 |  On website |
|---|---|
| Description | |
| With its powerful financial tools, Wealthsimple can be considered one of the leading robo advisors in Canada. | Buy and sell stocks, bonds, ETFs and mutual funds – with low trading fees. |
| Basics | |
| Account Funding Options | |
| Bank transfer | Bill payment, Cheque, Electronic funds transfer, Transfer account |
| Advisory Services | |
| Yes | No |
| Apps | |
| Android, iOS | Android, iOS |
| Company Founded | |
| 2014 | 1999 |
| Company Headquarters | |
| Toronto, Canada | Vancouver, Canada |
| Minimum Age | |
| 18 years | 18 years |
| Minimum Deposit | |
| $0.00 | $0.00 |
| Minimum Trade | |
| $0 (Basic account) | $0 |
| Regulator | |
| IIROC, FCA | IIROC |
| Signup Bonus Gift | |
| Get a free stock when you open and fund your account. Terms and Conditions apply. | Get 1% cashback or more + $100 sign-up bonus + free trades! T&Cs apply. |
| Trading | |
| Copy Trading | |
| No | No |
| Crypto Trading | |
| Yes | No |
| cTrader Trading | |
| No | No |
| ETF Trading | |
| Yes | Yes |
| Forex Trading | |
| No | No |
| Fractional Share Trading | |
| Yes | No |
| Futures Trading | |
| No | No |
| International Markets Trading | |
| Yes | Yes |
| MetaTrader 4 Trading | |
| No | No |
| MetaTrader 5 Trading | |
| No | No |
| Mutual Funds Trading | |
| No | Yes |
| Options Trading | |
| No | Yes |
| OTCBB / Pink Sheets | |
| No | No |
| Paper Trading | |
| Yes | No |
| Penny Stock Trading | |
| Yes | Yes |
| Social Trading | |
| No | No |
| Stock Trading | |
| Yes | Yes |
| Tradable Assets | |
| Cryptocurrencies, ETFs, Stocks | ETFs, Equities, Exchange-traded debentures, Fixed income (Bonds, GICs), Mutual Funds, Options |
| Tradable Markets | |
| NASDAQ, NYSE, TSX | N/A |
| Fees | |
| Broker Assisted Trades Fee | |
| $45.00 | N/A |
| Brokerage Fee | |
| $0.00 | $8.75 |
| Domestic Wire Transfer Fee | |
| $30.00 | $0.00 |
| ETF Trade Fee | |
| $0.00 | $8.75 |
| Funds Withdrawal Fee (Partial) | |
| $0.00 | $50.00 |
| Funds Withdrawal Fee (Full) | |
| $0.00 | $125.00 |
| International Wire Transfer Fee | |
| $30.00 | $0.00 |
| Mutual Fund Trade Fee | |
| N/A | $0.00 |
| Options (Base Fee) | |
| N/A | $8.75 |
| Options (Per Contract Fee) | |
| N/A | $1.25 |
| Paper Confirmation Fee | |
| N/A | N/A |
| Paper Statement Fee | |
| $20.00 | $6.00 |
| Returned Wire Fee | |
| N/A | $40.00 |
| Spread | |
| N/A | N/A |
| Stock Certificate Delivery Fee | |
| N/A | N/A |
| Stock Certificate Processing Fee | |
| N/A | N/A |
| Stock Trade Fee | |
| $0.00 | $8.75 |
| Order types | |
| Order Type (Contingent) | |
| No | No |
| Order Type (Limit) | |
| Yes | Yes |
| Order Type (Market) | |
| Yes | Yes |
| Order Type (One Cancels The Other) | |
| No | No |
| Order Type (One Triggers and One Cancels The Other) | |
| No | No |
| Order Type (Stop) | |
| No | Yes |
| Order Type (Trailing Stop) | |
| No | Yes |
| Customer service | |
| 24/7 Support | |
| Yes | No |
| Email Support | |
| Yes | Yes |
| Live Chat Support | |
| Yes | No |
| Phone Support | |
| Yes | Yes |
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