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
Few people know that banks give unfair rates when you exchange currency with them. As a result, most lose much of their money. On the other hand, RemitBee gives you the real exchange rate, which can easily be confirmed by searching ‘USD to CAD’ on Google.
Aside from giving you the best exchange rates, exchanging with RemitBee is free when you exchange at least $10!
RemitBee is based out of the GTA and is regulated and audited by FINTRAC. You can promise that your funds are always safe. Security is just as important to us as it is to you!
We’ve worked hard to ensure that our customer service performs best! We’re always willing to help with whatever you need. You may check out the reviews given to us by our customers on Trustpilot and Google!
When exchanging with RemitBee, you should pass different tiers for verification to be able to send higher amounts of money. Increase your sending limits by giving your personal information and uploading specific documents.