video 🤩

    • @ZietInvests
      @ZietInvests  7 місяців тому +6

      Coming very very soon! (Editing now!!)

  • @rafnoti6084
    @rafnoti6084 3 місяці тому +2

    Great video ! 👏👏👏 Please give me some advice. I am from Europe and went through all the procedures to open a margin account, uploaded all the documents, even the water bill with my address, and I waited 2 days for IBKR to inform me that they rejected me and that they could not continue with the account opening. What can I do now, who should I complain to, or should I try again to open another account with IBKR with the same procedure? I am asking for your advice in this regard because now I don't know what to do anymore. If I still cannot open an account with IBKR, which other broker would be good? I am most interested in options trading on the american market. That's what I studied the most, and for the last year I had quite good results on the demo account on IBKR, and now I can't use any of it. Please advise! Thank you very much ! 🙏🙏🙏

  • @SvenSchuler
    @SvenSchuler 17 днів тому +1

    Whee you have to say whether dou alteady have experience, there is always an error message for the years. I chose 3 years. What could be the problem?

  • @walidcheikh9053
    @walidcheikh9053 7 місяців тому +1

    Hi Ziet.
    I love your content, and I became a regular follower of your videos. Keep the high quality work.
    I have a question for you, which I had searched over the internet, but I always find contradicting answers.
    Distributing etfs are kind of obvious. However, accumulating ones, how do they work in details?
    Some say that acc etfs "dividends" are reinvested into the fund, and thus increasing shareholders amount of shares.
    Some others say that number of shares never changes unless you buy more, but only the price of a share increases because of the reinvestment of the fund into itself.
    Do you have some detailed answer about this?
    Maybe you can make a video about it, since no one youtube explains accumulating etfs reward mechanism really.
    Maybe you can take Ishares core S&P 500, CSPX and IDUS as examples, since US finds are only distributing.
    From Morocco I send best wishes for your investment journey.

  • @makeitbreakitan39
    @makeitbreakitan39 Місяць тому +2

    Very well made video, helpful. Thanks have a great day.

  • @oleksiypopov582
    @oleksiypopov582 Місяць тому

    Ziet, I would appreciate your understanding if you are considering opening an account with IBKR. It is important to mention your tax number from your country of origin. If you do, IBKR will provide relevant information to your country, including all your assets in IBKR. You will then be required to pay tax. Due to my professional background, I am exempt from tax, but I have my TIN. Should I choose to provide my TIN or opt for another option?

  • @runfayu6476
    @runfayu6476 7 місяців тому +1

    Hi Ziet, Thank you for the video, would like to check with you that I want to open IBKR account, I am Chinese but have been worked In Singapore for few years and now still working In Singapore, how to fill in the address, tax residency, work information? like the address, I fill in the one from my China ID or fill in the Singapore one, same as tax residency?

  • @tradetrialwiyono
    @tradetrialwiyono Місяць тому +1

    this is video i am looking for. auto subscribed. thanks from Indonesia

  • @mejd000
    @mejd000 14 днів тому +1

    HELP HELP !🥴 to open IBKR account , I come from Poland but live (tax also) in Norway . I am confused what polish or norwegian informations put correctly.I have only polish ID

  • @singjoocheong5683
    @singjoocheong5683 7 місяців тому +1

    Hi Ziet,
    Buying fractional shares means we can't select outside rth, would it result in us being unable to buy the shares after placed a buy order?

  • @dianadaurbekova7964
    @dianadaurbekova7964 Місяць тому +1

    Hi, thanks for the detailed guide, do I have to indicate my second citizenship?

  • @PENGCHEENSEE
    @PENGCHEENSEE 7 місяців тому +1

    Hi Ziet, IB requests me to upload supporting document for address, but the thing is the address on my utility bill is different from my NRIC, what should I do?

  • @kenjispirit
    @kenjispirit 15 днів тому

    Hi Ziet, I have USD currency in a foreign bank account (non-US), is there any better way other than wise? I did check on WISE if I were to add money into wise by "SWIFT" there is a SWIFT fee incurred? Not to mention there may be additional fees from the bank itself?

  • @crysjoseph9597
    @crysjoseph9597 Місяць тому

    Thank you for sharing this. I made an attempt to sign up following your instructions. I had problems scanning the block code so uploaded my photo ID. The next day I wasn't able to access my account. Still can't. What do you suggest that I do?

