About the Video
In this video, I will show you the cheapest way to fund your Interactive Brokers (IBKR) account from Malaysia, using Wise and CIMB SG. Look no further, you will save a lot if you fund it via this way as compared to Foreign Telegraphic Transfer (FTT) from your Malaysian banks.
🔴 𝗦𝘁𝗮𝗿𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗜𝗕𝗞𝗥 ➡️ Click Here
🔴IBKR Funding Guide from CIMB SG (IG post): Click Here
🔵𝗚𝗲𝘁 𝗙𝗥𝗘𝗘 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝘄𝗶𝘁𝗵 𝗪𝗶𝘀𝗲 (𝘂𝗽 𝘁𝗼 𝗥𝗠 𝟮,𝟱𝟬𝟬) ➡️ Click Here
🔽Timestamps:
0:00 Introduction & outline
0:49 Prerequisites (What you need)
1:49 Step 1 – Transfer money into CIMB SG via Wise (MYR to SGD)
3:46 Step 2 – Initiate transfer from IBKR account
4:56 Step 3 – Transfer SGD from CIMB SG (SGD to SGD)
6:33 Step 4 – Convert your currency (i.e. SGD to USD)
7:53 Cost comparison & savings (FTT vs Wise+CIMB SG method)
10:33 Outro
🔴Guide to open an Interactive Brokers (IBKR) account: Click Here
🔴Guide to setup a Wise account: Click Here
🔴Guide to setup a CIMB SG account: Click Here
🔴IBKR Mobile app tutorial: Click Here
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Disclaimer: This content is provided by a paid Influencer of Interactive Brokers. Influencer is not employed by, partnered with, or otherwise affiliated with Interactive Brokers in any additional fashion. This content represents the opinions of Influencer, which are not necessarily shared by Interactive Brokers. The experiences of the Influencer may not be representative of other customers, and nothing within this content is a guarantee of future performance or success.
None of the information contained herein constitutes a recommendation, promotion, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment products and services before making investment decisions. Risk disclosure statements can be found on the Interactive Brokers website.
Interactive Brokers is a FINRA registered broker and SIPC member, as well as a National Futures Association registered Futures Commission Merchant. Interactive Brokers provides execution and clearing services to its customers. For more information regarding Interactive Brokers or any Interactive Brokers products or services referred to in this video, please visit www.interactivebrokers.com.
