Sentences with phrase «spread on the currency conversion»

For a flat fee of $ 30 per quarter, the program allows you to buy and sell US securities without paying the usual retail spread on the currency conversion.

Not exact matches

And on top of that once you sell a security they forcefully convert it back to Canadian dollars at a «reasonable rate», problem is that also with conversion of currency there is a spread, so you end up getting hit anyways.

This was a question I was asking myself in an earlier post on canadiancapitalist.com If you incur that currency conversion hit, that's a one time 2 % hit you're taking on the switch (assuming a one point spread)