i use moomoo for bursa as the lower commision is good for my smaller ticket size (around 1-2k per order), i use IBKR for ireland domiciled ETF like cspx and also some qqqm thrown in, i stockpick on bursa while my wife DCA into US ETF
i forgot abt the bursa first 6 months free commision fee, after that if order below 6k use moomoo, 7-9.99k use affin, then any amount above 10k use back moomoo
1. What if we take into account of both the conversion fees and trading fees between both platforms (MooMoo after first free 6 months of commission fee), which is relatively cheaper? 2. Since MooMoo is regulated by SC Malaysia, do we have not to worry about the income tax submission, and vice versa for IBKR, I remember you said from your previous video that for withdrawal amount more than 15k will be audited right? Which platform is consider more hassle free in terms of this.
Hi Johnson, 1. I briefly covered in 14:02, but the conclusion should be the same - IBKR will be cheaper by a stretch if your trade size is larger (as moomoo MY has Malaysian stamp duty); otherwise, they are pretty marginal if you trade in smaller sizes like sub RM 5k/trade 2. For local taxation, as far as im aware of, foreign investments income are exempt from tax until end of Dec 2026, and capital gains from foreign investments are not taxable (or at least there's no clear guideline on that), but regardless, moomoo or IBKR, either broker will be able to generate your account statement for your tax submission purpose, if you want to declare them. Withdrawal - the guideline I mentioned earlier was due to cross-border transfers, as it involves unlicensed broker (in the eyes of BNM, its a foreign company) hence the higher possibility of audit - but keeping a clear trail of your brokerage statement should be a good preparation for that.
Hi Ziet, for your table at 14:39 under the Moomoo first 6 months column, how did you derive the calculations? The numbers seems to be much lower than what one would actually pay for platform fees + stamp duty. Let's assume conversion rate of 4.7, If I buy USD 1000 > Stamp Duty will be USD 1000 * 4.7 / RM 1000 / 4.7 = USD 1++ (I didn't include the spread but won't be too big of a diff) If I add this USD 1 to the USD 0.99 platform Fee, then it's USD 1.99 (Your table shows USD 1.20) It will make a huge difference if I invest more, let's say If I buy USD 10000 > Stamp Duty will be USD 10000 * 4.7 / RM 1000 / 4.7 = USD 10++ If I add this USD 10 to the USD 0.99 platform Fee, then it's USD 10.99 (Your table shows USD 3.12) Please correct me if I'm wrong.
Hi Ziet, like your videos always can get useful info from your video. May I know is there other brokers that can trade US market options in Malaysia except IBKR? cos recently i got flagged as Pattern Day Trading (PDT) in IBKR, so i try to find other brokers to trade.
Hi Ziet, I sign up to Rakuten back then after watching your Rakuten videos. Wonder what's your opinion now between Moomoo vs Rakuten? Should I just stay in Rakuten or move over to Moomoo?
Hi bren, both can get the job done for the most part, but moomoo offers a much cheaper package and better platform UI/UX - so my vote is for moomoo (until Rakuten improves their offering)!
@ZietInvests thanks for replying bro. I have another stupid question but will still ask it just to be sure, is it ok to have an account with 2 brokerage firms, Moomoo & Rakuten where I will trade US stocks? Will I be breaking any laws here in Malaysia?
moomoo have higher cost when convert back usd to myr. It mislead ppl to think tat it got lower conversion cost. This is the only platform I saw got so huge different spread cost between conversion.
Thank you so much for the feedback, I'll pay more attention on the USD -> MYR conversion next time round! (If anyone has any feedback please feel free to share it back ❤️)
Ziet, what app would you recommend for value investing for international stocks? Mostly buying and holding for long term. Between IBKR, MooMoo and FSMone?
My answer is already at the verdict section of this video haha! My main investing app is still Interactive Brokers, and I think it suits for all intents & purposes
HI yong, at the moment its a bit hard for me to answer this because both don't offer inheritance setup by default (at least for Malaysians), do give them some more time, im sure moomoo might have some features on that in the future!
