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

Only Scotia is tempting but for various reasons I am tethered to RBC overall.

If want to make moves in investments, in my view it's a combination of
A. Direct-investing capabilities (order-entry, tools, margining, research/info, quotes)
B. Cash-management capabilities (EFT movements, LoC, HELOC) to support your investment moves from banking side
C. Full-service brokerage - like WM (Dominion Securities / Trust) - where you might can part of the portfolio to be separately managed

So RBC is mid-pack for me as a combo of these three.

I saw a few comments in other threads having challenges with moving around funds in CIBC and TD. National can't say

Can we buy US securities in RESPs? I know there isn't a USD side for RESPs but wondering if we can use CAD balance to buy US securities.

alanbrenton wrote: ↑ Can we buy US securities in RESPs? I know there isn't a USD side for RESPs but wondering if we can use CAD balance to buy US securities.

Called before placing an order.

We can buy US Securities but will always be dinged 1.5% FX fee.

Overbought and had to sell two shares to get rid of the negative cash balance lol.

CSE L2 is working now.

I think also for NASDAQ but it's not the complete book.

This is still probably the best free L2 on US stocks without having to to open a trading account:
https://markets.cboe.com/us/equities/ma ... book/AAPL/

How long do you find it takes for the different account views to synchronize and show the same value amounts?

I transfered money between my CAD and USD trading account on RBC and it shows in the transactions but show's the right amount in one screen but in the other portfolio screen it's not there.

Also, I tranferred money from my savings account to my Direct Investing account (shows withdrawn from my savings account right away) and then deposited it into my CAD account. I then took a portion of that and transferred it to the USD account. It shows the right amount in the USD account but doesn't show the right amount in the CAD account.

I waited on hold for 30 mins to have the service agent tell me that the reason it's not showing in the CAD side is because I got charged foreign exchange commission. I indicated that I transferred 20k from savings to CAD account and then 15K CAD from the CAD account to the USD account. If they are charging me 5k commission on a 15k trade then we have an issues. They were adamant that everything looked correct on their end. I've asked for it to be escalated to someone else who can help out.

It is common for things to take a few days to settle in the accounts and show up correctly?