The Motley Fool Discussion Boards
Canadian Investing / Canada (General)
|Subject: Re: Moving to canada||Date: 9/8/2012 7:18 PM|
|Author: tim443||Number: 63020 of 64295|
I haven't looked at IB for about 3-4 years, I use Questrade which is Canadian based. Effectively you have a US and a Canuck account under one account but each has their own segregated currency. You can convert back and forth but don't need to.
If you are moving to Canada somewhat permanently I would not recommend IB as you would not be able to use registered accounts**** with them.
**** RRSP – Registered Retirement Savings Accounts
TFSA – Tax Free Savings Accounts (you can goggle them).
I think there are one or two others but I've never used them.
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