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What is the spread for currency conversions?

For foreign exchange transactions, CI Direct Trading acts as principal with you, and may earn revenue on the spread (75-199 basis points). These rates would also apply to forced currency conversions (happens when you trade a U.S. stock in a Canadian registered account). Please note that to avoid a forced currency conversion, CI Direct Trading offers U.S.-dollar denominated registered accounts at $15 per quarter.

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Contact CI Direct Trading by email at newaccount@cidirecttrading.com or by phone at 1.877.310.1088