🔴Learn more about Interactive Brokers: www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt By just clicking the above link, you will be able to support my channel without any cost to you! Thank you so much! 🔴IBKR Web Portal tutorial: th-cam.com/video/d3lbID8A-Yc/w-d-xo.html
Thumbs DOWN! Why the irritating, useless, loud music? It detracts from your video. Two minutes into your video I couldn't even concentrate on what you were saying so I ended it. Bye.
Brilliant, I would be lost without these videos. Just getting started on investing in shares, saw this was a great platform but on opening it, its complicated!! Your videos have certainly got me through to trading stocks efficiently and with confidence regarding limits, stop loss etc. Well done, IBKR should be proud of you!
Bro, been looking for such channel that purely caters for non US/EU residents and i must say ,am impressed ,been binge watching your videos for 4 hours now... keep it up and just got yourself a subscriber . Viewer from NAIROBI, KENYA.
Really great video! I don't usually write a comment but I feel that there is a need for me to write something down to appreciate this! As a beginner, you really help a lot in explaining and guiding me! Your video was very detail and easy to understand! Appreciate your effort and keep this energy going! Thank you so much. Looking forward to more of your videos!
Thank you Zeit! You made my journey to US stock easier and smooth. I really thought it is difficult to enter the market. You have been instrumental on this journey. Many thanks my friend!
Hi Ziet.. your videos have been truly helpful.. i have leant many many different things & your videos have made my investing journey that much easier! Keep up the great work (plus the funny side of your videos) & thank you very much!
Thank you so much for this introduction to the mobile device version of Interactive Brokers. It helped me tremendously. I wish you so much success in your trading.
Awesome video, really helpful! I have found IBKR to be bit confusing compared to other trading platforms, probably because it's designed also for professional traders, but you explain it extremely well and make it seem pretty straightforward, so thank you!
I'm glad you find it useful Ayesha! Just trying to help out everyone to start investing, and I believe it's not that hard once you get the hang of it right 😝😊
Hi there, it will only affect you if you are active trader, if not, just use external sources that are near to live (th-cam.com/video/dpL2LkNd2r0/w-d-xo.html), else just use the snapshot function inside IBKR before you buy will do!
Very clear shots and very helpful video. I created buy bracket order. After trade is filled. I can't find where it display my stop loss and target profit? I may want to raise stop loss.
Hi Swee Lian, you could try going to Portfolio/Positions > click on individual stock ticker, then see if you can set a Stop Limit SELL order. I don't use stop loss myself so I could be wrong in this case, but you can read more here: www.interactivebrokers.com/en/index.php?f=609
Ziet, you're a true legend man. I've submitted for an account with IBKR before I knew about Trading View from our videos, sadly. Also in my application, I chose Growth and Profits from Active tradings!. What Shall I do? Can I change that later somehow? Appreciate your help.
Hi Cambell, that doesn't matter to be honest, it will only affect your trading permission in terms of options and etc., but you can always change that later. Stay tuned for I have a tutorial on IBKR's web portal this Friday! Have a great week ahead!
Hi Ziet, Thanks so much for the video. I m trying to trade but fail because I didn’t convert my SGD currency. Now all is good for stock. Hope you can demo on option using the IBKR. I learnt from a college but they use TOS platform. 😔 I know you didn’t do option but still looking forward to see your video soon as it’s better than simply buy stock ☺️
Hi Hwee Ling, thank you very much for your kind words and suggestion. It might take a little bit while before I will be anywhere close to being an option trader, mainly because they are financial derivatives and not really an income generating asset. Also a kind of high risk investment that is hard for me to "share" with people, though I will see what I can do about it in the future. Thanks for watching!
Haha IBKR is really simple to use, here's the web portal version which I'm sure you will like it too: th-cam.com/video/d3lbID8A-Yc/w-d-xo.html Have a great weekend!
Great videos you got there! I'm just new to interactive brokers mobile app and your videos are helping loads. Keep it up! Just a quick question if you don't mind. I've just bought some shares of complex and leveraged products and under the order tracking, it's showing as green. But it is still not being executed and not under my portfolio. Is it normal and how long before it is executed?
So glad to know that Tak-Shin!! Re your question - usually it should be executed pretty quickly if there's no issue with liquidity (if it hits your limit buy price), try asking IBKR customer support on that? Not sure if you are on margin?
great video , especially for beginners of IB. Not many good video available on IB on youtube . thank you for such a comprehensive video on IBKR Mobile aspp. Just to double check with you, when converting SGD to USD , what conversion rate do IB use? Is it similar to usual Bank exchange rate (like local banks does) or better rate ?
