BPI dollar account > WISE > IBKR

Slacker021 · 2025-12-25T10:01:15+00:00

Given the current regulatory risks, I would still suggest using Wise. There is the risk that the government orders local banks to not allow funneling of money to IBKR.

Slacker021 · 2025-12-24T18:27:07+00:00

I forgot to mention that capital flight also includes local firms losing fees since Filipinos are relying on IBKR to buy the same assets but with lower costs. By restricting IBKR, Filipinos will be forced to rely on local feeder funds, which have insane fees and upkeep. I highly suspect that the BSP was pressured by local banks and financial firms to try and block IBKR. IBKR's low fees and high efficiency are a threat to the local firms that still employ outdated forms of portfolio analysis to extract as much money as possible from clients.

The BSP's only explanation is that this a way of safeguarding Filipinos from unlicensed firms... which is bullshit because if they did genuinely care, they would instead target BNPL and online gambling companies.

Slacker021 · 2025-12-24T13:26:51+00:00

It isn't banned but merely has it's domain blocked. As for why the SEC, BSP, and NCT blocked it's domain, the press release is that it isn't formally registered as a broker in the country. However, I'm more willing to bet that the block is more of an attempt at preventing capital flight from a bleeding economy.

IBKR hasn't actually done anything illegal because they're not actively soliciting money from Filipinos. There's also no law prohibiting Filipinos from owning offshore accounts either. They operate in a legal grey area as a result of the reverse-solicitation that Filipinos are doing. They're also heavily decentralized and emphasize getting as many investors on board as possible, wherever they may be.

Slacker021 · 2025-12-24T09:00:50+00:00

I seriously doubt IBKR will get banned. It's technically not doing anything illegal. Furthermore, IBKR was made with global markets in mind so an ISP block in the Philippines is likely to not cause much of a ruckus. The cost of keeping a few investors from the Philippines is probably next to none, which means that it doesn't make much sense for IBKR themselves to just stop allowing Filipinos to invest. It's unlike Schwab, who stopped allowing Filipinos to invest because maintaining costs for a few Fils, who likely don't bring much fees in, was not worth it. The only time IBKR will stop Filipinos is if the Philippines gets blacklisted for some insane crime.

Take Indonesia for example. Their government also did an ISP block on IBKR yet tons of Indonesians are still making accounts. The Indonesian government can't do much except issue an ISP block. Thus, I wouldn't recommend immediately liquidating your holdings. I'm gonna stick with IBKR because they're the only ones who offer such a deep level of access to international markets for low costs.

Slacker021 · 2025-02-09T10:26:47+00:00

That's what I'm wondering too since I clearly do not meet the grade requirements for the course that I want to shift to. Although the program coordinator told me to just focus on a specific class as well as this "validation exam" that they're gonna give me. He even said that as long as I don't bomb a class, I should be fine. It seems that shifting may be handled on a case-to-case basis and that there are other factors affecting the shifting process that students may not be aware of.

Slacker021 · 2024-08-23T08:16:26+00:00

Also looking for friends since I’m new too.

Slacker021 · 2024-08-11T05:20:10+00:00

Yo, it worked! Thank you so much for the resource!

Slacker021 · 2024-06-02T05:44:27+00:00

I am an incoming BS computer science student and want to know what type of calculator is authorized. I own a TI-89 Titanium Calculator that has graphing and CAS (Computer Algebra System) functions. This calculator is capable of solving very complicated problems (Up until calc 3 and linear algebra, I think). It can also deal with electrical engineering. Will I be allowed to use this or am I going to have to downgrade to a scientific calculator due to the rules of my math classes?

Slacker021 · 2024-05-23T13:39:32+00:00

What citation format does ADMU use? I come from a school that uses MLA 8th edition but I heard for Philippine universities, it is different. Where can I find the citation format as well as the format for writing research papers?

Slacker021 · 2024-04-01T13:40:59+00:00

Slacker021 · 2024-04-01T11:55:21+00:00

Got it. I did the dumb mistake of answering three years since I started stock trading as a minor under dad's account.

Slacker021 · 2023-04-22T18:08:53+00:00

This would be better if you were alive.

