I’ve been trading options on wealthsimple in a non registered account (cad) and I’ve noticed that my profits in USD aren’t matching up with what the conversions are in CAD, for example today I made 103 usd which is around 144 cad, however it says I made about 113 cad. I know that there’s a 1.5% fx fee, but that’s absolutely egregious. I think it makes sense to get the USD account for $10/month right? Because it’s not making sense to me at the moment where the rest of the money is going… Like +40 USD is converting to 49 Cad, + 52 USD is converting to 62 Cad, I love wealthsimple but wtf is that BS
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15 Comments
Matt @tissuet · 3d
Once u have 100k that 10$/month is waved
Gerald @aetos · 3d
The widget on WS sometimes messes things up with options. But your monthly statement shows correct numbers.
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