Hi Ziet, for me i just used both coz both recommend by you. I am using IBKR to trade US stock which is very good. I just registered Moomoo for its lowest price and awesome UI to trade Malaysia stock. Anyway, thanks for your sharing I learned alot from you since I just started to invest. TQVM
Hi Ziet. Can you update latest comparison between ibkr vs moomoo? I have just opened moomoo acc today but not yet put money in and also I am too comfortable using ibkr.
Hmmm I actually came back from Japan after 15 years and I was using the SBI platform over at Japan. Also I heard the Rakuten Trade in Malaysia is quite bad .. but since I have some understanding in the Japanese stock market I was wondering if moomoo could trade Japanese stocks? Since I can’t use SBI in Malaysia without a Japanese address and phone number anymore I am in between a US and China platform when we experiencing things like BRICS and such …
Moomoo currently doesn't support Japanese stocks directly, but you can access Japan's stock market through brokers like Interactive Brokers (IBKR), which allows global trading, including Japan. You won’t need a Japanese address with IBKR, making it easier for someone in Malaysia!
Hi Ziet, thanks for your sharing. If existing using IBKR to trade US Stock, can you share with us how to trade muti-market like HK, China with the same existing account that trade US Stock? Or we need to create additional account of IBKR to trade HK & China Stock? Thanks :)
Hello, for options trading - Interactive Brokers definitely can do the job for you! Check them out here: www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt
I have an IBKR account in US for years because I am a US resident and obviously i get tax statement there to pay the taxes. I am also a Malaysian citizen, how are taxes handled here in Malaysia if you have an account with IBKR that you open here in Malaysia.
You're most welcome! We do have lots of tutorial video on IBKR, so please do check it out, im sure it will help you get started! Here's our IBKR playlist: th-cam.com/play/PLNtoL6rfNKdmoHyOx4ft2q9L3ue1HjE8n.html
i am very new to IBKR, can i ask do they charge a higher fee for market orders when comparing to limit orders? because the fee im getting from the recurring investments (which is market orders) are 1%, meanwhile my limit order is 0.7%. also would like to hear some suggestions on how much or how often should i invest in VOO, i.e. small amount daily or a lump sum monthly/biweekly?
Hi Jia Jun, on the fees, nope - they are market makers themselves so you will get the best available price even if its market order (but mindful recurring investments usually could be done at open hours which the share price moves very fast, so it might not be that simple to track the difference). For your frequency of investment - I personally prefer DCA once a month to minimize the fee impact, hope this helps!
Hi there, for that, I'd think on: Moomoo = roughly 1.00 usd IBKR = roughly 0.35 usd Since the trade value is very small, the miscellaneous fees would be very small too. but do be mindful of the % fees paid being too high if your trade value is USD 20
Thanks. I think IBKR has min $1 as fractional shares fall under fixed tier? I do not have an account with Moomoo so I'm not sure as I heard they have a platform fee but not IBKR 😢. I guess anything less than 1% commission&fees is accepted😊 so might have to increase DCA value to $50 to $100 per stock per week as Webull has $0.55 for fractional share 😅.
Thanks Ziet, very insightful sharing. If u wish to explore more investment products especially those restricted by Malaysia gov, IB is better choice. However, I opened moomoo as I only invest in stocks. Furthermore, if I passed away, it is much easier for my beneficiaries to claim the monies as it is treated as local assets and moomoo has branch in Malaysia.
HI ziet, can i know taking into account all the conversion and broker fees, is moomoo/IBKR still a better option to buy S&P ETF compared to Versa Global-i ETF?
Hi tiffany and beast, they are rather different actually, Versa is easier to use but incur higher management fee, while IBKR is slightly harder to setup but incur the lowest fee; technically IBKR would be a better long-term choice considering the long-term impacts on your overall return. Hope this helps!
I am malaysian, and i want to start day trading (3-4 trades per day trading US market), is IBKR is the best trading app in Malaysia at the moment? (Considering factor like low commision fee etc.)
hi there Ziet. I am new to this. I am confused with that chart showing 10000 USD. in the last row, it shows after 6 months, Moo Moo fee is at USD 6.12. Am I understanding that, if I buy 10000 USD worth of stocks, and then sell it, i will incur USD 6.12 x 2. Both for buying and selling? Thanks.