  • @lovelymomento8314
    @lovelymomento8314 3 місяці тому

    Great Video. Thanks. But, I do have a question. If I want to move USD funds from my Fidelity Account (non-personal account) to IBKR directly, what information do I need from IBKR to set up a new transfer instruction in Fidelity? Do I use Bank Wire as the method? Do I enter "Fidelity" as the Sending Institution?

  • @Slayre77
    @Slayre77 4 місяці тому

    Hi, what Base Currency would you recommend to set? USD or something else like SGD?

  • @tteh599
    @tteh599 7 місяців тому

    Hi. With IBKR base currency set at USD (for US stock investment), if we want to invest in SG stock via same IBKR acc, i notice the charges to deposit SGD into IBKR from wise SG wallet is quite high. Any way to solve this? Is it necessary to deposit SGD into IBKR to buy SG stock in the first place? thanks!

  • @seunlider4006
    @seunlider4006 Місяць тому

    which option to choose on purpose of trading if i want to trade Futures ? I know is not only Growth thanks to your video

  • @biohackersGlobal
    @biohackersGlobal 7 місяців тому

    what are the AMC charges and how much is the minimum amount that must be kept with IBKR?

  • @chengdesiree
    @chengdesiree 2 місяці тому +1

    Thank you Ziet! You are so helpful. Appreciate your content. Subscribed!

    • @ZietInvests
      @ZietInvests  Місяць тому

      Awww thank you so much desiree!

  • @mohamednizam8527
    @mohamednizam8527 13 днів тому

    Is there any initial money need to be deposited upon opening act? If I open the act first funding it later is there a penalty?

  • @AngelKhor-h7l
    @AngelKhor-h7l Місяць тому

    Hi Ziet, can we directly fund HKD to IBKR from WISE?

  • @bolthistory6674
    @bolthistory6674 4 місяці тому +1

    Hi, what happen if I select interactive brokers as someone else instead of institution/charity in wise, can I able to send money to mu IBKR account

  • @deborah2976
    @deborah2976 4 місяці тому +1

    do they calculate the number of shared traded in a month? if a person trade options..thts like 100 shares each trade

  • @Deofinancialchannel
    @Deofinancialchannel 9 днів тому

    I have a question. My base currency is Canadian dollars and want to buy US stock. Do I need to converse money one time and use the US money again and again?

    • @ZietInvests
      @ZietInvests  6 днів тому

      Yup you will need cash in USD to buy US stocks, you can let it auto convert as well but that would be pricey (2 USD each time)

  • @frazierkok5795
    @frazierkok5795 3 місяці тому +1

    Hi Ziet, hope you see this message. I have a question regarding the account ownership of the stock I purchase through InteractiveBrokers. Would it be under my name or would it be under a nominee account?
    This is important, because I want to participate in the voting of the company shareholders meeting proposals and such. TQVM.

    • @ZietInvests
      @ZietInvests  3 місяці тому

      Hello! Your stock with IBKR are (usually) held under a nominee account. This means the stocks are held in the broker’s name, but you still have the beneficial ownership. For participating in shareholder meetings and voting, you can usually request a proxy from them.
      This is actually the same for any other stock brokers that provide you access to US stocks - hope this helps!

    • @frazierkok5795
      @frazierkok5795 3 місяці тому

      Good. I have an account with UOB Kay Hian, and they didn't give a damn when I requested to vote for a proxy. But the voting is just not catered for in their system, I have to pay a few hundred dollars for a snail mail voting process if I insist on voting.

  • @ВикторЗаиченко-ч3щ
    @ВикторЗаиченко-ч3щ 2 місяці тому +1

    Thanks you, your expication was very clear and in my opinion best that I saw! Thanks you!!!❤❤❤

  • @desireecheng7181
    @desireecheng7181 2 місяці тому +1

    Hi Ziet, thank you for your videos. I have finally setup my account! I have funded it but whenever I put in a trade, it gets cancelled. I followed all your steps. Maybe the limit is an issue ? How do I determine a fair price to put as the limit ? Thank you!

