TD Ameritrade global

[VicBee]

It looks like TD Ameritrade Singapore has shut down. We were told that in order to retain an account we needed to meet minimum assets requirements, which we did and were given a new account. However, the new account is now US based although apparently all else (quirky differences like the inability to choose lots to sell, FIFO only) remain the same.

 

[Robert Morse]

Hi VicBee - Lightspeed can handle both retail and institutional customers from Singapore. None of our platforms offer the ability to sell tax lots yet, but maybe we can make up for that. Also, foreign accounts do not receive a 1099 for capital gains, only NRA withholding from dividends, so you can process your taxes according to Singapore tax laws from our data files. My contact information is below if you want to discuss what we offer.

 

[def]

It looks like TD Ameritrade Singapore has shut down. We were told that in order to retain an account we needed to meet minimum assets requirements, which we did and were given a new account. However, the new account is now US based although apparently all else (quirky differences like the inability to choose lots to sell, FIFO only) remain the same.

Might as well plug Interactive Brokers as we've taken on many thousands of accounts as a result of the TD decision to drop the SG service. We are licensed and regulated by the MAS and have a team in SG on the ground with offices in Marina Sq and Harbourfront. We do offer FIFO/LIFO for trading. Please feel free to give us a call or check things out on our site:
https://www.interactivebrokers.com.sg/en/home.php

 

[VicBee]

Might as well plug Interactive Brokers as we've taken on many thousands of accounts as a result of the TD decision to drop the SG service. We are licensed and regulated by the MAS and have a team in SG on the ground with offices in Marina Sq and Harbourfront. We do offer FIFO/LIFO for trading. Please feel free to give us a call or check things out on our site:
https://www.interactivebrokers.com.sg/en/home.php

Thank you for your reply, and we have. My spouse has just signed up for an account and funding the account with a shares transfer from TD Ameritrade to IBKR. Awaiting the process to complete.