The Cost Of FX On Your Trades!
If you are from Canada and are trading from a CAD based account and are constantly buying US stocks – you need to consider the cost of FX on your trades !! At any brokerage you can open a CAD and a US based trading account. If you trade US stocks you should ideally convert a portion of your money to US dollars. This way you avoid the cost of FX on your trades. The impact of FX can be…