US Trading account with TD


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mitsaus   
Member since: Mar 09
Posts: 39
Location:

Post ID: #PID Posted on: 21-01-10 17:59:34

Hi,

I want to be able to trade (buy and sell ) US shares - which type of account can I get with TD, so I don't have to convert to and fro (and lose on the exchange rate).

I would like to be able to do this using registered and non registered account ?

Thanks



Iceberg   
Member since: May 05
Posts: 919
Location: GTA and beyond

Post ID: #PID Posted on: 21-01-10 18:47:43


You can trade US securities without f/x conversion in both registered and non registered a/c's. However, be very careful in registered as you have to inform them every time you trade a US security. They would avoid f/x by parking your USD in money market funds.

Quote:
Originally posted by mitsaus

Hi,

I want to be able to trade (buy and sell ) US shares - which type of account can I get with TD, so I don't have to convert to and fro (and lose on the exchange rate).

I would like to be able to do this using registered and non registered account ?

Thanks



mitsaus   
Member since: Mar 09
Posts: 39
Location:

Post ID: #PID Posted on: 22-01-10 16:07:09

Hi Iceberg,

can you elaborate a bit more by what you mean by "you have to inform them every time you trade a US security."

*** do you have to call TD Waterhouse or what?

"they would avoid f/x by parking your USD in money market funds"

*** what do you mean?????


Thanks





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