Do you have any other questions on IBKR? Share with us down below and maybe someone knows the solution to it!⬇️
@TomTom-sq1jv7 ай бұрын
Hey Ziet, I have a question about the fund's withdrawal part. I thought that Malaysia doesn't currently charge for capital gains tax? Why should I worry when a large sum of money is withdraw back to my bank account?
@vsuren7 ай бұрын
Malaysia stamp duty charged extra?
@ZietInvests7 ай бұрын
@@TomTom-sq1jv Hi, technically you are right, Malaysia doesn't charge for capital gains tax, but that does not stop the tax department from knocking your door and auditing your income source - no one can guarantee the outcome. Hence why it is always best to be aware and educated on this, plus, have "alternative" route to avoid being in a position where the huge some of money is remitted + you're sitting in the same room as the authority :x (Please double check this with an accountant/financial advisor and they will have the best advice for managing your wealth transfers!)
@ZietInvests7 ай бұрын
@@vsuren i dont think so!
@TomTom-sq1jv7 ай бұрын
Thanks for your comment!@@ZietInvests
@fccp43487 ай бұрын
Good day, Ziets. Happy Lunar New Year. Thanks for your info.
@ZietInvests7 ай бұрын
Happy Chinese New Year to you and your family❤
@Johann757 ай бұрын
Love your videos. Ziet, what do you think about IBKR Stock Yield Enhancement Program (SYEP)?
@alexgod72717 ай бұрын
Thanks for this. Really helpful questions and answered alot of my doubts. Keep it coming and good job!🎉
@ZietInvests7 ай бұрын
So happy to know that!! Can't wait to see you on our future videos!
@weikeongtan81257 ай бұрын
Great sharing, thanks Ziet! Wanted to ask since Malaysia don't have capital gain tax. Do we still require to declare foreign stock investment during tax submission?
@ZietInvests7 ай бұрын
Hi Wei Keong, very good question. My friend have asked LHDN this via call, and the officer said yes need to declare under "Dan lain-lain" section below your income. But frankly if you ask me, that's capital gains tax right? Doesn't really make sense to me - so best if you can get an accountant to confirm this!
@weikeongtan81257 ай бұрын
Got it, thanks Ziet!
@user-10YearsChallange7 ай бұрын
Nice one Ziet!! And happy Chinese new year, hopefully ur channel grow bigger and stay humble and honest, ur channel really brings a lot of good content compared with the rest.
@Billcfc9117 ай бұрын
Brilliant video, would be great if you can start doing it on a regular basis (once a month or so...) thanks Ziet.
@ZietInvests7 ай бұрын
I'm so glad you liked it!! Keep the questions coming if you have any so that I can feature more varieties of problems to help more people😊 Thank you!!
@Tensterdotnet7 ай бұрын
What about the dividen from stock where it will go and how to trigger reinvest option ? Thanks
@CayonPokPok7 ай бұрын
Can I check, which broker will u recommended for malaysian who wish to trade U.S and HK?
@SuperClivo7 ай бұрын
Dude! New to your channel. Watched a few of your videos and you are pretty awesome!
@ZietInvests7 ай бұрын
Thank you so much for the kind words!! Can’t wait to show you more of what we’ve got😍😍
@knith1237 ай бұрын
Awesome stuff Ziet! I currently started my investing journey with 50% in VUAA and another 50% spread across Microsoft, alphabet and Apple. I’m not sure if I should diversify out of this to stock pick outside S&P 500 such as even other countries and non tech sectors, swap to VWRA or just stick to VUAA and chill all the way. I want to have 50% of my savings in ASB and 50% in the USD stock market as I believe I have a low to medium risk appetite. Any advice on this?
@NickGhale6 ай бұрын
For VUAA, check out SPXS.L or SPYL, cheaper
@Arquebusier897 ай бұрын
Bro thank you so much for this. It’s frustrating I cannot buy options or complex etf. It’s always good to have options open.
@gozza3 ай бұрын
Hi Ziet!! Awesome video. But need to ask question. Let say you remit $$ from IBKR to Msia account and got triggered by BNM. What type of proof do we need to provide to justify?