Not necessary at all! They do give free level 1 data i.e real time share price; for all investing purposes, those data are good enough (can also use yahoo finance to double check!)
solid work bro. because of you i’m investing in etf divided to voo 50%, qqqm 30% & schd 20%. 1000$ monthly with ibkr. please make a video on how to deal with tax related procedures for long term investing. thank you once again 🙏🏼💯
I believe Moomoo MY only cater for Malaysians, but you can always try applying and it might redirect you to Moomoo SG or US, try with this link: j.moomoo.com/00JRcf Usually for brokers like IBKR, they are geo-tagged, meaning you would be assigned to the entity based on your residency. So give moomoo a try, if it doesnt work, then high chance IBKR might work for you: www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt Hope this helps!
@@priyaaashashipaper trading is using digital money and the app tools to do “mock” trading so that u can determine ur trading objectives and strategies.
I dont think that's a good approach haha dont know la, for me, its more practical to use single platform for consistency & easier management. Plus, imo, Moomoo offers a better overall user experience and features.
I'd say it's akin to unit trust, personally am not a fan of high-fees investing but I do see some use case for some people that could care less about their investments tho
how is it better ? i thought it was the same, whats important is that its licensing by the Securities Commission of Malaysia and backed by a Nasdaq-listed parent group which providing reliability and strength in the financial market 👍👍
It gets the job done for what it offers, but nothing special beyond that. App requires much improvement, which was promised ages ago but have yet improved much, a bit disappointing on that department
thanks so much , but nothing free inside exchange world , moomoo is better software and modern but high fees but ibk is old software and stupid but with low fees
Forex trading is unregulated in malaysia and poses too much risk, plus its not something i trade, so i wont be comfortable exposing my viewers to such risk 😅
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i use moomoo for bursa as the lower commision is good for my smaller ticket size (around 1-2k per order), i use IBKR for ireland domiciled ETF like cspx and also some qqqm thrown in, i stockpick on bursa while my wife DCA into US ETF
Wooo nice! Using both to reap their benefits
i forgot abt the bursa first 6 months free commision fee, after that if order below 6k use moomoo, 7-9.99k use affin, then any amount above 10k use back moomoo
1. What if we take into account of both the conversion fees and trading fees between both platforms (MooMoo after first free 6 months of commission fee), which is relatively cheaper?
2. Since MooMoo is regulated by SC Malaysia, do we have not to worry about the income tax submission, and vice versa for IBKR, I remember you said from your previous video that for withdrawal amount more than 15k will be audited right? Which platform is consider more hassle free in terms of this.
Hi Johnson,
1. I briefly covered in 14:02, but the conclusion should be the same - IBKR will be cheaper by a stretch if your trade size is larger (as moomoo MY has Malaysian stamp duty); otherwise, they are pretty marginal if you trade in smaller sizes like sub RM 5k/trade
2. For local taxation, as far as im aware of, foreign investments income are exempt from tax until end of Dec 2026, and capital gains from foreign investments are not taxable (or at least there's no clear guideline on that), but regardless, moomoo or IBKR, either broker will be able to generate your account statement for your tax submission purpose, if you want to declare them.
Withdrawal - the guideline I mentioned earlier was due to cross-border transfers, as it involves unlicensed broker (in the eyes of BNM, its a foreign company) hence the higher possibility of audit - but keeping a clear trail of your brokerage statement should be a good preparation for that.
I 😅
Which do you recommend if i want to invest in s&p500 vanguard for long term gain?
I'd say both gets the job done equally well, really hard to pick
Now that moomoo offers fractional shares, would that be a huge plus point over IBKR?
Hi Ziet, for your table at 14:39 under the Moomoo first 6 months column, how did you derive the calculations? The numbers seems to be much lower than what one would actually pay for platform fees + stamp duty.
Let's assume conversion rate of 4.7,
If I buy USD 1000 > Stamp Duty will be USD 1000 * 4.7 / RM 1000 / 4.7 = USD 1++ (I didn't include the spread but won't be too big of a diff)
If I add this USD 1 to the USD 0.99 platform Fee, then it's USD 1.99 (Your table shows USD 1.20)
It will make a huge difference if I invest more, let's say
If I buy USD 10000 > Stamp Duty will be USD 10000 * 4.7 / RM 1000 / 4.7 = USD 10++
If I add this USD 10 to the USD 0.99 platform Fee, then it's USD 10.99 (Your table shows USD 3.12)
Please correct me if I'm wrong.
