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April 8, 2010
9:37 pm
doc
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what is the best fx site in canada

April 2, 2012
7:00 pm
moneysaver
Ontario
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Forum Posts: 64
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December 22, 2011
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I find XE.COM the best if you want lots of different currencies. If your looking for just US$, then XE.COM and Ally.ca is about the same. About 1.5 cents per dollar over the mid market rate. Ally holds the rate for 1 minute for US$ purchases. XE.com will hold it for 40 seconds after you become a member. Both are free to use. Theres a cost to you with paying XE.COM if your not with a bank who offers to pay them as a bill for free. I havent paid one penny yet to use XE.COM, I am with BMO with their Premium account and I added XE.COM as a bill.

April 4, 2012
3:19 pm
doc
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maybe that spread is still quite big. I thought there is companys with narrower spreads out there

April 14, 2012
12:14 pm
Peter
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May 15, 2007
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April 14, 2012
9:19 pm
moneysaver
Ontario
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December 22, 2011
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This is a great review of XE trade Peter. I have been using it for almost two years now. I always got my US$ in my BMO account one day after the trade though. I assume its because XE trade is a BMO customer as well. I found that out when I first signed up and asked for a draft in error instead of an EFT and when the draft arrived in the mail I noticed the banking info on the draft was BMO. Its just a guess why I get the US$ so fast, I am not 100% sure.

May 9, 2012
1:17 pm
Heddie
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May 9, 2012
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I found this site which shows xe.com reviews are quite varied (although I am not familiar with the review site itself):

http://www.reviewcentre.com/re.....87146.html

It looks like there are some real problems with some folks getting signed up.

I also stumbled on Knightsbridge:

http://www.knightsbridgefx.com

I would be interested in hearing from anyone who has used (or tried to use) them and whether they thought the rates were competitive.

May 9, 2012
4:06 pm
doc
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knightbridge fx has very good rates and they trade currency during market hours only. knightbridge currency from 10k dollars and up. 0-10k they do not trade.

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