Last updated: December 6, 2022
All figures in Canadian dollars, unless otherwise specified.
Buying and selling US listed securities (including ETFs)
Flahmingo offers commission-free investing meaning we don't charge any com missions when you buy and sell securities.
Regulatory trading fees
The U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulator Authority (FINRA) charge a fee for selling stock. Flahmingo pays these fees, and does not pass them on to you.
Bank transfers via Interac e-Transfers for deposits, and electronic funds transfers (EFTs) for withdrawals
Voluntary corporate actions/election (each; in USD)
Electronic statements and trade confirmations
Paper monthly statements (each)
Paper annual statements (each)
Paper trade confirmations (each)
Other requests and investigations (per hour)
Account opening fees
Account closing fees
Inactive account fees
Account maintenance fees
Currency conversion fees
Flahmingo only charges currency conversion fees when you convert from CAD to USD and vice versa. Once your funds are in USD, you can buy and sell securities with no currency conversion fees. This fee is charged on the foreign exchange rate provided by our liquidity partner