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Cheapest Currency Exchange For Canadians | USD/CAD | Norberts Gambit

Bassem - Canadian Finance Pro 22 views

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Is there a cheaper way than norberts gambit outside these brokerages? I am willing to wait
Comment from : @RamiSobhani

Hey Bassem! Such a great video brotherbrbrJust wondering, I have some money in my US bank account that I want to convert to CAD using this process My issue with questrade is, brwhenever I try to fund my questrade account with USD, it charges me $20-$30 wire transfer fee as my money has to go through a "intermediary bank" which is JP Morgan Chase, and JP Morgan charges a fee before they deposit my USD into my questrade account Any way I can get around this?brbrThank you!
Comment from : @cjdoniego

Thank youuu
Comment from : @tahreemsheikh7582

Tf is this
Comment from : @refused1

Thank you My Canadian account was charged 15 exchange rate when i bought US stock I will try this method
Comment from : @mohamadsaleh779

Great explanation, hello from Ontario Canada 🇨🇦 brbrI use Questrade for my trading Easy to use, can hold USD funds, fewest fees, etc
Comment from : @MrsSheffield

This can be done in Wealth Simple right? they do indeed have a USD account if you pay $10 a month subscription or are a premium client
Comment from : @Ericsicons

Would you recommend doing this than exchanging the currency on IB?
Comment from : @loveluv7311

Does this work with quest mobile too?
Comment from : @DIY_Renovations

Hey! I had a questionbrbrWhen I journal my cad to usd do I need a us bank account or can I leave it in quest trade but not invested?
Comment from : @deadfullyawesome

I am trying to convert USD to CAD I can see DLR and DLRU tickers (and not DLRTo and DLRUTO) - are these same?
Comment from : @CanadianKhan

Hey love the show!!! Thank you, please keep posting your monthly numbers It's nice to see someone who is transparent and willing to teach his community how to create a passive income by showing what he does and showing proof I also joined your discord and your telegram group plus your membership hoping to learn from the community and you so that I can create monthly revenue streams from DeFi and investing cryptocurrency
Comment from : @enesayaydn7412

👍💰
Comment from : @soso_ahmed5sk7gc8o

PLEASE PLEASE don't stop doing this! I love seeing the numbers Gives me something to aspire to! Did you get a new video editor? New special effects are fun :)
Comment from : @Mustafa27-f5r

Hi, subbed! What would happen if within those 3-4 days CAD or USD value goes up/down?
Comment from : @Pumpkinj00

Dam I traded 180k!!! Old way fml!
Comment from : @TheJoeMoneyShow

Subscribed😁
Comment from : @valveman12

So today , if I need to buy US etf say VOO , it needs to be converted using above method ?
Comment from : @arshS27

Your explanation is very clear, quiet and to the point
Comment from : @EsslamMansour

Hello Bassem Is this better thank IKBR? They only charge flat $2 fee Also, I'd there la limit? What do you suggest for a transaction >$1M? Thank you
Comment from : @sheryk13

Does this work USD to CAD or some risk involved waiting 2-3 days ? TD also does the USD to CAD conversion without fees but I cannot compare the conversion rate between this method and td :(
Comment from : @jnanakshatriya668

Great info I also heard about CDR launched by CIBC on Neo exchange What’s your opinion on buying USD stalks without conversation Have yourself tried this option yet? Thanks
Comment from : @girishkulkarni5959

Hi Bassem,brbrI’m just interested in buying USD, not “buying USD for Stock” My question Is , this way kinda having an account that I can count as my asset?
Comment from : @gyuraklee9949

This is wonderful thank you Is there a version to get CAD to EUR?
Comment from : @andrewscheelar9656

What about transferring CAD TO USD in personal bank accounts ?
Comment from : @terrysteven3528

I have a question like today I bought DLRTO at price of 1259 but the price on DLRUTO is 1009 USD (Which is $1252 CAD) so did I lose money or what since I bought at 1259 I also notice that DLRTO fluctuates a lot but DLRUTO been at 1008-1010 range
Comment from : @HPX584

Hello Bassem I’ve been enjoying your great video to learn Do you have any group I can join and more learn about option? Thanks
Comment from : @jaypaek1

Hi, Is this the same process if dealing with RBC Direct Invest Thks,
Comment from : @joanner2644

Hi there, so if I'm a canadian that gets paid in USD, ie all my funds are in USD, and I want to make a long term ETF investing portfolio, should I just buy all my ETFs on the NYSE? Or should I use noberts gambit to convert all my funds to CAD and purchase ETFs on the TSX?
Comment from : @iGlide112

I like your video because you show us some trick 😊😊😊 thank you Mr Bassem
Comment from : @spidermannguyen4339

Nice thanks you👍🙏🔥
Comment from : @motovloqdki

Hi Bassem, I used your referral code for Questrade, but it seemed like I didn't get the $50 bonus Did they remove the promotion?
Comment from : @NP-ui6gi

Nice video!! Do you know a more expensive dual listed stock? Cuz if I want to convert large amount, questrade will charge up to 10$ I was thinking maybe shopify?
Comment from : @chengu832

Great video, I've done this a couple of times and it's not as scary as it seems This is the best way, thanks!
Comment from : @paulinemaurice9189

Worth it for all the brokers in Canada except for IBKR
Comment from : @vald447

Thx Bassem last 3 times I did this, I decided to use email too and it works perfectly Thx bud 😊
Comment from : @brucemillette367

I understand the concept Question are you buying the American dollar at spot, or is there a spread
Comment from : @enjoythedreamlife5658

This is probably the best explanation I've heard on YouTube around this topic Those fees will eat into a lot of your buying power!
Comment from : @akmclemore

Excellent way Can't be simple enough than this!
Comment from : @kevins3547

Oh man this is something I did not pay attention to and realized its slowly starting to add up Also cmon guys, hit that subscribe and like button!
Comment from : @oGSniipezz12