    • @ZietInvests
      @ZietInvests  2 місяці тому

      Hi Desiree, glad to hear you’ve set up your account! For the limit price, you can check the current market price and set your limit slightly above (for buy orders) or below (for sell orders) to increase the chances of execution. Hope this helps~

    • @desireecheng7181
      @desireecheng7181 2 місяці тому

      @@ZietInvests thank you Ziet! Keep up the great work. You’re doing amazing things for us all

  • @dginvestor6483
    @dginvestor6483 21 день тому

    How about gotrade apps sir can you recommend it or not

  • @gustavoc.pereira7024
    @gustavoc.pereira7024 2 місяці тому

    Hi @ZietInvest, my question after watching this video is: Where can I see the details of all other fees after changing to Tiered pricing? Will it be visible in the account statement?

    • @ZietInvests
      @ZietInvests  Місяць тому

      Hi gustav, you should be able to see the breakdown of fees in your account statement under the "activity" section after switching to Tiered pricing. IBKR typically lists all the fees, including commissions and regulatory charges, there.

  • @SusanLow-y9j
    @SusanLow-y9j 3 місяці тому +1

    Hi, I have opened a sub account with IB. I want to use the sub account for stock trading. From the TWS screen, how do i switch to the sub account or should I log out and log in again in order to use the sub account? Thanks

    • @ZietInvests
      @ZietInvests  3 місяці тому

      Hello Susan, if memory serves me well, you can do it directly from the TWS screen. Just go to the top right corner where your account information is displayed, click on the drop-down menu, and select the sub account you want to use. Hope this helps!

  • @enes6100
    @enes6100 7 місяців тому

    Once we have created an account with Interactive Brokers and been approved, how do we log into the account?

  • @AM-kh8wx
    @AM-kh8wx 19 днів тому

    How can i switch my paper account from margin to cash please?

  • @soriyarin718
    @soriyarin718 4 місяці тому

    HI Ziet. I have another question related to creating an account in Interactive Broker. is it true that we could start earning up to $1000 of IBKR Stock for free through someone? Would you mind to explain about this? thanks a lot.

  • @smo5998
    @smo5998 5 місяців тому +1

    Hi! Very informative vids. But does IBKR has a minimum amount to fund your acct??

    • @ZietInvests
      @ZietInvests  4 місяці тому

      Hello! No minimum funding requirement☺️

    • @alikhalil2863
      @alikhalil2863 2 місяці тому

      @@ZietInvests what about PDT rule?

  • @P143-x8g
    @P143-x8g 6 місяців тому

    Hi Ziet, thank you for the guide. If i already put “I’m a student” for the tax residency part, can I still choose “employed” for employment? I have a side hustle provide me month income without having to pay tax.

  • @inquisitiveYT
    @inquisitiveYT Місяць тому

    I just open a new account via the sg website and when i log in to the new account, it points to the australia website. Is yours also the same?

  • @marxcyberian5765
    @marxcyberian5765 7 місяців тому

    Hi Ziet
    Do I still need IBKR if I already got MM? What does Moomoo lack from IBKR? I mean what is the pros and con?

    • @drbenirusani
      @drbenirusani 6 місяців тому

      u can't trade in LSE to avoid US 30% tax

  • @lucynjoroge6737
    @lucynjoroge6737 Місяць тому

    Hi @zietinvests what is the difference btw IBKR global vs IBKR mobile? Which one does one get? 🙊

    • @ZietInvests
      @ZietInvests  Місяць тому +1

      Hello lucy ~ both are from IBKR yea, "Global" is more beginner friendly and nicer to use, "Mobile" is suitable for everyone + more seasoned users (more trading tools), ultimately you can login to both apps using the same login credentials!

  • @agneswan958
    @agneswan958 3 місяці тому

    Hi Ziet, I am interested in trading options in the US market. How do we do it with IBKR? I am a Malaysian. Thank you.

  • @christianevanbudiawan4462
    @christianevanbudiawan4462 2 місяці тому

    Hi Ziet, I have questions regarding overnight swap fee. Lets say I use fixed fee structure and shorted 1 qty of MGCDES'24 (Micro Gold futures), do I just pay the regulatory fees?

    • @ZietInvests
      @ZietInvests  Місяць тому

      Hi Christian, you’ll likely just be paying the regulatory and exchange fees. The swap fees depend on how long you hold the position overnight - also best to confirm on IBKR’s fee schedule or with their customer support!

