Interactive Brokers for US

[rr828241]

Indian Overseas Bank is simply the best.

I am planning on opening an account with iob, can you please tell what are the additional charges for outward remittance?

 

[abhiaj_geek]

I am planning on opening an account with iob, can you please tell what are the additional charges for outward remittance?

Have you considered they only allow remittance by going to branch

 

[Vinay13]

Anyone have idea about SLBM? stock lending ? How safe is it? I have full time US broker account. Can I do it?

 

[rr828241]

Have you considered they only allow remittance by going to branch

I had a word with my branch they informed I can send scanned documents and they will process

 

[Rahul098]

Has anyone tried slbm in Indian stocks I saw this video.

 

[Panthera_Tigris]

@theglobalinvestor @Hell_Kitty

How do you guys fill the Foreign Asset Schedule on your ITR forms in India? Indian brokers like Vested and IndMoney give you the data in the required format but in IBKR I will have to do everything manually!

 

[abhiaj_geek]

@theglobalinvestor @Hell_Kitty

How do you guys fill the Foreign Asset Schedule on your ITR forms in India? Indian brokers like Vested and IndMoney give you the data in the required format but in IBKR I will have to do everything manually!

Oh thats a bummer.
Get a CA to do the job?

 

[theglobalinvestor]

@theglobalinvestor @Hell_Kitty

How do you guys fill the Foreign Asset Schedule on your ITR forms in India? Indian brokers like Vested and IndMoney give you the data in the required format but in IBKR I will have to do everything manually!

I just email my statements to my CA.

 

[abhiaj_geek]

On another note, is there a way to bypass this 10L limit? The only thing I can think is to invest in my family members name.

 

[nikhilv0303]

IndMoney vs Vested vs IBKR - which one is best when starting to invest in global markets?

 

[telescope]

IndMoney vs Vested vs IBKR - which one is best when starting to invest in global markets?

Indmoney and vested both are simple and decent options. Interactive brokers is complex but also offers many more tools.

 

[abhiaj_geek]

IndMoney vs Vested vs IBKR - which one is best when starting to invest in global markets?

Indmoney and vested both use drive wealth as US brokers. Drive wealth is a rather new entrant. Better fx rates are possible with indmoney.

IBKR is a very old broker. More trust.