Investing

*** The unofficial RBC Direct Investing thread ***

  • Last Updated:
  • Nov 30th, 2017 12:06 pm
Newbie
Dec 12, 2006
5 posts
OldFud wrote:
Nov 7th, 2017 2:58 pm
Man ... your not kidding ... absolutely HORRID
1. no charting metric defaults brought forward
2. old charts that took a full screen ... now occupy 2 1/2+ screens
3. way too much wasted white space in the displays (27" display screen is a way too small now)
4. some mixing of old and new charting formats (depending on the security you are viewing)
5. a perfectly function system is now almost useless ... expect a big productivity hit
6. support listen very politely to complaints, but no empathy
7. must be a nightmare for them as well as us.
all good points. new charts are a joke. obviously based on the old system, but they didn't bother to port over several important features??? e.g. multiple SMAs on same chart, setting saved chart as default. Ugh.
Newbie
User avatar
Nov 6, 2017
2 posts
1 upvote
Actually the old charting system was very good ... at least for my purposes.
All that their changes do is the new "WordPress" appearance (i.e. terrible use of monitor display space).
For some reason they've decided to implement the new changes piecemeal, without user input, proper testing and cooled turkey.
That demonstrates zero respect and empathy for the user, and the whole development management team should be replaced.
Sr. Member
User avatar
Jun 23, 2009
951 posts
18 upvotes
If my RBC DI account has only USD cash in it, will RBC automatically convert the remaining USD after I purchase US shares to CAD to pay for the $9.99 CAD fee? I have no CAD in my account currently and will need to cover the CAD fee for the sell of the securities.
Member
User avatar
Oct 14, 2015
254 posts
41 upvotes
Drumheller
ahbitheman wrote:
Nov 24th, 2017 10:42 am
If my RBC DI account has only USD cash in it, will RBC automatically convert the remaining USD after I purchase US shares to CAD to pay for the $9.99 CAD fee?
Not entirely sure I understand the question, but yes, if there are insufficient funds in one currency, they will automatically take what's needed from the other currency - at a ridiculous exchange rate, of course.
Sr. Member
User avatar
Jun 23, 2009
951 posts
18 upvotes
Thanks. I was asking in regards go a Norbit's gambit. This did happen and I believe the exchange rate was 0.005 the spot rate which isn't that ridiculous. Another question:

Within RBC DI cash account, if I recently sold my ALL my investments on Day X (have no cash otherwise in the account), and settling to cash will take place on Day X+2, but I see a great deal on a stock on Day X+1, can I purchase that stock given my initial sell of stock hasn't settled yet? Or do I need to be on a margin account. To make things a little more complicated, My initial sell of ALL investments was after a same day buy from all cash doing a Norbit's gambit. So technically, I've been told to view it as if I just have cash in my account.
IrwinW wrote:
Nov 25th, 2017 5:23 am
Not entirely sure I understand the question, but yes, if there are insufficient funds in one currency, they will automatically take what's needed from the other currency - at a ridiculous exchange rate, of course.
Member
User avatar
Nov 26, 2014
299 posts
44 upvotes
Quebec
I just started active trading 3 months ago and I have access to level 2 quotes with RBC Direct Investing. Is it normal that on level 2 quotes I only see the 10 bids and asks in line instead of the whole order book?

Other thing is 9.95$ per trade or 6.95$ if I trade more than 150 per quarter seems expensive?

Last point the interface is slow and ugly...

Are all the other brokers limited to 10 bids and asks, have abusive fees and are slow and ugly?
Newbie
Jan 10, 2018
1 posts
I am thinking open a RBC DI, so I have some questions.
1 is RBC DI webpage placing order fast enough for day trading (acutally minute trading)

2 I wanna open a margin account ,what about the leveage ,50% 30%?

3if I get a cash account finally, can I do T+0 or have to T+3? I was told I can do t+0 unlimited times in a day with cash account , but settlement will be in 3days.But Google said cash account only can do 3 times in couple month "good faith trading" ,otherwish account will be suspended.

Thank you

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