Which better for intra days trade?
Hi Ziet, like your videos always can get useful info from your video.
May I know is there other brokers that can trade US market options in Malaysia except IBKR? cos recently i got flagged as Pattern Day Trading (PDT) in IBKR, so i try to find other brokers to trade.
IBKR US has Pattern Day Trading (PDT) Restriction minimum US$25.000, Moomoo outside US resident doesnnot apply PDY Restrictions
But Moomoo doesn't have fractional shares option for US ETF 500 VOO stocks right ? That's a huge turnoff.
That is correct, no fractional shares trading at the moment for them :x
I am from the UK but live in China, can is et up an interactive broker account or is there any downside to this?
Hi Ziet, I sign up to Rakuten back then after watching your Rakuten videos. Wonder what's your opinion now between Moomoo vs Rakuten? Should I just stay in Rakuten or move over to Moomoo?
Hi bren, both can get the job done for the most part, but moomoo offers a much cheaper package and better platform UI/UX - so my vote is for moomoo (until Rakuten improves their offering)!
@ZietInvests thanks for replying bro. I have another stupid question but will still ask it just to be sure, is it ok to have an account with 2 brokerage firms, Moomoo & Rakuten where I will trade US stocks? Will I be breaking any laws here in Malaysia?
moomoo have higher cost when convert back usd to myr. It mislead ppl to think tat it got lower conversion cost. This is the only platform I saw got so huge different spread cost between conversion.
Thank you so much for the feedback, I'll pay more attention on the USD -> MYR conversion next time round! (If anyone has any feedback please feel free to share it back ❤️)
If you can understand, use both.
If you dont do investment, ignore both 😅
Hi one quick question as u said Irish domiciled etf subjected to 15%. But as I checked cspx doesn’t give out dividends. Pls clarify
Once i knew Moomoo is from China.. i already knew which trading platform i will choose.
Moomoo is more expensive operating options than interactive brokers. Moommo charges you an "application fee".
Ziet, what app would you recommend for value investing for international stocks? Mostly buying and holding for long term. Between IBKR, MooMoo and FSMone?
My answer is already at the verdict section of this video haha! My main investing app is still Interactive Brokers, and I think it suits for all intents & purposes
Yes, was just asking specifically in regards to long term value investments haha. Either way, thank you!@@ZietInvests
Thanks for this Ziet. What about the aspect on estate tax? Is it the same for both platform?
HI yong, at the moment its a bit hard for me to answer this because both don't offer inheritance setup by default (at least for Malaysians), do give them some more time, im sure moomoo might have some features on that in the future!
Hi Ziet, for me i just used both coz both recommend by you. I am using IBKR to trade US stock which is very good. I just registered Moomoo for its lowest price and awesome UI to trade Malaysia stock. Anyway, thanks for your sharing I learned alot from you since I just started to invest. TQVM
Awww that's so nice of you ❤️ Glad my videos helped, good luck with your investments and wealth building journey!!
Which one do you prefer?
Your content is very helpful but he background music steals my attention…
Newbie Question. Which Broker have provide Dividend Reinvestment Plan?
Can I buy unit trust such as TA Global Tech Fund via Moomoo Malaysia?
You did not tell about fund withdrawal. How long does it take IBKR account to reach malaysia bank account?
Hi Ziet, Can IBKR trade Taiwan Stock?tq
Hi Ziet. Can you update latest comparison between ibkr vs moomoo? I have just opened moomoo acc today but not yet put money in and also I am too comfortable using ibkr.
Helli Ziet, in my case im investing RM500 every month to S&P 500. Which one do u think that is more suitable for me and less fees?
Hi tien hoe, you can check out this video! -> th-cam.com/video/7cIhL9VQnDI/w-d-xo.htmlsi=T4wOy2MWompDjyn7
i'm considering moving my asset in Webull over to moomoo after watching this... thanks ! gonna be using your moomoo affiliate link.
