Which broker in Canada offers instant withdrawal?
Asked 3 years ago
I need to increase the efficiency with which I trade for my trading strategy to be effective. Therefore, I'm looking for the fastest broker with quick withdrawal and deposit speeds. As I've mentioned, I'm in Canada. Any recommendations?
Andrew Moran
Tuesday, January 11, 2022
One of the best Canadian brokers for speed of deposits and withdrawals is certainly Wealthsimple.
You can deposit up to $1,500 instantly into your Wealthsimple account every three business days. And, of course, you can maximize the deposit on the same day.
For withdrawals, the company states that it takes two business days for the capital to be liquidated and to settle in your bank account.
At TD Bank and TD Bank Investing, you can access your funds almost immediately.
Once you liquidate a stock, the funds will be added to your trading account and then you can transfer the money immediately and access the funds right away.
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