Hi Ziet...thanks so much for this wonderful video... I just download (IBKR Mobile app) and noticed that there is no currency conversion tap from SGD to USD. So is SGD money will be automatically converted to USD ? Kindly advice.....Thanks
Hi Kurian, no your SGD currency will not be automatically converted to USD. Are you using Android or iOS? There should be an option to convert, try searching it under "Accounts" tab
Hi Ziet, I am a swing trader myself but I'm not sure whether that classifies under "active trader". Also, the main concern that I have of having delayed data (around 10-15 minutes) will impact the outcome of the trade. I'm afraid that I will miss the buying/selling opportunities if the data is delayed, and also I heard from other traders with delayed data their trades sometimes can't even go through. So do you have any additional advice that you can give out? (Eg. Whether snapshot data is just enough for swing trading or I still have to subscribe to Lv II Quotes) Thanks!😅
Hi there, I believe you can use the "Snapshot" feature to get the latest pricing before you place your swing trades, or you could even use TradingView as their data is pretty near to live share price. I am not very sure how accurate you would need when it comes to the "live" market data thou, so I would suggest you compare the snapshot versus TradingView as a start, and see if it works for you before you decide to pay for anything😄
Yes! Im using IBKR platform even when im under TSG, they act as an introducing broker that absorbs your inactivity fee, and you pay them at 1.5 USD/trade!
@@ZietInvests Do they show the total trade price plus 1.5usd/trade ? Im trying to tally the usd cash that i have but it doesnt jive much. I used a simple calculation of cash converted into USD minus the balance cash left
@@lesliechin3151 They will show commission fee of 1.5 at your buy order receipt. I'm not really sure what you are calculating, maybe you can show me on Instagram (link in description)
Hi Steven, I have not subscribed to any IPO, and from what I know, the prerequisite for IPO subscription is very high (for example asset amount of USD 200k, or premium trader). I suggest for you to contact IBKR customer support to check on the details for IPO subscription (note that it is usually not so accessible for retail investors)
@@ZietInvests i really love your broker comparison video, helped me and my friends alot, we are still hesitating which to go for, currently we frustrated with Etoro as high spread could lost plenty bucks just by opening *sneaky Etoro* and too many stocks not available on disposal, plus many trade bugs. I personally have because of you registered TD SG yesterday and now waiting dad to print and scan document for me to submit xD. But looking at your choice still using IBKR, IBKR's 10USD inactivity fee really knocked me off. Question, how do you deal with that inactivity fee? And for TD SG, how is your progress? And for Webull, isn't IBKR, Webull, TD SG all required to TT transfer overseas, why would you say not easy to fund? Hope you don't mind me asking so much xD
Yo jason, thanks for the kind words, i am still with TSG incase you misunderstood haha! But I do have plans to delink and be IBKR direct client in the near future, maybe 1 or 2 years from now. The inactivity fee will be nothing later on when im trading more actively, right now im more of a buy and snooze with minimal weekly swing trades to keep myself sane haha! IBKR is special because they accept funding from any SG banks. TD SG only accepts SG banks in the likes of DBS and POSB bank (which usually Malaysians cant open). Webull does not accept local funding in SG.
Hi Varga - Live account is where you deposit real money to trade. (I use this) Paper account is just a test account for you to test and play with it, no real money involved. Hope this clarifies!
Hey great video ziet! I had a problem recently with buying stocks in IB saying that “there is insufficient settled cash $x.xx USD”. Take note that I just converted from SGD to USD and im using cash account. I definitely checked that my USD cash is more than what the stated amount is. Wondering if you had experience this bfr?
Thanks for the video! May I ask what do I do when there's a pop msg before I want to place an order: You're submitting your order without market data. We strongly recommend against this as it may result in erroneous and unexpected trades. Are you sure you want to submit this order?
Nothing to worry, it is just telling you IBKR’s share price is not live because you did not subscribe to the live market data. You can easily use other sources for the live pricing
Thanks for the prompt reply! So meaning that I can just ignore the msg and confirm the order? (I believe it won't affect me since I've set a limit price, am I right? 😁)
Do you use other brokers other than IBKR? I am using IBKR and I am thinking of changing broker. Prefer a broker without PDT rules and easy to find stock to borrow for lower market cap stock.
Hi, I have another brokerage account with Maybank Global Trading but that's about it. I'm now mainly using TSG-IBKR (IBKR platform), so far I've not encountered any PDT restriction with TSG as the introducing broker, not sure if it's applicable to us as well.
its a good video mate! but question, if i want to do long term investment, lets say fo 5 -10 years ahead, which time in force i should choose? day, good till cancel or at the opening? cheers mate!
Hi Christiano, if you want to do long term investment, that means you just want to BUY and not do anything else. What you need here is a BUY order, either in 1. Day - only for the current trading day and will expire at the end of it 2. Good Till Cancel - the order will expire when you canceled, else always active 3. At the opening - order will only be placed at the next trading day opening I would usually use "Day", buy it, and forget about it (Hold).
@@ZietInvests wow what a fast respon! Thank you for your reply!, you know what you’re the only youtuber that reply my question. Much appreciated it!! And yess that’s really helpful, so basically just buy it, choose “day” and leave it for the next 10 years. And I will contact you for another 10 years when I am success at this field. Thanks mate! Keep up the good work! GBU🥂🙏 subscribed!!
Yo Bernard. Under Exit Strategy > Order Type > Trail Limit. You can refer to this video from IBKR (they do on their platform) but the concept is the same: th-cam.com/video/4Z0s7q-Hawo/w-d-xo.html
Hi there. I use TradeStation Global which is an introducing broker to IBKR. You can refer to my previous video to open it: th-cam.com/video/GzMznnp9XyM/w-d-xo.html
Hi Dinesh, it only applies discount for the first international transfer that you make from clicking on my link (new account, not for existing accounts). Hope this helps!
