Expert, money saving updates, forecasts & tips on the CAD exchange

What is the Role of FINTRAC in Canada?

You may have heard of the term FINTRAC but may not understand what it entails. So, to understand what FINTRAC entails, this article will answer the following questions: what is...

What Are Traveller’s Cheques and How Do They Work?

You’ve probably heard of traveller’s cheques but may not have used them. A traveller’s cheque is among the many cashless methods of paying for services or goods. However, traveller’s cheques...

How Much Money Can You Bring into Canada?

If you are planning to travel to Canada or are a Canadian citizen going back home, you may have questions regarding bringing cash into Canada. You may be wondering: how...

Forex 101: What is a Quote and Base Currency

Terms like base currency and quoted currency make the currency market a vast and complicated system to fathom. Many new investors strive to have their way in the market and...

4 Practical Ways to Accept International Payments

If you run an international business or work with companies overseas, you may often wonder about the best way to accept international payments. Since there are many ways to receive...

Can I Use American Money In Canada?

If you plan to visit Canada from another country, your first question and worry might be, “can I use American money in Canada?”  Although Canada and the United States have...

Ask Price Vs. Bid Price: What’s The Difference?

The two fundamental terms in the market are bid and ask price. These two represent the supply and demand for the stock and apply to any security you buy or...

How to Cash a Cheque Without Bank Account in Canada

Close to one million Canadians (three percent) are unbanked, meaning they don’t have any relationship with mainstream financial institutions. If this is your situation, it’s essential to know how to...

What Is Leverage Trading? How Does It Work?

In trading, you can stress less by putting down less initial capital when doing leverage trading. However, you first need to know what you are doing before going down the...

What Is A Trailing Stop Loss in Forex?

A trailing stop loss is one of the stop-loss orders that collaborates risk management and trade management. Trailing stops are also called profit-protecting stops because they lock the trader’s profits...