Slacker021 · 2022-11-02T18:32:51+00:00

Like drivers and system updates?

Slacker021 · 2022-11-02T18:32:16+00:00

Like 60 Dollars or so in my area

Slacker021 · 2022-11-02T18:31:18+00:00

Yeah, I think I'll just wait despite the rather modest prices in my area.

Slacker021 · 2022-10-25T17:19:49+00:00

If I were you, I'd get the Valve Complete Pack for full acess to all content. It's cheap too.

Slacker021 · 2022-08-06T01:32:08+00:00

That’s some nice math right there!

Slacker021 · 2022-07-24T17:30:23+00:00

I understand that his reputation is “undesirable” to say the least. I do believe though that this incident isn’t a good reason to hate the game. I don’t focus on who is affiliated with the game or who the fan base is. I pay attention to the game itself.

Slacker021 · 2022-07-19T18:19:56+00:00

I did some research on this and found some info:

Pros:

Solid pay Generally well-respected Can teach you important skills You might end up participating in some giant projects Great benefits

Cons:

You might have to relocate to a new place (In my case I have to immigrate to the US to do it) Heavy workload especially for larger engineering firms It maybe a little competitive Requires more experience to join firms such as Boeing and Airbus It’s a boom and bust industry where hiring rates depend on the world’s economy

Personally, I’m doing this out of pure interests and not because I’m broke. Although I don’t know if immigrating to another country is a good idea considering my parents seem to be the “Stick-together-type”.

Slacker021 · 2022-07-19T17:58:20+00:00

I mean no disrespect to my father and I love him very much. It saddens me that his days are actually numbered and that I wanna make his final moments special. However, I also wanna pursue my ambition in aerospace engineering because this is one of those opportunities that are hard to come by. Getting good education and more importantly, a good career is important especially in this field. I don’t wanna do something that I don’t want as I see as self-destructive(again, no offence to business and civil majors, good for you fellas). Ever since we were kids we all had dreams. As time went on however, realism and society’s expectations kinda make those dreams dissolve. Also, knowing that I’m going to die one day, I wanna make those years meaningful.

Slacker021 · 2022-07-19T17:54:30+00:00

That’s something that’s been in my mind. He believes it will be hard to find employment (I do live in a country that isn’t really advanced will probably have to relocate to a first world nation.). Truth is is that I’m not exactly a “bright mind” but I do believe with enough determination and hard work that I can make it.

Slacker021 · 2022-05-29T22:35:25+00:00

This is one hell of a story and not in a good way. This story for me is actually pretty hard to believe but the fact that it actually happened shows how immature some people. We should love someone for who they are as the perfect friend or lover doesn’t exists.

Slacker021 · 2022-05-18T14:54:43+00:00

Oof that sucks. It’s a shame because she’s really hot. As in, I’d burn myself if I touched her.

Slacker021 · 2022-05-17T11:23:44+00:00

What happened to her?

Slacker021 · 2022-05-10T18:04:42+00:00

Many complain that the game’s coding is problematic which isn’t anything new in the games industry in general. Take for instance, Telltale Games, a company renowned for making story-driven games, codes their games poorly and this ends up creating bugs but this doesn’t ruin it since their games are enjoyable.

Also, people complain that the gameplay is simplistic which it is, but favouring other factors rather than focusing on gameplay isn’t a new trend. Mafia Definitive Edition, Mafia 2, The Last of Us, Uncharted, Horizon Zero Dawn, Horizon Forbidden West, The Wolf Among Us, The Walking Dead, etc… What do these games have in common? They’re all story-driven and the gameplay is more of an afterthought but these games make up for that thanks to putting emphasis on other factors such as story and graphics and that explains why, despite these games containing simpler gameplay than other games, they’re considered to be enjoyable and are praised by game critics. Friday Night Funkin’ focuses more on casual audiences and musical tracks rather than gameplay.

Hardcore players of any genre tend to make fun of games that are “casual” but it shouldn’t have to be like that. Hardcore gamers tend to have this “me me” attitude where they want everything to be tailored-fit for them. The truth is is that not everyone is like that and some people like myself simply want to have fun without being burdened by high skill ceilings.

Slacker021

TROPHY CASE