  • @vikinesan
    @vikinesan 5 місяців тому

    Hi Ziet, I already open new account with IBKR and funded the account. I also have Rakuten trade account with US shares portfolio. Can I transfer my shares from Rakuten trade to IBKR ? I dont wish to sell any shares unless no choice.

  • @gambinogambinos2439
    @gambinogambinos2439 Місяць тому

    Ziet, my biggest concern is how to protect against hacking? I put a password with maximum characters, but what else should I do? Thanks for video tutorial.

    • @vizodamasths
      @vizodamasths Місяць тому +1

      I think every time you do transactions an sms is sent for confirmation.

  • @vinashharryragunanan288
    @vinashharryragunanan288 6 місяців тому

    as a non resident of the USA, should i open an account in the USA or Ireland in order to avoid Situs tax in the USA

  • @soriyarin718
    @soriyarin718 4 місяці тому

    Hi, thanks for your video. I'm from Cambodia. it was really helpful for me. But I have question regarding to funding to our trading account. i saw you chose wise balance. I wonder, what I the different and advantages of selecting this Wise Balance? as I am in Cambodia, we also use USD, so still it is good to use wise balance option? and can you show how to widraw the money and return to our ordinary bank account? and what if we inactive with this trading account for a years or more, will our trading account will expired or cut? and will our money/stock are lost? thank you.

    • @ZietInvests
      @ZietInvests  4 місяці тому

      Hi soriyarin, I'm glad you found the video helpful! Using Wise can be helpful because it often offers better currency conversion rates and lower fees for international transactions (Since you're in Cambodia and use USD, it could still be a good option for you)!
      To withdraw money to your bank account, you can follow the steps provided by the platform in the transfer page / if anything can get their customer support to assist ya. Hope this helps!

    • @soriyarin718
      @soriyarin718 4 місяці тому

      @@ZietInvests Thank you so much for your response and explanation. How about the dividends, did you get full dividends from the stock companies or is there any reduction from the interactive broker? and as I am a beginner from Cambodia, what else will you kindly recommend? thank you sooooo much for your support and guideline.

  • @SteelWhiskers
    @SteelWhiskers 2 місяці тому

    Hi Ziet, I already have an IBKR paper trading account for a few months and now ready to fund this account. Do I need to open a new account or can I start funding via this paper account? Thanks for the guidance.

    • @ZietInvests
      @ZietInvests  2 місяці тому

      You don’t need to open a new account. You can fund your existing IBKR paper trading account directly! Good luck!

  • @jasonffx01
    @jasonffx01 6 місяців тому

    Hi Ziet, is the market data free?
    Been using moomoo since launch but there are some limitation to order type (cannot attach bracket order other than market or limit order) which gives me headache when it comes to execution for scalping. Plan to use ibkr for that purpose.

    • @ZietInvests
      @ZietInvests  6 місяців тому

      Hi jason, yess their market data is free for most US stocks/ETFs and other market (but deeper level data need subscription)

  • @IDH258
    @IDH258 6 місяців тому

    I would love to do long term investment through interactive brokers. If I buy a few stocks and it tumbles, do I still have those stocks but at their lower price or does the margin level cut me out and I lose everything?

  • @messi-nt7vc
    @messi-nt7vc 6 місяців тому

    Just a question how much does it cost when i will fund my wise account ? Bcs from bahrain its showing me 1000usd will cost 15$ anyway so it will be 21 usd then when i will sell my etfs or stocks how much does interactive brokers charge me ? And when i withdraw to my bank account how much will be the fee ? Can u tll me
    So lets say if i invest 10000usd and its cost me 210 usd . When i will withdraw my 10000 lets say its become 11000 can i know how much interactive will charge me from withdrawing from ibkr to my bank account in bahrain ??

  • @srichandrakumarkathiravell187
    @srichandrakumarkathiravell187 5 місяців тому

    Hi Zeit , can we trade options with IBKR ? Thanks in advance

  • @sandwelljohnson8157
    @sandwelljohnson8157 Місяць тому +1

    Hello ziet
    Johnson here
    Thank you for your content it's really helpful. I'm a beginner to investing. I'm from Nigeria but I'm living legally in Ireland europe, i just want to open account with IBKR. You said we should use our country on the registration, i have Ireland driver's license too can i use it?

