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
Since many people are not aware of the unfair fees banks impose, they lose out on their hard-earned money! We make sure to give you the real exchange rate, which can be found by easily searching ‘USD to CAD’ in Google!
Not only do we have competitive rates, but we also charge $0 in fees if you exchange a minimum of $10!
We’re based out of the GTA, and regulated and audited by FINTRAC, so your money is always protected. Security is just as important to us as it is to you!
We’ve worked hard to make sure our customer service is the best of the best. We’re here to help with whatever you need, plus we have great reviews on Trustpilot and Google!
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.