Wed. Jul 24th, 2024

IB is one of those known trustworthy Forex and stocks brokerage companies, providing services to traders worldwide. With Interactive Brokers, you can get access to multiple markets, including Singapore Stock Exchange. The brokerage firm offers access to various trading instruments including derivatives (options and futures), CFDs, stocks, indices, Forex, metals, etc.

How to Start with Interactive Brokers

If you are new to this brokerage firm, you need to create an account there to start trading. The company offers several types of trading and investment accounts that you can choose from. The first step is to register with Interactive Brokers.

Traders and investors from Singapore are asked to provide some personal information and confirm the email address. Further, you will also be asked to verify your account by providing the company with scanned images of your id document and another document confirming your residence.

To deposit and withdraw funds, you need to provide the company with your bank account details. The only way to top up your account is the bank wire transactions. Thus, it is important to learn more about your bank transaction fees and processing time.

Once you have created an account and credited it with real money, you can download the Trader Workstation platform (or use the dashboard trading terminal) and start trading. Interactive Brokers Singapore provides traders with a couple of mobile apps that you can install on your iOS and Android devices.

Interactive Brokers Features

Apart from trading and access to various markets, you can benefit from some additional features. The brokerage firm provides you with various services, including Interactive Brokers advisors, Bonds marketplace, IBKR analyst, No transaction fee ETFs, etc.

Thus, clients from Singapore can benefit from additional analysis support and find the most interesting trading ideas. Like many of its rivals, IB broker provides clients with a detailed educational program. If you are new to trading and financial markets, you can fastly learn the basics of Forex and stock markets trading to jump-start your trading career. By learning about trading with Interactive Brokers, you will be able to find out more about this profession, dive deeper into the basics of market analysis, cope with risk and money management, etc.

Final Words

Interactive Brokers is a regulated and trustworthy company, providing its clients with a variety of services. You can buy and sell hundreds of assets, including FX currency pairs, bonds, stocks, indices, physical metals, ETFs, and other financial instruments.

By Manali