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
You don’t have to pay transfer fees for transactions above $500. If you use debit, the fees range from $2.99-$6 and $2.99 for Interac
You don’t have to wait for specific times to perform your transactions, as you can do them online.
We offer better rates than banks ensuring you can save with no stress.