Wealthsimple Employee Reviews

What Exactly is Wealthsimple?

Wealthsimple is a simple to use Canadian digital Financial, securities and crypto trading platform that differentiates itself from its competitors by charging absolutely no fees.

A leading Canadian online financial services company launched in the Fall twenty fourteen exclusively as a robo advisor algorithmic automated trading platform called Wealthsimple Invest, it has improved substantially over the past 8 years to include Wealthsimple Trade, a zero fee discount brokerage app.

Does Wealthsimple Trade Charge Any Type of Fees?

Wealthsimple Trade lets investors trade single stocks and also ETFs without paying fees. The exception to this is when you’re trading stocks and ETFs that are listed in US Dollars. In that case, they charge a currency conversion fee when buying and selling. But, behind us are the times of having to pay more than $7 per each trade with online discount brokerages as was common just a couple years past.

Exactly How Much Cash Will I Need to Begin Investing With Wealthsimple Trade?

Wealthsimple is unique in that they will allow Canadian investors to make a minimum deposit of just $1. Most traditional banks and discount brokerages have quite large minimum deposit amounts of 1K-$5000. This makes it tough for the typical new investor to get started. With Wealthsimple Trade, you won’t have to be wealthy to start trading stocks and ETFs.

But Does Wealthsimple Trade Have Registered Accounts?

Of course. Wealthsimple Trade offers both CRA registered and non-CRA-registered accounts. One can select between both RRSP and TFSA accounts in the setup phase.

So Does Wealthsimple Trade Offer a Mobile Application?

Yes, Wealthsimple Trade offers a modern mobile app offered to download on both IOS and Android. The mobile app makes the enrollment phase and also the trading of stocks and ETFs simple.

But Is Wealthsimple Trade Secure?

. Wealthsimple Trade is trustworthy. Wealthsimple has in excess of 15 billion Canadian in Assets Under Management (AUM). These folks have been in business for more than 7 years and now employs more than 600 Canadians. The majority owner is the respected public Canadian corporation Power Corp of Canada. Weapthsimple Trade was the first no-fees digital brokerage to operate in Canada.

But How Does One Deposit to a Wealthsimple Trade Account?

The Wealthsimple Trade mobile app makes it incredibly easy to fund a new account. Simply connect a chequing or savings account with your Trade account, and fund your account in simply a few steps. Deposits from banks to Wealthsimple usually take only a few days. Funds can the same way can be moved to your chequing or savings account through the same process.

What Other Benefits and Products Are Available?

Wealthsimple Cash – An equivalent to E-transfers which allows you to quickly and easily send cash to friends and family in Canada.

Wealthsimple Tax – Everything you’ll require to get ready for this tax year and file your tax return online for free. It’s pitched as easy, accurate and always free income tax filing.

Wealthsimple Spend – A combination prepaid debit card and savings product that lets you to get 1% cashback on your everyday purchases, as well as get a very competitive 1.5% interest rate on savings.

Personal Finance 101 – Wealthsimple’s free personal finance platform which includes a variety of different courses on topics like saving, investments, crypto, home buying and more.

Each of the listed features, along with Wealthsimple Trade may be found in the mobile app and on the site with a single login.

But How Should I Get Started With Wealthsimple Trade?

Click here to setup a Wealthsimple Trade account. As an exclusive signup bonus offer to our audience you will get the equivalent cash value of a random Canadian stock valued at up to $4,500 CAD as soon as you make an initial deposit to your account.

But What if I Still Have Additional Questions Concerning Wealthsimple Employee Reviews?

If this review still hasn’t answered each of your questions, and you’re still looking for additional specific facts relating to Wealthsimple Employee Reviews, visit the Wealthsimple website for answers to every one of your questions.