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Wealthsimple

Stock Brokers

Wealthsimple offers Canadian managed investing and self-directed trading products. Management fees, trading costs, currency conversion and client tiers differ by product and status.

Data status: partially verifiedLast verified: 2026-08-02Provider website

Tradivex does not independently verify every listing. Confirm fees, licence details, eligibility, and availability before using a service.

Catalog tags

Robo-Investing Socially Responsible Beginners

Risk Warning

Trading financial instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Leverage trading can amplify both profits and losses. Past performance is not indicative of future results. Before trading, please consider your level of experience, investment objectives, and seek independent financial advice if necessary.

Key Features

Managed Investing
Self-Directed
Crypto
Canadian Accounts

Listed highlights

  • Managed and self-directed products
  • User-friendly interface
  • Canadian account coverage

Listed considerations

  • Canada-focused availability
  • Currency conversion may apply
  • Managed and crypto fees differ

Quick Comparison

FeatureWealthsimpleInteractive BrokersCharles SchwabDBS VickersE*TRADE
RatingNot availableNot availableNot availableNot availableNot available
PricingProduct and client-tier dependent$0/trade for eligible Lite products$0 online listed stocks/ETFs; product fees applyMarket and account dependentProduct-specific
Founded20141978197119861982

Frequently Asked Questions

Is Wealthsimple free?
Some self-directed stock and ETF trades have no commission, but managed investing, currency conversion, crypto and other services can have fees. Check the product-specific schedule.
Pricing
Current managed-investing examples range from 0.5% Core to 0.4% Premium, while self-directed stock/ETF trades can have no commission; FX and crypto fees may still apply.
Min Deposit
$0
Founded
2014
Mobile App
Yes
Demo Account
No
Withdrawal
Method and account processing dependent
Support
Phone, Chat
Regulation
Canadian entity and product-specific disclosures

Licence number and legal-entity verification: not recorded. Check the regulator directly.

Platforms
WebiOSAndroid
Deposit Methods
BankInterac