Hi Mike, all the ETFs have their own expense ratio which deducts from your invested amount (Asset under management), you don't have to pay them separately. You can google/investopedia expense ratio for this 😊
Hi Rini, yes you can definitely do that, just refer to other sources which has live prices (Webull desktop, investing.com, marketwatch, google finance etc.), should be good enough if you are not actively trading, else just spend the extra bucks for market data subscription. And no, the PC website version doesn't provide any live price by default
Hi Ziet! Thank you again! I have a question. Why my average price is always higher than the price I put in limit order. For example. I put a limit order in 69.50 , but when it is filled, the average price shows 70.50. How can I fix it? Thank you
Hi Maryam,the 1 USD difference could be the commission fee that you paid for the trade. Have you changed from Fixed to Tiered pricing plan? I’ve explained in this video for your reference: th-cam.com/video/f__HgJRe3nU/w-d-xo.html
Hi Alex, you cant choose the IBKR entity since it is assigned based on your geolocation; that said, the funding is all the same for any IBKR entity yea, still can fund using SG bank account
Hi Eugene, I have not tried margin trading before because my account is cash account. I believe you need to inject cash in within a certain period of time as collateral or have to pay margin interest (im not very sure, probably need to dig further)
Hi Vincent, technically it is possible, and IBKR does not have clear cut rejection policies for 3rd party funding. However, there have been reports from online community that their fund are either delayed/rejected or withheld for investigation concerns, all of which are issues that made me decided not to recommend one to attempt so. That said, you can always try for yourself 😝
@@ZietInvests thanks for reply👍 Fyi previously i used IBKR white-label called Halifax and bad news is the company went liquidation, can't get back our capital. 😞
hi, i am still awaiting for my account opening, i have uploaded and completed all the supporting documents. Can we log on to our account with the mobile app, while the account still pending approval?
Hello Mr. Ziet, I am a total beginner who wants to start trading, but i had a hard time understanding the videos because there are many terms that I don't understand like liquidation, rsi, etfs etc....would you make a video for total beginners like me to understand the basics and the terms? Appreciate it 🙏
Hi Mayling, that is a good suggestion, I'm trying to come up with a video like that but still trying to figure out what is the right way to structure it so that it is interesting and easy to follow at the same time haha, stay tuned!
@@ZietInvests thanks so much, I subscribed to you ☺️🤘 can't wait for the beginner lesson and have my mind enlightened so I can proceed to the next step. may you always be blessed with success.
Hi Akhil, there is a transfer position in your IBKR web portal to do just that, just key in the details of TD for the transfer. Read more here: www.interactivebrokers.com/en/index.php?f=1544&p=transfer
Another perfect video, thank you. I'm waiting for my application approval in Interactive broker. But do i have to fund my account now or i can do it after getting the approval? Does the pending application approval depends on funding my account now or i can do it afther the approval? Thank you.
Hi David, are you going with IBKR (direct) or TSG-IBKR? Either way, if you are not in a rush, you can wait for all documents to be approved first before you start funding it. If you want to expedite it, then funding it first will be the choice to go! 😊
So, i can fund my account later and the account approval doesn't depend on this? If i fund the account now,will the account approval process be faster? I'm going with IBRK directly,because my country is not in the list of TSG-IBRK. But while i'm waiting for the approval, the shares of the company,which i targeted, has raized 4 times in the last 2 weeks. Bad luck for me as a beginner :) But i've 2 more companies in my list,which i observe and research and i hope that my approval will come soon and i can buy some shares on good prices and hold them until they raize,hopefully. Thank you once again.
@@davidbale2094 haha dont have the feeling of fomo! Funding it will definitely expedite the approval process, so its up to you whether or not to pull the trigger
Thank you. Honestly said,i'm very excited :) I feel like on a first date with a beautiful and misterious woman :) Will see,how the date will end, hahaha.
@@davidbale2094 Hahaha for sure man! This is something to look forward to! Nothing is perfect, argument will happen, but im sure this is a brand new chapter for your life :P
🔴Learn more about Interactive Brokers: www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt
By just clicking the above link, you will be able to support my channel without any cost to you! Thank you so much!
🔴IBKR Web Portal tutorial: th-cam.com/video/d3lbID8A-Yc/w-d-xo.html
Thumbs DOWN! Why the irritating, useless, loud music? It detracts from your video. Two minutes into your video I couldn't even concentrate on what you were saying so I ended it. Bye.
Life saver I absolutely hated IBKR coming from Robinhood but this has made it simpler
Glad it did Marcus, so happy to know this video helped you out! Have a great weekend!!
Brilliant, I would be lost without these videos. Just getting started on investing in shares, saw this was a great platform but on opening it, its complicated!! Your videos have certainly got me through to trading stocks efficiently and with confidence regarding limits, stop loss etc. Well done, IBKR should be proud of you!
