Open a Tax-Free Savings Account

Wealthsimple’s TFSA offers optimized returns for a fraction of what big banks charge— and it only takes 5 minutes to open one.

Open a TFSA

The must-have account for any smart Canadian

  • You don't pay taxes on any investment gains

  • Withdraw funds anytime without penalty

  • No minimum — start with as little as $1

Open a TFSA

The benefits of using Wealthsimple

  • Track your contributions - Our free TFSA tracker eliminates the hassle of understanding CRA rules about how much you’re allowed to invest at any given time.

  • Low cost - Wealthsimple’s fees are just a fraction of what most investment managers charge.

  • Smarter, personalized portfolios - Using Nobel Prize winning strategies and cutting-edge technology, we’ll create the perfect portfolio mix to maximize returns while minimizing risk.

Open a TFSA

We keep your money safe

Your security and trust are important to us. We're committed to protecting your account with the highest standards of security available.

  • Over 2 million and counting - More than 2 million people use Wealthsimple’s investing, saving, and tax products

  • Everything is encrypted - We use state-of-the-art data encryption when handling your financial information and two-factor authentication (2FA) protection

  • CIPF protected - Your accounts are held with our custodial broker, Wealthsimple Investments Inc., and are protected within specified limits in the event of its insolvency by CIPF.

  • Powerful backing - Wealthsimple is backed by $380M in investment from some of the world's largest financial institutions

Benefits and pricing

The simple way to grow your money like the world’s most sophisticated investors.

Get started in 5 minutes

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