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
Many people lose their money because they don't know about banks' excessive fees. We provide you with an accurate exchange rate, which you can confirm by typing USD to CAD into Google.
In addition to offering cheap rates, we don't charge fees if you exchange at least $10!
Your money is always safe with us. We are located in the GTA and are subject to audits by FINTRAC, the federal agency that governs financial transactions in Canada.
We're here to help. Our excellent ratings on Trustpilot and Google show clients that we're a company they can count on.
You need to complete a few steps to get set up with Remitbee. You'll also need to submit some documents to increase your sending limits.