Wealthsimple Trade Referral $25

What Exactly is Wealthsimple?

Wealthsimple is a convenient and easy to use Canadian digital Financial, securities plus crypto trading web app that sets itself apart from similar apps by charging no fees.

A leading Canadian online financial services company founded in Autumn 2014 originally as a robo-advisor algorithmic automated trading platform named Wealthsimple Invest, it has changed substantially over the past eight years to also include Wealthsimple Trade, a zero fees discount brokerage service.

Does Wealthsimple Trade Charge Any Kind of Fees?

Wealthsimple Trade allows Canadian investors trade individual stocks and also ETFs without paying fees. The exception to this is when you’re trading securities that are displayed in USD currency. In which case, they do charge a nominal currency conversion fee both when buying and selling. But, behind us are the days of having to pay Upwards of $7 for each trade with digital discount brokerages as was normal just a few years ago.

How Much Money do I Need in Order to Begin Investing With Wealthsimple Trade?

Wealthsimple is awesome in that they allow new customers to make a minimum deposit of just $1. The majority of alternative banks and brokerages have sizeable minimum deposit amounts of $1000-5K. This makes it difficult for the typical investor to start. With Wealthsimple Trade, you won’t have to be wealthy to get started with trading stocks and ETFs.

So Does Wealthsimple Trade Offer Registered Accounts?

It does. Wealthsimple Trade has available both CRA registered and non-registered accounts. One may select between both RRSP and TFSA account types in the setup phase.

But Does Wealthsimple Trade Offer a Mobile Application?

Yes, Wealthsimple Trade offers a easy to use mobile app available to download on both Apple and Android. The smartphone app makes the enrollment process and also trading of stocks and ETFs super simple.

But Is Wealthsimple Trade Secure?

Of course. Wealthsimple Trade is safe. Wealthsimple has over 15 billion CAD in Assets Under Management . they’ve been in business for more than 7 years and employs over 600 people. The main owner is the public Canadian entity Power Corp of Canada. Weapthsimple Trade was the first no-fees online brokerage to operate in Canada.

How Can I Deposit to a Wealthsimple Trade Account?

The Wealthsimple Trade mobile app makes it quite easy to fund a new account. Simply connect to a chequing or savings account with your Trade account, and fund your account in just a couple of steps. Deposits from banks to Wealthsimple normally take only a couple of days. Funds can also be withdrawn your chequing or savings account with the exact same method.

What Additional Benefits and Products Are Available?

Wealthsimple Cash – An alternative to Interac e-transfers which allows one to quickly and efficiently transfer cash to friends and family in Canada.

Wealthsimple Tax – Everything you’ll require to prepare for tax season and file your taxes online free. It’s described as simple, accurate and always free tax return filing.

Wealthsimple Spend – A combination prepaid visa and savings account that lets you to recieve 1% cashback on your everyday spending, as well as earn a competitive 1.5% interest on savings.

Personal Finance 101 – This is Wealthsimple’s free personal finance education platform which offers a bunch of courses on saving, investing, crypto, home buying and much more.

Each of the above products, including Wealthsimple Trade can be accessed on the app and from their website with a single login.

How Can I Start Using Wealthsimple Trade?

Click here to signup for a Wealthsimple Trade account. As an exclusive signup bonus offer for our readers you will get the equivalent cash value of a share worth up to $4,500 CAD when you deposit to your account.

What if I Still Have Questions Concerning Wealthsimple Trade Referral $25?

If this review hasn’t given you the answers to all of your questions, and you’re searching for more answers relating to Wealthsimple Trade Referral $25, go to the Wealthsimple site to find answers to every one of your questions.