@leonardchong18247 ай бұрын
2 questions here..1. Being a malaysian, despite changing the trading permissions and what not, we cant seems to buy bitcoin. any way to maneuver around this? 2. knowingly that anything above 60k usd in IB, we will be slapped 40% inheritance tax (or tiered), besides giving it annually it as gift, what can we do in case we suddenly gone and can official will writing mitigate this? thanks
@ZietInvests7 ай бұрын
Hi Leonard, thank you for the great questions! 1. I feel you, and yeah, at the moment IBKR (and many other brokers) does not allow Malaysian clients to buy BTC, probably due to the stringent financial regulations. Will keep you all updated as soon as it's available! 2. Yes there will be inheritance tax, but its up to 40%, not 40% flat ya. Unfortunately there's not way to avoid it if you invest in the US market, but it can be mitigated partially through investments via Ireland domiciled ETFs - as there are no inheritance tax on irish-domiciled assets for us! Can check out this video to learn more: kzbin.info/www/bejne/jHqwYpmZr7aXd6csi=TYBgpnynbd6ygCOB
@styfrung7 ай бұрын
Can you provide a step by step guide on opening ibkr and buying please?
@anthony.L7 ай бұрын
he did already, check older videos
@kuriansimonvarughese68254 ай бұрын
Thanks for making wonderful content as always....Recently i am not able to get authentication code to log in into IBKR account using laptop. Pls advice on this .....thanks
@rustem3122 ай бұрын
I'm facing the same issue. Is this a recurrent problem with IBKR? If so, I will look for another broker, I'm happy I didn't deposit anything yet
@anthony.L7 ай бұрын
Hi Ziet. Thanks for all your videos. I have a question but not really about IB. Why Alibaba US (BABA) is less performing than Alibaba China/HK (9988)?
@wewave237 ай бұрын
It's a matter of perception. Investors in China knows the truth of Alibaba's performance, those gweilos in the US of A only know propaganda fed to their brain dead heads.
@peipei32377 ай бұрын
I would like to know about account inheritance. If anything happens to me (pass away), what will happen to my stock?
@ZietInvests7 ай бұрын
For Malaysians - IBKR advice to hire a lawyer and approach their customer support to setup a will for inheritance transfer. This is because their platform don't natively support inheritance transfer for non-US clients. (Correct me if im wrong!)
@fccp43487 ай бұрын
Good day, Zeits. What if I let my close relative have AC password access and he transfer through WISE all my $ to his WISE AC after I died. Can it work that way or should I have a joint AC in IBKR.
@InvestingEducation7 ай бұрын
for the accumulating etf VUAA, is there any withholding tax?
@FrontScenery7 ай бұрын
Hey Ziet, Great video there. BTW, let's say somehow I managed to made from 10k to 1m MYR in the broker. Since this money is clean, is it possible I can withdraw one lump sum? Will I still get taxed even i can show evidence of my money where it came from ?
@ZietInvests7 ай бұрын
Hi, as mentioned in the video, i can’t guarantee how the malaysian authority will react when you bring in that huge sum of money into the country, cross corder. Technically capital gains are not taxable, but as part of anti money laundering exercise they’re gonna have to audit and investigate the source of your income - i.e going through your statement etc. Do check with a financial advisor for the most accurate advice ya😄
@SuperClivo5 ай бұрын
Hey Ziet! Can you make a video explaining how the Stock Yield Enhancement Program on IBKR works?
@flaviopivatelli9567 ай бұрын
As IBKR is the ONLY US broker providing Ireland-domiciled ETFs to non-US residents/citizens what could it do if IB went bust or insolvent and consequently would have NO another broker to transfer the assets to?
@ZietInvests7 ай бұрын
Unfortunately that also means if you need to transfer to another broker, if they dont accept these stocks, you would have to liquidate those positions and transfer in cash terms instead
@flaviopivatelli9567 ай бұрын
Thanks for reply
@caseywong9037 ай бұрын
Great sharing ! Can you comment on investors of foreign nationality residing in Malaysia - can they maintain IB account to trade US stocks from Malaysia, and if yes, which IB to register (SG or US), are there's restrictions to these class of investors in this case?
@VamboraSingapore7 ай бұрын
Excellent vid. But that zit, Ziet, is struggle to not pop on screen haha
@ZietInvests7 ай бұрын
I knowwwwwwww omgggg T_T I'm soooo sorry about that, it pops out every Thursday when I film my videos 🥲 (happy to report it's gone now!)
@Babarkhan_45807 ай бұрын
Kindly if you can shed some light on good faith violation and it’s application through IBKR. For instance if I open a position on Monday and close it on the same day that is Monday, when can I open my next position while trading through IBKR.
