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
You can exchange and send currency to over 50+ countries globally from Lethbridge with the standard charges.
All transfers over $500 are free. For transfers under $500 using Interac, there is a small fee of less than $3, and using debit incurs a fee of $2.99–6.99.
Your data and transactions are safe with our impenetrable data encryption and FINTRAC regulation.