Can you put a US stock in with a Canadian stock account or do you need a separate account for US

Claybird73
Claybird73 Member ✭
in Investing (Windows)
Can you put a US stock into a Canadian account with the Cdn stocks or do you need a separate account for the US stocks?

Best Answer

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    Answer ✓
    Extending @q_lurker's comment "... even if the brokerage does so.  Q just can't do that".
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP

Answers

  • q_lurker
    q_lurker SuperUser ✭✭✭✭✭
    Each account is limited to a single currency.  If the US stock is trading on a Canadian  exchange in C$ with other Canadian stocks, you're fine.  But you cannot mix a USD based security with C$ based securities.   
  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    Answer ✓
    Extending @q_lurker's comment "... even if the brokerage does so.  Q just can't do that".
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP

Categories