If you’re interested in investing and buying US stocks in Canada, you need to check out other options when it comes to exchanging currency.
With Remitbee currency exchange, you can get the most out of your trading. Questrate, which is a popular option for those converting CAD to USD, charges 1.5-1.99%. However, Remitbee Currency Exchange charges you zero fees.
Once you start to invest in the thousands, you could be losing a ton of money just on fees alone! For example: Consider the following compared to Questrade fees:
- $1000 worth of US stocks: You could be losing about $40 CAD.
- $50,000 worth of US stocks: You could be losing about $2,000 CAD
RemitBee regularly updates its currency conversion rates to reflect changes in the market.
You don't need to look further, as our daily exchange limits are up to $1 million for business accounts and $250,000 for personal accounts. However, your level of verification will also be a consideration.
Thanks to our superb Google and Trustpilot ratings and reviews, you can be confident that you're working with a trustworthy currency exchange company.