    • @ZietInvests
      @ZietInvests  Місяць тому +2

      Hey Johnson, glad you found the content helpful! 😊 Yes, you can use your Ireland driver's license to open an IBKR account. Just make sure to select Ireland as your country when registering since you're legally residing there. Do double check with IBKR's support if you're unsure about any docs!

  • @macmike205
    @macmike205 2 місяці тому

    Hi, I would like to add the 2nd account with different currency (1st in EUR and 2nd in US). How I choose a currency when I open an additional account?

    • @ZietInvests
      @ZietInvests  2 місяці тому

      Hi Mike, you can select the currency during the 2nd account setup process. Just follow the prompts and choose your desired currency!

  • @absthzaraysff302
    @absthzaraysff302 6 місяців тому

    learned alot from ur videos.... can't wait to start the journey.

  • @samuelzev4076
    @samuelzev4076 7 місяців тому +1

    Can i ask since ibkr is your main investment platform whatever happened to trade station, is it still around?

    • @ZietInvests
      @ZietInvests  7 місяців тому +1

      Hi sam, i already delinked from TSG-IBKR into IBKR long time ago, updated in this video: ua-cam.com/video/DuPjLTVuG6U/v-deo.htmlsi=x1ztX8p5KRJ2fvbL

    • @samuelzev4076
      @samuelzev4076 7 місяців тому

      @@ZietInvests yes that i know but my question is since most investors on TSG have migrated to IBKR, is the TSG platform still available or has it been erased by ibkr?

  • @benjaminchin1458
    @benjaminchin1458 6 місяців тому

    Hi, may i know, what if I'm already moved and the address showing in my IC is no longer that? All the relevant supporting docs verifying my address would definitely be different from my IC. Will IB still approve my account opening? or What should I do?

  • @Ganesh16396
    @Ganesh16396 4 місяці тому

    Hi Ziet, I'm already using IBKR AU (Australia).
    Can I open another "additional" IBKR account , for eg: IBKR US.?
    Tq

    • @ZietInvests
      @ZietInvests  4 місяці тому

      hi ganesh, i dont think thats possible, but you can try asking their customer support!

  • @soriyarin718
    @soriyarin718 3 місяці тому

    Hi Ziet, is it good link IBRK with Wise account? thank you

  • @JJ-ee6tm
    @JJ-ee6tm 4 місяці тому

    Hi Zoey I couldn’t find the open jar option in wise home page, how to put money into wise?

  • @matthewlewis2223
    @matthewlewis2223 4 місяці тому

    Hi is a margin account the same as the ability to use CFD's for stock trading?

    • @ZietInvests
      @ZietInvests  4 місяці тому

      Hi Matt! A margin account and using CFDs for stock trading are similar (related) but not entirely the same.
      A margin account allows you to borrow money from your broker to buy stocks, giving you leverage.
      CFDs (Contracts for Difference) are financial derivatives that let you speculate on price movements without owning the underlying asset, also using leverage. Both involve borrowing and leverage, but CFDs are specific to trading contracts rather than actual stocks.
      Hope this clarifies!

  • @lastmedia6
    @lastmedia6 3 місяці тому

    Hi Ziet, is it possible to add fund through Western Union for wire transfer to interactive broker account because revolut, wise cant send my currency

  • @shin-shin9790
    @shin-shin9790 6 місяців тому

    So would it be cheaper to fund using CIMB or Wise?

    • @ZietInvests
      @ZietInvests  6 місяців тому +1

      CIMB SG + Wise definitely cheaper, but by just a small margin. Wise is easier for all intents & purposes

  • @ps54955
    @ps54955 3 місяці тому

    Hi, Ziet, thak you for information, and you are also muslim so thanks for information about Halal,
    I have a question, i am citizen of Canada but previous indian, which platform i can open account for trade to trade from Market in India, stocks, etfs, mutual funds, currency Everything, i can register Or willing to do paperwork, No problem. Please guide me.

  • @geoffreylee1780
    @geoffreylee1780 7 місяців тому +3

    Can make a comparison video between moomoo and ibkr?

    • @yoshiYoishIRL
      @yoshiYoishIRL 7 місяців тому +1

      moomoo can't do fractional share but can invest in Malaysia stock market. IBKR is the opposite. I recommend using both for their own purpose!

