Loonie on the way to parity with USD- 12 Oct. 2009

Jump to Page:
< Previous [ 1 ] [ 2 ] [ 3 ] [ 4 ] Next >

Kalpna
Member since: Feb 06

Posts: 66
Location:
Post ID: #PID

Posted on: 05-04-10 13:43:33

Quote:
Originally posted by pranavshah77

i trade through TD borderless plan though the benefit is only 1 cent then regular trade. means even though for selling and buying usd we can loose around 1.5 cent per one dollar trade.

i have 5000US$ which i bought in 1us=1.053 can. now i am loosing money if i trade in current rate due to selling rate-1.5 cent bank commission.

is there any better option than the bank where i dont loose in bank commission atleast.

regards,

Pranav

___________________________
Check your PM.
Thanks

-----------------------------------------------------------------
Saloni

ftfl
Member since: Jul 06

Posts: 2335
Location:
Post ID: #PID

Posted on: 05-04-10 13:44:01

A few Brokerage firms do the exchange for a nominal charge. The differential (Spread) might still be a cent or close to it. They will take your USD and give you Canadian, it will cost you a cent or less. You will have to ask a friend who is in FOREX Trading. Or, start calling the brokers yourself. Also, you might experience a few days delay in the electronic transfer of funds, while doing it. See if it suits you.

Alternative is to trade FOREX yourself. Learn well before you jump into it.

Freddie.

pranavshah77
Member since: Feb 05

Posts: 92
Location:
Post ID: #PID

Posted on: 06-04-10 02:56:26

thanks freedie and saloni

regards,

pranav shah

-----------------------------------------------------------------
pranav shah

Contributors: mkannuri(3) ftfl(3) febpreet(2) desi-friend(2) pranavshah77(2) NM(2) tamilkuravan(1) rajcanada(1) benparsad(1) JRF(1) Kalpna(1) investpro(1) northyork_desi(1) yu203967(1) Cougar(1) kapilmalik(1)

Jump to Page: < Previous [ 1 ] [ 2 ] [ 3 ] [ 4 ] Next >

Show Printable version

Send this page to a friend

Add to favorites

Discussions similar to: Loonie on the way to parity with USD- 12 Oct. 2009
	Topic	Forum	Views	Replies
	Our Big Brother	News and Events	1766	0
	Job data shows economy roaring along-Tor star	Life	2046	1
	Documents to submit with PR application skilled	Independent Category	1649	0
	Ontario's GDP slipped in 2003, StatsCan says	Life	1681	5
	Canadian Dollar cash/Draft in India?	Just Landed	1917	5
	Bank of Canada lifts rates, hints more	Real Estate & Mortgages	1993	1
	Bank of Canada raises rates	Real Estate & Mortgages	1584	3
	I want Gujarat to compete with China: Modi	Our Native Country!	1998	0
	Rate to India with TD Bank ( 1 2 )	Public Services	5304	10
	Anyone trades thru- Etrade. ( 1 2 )	Financial Planning	4732	12
	Getting a mortgage thru a consultant versus directly thru a bank ( 1 2 3 4 5 )	Real Estate & Mortgages	7367	29
	RBC raises mortgage rates	Real Estate & Mortgages	1731	0
	Buy Indian currency, says HSBC ( 1 2 )	News and Events	3775	13
	Mortgage rates heading up ( 1 2 3 )	Real Estate & Mortgages	4734	14
	Our lawmakers	Our Native Country!	1458	0
	Bank of Canada keeps target for the overnight rate at 4 1/4 per cent	Real Estate & Mortgages	1600	0
	questions for investment gurus	Financial Planning	1926	4
	Forex&Futures trading .Frequently Asked questions ( 1 2 3 )	Business	5250	16
	Airtel USA ( is it true or fake ?) ( 1 2 )	General	4304	7
	Budget effects for Ashok and Asha	Financial Planning	1774	5
	Mid July GTA stats shows no letdown in Sales	Real Estate & Mortgages	1947	1
	Money2India - ICICI -My personal experience - Transferring Money back home.	Financial Planning	3356	1
	RESP SCAM *** Help me to spread this msg. as many way you can !!	Life	1751	3
	RESP : Self Directed vs MF based ( 1 2 )	Registered Education Saving Plan	7052	10

Charcha

Loonie on the way to parity with USD- 12 Oct. 2009

Discussions similar to: Loonie on the way to parity with USD- 12 Oct. 2009