Bro, been looking for such channel that purely caters for non US/EU residents and i must say ,am impressed ,been binge watching your videos for 4 hours now... keep it up and just got yourself a subscriber . Viewer from NAIROBI, KENYA.
Thank you so much brother, really appreciate your kind words!☺️
Really great video! I don't usually write a comment but I feel that there is a need for me to write something down to appreciate this! As a beginner, you really help a lot in explaining and guiding me! Your video was very detail and easy to understand! Appreciate your effort and keep this energy going! Thank you so much. Looking forward to more of your videos!
Hey Zengyu, thank you so much for this! I try my best to help out starters with these stuffs! See you in future videos!! 😊😊
hey young man, you have a knack for doing these tutorial videos, keep it up!
Thank you so much, this means a lot !! 😊
Thank you Zeit! You made my journey to US stock easier and smooth. I really thought it is difficult to enter the market. You have been instrumental on this journey. Many thanks my friend!
So glad to hear that Thiaga! All the best to your investing journey and hope to see you around!! 😊
@@ZietInvests Do you know how much you can transfer to IBKR at one time? Like the maximum amount of money
Finally i have reached this video. Thank you Ziet. Have bought my first tesla stock. XD keep up the good work. Awaiting your next video.
Haha thank you so much my friend, don't forget to check out the IBKR desktop tutorial while you're at it! HODL on TSLA!🥰
Wah this is a damn good and simple guide for beginners. Thank you!
I'm glad you find it that way!! Enjoy! 😄
Great video. You made my IBKR's journey easier. Thanks!
Pleasure is all mine! Happy trading!😊
Hi Ziet.. your videos have been truly helpful.. i have leant many many different things & your videos have made my investing journey that much easier! Keep up the great work (plus the funny side of your videos) & thank you very much!
Thank you so much for this! So happy it helped you and others 🥰
This video has helped me tremendously! Thank you Ziet!
Yay I'm glad this was helpful! Enjoy! 😋
Thank you so much for this introduction to the mobile device version of Interactive Brokers. It helped me tremendously. I wish you so much success in your trading.
You're most welcome Anna! Happy investing!
Awesome video, really helpful! I have found IBKR to be bit confusing compared to other trading platforms, probably because it's designed also for professional traders, but you explain it extremely well and make it seem pretty straightforward, so thank you!
I'm glad you find it useful Ayesha! Just trying to help out everyone to start investing, and I believe it's not that hard once you get the hang of it right 😝😊
This video needs more views. Great content. Looking forward to more videos :D
Thank you so much, I'm glad it was helpful!! 😊😊
Thank you Ziet!Your videos is very helpful!Best of luck in your investing journey !
Thank you so much Dmitry, all the best to you too!!
Hi Ziet, generally I don't do comments but your video helps me a lot to understand the App. Thanks.
Thank you so much Sanket, this genuinely means a lot to me! Have a great week ahead!!😊
Very helpful, thanks for the efforts put on this video!
Kind Regards
Thank you for your kind comment!
Thanks bro, didn’t know we can customise the tabs for portfolio, useful tip 👍🏻
Hehe glad it was helpful! Enjoy!
Thank so much I'm new to all of this and you have helped me out alot. Hope to see more videos
You're welcome! I'm glad you enjoyed this video! See ya in the next one!
Mr Ziet this a masterpiece .. 🤝✊🏽
Hehe cheers to that buddy!
Your videos are always very well edited. Great job man 👍
Hey SCG, thank you very much! Appreciate your support all this while!
Good job! Great contents, keep it up! You have earned yourself a subscriber :)
Thank you so much for your support, looking forward to see you more often in other videos 🥰
Very good video, explained all the basics. Thank you!
I'm glad you liked it Luka!🥰
Thanks man love the video you explain was very simple
Thank you so much, i'm glad you like it!🥰
Great stuff!
Thank you chris!
Based on this just bought my first stock in USA
Glad to know this was helpful!! Cheers 😊
Was it TSLA
Amazing video!!!! Thanks for going the extra mile to help us all out. It means a lot.
Glad this was helpful to you! 😊
Thank u so much ! Greetings from Mexico 🇲🇽
You're most welcome!!
Very nice presentation
Thank you so much Rakesh, so glad you liked it!
Happy Chinese New Year to you Ziet.Great videos,great channel
Happy Chinese New Year 🧧🧧🧧
Thanks for the videos, your information and content is excellent.
Thank you Stephen, glad you liked it!!
Very useful and valuable video much appreciated!
Thank you very much, I'm glad you liked it!! 😊😊
@@ZietInvests you’re most welcome!looking forward for more tips on how to predict top gainers before they spike 👊🏻
Nice video, do you have videos on trading options and rolling it over on IBKR app?
Thank AtoZ, unfortunately i dont trade options :x
Thank you Zeit! you are one of the best .. keep it up .. I'm thinking to translate it to Arabic as well :)
Hi Saleh, feel free to do it! Hopefully this is able to help more people to start with Interactive Brokers! 😊
جزاك الله خيرا اخي شكرا
على الرحب والسعة أخي
Great app review!
Thank you! Glad you liked it!
Thank you Ziet, this video help me out a lot!
