Description | |
---|---|
With its powerful financial tools, Wealthsimple can be considered one of the leading robo advisors in Canada. | Advanced tools and in-depth research to help your investments grow. |
Basics | |
Account Funding Options | |
Bank transfer | Bank transfer, Electronic funds transfer, Transfer authorization request |
Advisory Services | |
Yes | No |
Apps | |
Android, iOS | Android, iOS |
Company Founded | |
2014 | 1996 |
Company Headquarters | |
Toronto, Canada | Toronto, 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. | None |
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 | Yes |
Penny Stock Trading | |
Yes | Yes |
Social Trading | |
No | No |
Stock Trading | |
Yes | Yes |
Tradable Assets | |
Cryptocurrencies, ETFs, Stocks | Bonds, Equities, ETFs, GICs, New Issues, Mutual Funds, Options |
Tradable Markets | |
NASDAQ, NYSE, TSX | NASDAQ, NYSE, TSX |
Fees | |
Broker Assisted Trades Fee | |
$45.00 | $65.00 |
Brokerage Fee | |
$0.00 | $4.99 |
Domestic Wire Transfer Fee | |
$30.00 | $25.00 |
ETF Trade Fee | |
$0.00 | $0.00 |
Funds Withdrawal Fee (Partial) | |
$0.00 | $150.00 |
Funds Withdrawal Fee (Full) | |
$0.00 | $150.00 |
International Wire Transfer Fee | |
$30.00 | $25.00 |
Mutual Fund Trade Fee | |
N/A | $0.00 |
Options (Base Fee) | |
N/A | $4.99 |
Options (Per Contract Fee) | |
N/A | $1.25 |
Paper Confirmation Fee | |
N/A | N/A |
Paper Statement Fee | |
$20.00 | $3.00 |
Returned Wire Fee | |
N/A | $25.00 |
Spread | |
N/A | N/A |
Stock Certificate Delivery Fee | |
N/A | N/A |
Stock Certificate Processing Fee | |
N/A | $100.00 |
Stock Trade Fee | |
$0.00 | N/A |
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 | No |
Order Type (Trailing Stop) | |
No | No |
Customer service | |
24/7 Support | |
Yes | No |
Email Support | |
Yes | Yes |
Live Chat Support | |
Yes | No |
Phone Support | |
Yes | No |