Post by
Hateshorts on May 25, 2016 9:12am
tdwaterhouse
come on td..yesturdy everythibg in my account was converted to us and tody i cant get quotes on the mobile app.. What gives
Comment by
coffeelover1 on May 25, 2016 11:01am
they are struggling badly. i'm really thinking of chaging tdwaterhouse to something else more reliable. any suggestions?
Comment by
WillyWally on May 25, 2016 11:08am
I've been using Questrade for many years and I love it.
Comment by
Aminvestor1234 on May 25, 2016 11:41am
coffeelover1: Another problem that I noticed with TDWaterhouse is when converting currency between $CDN and $US, they charge a premium/discount of 1.5% to 2%. HSBC InvestDirect does not appear to charge anything and their commission is $6.88.
Comment by
WillyWally on May 25, 2016 11:48am
I really doubt any of the Canadian brokers doesn't charge the FX commission. Sometimes it's there it's just not clearly stated.
Comment by
FingBucko on May 25, 2016 12:03pm
Re: premium exchange charges - I was told by TD rep that there is a way around it. To move US funds to CDN account and you were intending to purchase a dual listed stock take advantage and buy it on the US side and move the stock over it will automatically convert to the CDN listed stock and no exchange premium. Cheers!
Comment by
Aminvestor1234 on May 25, 2016 12:26pm
FingBucko: When you said buy it on the US side I assume you meant buy it in you US account, then transfer your stock from the US account to your Cdn account. Which means you owe the purchase price in $US in the US account that you will be paying for in $CDN. That's when they hit you with the charge. Am I missing something?
Comment by
Aminvestor1234 on May 26, 2016 12:32am
FingBucko: Thanks for the info. Learn some thing new every day.