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
This is true: banks give unfair rates, primarily when you exchange currencies. After all, that is how they earn profit. As a result, you lose more when exchanging currencies with them. However, RemitBee gives you the real exchange rate! You can confirm this by searching ‘USD to CAD’ on Google.
Aside from giving you the best exchange rates, your exchange fee with RemitBee is free when you exchange at least $10!
RemitBee is based out of the GTA and is regulated and audited by FINTRAC. We promise that your funds are always safe when you transact with us. Security is just as important to us as it is to you!
We’ve worked hard to ensure that our customer service representatives perform best and are always available! You can reach our CSR 24 hours on weekdays and 12 hours on weekends. We encouage you to contact us if you need help with your transaction. You may read through the fantastic reviews we got from our customers on Trustpilot and Google!
When exchanging with RemitBee, you should pass different tiers for verification to exchange and send higher amounts of money. Increase your sending limits by giving your personal information and uploading specific documents.