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    related to: does webull work in canada vs us dollar exchange rates $ to canadian dollar
  2. $0 commission stock and option trading. $0 contract fees. Switch to Webull today! Grow your uninvested cash with 4.25% APY. Plus 20-70 free fractional shares when joining

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  1. Aug 12, 2024 · Conversion rate: It’s free to hold US dollars, and there’s a 1.5 percent foreign exchange rate; Interest rates: An uninvested Canadian dollar balance grows at 3.5 per cent while a US dollar ...

    • Money.Ca Editorial Team
  2. Mar 14, 2024 · Webull Canada charges $2.99 per trade, in CAD or USD depending on the market. This mean it will be very expensive if you trade often. However, if you simply need a non-registered account to invest for long-term and do not buy new stocks too often, $2.99 is actually a decent price compared to most brokers charging $5-$9.

    • Maude Gauthier
  3. The other is more complicated, but can often end up being cheaper. Questrade and a few others like CI Direct offer free buying for ETFs, with some cost, maybe $2 or $5 to sell. Otherwise, $2 or $5 per trade. When it comes to margin lending, it looks like they are similar to or more expensive than Interactive Brokers. 2.

  4. Apr 9, 2024 · Webull charges $2.99 (CAD or USD depending on the trade currency) and a $10/year account fee. New account prmotions are available. Ongoing access to Level 2 data is $4.99/month unless you make at least one trade in 30 days.

  5. Feb 16, 2024 · If you choose to buy stocks on margin using Webull, you’ll be charged interest as with any other loan. Webull’s current margin rates are: 11.00% on USD balances up to $99,999. 10.50% on USD balances $100,000 and over. 9.70% on CAD balances up to $99,999. 9.20% on CAD balances $100,000 and over.

    • Jordan Lavin
  6. Jul 4, 2024 · Not commission-free ($4.95 to $9.95 per trade) Low reviews for mobile app. Open An Account. 2. Wealthsimple. All-In-One Finance App. With 2.5 million clients, Wealthsimple is pretty famous in Canada. In case you haven't heard of it, it's an all-in-one finance app with stock trading, ETFs, crypto, and robo-advisors.

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  8. Sep 24, 2024 · You can open an account at Webull if you have Canadian citizenship or tax residency. We consider Webull a trusted broker as it is overseen by at least one very strict regulator. Webull is primarily a stock/ETF broker. Explore the services of Webull in our comprehensive Webull review for 2024 and browse the top list of the best online brokers in ...