You're most welcome Shayn - don't forget to check out my tutorial on IBKR's web portal 😊 Have a great weekend!
I realised 5 mins into the video that he is holding a fork haha nice. Thank you man for your video! me sub u
Hahaha 😂😂😂😂 surprise!! Welcome on boars 😄
Thanks bro❤️
You're welcome Hafiz!
Hey Ziet, may I know how the delayed data in IBKR will affect one’s trade? Thanks in advance!😊
Hi there, it will only affect you if you are active trader, if not, just use external sources that are near to live (th-cam.com/video/dpL2LkNd2r0/w-d-xo.html), else just use the snapshot function inside IBKR before you buy will do!
You are a legend Ziet.
Thank you 😝
good job Ziet.
Thank you Penny!
Very clear shots and very helpful video. I created buy bracket order. After trade is filled. I can't find where it display my stop loss and target profit? I may want to raise stop loss.
Hi Swee Lian, you could try going to Portfolio/Positions > click on individual stock ticker, then see if you can set a Stop Limit SELL order. I don't use stop loss myself so I could be wrong in this case, but you can read more here: www.interactivebrokers.com/en/index.php?f=609
Thanks for the video!
Is there any view in the app/site that shows the XIRR?
Ziet, you're a true legend man. I've submitted for an account with IBKR before I knew about Trading View from our videos, sadly. Also in my application, I chose Growth and Profits from Active tradings!. What Shall I do? Can I change that later somehow? Appreciate your help.
Hi Cambell, that doesn't matter to be honest, it will only affect your trading permission in terms of options and etc., but you can always change that later.
Stay tuned for I have a tutorial on IBKR's web portal this Friday! Have a great week ahead!
@@ZietInvests so many thanks Ziet and wishing you a great week too.
Thanks for sharing! When I want to sell, is there a function to sell the highest price first?
Under SELL, you can select Close Position :)
Hi Ziet, Thanks so much for the video. I m trying to trade but fail because I didn’t convert my SGD currency. Now all is good for stock. Hope you can demo on option using the IBKR. I learnt from a college but they use TOS platform. 😔 I know you didn’t do option but still looking forward to see your video soon as it’s better than simply buy stock ☺️
Hi Hwee Ling, thank you very much for your kind words and suggestion. It might take a little bit while before I will be anywhere close to being an option trader, mainly because they are financial derivatives and not really an income generating asset. Also a kind of high risk investment that is hard for me to "share" with people, though I will see what I can do about it in the future.
Thanks for watching!
Hahaha, good Video. IBKR really different with TOS… waste my time exploring… lucky found u here
Haha IBKR is really simple to use, here's the web portal version which I'm sure you will like it too: th-cam.com/video/d3lbID8A-Yc/w-d-xo.html
Have a great weekend!
Great tutorial only enhanced by your Singapore English which I love to listen to lah!
Haha thank you so much, though i'm from Malaysia eh @@
Great videos you got there!
I'm just new to interactive brokers mobile app and your videos are helping loads. Keep it up!
Just a quick question if you don't mind.
I've just bought some shares of complex and leveraged products and under the order tracking, it's showing as green.
But it is still not being executed and not under my portfolio.
Is it normal and how long before it is executed?
So glad to know that Tak-Shin!!
Re your question - usually it should be executed pretty quickly if there's no issue with liquidity (if it hits your limit buy price), try asking IBKR customer support on that? Not sure if you are on margin?
Great video. Can you show a tutorial on purchase and sell call/put on options with the app?
Hi Paul, thanks for the kind words. I might take some time on this because I don’t do options, yet. Maybe some time down the road 😁
@@ZietInvests would be awesome and very helpful to a lot. i am sure. Thank you!
Nice tutorial ! Love if
Thanks alot hehe!
great video , especially for beginners of IB. Not many good video available on IB on youtube . thank you for such a comprehensive video on IBKR Mobile aspp. Just to double check with you, when converting SGD to USD , what conversion rate do IB use? Is it similar to usual Bank exchange rate (like local banks does) or better rate ?
Hi Karim, IB uses spot market rate, which is definitely far better than the local banks' rate!
Thank you for your kind words!
@@ZietInvests thanks bro.
@@monjurkarim9661 You're welcome ma friend!
Hi Ziet...thanks so much for this wonderful video...
I just download (IBKR Mobile app) and noticed that there is no currency conversion tap from SGD to USD.
So is SGD money will be automatically converted to USD ?
Kindly advice.....Thanks
Hi Kurian, no your SGD currency will not be automatically converted to USD.
Are you using Android or iOS? There should be an option to convert, try searching it under "Accounts" tab
Thank you so much
You're most welcome! 😊
Hi , thanks for the video, very informative!
Can continue do more about the order type like stop limit, algo, stop loss and etc??
Thanks 😊
Hi Ricky, thank you so much for your suggestion - will definitely put that into my to-do list! Have a great week ahead!
Hi Ziet, I am a swing trader myself but I'm not sure whether that classifies under "active trader".