Niceeee, thank you so much! Hopefully my recommendation won't disappoint you, do keep us updated with your experience
Hmmm I actually came back from Japan after 15 years and I was using the SBI platform over at Japan. Also I heard the Rakuten Trade in Malaysia is quite bad .. but since I have some understanding in the Japanese stock market I was wondering if moomoo could trade Japanese stocks? Since I can’t use SBI in Malaysia without a Japanese address and phone number anymore I am in between a US and China platform when we experiencing things like BRICS and such …
Moomoo currently doesn't support Japanese stocks directly, but you can access Japan's stock market through brokers like Interactive Brokers (IBKR), which allows global trading, including Japan. You won’t need a Japanese address with IBKR, making it easier for someone in Malaysia!
Please review Webull Malaysia which just launched in Malaysia Thank you 😊
Hi Ziet, thanks for your sharing. If existing using IBKR to trade US Stock, can you share with us how to trade muti-market like HK, China with the same existing account that trade US Stock? Or we need to create additional account of IBKR to trade HK & China Stock? Thanks :)
how about FSMone for dca on certain etf? Maybe can do a review on their Regular Saving Plan
let me take a loook!
Hi Ziet, does deposit to moo moo Malaysia counted as the 1 million limit for overseas investment capped by domestic borrowing ?
Ziet, can u advise which platform to use to trade call/put option in Malaysia. Moomoo recent launch, we don't hav it
Hello, for options trading - Interactive Brokers definitely can do the job for you! Check them out here: www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt
What about costs of holding shares or collecting dividends. ? Hidden costs?
I have an IBKR account in US for years because I am a US resident and obviously i get tax statement there to pay the taxes. I am also a Malaysian citizen, how are taxes handled here in Malaysia if you have an account with IBKR that you open here in Malaysia.
Thanks. I have opened IBKR.. but need to learn how to use the platform
You're most welcome! We do have lots of tutorial video on IBKR, so please do check it out, im sure it will help you get started!
Here's our IBKR playlist: th-cam.com/play/PLNtoL6rfNKdmoHyOx4ft2q9L3ue1HjE8n.html
I bought US stock with momoo and was charged 0.99 platform fees and 1.47 stamp duty. Are both in USD?
i am very new to IBKR, can i ask do they charge a higher fee for market orders when comparing to limit orders? because the fee im getting from the recurring investments (which is market orders) are 1%, meanwhile my limit order is 0.7%.
also would like to hear some suggestions on how much or how often should i invest in VOO, i.e. small amount daily or a lump sum monthly/biweekly?
Hi Jia Jun, on the fees, nope - they are market makers themselves so you will get the best available price even if its market order (but mindful recurring investments usually could be done at open hours which the share price moves very fast, so it might not be that simple to track the difference).
For your frequency of investment - I personally prefer DCA once a month to minimize the fee impact, hope this helps!
Nice. Can you tell me how much of commission/platform fee + any other fees are if I buy fractional shares of USD20 Apple share ?
Hi there, for that, I'd think on:
Moomoo = roughly 1.00 usd
IBKR = roughly 0.35 usd
Since the trade value is very small, the miscellaneous fees would be very small too. but do be mindful of the % fees paid being too high if your trade value is USD 20
Thanks. I think IBKR has min $1 as fractional shares fall under fixed tier? I do not have an account with Moomoo so I'm not sure as I heard they have a platform fee but not IBKR 😢. I guess anything less than 1% commission&fees is accepted😊 so might have to increase DCA value to $50 to $100 per stock per week as Webull has $0.55 for fractional share 😅.
Do you have a video how to open interactive broker account?
Yes! Here you go: th-cam.com/video/YkWi8qx4ysI/w-d-xo.htmlsi=B1F3B5GoWPBYgzBZ
Thanks Ziet, very insightful sharing. If u wish to explore more investment products especially those restricted by Malaysia gov, IB is better choice. However, I opened moomoo as I only invest in stocks. Furthermore, if I passed away, it is much easier for my beneficiaries to claim the monies as it is treated as local assets and moomoo has branch in Malaysia.
Call me paranoid, but moomoo's Chinese parent is a concern about my information being shared with the ccp.
Moomoo MY does not allow option . Cannot sell covered calls if you have 100 shares !!!!
HI ziet, can i know taking into account all the conversion and broker fees, is moomoo/IBKR still a better option to buy S&P ETF compared to Versa Global-i ETF?
Hi Ziet, can u advise here? i am not sure wither invest S&P 500 in Versa or IBKR?
