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
Lately, American companies have become famous for hiring employees from Belleville. While this is a big plus, You could get paid less when you convert the payment into CAD using mainstream banks. Every time this happens, you can lose up to $2,000
The good thing is you don't have to lose your hard-earned money, convert currency through Remitbee and avoid exorbitant bank fees, long queues and low exchange rates.
You want to maximize your potential earnings if you're a stock trader. To achieve this, Avoid low rates offered by brokerages and banks. Use Remitbee to exchange currency to buy stocks beforehand, and you'll make the most of your money!
Undoubtedly, exchange rates offered by banks and other currency brokers will cost you a little more since a tiny difference of, say, .007 in the exchange rate means a lot. Buying property in America from Belleville or vice versa requires a good currency exchange firm. And Remitbee is the best bet.
With Remitbee, you can save CAD 8,000 on a 20 percent down payment for a place in Belleville.
Reasonable exchange rates will significantly save Canadian students studying abroad or maybe an international student learning in Belleville. As a result, you'll have some surplus to use on your meals and suitable study materials.
With Remitbee you need to pass different tiers of verification to be able to send higher amounts of money. To increase your sending limits you will need to provide your personal information and upload certain documents.