How to join Wealthsimple Trade?
Wealthsimple Trade is a self-directed investment account that mixes the right tools with low costs, so you can invest with confidence. Learn how to open an account!
Opening an account at Wealthsimple Trade
If you are looking for a brokerage firm in Canada to start investing your money, Wealthsimple Trade might be a great option for you.
Whether you are a new investor or a frequent active or passive one, you should put a star right next to its name.
Since it offers commission-free trading and a great mobile app, you can invest your money on your own. But don’t worry about getting help because it offers good customer support and assistance, too.
Even though there aren’t many investments choices, the company is developing new features and tools to expand in the market.
So, if you think that it delivers what you look for, check out how to open an account!
Open account online
Access the Wealthsimple at https://www.wealthsimple.com/ and click on Products. Then, choose the Trade option.
After that, click on Create account and Sign up.
Fill in the information required. The whole process is really fast and easy.
You will be redirected to another website
Join using the app
Download the mobile app and fill in the information required. Note that it won’t check your credit, but it requires a SIN to verify your identity.
Wealthsimple Trade vs. BMO InvestorLine
If you are a Canadian searching for an investment account, let us present it to you two.
On one side, Wealthsimple, a commission-free self-directed platform with fewer investment choices.
On the other side, there is the BMO InvestorLine that charges a fee per trade, but allows you to get access to more investment choices.
|$0 for stocks, ETFs
|$9.95 per trade, plus terms apply for others investment choices
|1 free stock
Bonus of up to $25 when investing $100
|Get up to $2,000 cash back when opening the account
|Stocks, ETFs and some cryptocurrency
|Stocks, ETFs, Fixed Income Assets, Options, Mutual funds
About the author / Aline Augusto
Reviewed by / Aline Barbosa
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