facebookHi! Is anyone using both IBKR and SCB priority banking trading platforms? If yes, why did u decide to keep 2 platforms and how would you decide which acct to use to buy SGX and US shares ? - Seedly

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Anonymous

02 Jan 2022

General Investing

Hi! Is anyone using both IBKR and SCB priority banking trading platforms? If yes, why did u decide to keep 2 platforms and how would you decide which acct to use to buy SGX and US shares ?

Discussion (1)

What are your thoughts?

I don’t use IKBR but using TDA and other platforms in conjunction with SCOT.

One thing with SCOT is that I can use FAST to do transfers to the bank and convert using LiveFX immediately. TDA has a lag time for funds to be reflected so for time critical transactions, I usually choose SCOT.

And for dividend paying stocks, I use SCOT as there are no custody/dividend fees. And recently they have changed their dividend option selection process. It is more streamlined and online.

Just sharing my experience, sorry it doesn’t answer your question directly.

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