Should I open IBKR SG or IBKR LLC? Any differences? Which is better?

Hi Anon,

If you're looking to fund your account with USD, I'd recommend IBKR SG.

IBKR SG uses a DBS MCA, so you'll be able to fund your account with USD via a simple bank transfer.

IBKR LLC uses an American bank, so funding USD would require an overseas remit.

Also, I think IBKR SG supports SGX while LLC doesn't.

I wrote a post about how to fund your IBKR account with USD, you can check it out if you're interested!
https://www.thefrugalstudent.com/interactive-br...

Hope this helps!

Regards,
thefrugalstudent