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
Trust us when we say that banks give unfair rates, especially when you exchange currencies with them. Thus, plenty of people lose money. 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 give the best assistance! We’re always willing to help with whatever you need. Check out the fantastic reviews we got from our customers on Trustpilot and Google!
When exchanging with RemitBee, you should pass different tiers for verification so that you can send higher amounts of money. You can increase your sending limits by providing your personal information and uploading the required documents.