Bullboard - Stock Discussion Forum Progressive Planet Solutions Inc V.PLAN

Alternate Symbol(s): ASHXF

Progressive Planet Solutions Inc. is a Canada-based manufacturing company. The Company is focused on developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products, which are being developed at its C-Quester Centre of Sustainable Solutions for the cement, agricultural and animal care industries. The... see more

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TSXV:PLAN - Post Discussion

Progressive Planet Solutions Inc > Fidelity $50 trade fee

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Post by Casavantsghost on Apr 28, 2022 9:36am

Fidelity $50 trade fee

What the helllll??? Anyone know why one incurs this fee when buying this equity from the US????

I own a number of Canadian stocks and I've never encountered this.

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Comment by Casavantsghost on Apr 28, 2022 10:11am

First stock I've ever attempted to buy that was not DTCC eligible.. Everything goes through the DTCC as in payroll, equities, bonds, etc... so that is odd.. "Why did Fidelity charge me $50 commission? A $50 fee will also be charged on each transaction in any foreign ordinary stock that is not Depository Trust Company eligible. Retirement and non-retirement accounts are ...more

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Comment by 15Stanmore on Apr 28, 2022 12:36pm

Hello Casavantsghost, Ouch, that has got to hurt. I recently moved accounts to National Bank Discount Broker where you can buy all Canadian traded stocks at $0 commission. We were with Questrade before and the $9.95 fixed trade fee was adding up as our daily trade volumes grew. It sounds like this is a US broker issue - is that the cause of the problem? Cheers, S.

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Progressive Planet Solutions Inc