Also, the main concern that I have of having delayed data (around 10-15 minutes) will impact the outcome of the trade. I'm afraid that I will miss the buying/selling opportunities if the data is delayed, and also I heard from other traders with delayed data their trades sometimes can't even go through. So do you have any additional advice that you can give out? (Eg. Whether snapshot data is just enough for swing trading or I still have to subscribe to Lv II Quotes) Thanks!😅
Hi there, I believe you can use the "Snapshot" feature to get the latest pricing before you place your swing trades, or you could even use TradingView as their data is pretty near to live share price.
I am not very sure how accurate you would need when it comes to the "live" market data thou, so I would suggest you compare the snapshot versus TradingView as a start, and see if it works for you before you decide to pay for anything😄
@@ZietInvests thank you so much man!
@@alpoopan1509 You're most welcome!
Great thanks
Thank you for watching Aziz!
Can you make a video about margin account on interactive brokers? Thanks
Hi Terry, thanks for the suggestion but my account is still on Cash, not margin. May take awhile but I will consider it down the road, thank you!
@@ZietInvests thank you
@@terry5817 you're welcome!
Can you use Paynow for transferring of money in SG to IB? Same for withdrawal?
Hi there, that feature is not available, for SGD, IB only accept Bank Wire (which is local FAST Transfer equivalent in Singapore).
@@ZietInvests Thanks. FAST transfer is also almost instant.
Hi Ziet, could I trade in After Market and pre market in Europe?thanks
Yup you should be able to. I've not tried with European market, but US market works just fine :)
Hmm do tradestation global have the same functions ?
Yes! Im using IBKR platform even when im under TSG, they act as an introducing broker that absorbs your inactivity fee, and you pay them at 1.5 USD/trade!
@@ZietInvests Do they show the total trade price plus 1.5usd/trade ? Im trying to tally the usd cash that i have but it doesnt jive much. I used a simple calculation of cash converted into USD minus the balance cash left
@@lesliechin3151 They will show commission fee of 1.5 at your buy order receipt. I'm not really sure what you are calculating, maybe you can show me on Instagram (link in description)
@@ZietInvests i found it in the statement. Seems like im being charged usd 2 instead
@@lesliechin3151 That could be depending on how much you buy, for the record, USD 1.5 is the minimum
Hi Ziet, thanks for all the great videos. Very detailing and guided me step by step. But how to subscribe IPO stocks on HK and US exch?
Hi Steven, I have not subscribed to any IPO, and from what I know, the prerequisite for IPO subscription is very high (for example asset amount of USD 200k, or premium trader). I suggest for you to contact IBKR customer support to check on the details for IPO subscription (note that it is usually not so accessible for retail investors)
@@ZietInvests thanks for info
@@stevenwong5224 You're welcome!
Hey Ziet, why haven't you use Webull?
Not as easy to fund as compared to the likes of IBKR, IBKR is better in terms of execution, fractional shares, market coverage etc.
@@ZietInvests i really love your broker comparison video, helped me and my friends alot, we are still hesitating which to go for, currently we frustrated with Etoro as high spread could lost plenty bucks just by opening *sneaky Etoro* and too many stocks not available on disposal, plus many trade bugs. I personally have because of you registered TD SG yesterday and now waiting dad to print and scan document for me to submit xD. But looking at your choice still using IBKR, IBKR's 10USD inactivity fee really knocked me off. Question, how do you deal with that inactivity fee? And for TD SG, how is your progress? And for Webull, isn't IBKR, Webull, TD SG all required to TT transfer overseas, why would you say not easy to fund? Hope you don't mind me asking so much xD
Yo jason, thanks for the kind words, i am still with TSG incase you misunderstood haha! But I do have plans to delink and be IBKR direct client in the near future, maybe 1 or 2 years from now.
The inactivity fee will be nothing later on when im trading more actively, right now im more of a buy and snooze with minimal weekly swing trades to keep myself sane haha!
IBKR is special because they accept funding from any SG banks.
TD SG only accepts SG banks in the likes of DBS and POSB bank (which usually Malaysians cant open).
Webull does not accept local funding in SG.
Hey mate! :) when you enter into the App it has 2 options Live/Paper account. Are there any difference or what do you use to invest?
Thanks 😊
Hi Varga - Live account is where you deposit real money to trade. (I use this)
Paper account is just a test account for you to test and play with it, no real money involved. Hope this clarifies!
Hi. It’s a nice video. How can I buy US CDs in the IBKR mobile? I can not find the bond scanner in app which is available in the website
Hey great video ziet! I had a problem recently with buying stocks in IB saying that “there is insufficient settled cash $x.xx USD”. Take note that I just converted from SGD to USD and im using cash account. I definitely checked that my USD cash is more than what the stated amount is. Wondering if you had experience this bfr?
Hi Haziq, if you just converted, you need to wait settlement of 1 business day before you can trade. And yes, we all been there done that haha 😂
Thanks for the video! May I ask what do I do when there's a pop msg before I want to place an order:
You're submitting your order without market data. We strongly recommend against this as it may result in erroneous and unexpected trades. Are you sure you want to submit this order?
Nothing to worry, it is just telling you IBKR’s share price is not live because you did not subscribe to the live market data. You can easily use other sources for the live pricing
Thanks for the prompt reply! So meaning that I can just ignore the msg and confirm the order? (I believe it won't affect me since I've set a limit price, am I right? 😁)
What is the minimum amount (mYR) i should start with to invest in US stocks for interactive brokers?