    • @ZietInvests
      @ZietInvests  7 місяців тому +2

      That video is being edited now! Should be up in the next 2 weeks 😊

  • @mohanfonseka6256
    @mohanfonseka6256 2 місяці тому

    Is this fee structure the same for everyone in different countries of residency? what is the minimum per order? does it mean transaction? how does determine maxium per order per transaction?

    • @ZietInvests
      @ZietInvests  2 місяці тому

      IBKR’s fee structure can vary by country and account type. The ones mentioned here is for anyone trading the US stocks & ETFs.
      The minimum per order is based on transaction value.

  • @yenlingyu3175
    @yenlingyu3175 3 місяці тому

    Hi Ziet, do you know if Malaysian can open an account through Ibkr Singapore instead of Ibkr LLC?
    I opened an account, the branch is automatically ibkr llc...

  • @johnt7806
    @johnt7806 7 місяців тому

    Hi, any recommendations to trade options with a small account in Malaysia? Tried interactive brokers but didn't satisfy their liquid net worth requirements.

    • @ZietInvests
      @ZietInvests  7 місяців тому +1

      Hi john, i dont think there’s much legit platform that allows you to trade options without those restrictions due to regulatory requirements. Can try TastyTrade tho

  • @limann8866
    @limann8866 4 місяці тому

    For the tin number when i put alphabet at front it says not valid. When i put nunbers ony it can be accepted. Will it be a problem?

  • @yvonnelee2401
    @yvonnelee2401 6 місяців тому

    Hi Ziet, already had Trade station Global still can open IBKR account?

  • @ZJ789-s8i
    @ZJ789-s8i 3 місяці тому

    Hi Sir, may i know if there is any fee for account opening? And any charges for inactive opened account?

    • @ZietInvests
      @ZietInvests  3 місяці тому +1

      Nope, no fees for account opening or inactive account! It's all free now!

  • @limkeanyee
    @limkeanyee 5 місяців тому

    Good evening sir, am Lim from Malaysia, I got an issue that bothering my head… the issue is when I funded my trading account / deposited money , the receiver are NOT THE RESPECTIVE BEOKER PLATFORM ACCOUNT NAME but An Individual name or others entity name accounts holder..
    Be it PEPPERSTONE, TICKMILL, OCTA, GMI etc…
    For your infor I am keen in Forex trading..

    • @NishadOctaRepresentative
      @NishadOctaRepresentative 5 місяців тому

      Hi! We regret you feel that way. Octa is a global broker, providing its services in the financial markets since 2011. We are currently present in over 150 countries, abiding by international laws and standards, ensuring that our clients have a safe and secure trading environment. We request you to please share your trading account number along with a little detail of the issue you are facing via email. Our teams will investigate the matter to find you the best solution. We are always available for you.

  • @CatchingFandF
    @CatchingFandF 2 місяці тому

    Hi, I am from Philippines but i am currently working in Cayman Islands. What country should I put? Thank you !

    • @ZietInvests
      @ZietInvests  2 місяці тому

      Hi, best to put Cayman Islands as your country of residence!

    • @CatchingFandF
      @CatchingFandF Місяць тому

      @@ZietInvests thank you! Even if I use my Philippine passport as my identification?

  • @wcheow81
    @wcheow81 3 місяці тому +1

    how to transfer shares from local bank trading account to IBKR?

    • @ZietInvests
      @ZietInvests  3 місяці тому

      hello, i dont think you can do that because local banks dont allow such bank transfers from a CDS to non-CDS brokerage account (IBKR's)

  • @limkeanyee
    @limkeanyee 5 місяців тому

    Good evening sir, am Lim from Malaysia, I got an issue that bothering my head… the issue is when I funded my trading account / deposited money , the receiver are NOT THE RESPECTIVE BEOKER PLATFORM ACCOUNT NAME but An Individual name or others entity name accounts holder..
    Be it PEPPERSTONE, TICKMILL, OCTA, GMI etc…
    For your infor I am keen in Forex trading.. And if I sign up
    with IBR INTERACTIVE would problems incur?!..
    Why’s this individual name happen instead THE BEOKER NAME.. KINDLY ADVISED…🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

    • @ArmitOctaRepresentative
      @ArmitOctaRepresentative 5 місяців тому

      Hi there! Thank you for raising your concern. We would like to address this concern. When you fund your trading account, the receiver's name may sometimes appear as an individual or a different entity. This can occur due to the payment processing system used by our payment providers or financial partners, which might not always display the broker platform's name directly. Please be assured that your funds are still securely deposited into your trading account. At Octa, we take the security and transparency of our clients' transactions very seriously. Hence, our Customer Support team is available 24/7 via live chat and email to assist you if you have any questions or concerns.

