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
From the convenience of your home, you can exchange currencies online and get the money sent into your account.
Thanks to our excellent Google and Trustpilot ratings and reviews, you can be sure you're doing business with a reputable currency exchange company.
Transfers cost nothing if you send more than $500. For transactions under $500, there is a modest cost of $2.99 when using Interac or $2.99–6.99 when using debit.