Hey everyone,
For Canadian users,
For those of you who use Interactive Brokers (IBKR) and trade US individual stocks, what are the actual fees when you:
Sell a US stock you already hold.
Re-buy the another US stock.
Specifically:
Do you pay FX fees when selling and re-buying (even though funds stay in USD)?
Are there commissions or exchange fees per trade?
What other costs should I expect (SEC fee, regulatory fees, etc.)?
Rough ballpark: if I sell $10k of stock and immediately re-buy $10k, how much do I typically lose to fees?
Thanks in advance, trying to understand if this is worth doing for tax-loss harvesting / repositioning.
how does this compare to Wealthsimple, especially considering their FX fees on US stocks?