  • @waltxbki
    @waltxbki 6 місяців тому

    will this be the best platform to invest on SNP500 out of all your videos?

  • @winkwinklilstar8499
    @winkwinklilstar8499 7 місяців тому

    Hi Ziet, does ibkr allow day trading?

  • @Willcasetech
    @Willcasetech Місяць тому

    hi ziet pls i need your help i tried but could not pass the configure your trading account with this popup sms "Your investment objectives are not consistent with the type of account you have applied for. Please re-check your selected objectives or re-apply later if your objectives change.
    IMPORTANT: Please note that IBKR does not disclose the Financial Profile eligibility requirements and those requirements are subject to change at any time." pls help

    • @ZietInvests
      @ZietInvests  Місяць тому +1

      Hey, sorry to hear you're having trouble with that IBKR setup! The error usually pops up when your investment objectives don’t match the account type you selected. Try reviewing your goals or adjusting your account settings to see if that helps. If it keeps happening, contacting IBKR support directly might give a clearer solution. Good luck!

    • @Willcasetech
      @Willcasetech Місяць тому

      @@ZietInvests thanks you 🔥

  • @mrn900
    @mrn900 3 місяці тому

    Hi Sir, i am from Malaysia, what base currency I must choose?

    • @ZietInvests
      @ZietInvests  3 місяці тому +1

      Hi, you can go with USD, it doesnt really affect much other than the commission you pay to convert currency (fixed at 2 USD). Hope this helps!

  • @mohanfonseka6256
    @mohanfonseka6256 2 місяці тому

    Does interactive brokers platform deal real US stock or CFDs?

  • @bharani9947
    @bharani9947 2 місяці тому

    i want to open account for option seling, what are the box i going to tick pls guide me

    • @ZietInvests
      @ZietInvests  2 місяці тому

      For opening an account to trade options, look out for the box or field asking about your experience level and trading objectives. Also, make sure to check if there’s a margin account option if you need that.

    • @bharani9947
      @bharani9947 2 місяці тому

      @@ZietInvests thank you.yeah which one is good for option trading cash account or margin account?!

  • @mohhafez63
    @mohhafez63 Місяць тому

    What shall i do if i put my country of residence rather than my country of origin? How can i solve this issue ?

    • @ZietInvests
      @ZietInvests  Місяць тому +1

      Hey! If you mistakenly put your country of residence instead of your country of origin when setting up the account, you can usually correct it by updating your account details in the "Client Portal." If it’s not letting you, IBKR support can help you make the necessary changes. 😊

  • @ak.scriptbook
    @ak.scriptbook 6 місяців тому

    Hi brother…let’s say my name is Mary Kok Mei Li. And I always put Mary as first name and Kok Mei Li as last name …is it acceptable?

  • @ahwai9606
    @ahwai9606 2 місяці тому

    Hi Ziet, how to request options permission level 2? I keep get error saying finance requirement not met.

    • @ZietInvests
      @ZietInvests  2 місяці тому +1

      Hi! For options permission level 2, you might need to check your account details or provide additional financial information to meet the requirements. Sometimes it's just about tweaking your application details, can maybe try reaching out to their support team for more specifics!

  • @andrewphg9626
    @andrewphg9626 7 місяців тому

    Hi Ziet, just to mention for employment, can I put retire?

    • @ZietInvests
      @ZietInvests  7 місяців тому +2

      Hi andrew, can! They might (or might not) ask for your financial information (like income source later on)

  • @crosundow
    @crosundow 4 місяці тому

    Is it there another app available my current country I'm right now is no available currency in wise😢.

    • @ZietInvests
      @ZietInvests  4 місяці тому

      which country are you from 👀

  • @VanessaofTheCollectiveBaltazar
    @VanessaofTheCollectiveBaltazar 2 місяці тому

    Hello! Can I change the username after creating an IB account online?

