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 FX brokers allow you to check the latest foreign exchange average rates online. Besides, their foreign exchange rate data is compiled from leading markets in the finance industry. Before your journey starts, check out the following:
Usually, the mid-market rate is the real exchange rate, which has hidden fees. Moreover, with the Remitbee online currency converter, you'll get an idea of what your money's worth, which will help you get a fair rate when you want to exchange money.
Quite often, airports and hotels exchange currencies at markup exchange rates, and sometimes they may even charge hidden fees.
Plan your trip to Cornwall well in advance and avoid this expensive option. The best thing is you'll save money if you choose Remitbee online currency exchange due to their reasonable rates.