What are the different types of investment in Wealthsimple?

Wealthsimple offers several types of investment accounts. First, Managed investing combines a robo-advisor with access to an investment advisor to create a customized investment portfolio. Secondly, Self-directed Investing (Stocks and ETFs) enables self-directed investors to buy and sell stocks and exchange-traded funds (ETFs) commission-free. The types of accounts offered are : RRSP, spousal RRSP, TFSA, FHSA, LIRA, RESP, non-registered account and business account.

What are the fees for Wealthsimple Managed Investing (Wealthsimple Invest)?

Wealthsimple Managed Investing ("Wealthsimple Invest") is an investment platform that combines a robo-advisor with access to an investment advisor. Customized investment portfolios are selected according to your investor profile and investment horizon. Management fees range from 0.4% to 0.5%, depending on the account balance.

What are the fees for the Wealthsimple Trade online brokerage platform?

Self-directed investing Stocks & ETFs ("Wealthsimple Trade") is an online brokerage platform that enables self-directed investors to buy and sell stocks and exchange-traded funds (ETFs) with no commissions, no administration fees and no account minimums.

What are the fees for the Wealthsimple Cash chequing account?

Wealthsimple Spend & Save ("Wealthsimple Cash") is a hybrid account that combines a chequing account, a high-interest savings account and a Mastercard debit card. The Wealthsimple Cash account has no monthly fees and no minimum balance. What's more, the card is attractive for travel, as it has no exchange fees on foreign transactions.

What are the fees for the Wealthsimple Crypto platform?

Wealthsimple Crypto enables trading of over 60 cryptoassets on their regulated platform, including Bitcoin, Ethereum and Solana. What's more, you can stash some of your cryptocurrencies and receive up to 12% rewards per year. Deposits and withdrawals are free of charge, and transaction fees vary between 0.5% and 2%, depending on account balance.

What investment products can be traded on Wealthsimple?

On Wealthsimple's investment platforms, you can buy and sell stocks, exchange-traded funds (ETFs), options and cryptocurrencies.

Is your money safe with Wealthsimple?

Of course. Wealthsimple Investments Inc. is a member of the Investment Industry Regulatory Organization of Canada (IIROC). Wealthsimple clients' accounts are protected by the Canadian Investor Protection Fund (CIPF). In addition, the chequing account places funds in trust with up to 5 Canada Deposit Insurance Corporation (CDIC) member institutions, insuring eligible deposits up to $500,000 in coverage.