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What are the fees and charges for trading digital currencies on Robinhood in Canada?

avatarHatcher ElliottDec 28, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees and charges associated with trading digital currencies on Robinhood in Canada? I would like to understand the costs involved before I start trading.

What are the fees and charges for trading digital currencies on Robinhood in Canada?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I can tell you that trading digital currencies on Robinhood in Canada incurs certain fees and charges. These fees can include a spread fee, which is the difference between the buy and sell price of the currency, as well as a commission fee for each transaction. The specific fees and charges may vary depending on the type and size of the transaction. It's important to review the fee schedule on Robinhood's website to get the most accurate and up-to-date information. By staying informed about the fees and charges, you can make more informed decisions when trading digital currencies on Robinhood in Canada.