Hi tiffany and beast, they are rather different actually, Versa is easier to use but incur higher management fee, while IBKR is slightly harder to setup but incur the lowest fee; technically IBKR would be a better long-term choice considering the long-term impacts on your overall return. Hope this helps!
@@ZietInvests thanks for your reply ziet 👍
U didn’t cover inheritance issue. Huge issue when one passed away if invest all in IBKR.
Yes you are right! That's something that I still can't wrap my head around and tried setting up a will with them yet
I wanna ask, as a Malaysian do I save more via MYR->SG Cimb acc-> recurrent investment(IBKR) to invest in USD or just straight wise->IBKR
1st option save more, but more hassle, that's the trade-off if you don't mind
hi, moomoo cant do hk stock, is tiger broker better on this?
I had a problem creating a new account in IBKR.
Quick query - can use BURSA app to transfer our shares from other MY broker to moomoo platform?
As far as i know, not at the moment! They didnt enable that feature yet (i could be wrong tho)
For medium to large funds investors you get sufficient coverage in IBKR - imagine being covered for RM 100K when you have USD 500K investment
what does it mean covered for RM100k?
I am malaysian, and i want to start day trading (3-4 trades per day trading US market), is IBKR is the best trading app in Malaysia at the moment? (Considering factor like low commision fee etc.)
Do the same day trading in moomoo and IBKR and compare the fees
does moomoo offers interest earned on unused cash in my account? I heard IB does gives interest on unused cash in my account
Please make a video of how to trade for absolute beginners.
Hi Ziet, IBKR is direct CDS or nominee account?
Robinhood is the best. Simple and intuitive UI. A pity they're not in Asia yet.
True that, but there are still many that doesnt like robinhood for being too "simple" if that makes sense // it feels too gamify to them
hi there Ziet. I am new to this. I am confused with that chart showing 10000 USD. in the last row, it shows after 6 months, Moo Moo fee is at USD 6.12. Am I understanding that, if I buy 10000 USD worth of stocks, and then sell it, i will incur USD 6.12 x 2. Both for buying and selling? Thanks.
Is it important to Subscribe to Live Market Data on IBKR when wanting to buy stocks?
Not necessary at all! They do give free level 1 data i.e real time share price; for all investing purposes, those data are good enough (can also use yahoo finance to double check!)
Do a comparison vs m+ global
if there's enough demand for it!
solid work bro. because of you i’m investing in etf divided to voo 50%, qqqm 30% & schd 20%. 1000$ monthly with ibkr. please make a video on how to deal with tax related procedures for long term investing. thank you once again 🙏🏼💯
Woooo nice to know that Tavin! Thank you so much for sharing your experience 🥰
Can you make video how to place money do a trade and withdraw in Interactive Brokers.
thanks for the good input. very well explained.
Glad it was helpful!
I wait for options and futures trading on Moomoo. I hope its not long.
we can only wait for now!
Isn't there like a fee u had to pay IBKR per year if you have lesser than 100k usd invested?
That was before 2021! They have already abolished that account maintenance fee ;)
MOOMOO for trading ,IBKR for long term position,period.
IBKR has better trading features
IBKR is the best!
That works! Though most of the traders I know prefer IBKR ;P They trade upwards of 30 positions every night so the fee still adds up
I thought terbalik..
It's better to trade with IBKR using CFD. Since you will be entering and exiting trades more often, IBKR provides lower fee ..
No. Ibkr for frequent trading .
Moomoo for investors.
Can foreign clients register and use Moomoo? is it limited to certain countries? what are they?
I believe Moomoo MY only cater for Malaysians, but you can always try applying and it might redirect you to Moomoo SG or US, try with this link: j.moomoo.com/00JRcf
Usually for brokers like IBKR, they are geo-tagged, meaning you would be assigned to the entity based on your residency. So give moomoo a try, if it doesnt work, then high chance IBKR might work for you: www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt
Hope this helps!
@@ZietInvests Thanks
Better compare ETORO and IBKR, because MOOMOO is not global.
hi ziet, is moomoo malaysia now can buy US money market fund?
Hi dann, not at the moment ya, moomoo Malaysia dont have access to those MMF yet
I heard that they are currently still having the new user promo right? Is the T&C remain the same tho?
