Buy and sell thousands of stocks and ETFs, commission-free.
Start trading instantly
Sign up and start trading with anywhere from $1 to $50,000. With no account minimums, you can get started at your own pace.
Buy a fraction of a stock
Invest in companies you believe in for as little as $1. Set recurring investments on any fractional share to automatically buy more of your favourite stocks on a schedule.
Skip the FX fees on US trades
With USD accounts, you can trade without FX fees on every order. Deposit and withdraw USD for free, and only pay foreign exchange fees when converting to or from CAD.
Early access
Earn extra income on your portfolio
With stock lending, you can earn extra money on your holdings without any extra work. We loan your stocks to other investors, you get a share of the earnings.
Never miss a market moment
Real-time stock prices, news, and custom price alerts make sure you have all the right info to trade in the moment.
Unlock new benefits as your wealth grows
Core
Get started with simple, low-fee financial tools.
$0 commission stock trading
Up to $50,000 in instant deposits
1.5%
FX fee per trade
Premium
Make the most of your investments with lower fees and tailored advice.
Complimentary USD accounts
No commission or FX fees on U.S. trades
0%
FX fee per trade
Generation
Build your legacy with expert guidance from your dedicated team of advisors.
All Core and Premium features
Comprehensive financial plan
0%
FX fee per trade
FAQs
We’re able to offer commission-free trades because we’ve built a low-cost, digital-first brokerage powered by technology. And executing trades actually costs very little for brokerages, so we don't think it's fair to charge our clients big trading commissions.
We do charge currency conversion fees. These fees vary depending on which plan you have.
Core plan: Clients using the Core account pay no fees when trading Canadian stocks. However, every time you trade US stocks, you will pay a 1.5% currency conversion fee when converting CAD to USD (and vice versa).
Premium & Generation plans: Wealthsimple Plus & Generation clients will get access to USD accounts — meaning they can buy, sell, and hold stocks and ETFs in U.S. dollars without the conversion fee per trade. Plus clients will only pay a 1.5% conversion fee when converting between CAD and USD (for example: funding your account.) If you’re moving USD from another account, there is no fee.
In comparison, most brokerages charge around 2% on top of the corporate rate for currency conversion.
Check out our pricing overview for more details.
Your Wealthsimple Stocks & ETFs account is an account (offered by Wealthsimple Investments Inc.) that allows you to buy and sell stocks and ETFs with no trading commissions. Wealthsimple Investments Inc. offers a self-directed platform and doesn't offer any financial advice or recommendations.
Your Wealthsimple Managed account is an automated investing service offered by our affiliate, Wealthsimple Inc., that manages your investments for you — including your RRSP and TFSA — using a personalized portfolio of low-fee exchange-traded funds. Wealthsimple Inc. also provides financial advice. If that's what you're looking for, please click here.
Choose from thousands of stocks and ETFs across the TSX, NYSE, NASDAQ, NEO and CSE. There are also limited securities available on the BATS Exchange.
We offer fractional shares for over 1,500 stocks including Google (GOOGL), Amazon (AMZN) Microsoft (MSFT), Netflix (NFLX), and Tesla (TSLA).
We’re also proud to announce the first Canadian offerings for fractional shares: Shopify (SHOP), Royal Bank of Canada (RY), Toronto Dominion Bank (TD), and the Canadian National Railway Co. (CNR).
For $10/month, you can hold US currency in your RRSP, TFSA, or personal account. So in addition to no commission fees, you’ll be able to transfer US dollars from another Canadian institution into Wealthsimple, then trade US stocks (or hold it as cash) without the worry of conversion fees. You’ll only pay an FX fee when converting currency between CAD and USD (for example: if you deposit CAD into your account.)