Do you use other brokers other than IBKR? I am using IBKR and I am thinking of changing broker.
Prefer a broker without PDT rules and easy to find stock to borrow for lower market cap stock.
Hi, I have another brokerage account with Maybank Global Trading but that's about it. I'm now mainly using TSG-IBKR (IBKR platform), so far I've not encountered any PDT restriction with TSG as the introducing broker, not sure if it's applicable to us as well.
its a good video mate! but question, if i want to do long term investment, lets say fo 5 -10 years ahead, which time in force i should choose? day, good till cancel or at the opening?
cheers mate!
Hi Christiano, if you want to do long term investment, that means you just want to BUY and not do anything else.
What you need here is a BUY order, either in
1. Day - only for the current trading day and will expire at the end of it
2. Good Till Cancel - the order will expire when you canceled, else always active
3. At the opening - order will only be placed at the next trading day opening
I would usually use "Day", buy it, and forget about it (Hold).
@@ZietInvests wow what a fast respon! Thank you for your reply!, you know what you’re the only youtuber that reply my question. Much appreciated it!! And yess that’s really helpful, so basically just buy it, choose “day” and leave it for the next 10 years. And I will contact you for another 10 years when I am success at this field. Thanks mate! Keep up the good work! GBU🥂🙏 subscribed!!
@@christianodesignstudio6195 No worries mate, anytime! Feel free to DM me on instagram if you need any help😊
@@ZietInvests give me you Instagram account mate🥂👍
@@christianodesignstudio6195 its in the description box! haha
Ziet, can show how to perform trailing stop loss through IBKR apps? Much thanks !
Yo Bernard. Under Exit Strategy > Order Type > Trail Limit.
You can refer to this video from IBKR (they do on their platform) but the concept is the same: th-cam.com/video/4Z0s7q-Hawo/w-d-xo.html
Great video thank you very much but IBKR has inactivity fee is there a way to get around it
Hi there. I use TradeStation Global which is an introducing broker to IBKR. You can refer to my previous video to open it: th-cam.com/video/GzMznnp9XyM/w-d-xo.html
@@ZietInvests does that any inactivity fees or?
@@ZietInvests I assume I just need to link my IBKR account to trading station?
@@meldon4006 as long as you hold any stocks, no inactivity fee. But you need usd 1K to activate
@@ZietInvests nice thanks you been really helpful
Great video! For the transfer wise link, is it free for the first transfer only or like if i use your link now, i will also get it?
Hi Dinesh, it only applies discount for the first international transfer that you make from clicking on my link (new account, not for existing accounts). Hope this helps!
Hi! How about its custodian fees for USA etfs?
There’s no custodian fees, the management fees are charged by the ETFs separately
Hi, if we buy ETF using ibkr do we need to pay yearly ETF management fees?
Hi Mike, all the ETFs have their own expense ratio which deducts from your invested amount (Asset under management), you don't have to pay them separately. You can google/investopedia expense ratio for this 😊
hi Ziet, do you think we can buy stocks using the delayed price..? and is the PC website version free and provide live price?
Hi Rini, yes you can definitely do that, just refer to other sources which has live prices (Webull desktop, investing.com, marketwatch, google finance etc.), should be good enough if you are not actively trading, else just spend the extra bucks for market data subscription.
And no, the PC website version doesn't provide any live price by default
I want to know about MTD interest how it would effect on my account ?
Hey Ali, are you on Margin account? You can read up more here: starttrades.com/blogs/news/what-is-mtd-interest
Hi Ziet! Thank you again! I have a question. Why my average price is always higher than the price I put in limit order. For example. I put a limit order in 69.50 , but when it is filled, the average price shows 70.50. How can I fix it? Thank you
Hi Maryam,the 1 USD difference could be the commission fee that you paid for the trade. Have you changed from Fixed to Tiered pricing plan? I’ve explained in this video for your reference: th-cam.com/video/f__HgJRe3nU/w-d-xo.html
@@ZietInvests Thank you ❤
Curious about fractional shares. Is this available for us in M'sia?
Yes! But only for US stocks and ETFS 😁
would u recommend using australia side or singapore side given that i.got a.singaporebank account
Hi Alex, you cant choose the IBKR entity since it is assigned based on your geolocation; that said, the funding is all the same for any IBKR entity yea, still can fund using SG bank account
Would you be able to do a tutorial video for options trading?
Hi there, I have not dived deep into options trading tho, I might do that in the near future!
if i have a margin account and i deposit cash to it, will i be able to buy stocks long term with my money or it will always add margin to it ?
Hi Eugene, I have not tried margin trading before because my account is cash account. I believe you need to inject cash in within a certain period of time as collateral or have to pay margin interest (im not very sure, probably need to dig further)
This video is dated big time. For some reason my IBKR app does not look anything like this nor does it have any configuration options like this.