    • @ZietInvests
      @ZietInvests  2 місяці тому

      hi vanessa, i believe you cant do that :x

  • @gurpreetchahal5528
    @gurpreetchahal5528 6 місяців тому

    hi ziet i fill the application to open intractive brocker account but they don’t approve my application. they don’t proved specific reason so you know how i get the approval

  • @KokSamWong
    @KokSamWong 7 місяців тому +1

    Hi. U recommend moomoo or ibkr ? Moomoo in malaysia macam cannt buy fractional share is it but the interface is more user friendly and easier to fund

    • @ZietInvests
      @ZietInvests  7 місяців тому +4

      Hi there! Overall i’d prefer IBKR for lower fee (without stamp duty), but moomoo does have its appeal in terms of user interface and localised support in Malaysia (+ licensed by SC Malaysia. Ill have a detailed video comparing both of these uploaded in the next 2 weeks! Stay tuned😁

  • @soonhengvoon6281
    @soonhengvoon6281 3 місяці тому

    Hi, can ask apps version to buy fractional shares?

    • @ZietInvests
      @ZietInvests  2 місяці тому

      Yes! IBKR allows fractional shares trading!

  • @NickGhale
    @NickGhale 6 місяців тому

    Hi Ziet, with these configurations, I am unable to request trading permissions to trade bonds

    • @ZietInvests
      @ZietInvests  6 місяців тому +1

      Thanks for the note Nick, do you mind check with the customer support live chat to get your hands on bonds?

  • @robertch1000
    @robertch1000 5 місяців тому

    I am not able to fund the account from wise USD account, tried a few times but the requests are getting rejected. Can it be because the address verification is still pending ?

    • @ZietInvests
      @ZietInvests  5 місяців тому +1

      Hi Robert, high likely! Wait for verification (should be very fast) and then it should be good to go!
      Also double check if you are following the steps correctly, can follow this video guide: ua-cam.com/video/8YeDT2ol1K0/v-deo.htmlsi=XG1Y0v4T0a5A3lUP

  • @naseralnaqi1023
    @naseralnaqi1023 7 місяців тому

    Hi, as an investor from the middle east with no tax treaty with US but currently owns VOO. Is it worth it to sell my VOO stock and buy up VUAA? Or should I keep my VOO stock and just buy VUAA from now on? Thanks in advance!

    • @persieprince9345
      @persieprince9345 6 місяців тому

      Yes you should do that , ishares cspx is the biggest sp 500 in the uk or vuaa choose one of them

    • @naseralnaqi1023
      @naseralnaqi1023 6 місяців тому

      @@persieprince9345 just to confirm you're saying I should sell or keep my currently VOO stock?

  • @makeitbreakitan39
    @makeitbreakitan39 Місяць тому +1

    21:07 if someone know the music I want to know please

  • @yousefabdelsamie5983
    @yousefabdelsamie5983 3 місяці тому

    This was very helpful, thank you

  • @Jounyong
    @Jounyong 2 місяці тому

    hi, i have issues in date of birth, whatever i write DD/MM/YYYY or MM/DD/YYYY also wrong, what can i do?

    • @ZietInvests
      @ZietInvests  2 місяці тому

      Hmmm, not something i've faced myself, could be a glitch - try different browser? or clear browser cookies/cache and try again?

    • @Jounyong
      @Jounyong 2 місяці тому

      @@ZietInvests ok thanks, i already done

  • @RobertWong788
    @RobertWong788 7 місяців тому

    Hi Zeit, IBKR which mobile app to use?

    • @ZietInvests
      @ZietInvests  7 місяців тому +1

      Hi Robert, i use the IBKR Mobile, can download from here (scroll down to the bottom): www.interactivebrokers.com/en/trading/tws-mobile.php#trytoday-drop

  • @khenghuatlim7264
    @khenghuatlim7264 5 місяців тому

    if scan driving license possible? IC has some risk.

    • @ZietInvests
      @ZietInvests  5 місяців тому +1

      Can try, but i believe they will ask for national ID 🥹

  • @alessioforte5946
    @alessioforte5946 4 місяці тому

    Thank you! - really helpful!

  • @sintoraphael1925
    @sintoraphael1925 4 місяці тому

    Is there any minimum amount to invest through IB ?