@weiyi06097 ай бұрын
Wanna ask ur opinion, if invest via malaysia broker like rakuten, when we withdraw large amount of money, will it be less likely to trigger the LHDN? And if i die, family member will easier gt the inheritence? Should this be consider point when choosing to use local broker or international broker? I already invest via IBKR for 2 years
@peterfischer70847 ай бұрын
Following Brexit my IBKR account was moved from the UK to Ireland. This has the disadvantage that now the limit for protection for cash in case of IBKR'S bankruptcy is only €20000, not €100000 as before.
@hssbsales03937 ай бұрын
Is it true that ibkr pays 5% interest on un invested funds in our account?
@rnegoro17 ай бұрын
Can I add another user like my wife/son to my account ? in case anything happen to me, he can inherit it ?
@kaiaitan14256 ай бұрын
Hey, Ziet, thanks for the explanation. It clears all my doubts!
@andyhengpenghwa7 ай бұрын
Hi Ziet. Does IBKR allow trading BTC ETFs for Malaysians?
@sudathfernando18542 ай бұрын
I just started with IBKR. Transferred USD from UAE bank. They have charged additionally USD 25 for RMA TT CORR charges. What is this charge? Is it one off?
@ZietInvests2 ай бұрын
The USD 25 charge could be a fee related to international wire transfers or a compliance check. It might be a one-time fee, but it's best to confirm with your bank or IBKR.
@gilph4 ай бұрын
Is it adviceable to open separate ibkr acct if you are investing both us and sg, foe monitoring purposes? Or just one ibkr account will do?
@drpany2 ай бұрын
Heirs may have to pay American estate taxes if their US‐domiciled holdings exceed $60,000. It doesn't matter whether or not such products are purchased from a non‐US brokerage. How to overcome this?
@gconceptg74867 ай бұрын
Oops ,Happy Chinese New Year to you🎉
@ZietInvests7 ай бұрын
Happy Chinese New Year to you too 🧧
@joeymangkok7 ай бұрын
Can withdraw to other person's WISE? Im asking just because as far i know IBKR dont have beneficiary/inheritance
@ronaldt34227 ай бұрын
Can I trade my own company stock when I'm director of that company without informing Bursa/the public when using Interactive Brokers??
@bharathbalu38786 ай бұрын
Bro I created a account in IBKR. Yesterday I done my first purchase. I was not allowed to buy pink stock. It says I need to get trading permission by selecting “US”penny stock” option but that option was not appeared in my trading permission in stock colum. What am I supposed to do. Kindly help me….
@cheehienlee30017 ай бұрын
Hi, IBKR can assign nominee? Just as EPF. Or Will can cover this? Thanks
@Ian_816 ай бұрын
Does US Stock DRIP got any charges in IBKR? Thanks
@thangmai70487 ай бұрын
Hi Ziet, can I ask you a question. If I open IBKR account with my passport number. After 10 years my passport expire, do I need to re-open new account or still keep this account and update new passport number ?? Can you help me...
@ganchi_poh1241Ай бұрын
What is the option entry and exit fee? Is the expired option incurs any fee (expired option in TOS is no charge)?
@ZietInvestsАй бұрын
Hello ~ as far as i know expired options dont incur any fee; standard option trading fees will apply for entry and exit.
@juniorbalasador227 ай бұрын
Hi Ziet, what market data do I need to trade North American Futures?
@ZietInvests7 ай бұрын
Hey there! To trade North American futures effectively, you'll want to get your hands on live futures data for the contracts you're interested in, like the E-mini S&P 500 or NASDAQ futures. Can try checking with IBKR customer support ya, hope this helps!
@DanielLee-ub4tp4 ай бұрын
I cannot find CNDX in London Stock Exchange when I use the search function. Pls help.
@rnegoro17 ай бұрын
How do you see the margin that is being used and being charged margin interest by ibkr ?
@jeffang32987 ай бұрын
great video, thank you Ziet
@ZietInvests7 ай бұрын
Glad you liked it jefff! Have a great one🥰
@goeatlnola6 ай бұрын
why is minimum order size 100 for SG individual stocks?
@ash.k27207 ай бұрын
@ZietInvests Can we invest ( commodities , index ) cfd through ibkr , as Malaysian?
@ZietInvests7 ай бұрын
I believe you can - but need to have certain trading permissions in order to do it yea
@ash.k27207 ай бұрын
@@ZietInvestscan you tell me whats that procedure ?
@veeratamilan18937 ай бұрын
Is there way in ibkr mobile app where I can see top "strong buy" stocks rated by analyst(can see in fundamentals tab) and sort them in ascending order based on market cap?