I agree 💯 Seems like IBKR decided to ditch many of its former options! 😢
Hi Ziet, we can't transfer via transferwise to IBKR(USD) right? Have to be MYR to CIMB(SGD) to IBKR(SGD)
Hi Vincent, technically it is possible, and IBKR does not have clear cut rejection policies for 3rd party funding. However, there have been reports from online community that their fund are either delayed/rejected or withheld for investigation concerns, all of which are issues that made me decided not to recommend one to attempt so.
That said, you can always try for yourself 😝
@@ZietInvests thanks for reply👍 Fyi previously i used IBKR white-label called Halifax and bad news is the company went liquidation, can't get back our capital. 😞
@@vincent9792 Shouldnt your assets be held under IBKR? not Halifax?
Hi Ziet, does TradeStation global charge order cancellation fees? Thanks
Hi there, nope, TSG doesn't charge order cancellation fees
Thank you very much!
hi, i am still awaiting for my account opening, i have uploaded and completed all the supporting documents. Can we log on to our account with the mobile app, while the account still pending approval?
I think you can’t, you can login to the web portal in the meanwhile but note that functions are limited if your account is not approved and funded
Hello Mr. Ziet, I am a total beginner who wants to start trading, but i had a hard time understanding the videos because there are many terms that I don't understand like liquidation, rsi, etfs etc....would you make a video for total beginners like me to understand the basics and the terms? Appreciate it 🙏
Hi Mayling, that is a good suggestion, I'm trying to come up with a video like that but still trying to figure out what is the right way to structure it so that it is interesting and easy to follow at the same time haha, stay tuned!
@@ZietInvests thanks so much, I subscribed to you ☺️🤘 can't wait for the beginner lesson and have my mind enlightened so I can proceed to the next step. may you always be blessed with success.
Hello Ziet, IBKR doesnt show live pricing of the shares?
Hi, that is correct, by default it is delayed market data unless you subscribe for the live market data.
@@ZietInvests thanks for the info..
How can i transfer all my positions in ibkr to TD?
Hi Akhil, there is a transfer position in your IBKR web portal to do just that, just key in the details of TD for the transfer.
Read more here: www.interactivebrokers.com/en/index.php?f=1544&p=transfer
@@ZietInvests thanks buddy...
Another perfect video, thank you.
I'm waiting for my application approval in Interactive broker.
But do i have to fund my account now or i can do it after getting the approval?
Does the pending application approval depends on funding my account now or i can do it afther the approval?
Thank you.
Hi David, are you going with IBKR (direct) or TSG-IBKR?
Either way, if you are not in a rush, you can wait for all documents to be approved first before you start funding it.
If you want to expedite it, then funding it first will be the choice to go! 😊
So, i can fund my account later and the account approval doesn't depend on this? If i fund the account now,will the account approval process be faster?
I'm going with IBRK directly,because my country is not in the list of TSG-IBRK. But while i'm waiting for the approval, the shares of the company,which i targeted, has raized 4 times in the last 2 weeks. Bad luck for me as a beginner :) But i've 2 more companies in my list,which i observe and research and i hope that my approval will come soon and i can buy some shares on good prices and hold them until they raize,hopefully.
Thank you once again.
@@davidbale2094 haha dont have the feeling of fomo! Funding it will definitely expedite the approval process, so its up to you whether or not to pull the trigger
Thank you.
Honestly said,i'm very excited :)
I feel like on a first date with a beautiful and misterious woman :) Will see,how the date will end, hahaha.
@@davidbale2094 Hahaha for sure man! This is something to look forward to! Nothing is perfect, argument will happen, but im sure this is a brand new chapter for your life :P
Hi Ziet, I get error when I try to buy VOO, the product requires a KID in a language approved for your country. what should I do?
Hello Ziet, question for you, why I can set up in my position the Roll Position? I only can see Close Position and All Position, thanks.
Hi Javier, what do you mean Roll Position yea? I've no idea what is that
@@ZietInvests I am talking about the roll over, thanks.
@@Baby_Boomer_Warrior Im sorry, im afraid i've never seen/know of such feature before. Would you mind enquire IBKR customer support instead? :x
At 2.26, is it possible to switch the view to “Performance” rather than “Value”? Similar to the web portal
Hi Gene, i think there is no way to change it on the mobile app :x
Hi Ziet. May I know how long time will be take if we withdraw the money from TSGIB to CIMB sg account?
3-5 hours on a normal day
@@ZietInvests okay. Thank you alot
@@KHGan-zr3ez cheers!
Helo saya newbie .. Baru nak mula trade saham global .. Interactive broker ni dari segi privasi selamat tak .. ?? ..
Selamat, sudah beroperasi sejak 1977, boleh check link kat video ni untuk maklumat lanjut: th-cam.com/video/GzMznnp9XyM/w-d-xo.html
I have this app. But i don't know how to buy HCMC stock. What settings i need to do to buy OTC stocks ?
What error popped up when you search for the stock?
Will it be better to fund USD instead of SGD? I am from Malaysia
Can refer this video: th-cam.com/video/dJYzHEnBhJs/w-d-xo.html
hi . i just wanna ask can i trade nse(india) stock from malaysia using interactive brokers. pls let me know
Yup, India NSE is available ;)
@@ZietInvests but do i need a demat account