What is it about?
Simple, $0 Commission Stock Trading App
App Store Description
Simple, $0 Commission Stock Trading App
With Wealthsimple Trade, you can use your phone to start trading stocks and ETFs on major Canadian and U.S. exchanges. There are no account minimums, no paperwork, and it's all backed by one of the most innovative finance companies in the world.
Stock Trading Made Easy
We took away everything you don't need — the commission, the jargon, the confusing graphs useful only to people who work on trading desks, not to mention the paperwork. Whether you're a beginner or an expert, what you get is an intuitive and easy way to invest in the stock market.
Commission-Free Stock Trades
You may wonder: how the heck can you trade stocks without commissions? It's because we've built a low-cost, digital-first brokerage powered by technology. The secret is that executing trades doesn't actually cost very much. We'd rather be your go-to for trading stocks rather than make a bunch of money off you.
$0 Account Minimums
Since there's no minimum you need to keep in your account, it's easy to buy and sell a small amount of stocks.
More Account Options
Open a personal investment account or benefit from tax-free capital gains and dividends with a TFSA or RRSP.
Safe and Secure
Our app boasts state-of-the-art security. Wealthsimple Trade accounts are CIPF protected in case of insolvency (CIPF does not apply to Wealthsimple Crypto accounts). Make deposits by securely connecting your bank account with RBC, TD, BMO, Tangerine and other financial institutions.
A new product that makes cryptocurrency trading simple and secure. Buy and sell Bitcoin and Ethereum with simple, transparent pricing, no account minimums, or hidden fees.
Featured In The Press
- “A new free stock trading app is coming to Canada.” - Bloomberg
- “Robinhood of the North” - YahooFinance!
- “Opening an account takes minutes – compared with some traditional platforms that can take over two weeks.” - The Globe and Mail
What is Wealthsimple?
Wealthsimple offers investing, saving, trading and tax preparation services. Wealthsimple Trade allows you to buy and sell stocks commission-free. More than 1.5 million people use Wealthsimple products and our clients trust us with over $7 billion dollars.
Wealthsimple Trade is offered by Wealthsimple’s affiliated custodial broker, Canadian ShareOwner Investments Inc. (ShareOwner). ShareOwner is a member of the Investment Industry Regulatory Organization of Canada. ShareOwner is a member of the Investment Industry Regulatory Organization of Canada (https://https//www.iiroc.ca). Customer accounts held at ShareOwner are protected by the Canadian Investor Protection Fund (CIPF) within specified limits in the event ShareOwner becomes insolvent. A brochure describing the nature and limits of coverage is available upon request or at (www.cipf.ca (http://www.cipf.ca/)).
Wealthsimple Crypto is made available through the Wealthsimple Trade app. Wealthsimple Digital Assets Inc. (WDA) offers Wealthsimple Crypto to Canadians under time-limited registration and regulatory approach coordinated through the Canadian Securities Administrators' Regulatory Sandbox. In jurisdictions of Canada other than Québec, WDA is registered as a restricted dealer. In Québec, WDA is registered as a derivatives dealer. Crypto-assets purchased and held in an account with Wealthsimple Crypto are not protected by the Canadian Investor Protection Fund, the Canadian Deposit Insurance Corporation or any other investor protection insurance scheme. Any information about Wealthsimple Crypto, platform, emails, or other communications, are for informational purposes and not intended as a solicitation or advertisement for Wealthsimple Crypto.
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