@TJunChuan7 ай бұрын
Man I hate IBKR so much. It's pain in the ass when registering a single account. First register failed and they won't give any reason, second attempt need some trading certificate or something and I can't proceed with that because I don't have it
@hallel90203 ай бұрын
When i deposit 100$ why do they charge me 30$ for transfer? Am i doing it in a wrong way or ? Based in UAE
@ZietInvests3 ай бұрын
You might have sent it through foreign telegraphic transfer, the USD 30 is charged by your bank, thats why its not encouraged to do that :x Try this method instead, its much cheaper: kzbin.info/www/bejne/borIdYdopNFkgZIsi=mOc6m9vuIHNAXL6c
@hallel90203 ай бұрын
@@ZietInvests Wise doesn’t work in UAE you see that feature of adding and balance you can’t see it here . I open wise i only see exchange options
@nasruddinmuhammad7 ай бұрын
Opinion abour adr china etf ?
@yeanniteh70886 ай бұрын
How to sell ETF in IBKR? All my order submissions failed
@ZietInvests6 ай бұрын
Did you submit during off market hours (weekends)? Try submit on weekdays yea
@SuperInferius7 ай бұрын
superb tips!
@ZietInvests7 ай бұрын
😁glad you liked it!
@jamescps87997 ай бұрын
Very difficult to transfer funds
@danieltan31477 ай бұрын
Thanks bro.
@JohnK-k1e7 ай бұрын
How to buy BTC as a Malaysian? Cant seem to access Binance and IBKR doesnt allow my account to buy BTC
@ZietInvests7 ай бұрын
Hi, yeah at the moment IBKR does not allow Malaysian clients to buy BTC, probably due to the stringent financial regulations :x we can only wait and see - i will keep you all updated if BTC ETF is available for us!
@kylehudsons7 ай бұрын
Why not Luno?
@futsuu4 ай бұрын
Great video mate
@ZietInvests4 ай бұрын
Thank you mate!!
@averageoptions7 ай бұрын
How long does it take to withdraw your fund to your Wise account?
@paulosousa13577 ай бұрын
Muito complicada de negociar !
@Lasereyes877 ай бұрын
great video
@ZietInvests7 ай бұрын
Glad you enjoyed it😄
@matgaban-vd1oh7 ай бұрын
as malaysian, can i open cimb singapore account?
@ZietInvests7 ай бұрын
Can! Here's the guide: kzbin.info/www/bejne/o4nNkqKYa5h-aNksi=MKAG_XJmWTStSBxl
@ferhat00703 ай бұрын
thanks man
@kylehudsons7 ай бұрын
Do not spread your withdrawal within a short time period. This is structuring, you will still get triggered. If you are not doing anything shady then just withdraw all of it lump sum and be ready for your Bank to call you and provide all the necessary documentation to proof the source of fund. Or if you need X amount on a certain periodical basis then monthly is the best bet. It will still trigger but as long as not too large then they may potentially let it go if your profile is matching the amount you are transacting. #Not a money laundering advice
@kevinregis77445 ай бұрын
Has anyone ever told you that you sound like you have a Caribbean accent?
@aungnaylin97877 ай бұрын
😊
@vblogchannel76897 ай бұрын
Thank you for this video!
@ZietInvests7 ай бұрын
You're most welcome buddy!! Hope to see you more around!
@holyloli694207 ай бұрын
What's your opinion on BTC ETF?
@ZietInvests7 ай бұрын
I think it's a brilliant & safe + low-cost method to get exposure to it, without the risk of the cold/hot wallet!
@anthony.L7 ай бұрын
@@ZietInvests but can be easily manipulated by hedge funds and governements (like stock market)
@giant1087 ай бұрын
Is that true Moomoo started the Malaysian operations today? TQ
@ZietInvests7 ай бұрын
Yes they have! Can get cool rewards if you are interested: j.moomoo.com/00JRcf
@giant1087 ай бұрын
@@ZietInvests I'm interested to use your promotion. Please do a demo for account opening asap. TQ
@wewave237 ай бұрын
What's the problem even if your withdrawals trigger the authorities? If your trading is legit, if the broker is legit, then just pay the relevant taxes on income and there's no problem. Right? Granted that IB like many other foreign brokers are on the Malaysian security commision alert list, by virtue of it being an offshore brokerage, without licence and not regulated by Malaysian laws, it is just a precaution notice and is not illegal. That's my take on the matter