ENHANCED SERVICES - AUSTRALIAN LISTED SECURITIES
IB is pleased to announce enhanced services for our Australian and New Zealand clients investing in Australian listed securities. Included in the upgrades are improved recognition of Australian residency for cash dividends, better access to certain restricted corporate actions and share repurchase programs, and availability of reports detailing franking credits which may be useful for certain tax considerations.
In order to benefit from many of these changes, Australian residents will need to provide their TFN. This can be done via Account Management by updating the user information at any time. Please note that updating the TFN information is only necessary to benefit from preferential tax withholding and corporate action activity. Investors who do not trade Australian listed securities are not affected.
So I still need to transfer some bucks across, but a bit worried with this screen talking about commission minimums.
Wondering if someone could explain this in "dummy's terms" for me.
Many international brokers, not retail investors like yourself, use the IB Trader Workstation platform as customised and rebranded (with their logo) trading platform for their clients. They then add their own fees on top of the IB commissions. This enables them to offer a trading platform to trade international exchanges but allow clients to deal locally with their broker while funding their accounts in their local currency.
looks like some useful changes at IB for us..
ENHANCED SERVICES - AUSTRALIAN LISTED SECURITIES
IB is pleased to announce enhanced services for our Australian and New Zealand clients investing in Australian listed securities. Included in the upgrades are improved recognition of Australian residency for cash dividends, better access to certain restricted corporate actions and share repurchase programs, and availability of reports detailing franking credits which may be useful for certain tax considerations.
In order to benefit from many of these changes, Australian residents will need to provide their TFN. This can be done via Account Management by updating the user information at any time. Please note that updating the TFN information is only necessary to benefit from preferential tax withholding and corporate action activity. Investors who do not trade Australian listed securities are not affected.
I got the email regarding entering TFN details, however I followed the very general instructions on how to add it and couldn't find the section anywhere on the Account Maintenance section. Pretty annoying, has anyone been able to do this yet?
Can someone tell me how to fund an interactive brokers account?
It's been a while since I've done this, and when I used the previous details (Acc:121229005/BSB:242000) I had my funding deposit rejected and returned to the bank.
What is the BSB/Account Number to fund an IB account??
Or is there another way?
Thanks in advance
same problem - I ticketed them
anyone notice live chat is never available lately or is it just me
What if any is the downside of giving your taxfile number above?
Hi All,
Just wondering if there is a free way to get upto date ASX data through IB, have been through the account settings page but they are asking for $36 odd gold coins to get it.
Any help will be fantastic.
lost872
anyone else got a screen full of question marks at the moment? Showing its connected but no prices showing up etc. Weird.
I'm only dealing with the US at the moment but that seems to happen to me around the time the market opens.
Only for about 20 secs or so and then it's back.
I think you will notice on their website that there is a $2 a month news fee.
I'm also interested in IB but for futures, their trading platform (TWS) appears quite simple during my demo. I use Bullcharts at the moment for my Australian shares and have custom indicators for my systems. I want to know what other IB users use for charting software with IB futures? I did some research and found that Amibroker has a plug-in for IB, but it appears to be a bit slow from some reviews, what do others think?
I use the IB platform for trades and run tradeguider R/T charts on separate screen.
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