Nope, it's different. U gotta deposit 10k and hold for 60 days.
@@blankspace3980 wowww so long to wait until 60 days due hoid.... so cannot do trading in that period?
@@mohammadfazuri9410 In the meantime u can do trading and any fluctuation happened it wouldn't be affected.
@@blankspace3980what is paper trading tho? Is it like test trading?
@@priyaaashashipaper trading is using digital money and the app tools to do “mock” trading so that u can determine ur trading objectives and strategies.
Which one suitable for day trading
IBKR would be cheaper for day trading
Can I invest in unit trust such as TA Global Tech fund in moomoo Malaysia?
For Malaysian market shares, is Moomoo going to hold my shares as nominee as well?
Yup! They are using a nominee CDS account :)
I am very confident in moomoo Malaysia
nice to know that! are you trading with their app? ;)
@@ZietInvests in HK
My personally will invest via moomoo for the 1st 2 mths until I get the apple share and continue my investment via IBKR due to lowest fees😂.
I dont think that's a good approach haha dont know la, for me, its more practical to use single platform for consistency & easier management. Plus, imo, Moomoo offers a better overall user experience and features.
I like the function of REBALANCING in IBKR desktop, how about moomoo?
can we trade options on IBKR?
What is the payment method of ibkr for malaysian?
How to join your telegram community ?
It's actually in the description! Here you go: t.me/+fIOOXUQJjsVmNmY1
can you review the robo advisor investment in the USA market like wealthfront, betterment and so eth for South Asia.
Thanks to Ziet recommendations before, I now having both..haha
Haha if cant choose, why not both!! (never wrong to have both!)
Moomoo user interface is literally the best out there.
it is beginner friendly, it has paper trading tools that can helps new users to learn and test a new strategies before trading using a real money
Very good review.
Glad you enjoyed it!
Fractional Trading & Irish Domiciled ETF. IBKR wins hands down
Ibkr still have monthly maintenance fees?
No more! They have removed this few years ago!
@@ZietInvests good to hear that. thanks for the info
Any opinions on fsmone rsp for etf?
I'd say it's akin to unit trust, personally am not a fan of high-fees investing but I do see some use case for some people that could care less about their investments tho
great videos. thank you for this
Glad you like them!
How about Moomoo SG? I heard it’s better than MY
how is it better ? i thought it was the same, whats important is that its licensing by the Securities Commission of Malaysia and backed by a Nasdaq-listed parent group which providing reliability and strength in the financial market 👍👍
What about Rakuten Trade, is it still good?
It gets the job done for what it offers, but nothing special beyond that. App requires much improvement, which was promised ages ago but have yet improved much, a bit disappointing on that department
Can moo moo (my) trade options?
not at the moment, but coming soon!
Great video ❤ but can u make a video on Etoro?
Hi, unfortunately I dont use eToro anymore so it's not something that I can review accurately :x
@ZietInvests oh... any reason why you are not using this app anymore? Terrible app? Should I just delete etoro ?
I used etoro is good but I scared because they don't have regulation, I changed ibkr
@mercypena2200 hmm... I guess I will just go for moomoo and interactive broker
@@mercypena2200got. FCA Uk
thanks so much , but nothing free inside exchange world , moomoo is better software and modern but high fees but ibk is old software and stupid but with low fees
Hi Ziet, even buying fractional shares are eligible to receive dividends?
Hi Peter, yes! you will receive fractions of the dividends instead of a full portion ;)
Make sense, thks for the quick response. Keep up the good work.
Thanks for the unbiased review
You’re most welcome ❤
Hi ziet... how about webull malaysia?
They just launched in Malaysia! Will cover them very soon!
Memang hebat lah
💯
Pls can you do a Forex broker pls....
Forex trading is unregulated in malaysia and poses too much risk, plus its not something i trade, so i wont be comfortable exposing my viewers to such risk 😅
Thanks a lotttt😊
You're most welcome my friend!
IKBR for life!!!
Lesgoooo🔥
Yep pretty clear, subs.
Thank you so much!
I can't get my aapl free share
Have you waited 30 days while retaining the RM 8k minimum asset balance? It should be in your "My Rewards" tab
I go with moomoo.
not a bad choice either!