Pricing & benefits
Whether you’re just starting out or you’re an experienced investor, we’re here to help. And as your wealth grows, so do your benefits.
What you get — no matter what
Unmatched value
We keep our fees low, so more money stays in your portfolio – whether you’re an investor, a saver, or both. The more your wealth grows, the more you get out of Wealthsimple.
Investing made simple
Our easy-to-use tools, educational articles, and team of friendly humans are here to help. We’re with you from your first deposit, buying your first home, all the way to retirement.
Effortless money management
Automatically invest a portion of your paycheque, buy your favourite stocks, reinvest your dividends, and more. These features are always working in the background to help you move closer to your goals.
Bring your wealth to a better place
Our team will get to know you and your financial goals, then help you make the move to Wealthsimple.
Silvi Pukitis Woods, CFA, CFP (Senior Wealth Advisor)
Compare features
| benefit | Core | Plus | Generation |
|---|---|---|---|
Management fees | 0.5% | 0.4% | 0.2%*–0.4% |
Auto-rebalancing | |||
Dividend reinvesting | |||
Auto-deposits | |||
Personalized portfolios | |||
Private credit investments | Not included | ||
Private equity investments | Not included | ||
Tax loss harvesting | Not included | ||
Custom portfolios | Not included | Not included | |
Asset location | Not included | Not included | |
CIPF coverage |
| benefit | Core | Plus | Generation |
|---|---|---|---|
Commission fees | $0 | $0 | $0 |
USD accountsFree 30-day trial | $10/month | ||
Instant deposits | Up to $50,000 | Up to $50,000 | Up to $50,000 |
Recurring investments | |||
Dividend reinvestments | |||
Fractional shares | |||
Real-time quotes | |||
Price alerts | |||
Options contract fee | $2 USD/contract | $0.75 USD/contract | $0.75 USD/contract |
Stock lendingEarly access | |||
Foreign exchange fees | 1.5% | 1.5% | 1.5% |
Instant withdrawal fees | 2.5% | 2.5% | 2.5% |
CIPF coverage |
| benefit | Core | Plus | Generation |
|---|---|---|---|
Cash account interest | 4% | 4.5% | 5% |
Direct deposit | |||
Auto-invest your pay | |||
Bill pay | |||
Monthly account fees | $0 | $0 | $0 |
Account minimums | $0 | $0 | $0 |
Cash back | 1% | 1% | 1% |
Added ATM fees | $0 | $0 | $0 |
Foreign exchange fees | 0% | 0% | 0% |
Cash account CDIC coverage | Up to $300,000 | Up to $300,000 | Up to $300,000 |
Save account CDIC coverage | Up to $100,000 | Up to $100,000 | Up to $100,000 |
| benefit | Core | Plus | Generation |
|---|---|---|---|
Trading fees | 2% | 1% | 0.5% |
Recurring investments | |||
Price alerts | |||
Staking yield | Up to 12% | Up to 12% | Up to 12% |
Insurance |
| benefit | Core | Plus | Generation |
|---|---|---|---|
Always free filing | |||
Auto-fill my return | |||
Crypto tax calculator | |||
Audit support | $30 | $30 | $30 |
| benefit | Core | Plus | Generation |
|---|---|---|---|
Educational content | |||
Goal setting with an advisor | Not included | ||
Dedicated team of advisors | Not included | Not included | |
Comprehensive financial plan | Not included | Not included |
| benefit | Core | Plus | Generation |
|---|---|---|---|
Human help | |||
24/7 help centre | |||
Priority email service | Not included | ||
Priority phone service | Not included |
| benefit | Core | Plus | Generation |
|---|---|---|---|
15% off your will | Not included | ||
Medcan Year-Round Care plan | Not included | 6 months free | 6 months free |
Medcan Comprehensive Care plan | Not included | Not included | 50% off |
Airport Lounge Access | Not included | Not included | 10 passes/year |
USD accounts
Trade in USD commission-free and skip the foreign exchange fees on every trade. Available for $10/month, or complimentary for our Premium and Generation clients.
FAQs
You’ll automatically become a Premium client when you reach $100,000 with Wealthsimple.
Similarly, you’ll automatically become a Generation client when you reach $500,000 with Wealthsimple.
Your status is determined by whichever is higher — the value of your net deposits, or the value of your entire Wealthsimple portfolio.
So whether you’re a long-time client whose portfolio value has gone up over time (nice), or a brand-new client transferring to us, we want you to have every opportunity to qualify for Premium or Generation.
Almost all your Wealthsimple accounts are included! TFSAs, RESPs, RRSPs, GRSPs, LIRAs, and non-registered accounts — they’re all included, whether they’re Managed investing accounts or Self-directed accounts. So are your Crypto, Save, and Cash accounts.
If both your net deposits and total assets with Wealthsimple fall and stay below the $100,000 or $500,000 minimum you will be subject to a change in status.
You’ll no longer be charged for USD accounts, but you’ll keep receiving the same great benefits. You’ll save $10 a month, and continue on your path to reaching Generation status.
Your Premium and Generation plan comes with the perk of access to one of our experienced advisors. Set up time and get advice to help you meet your financial goals. Contact our team here.
Medcan's Comprehensive Health Plan helps you optimize your health now and in the future with a wide range of services. They include an annual health assessment, diagnostic testing with same-day results, on-demand appointments, travel health support, and genetics and genetic counselling.
For more information about the Medcan perks included with Premium, read here.
For more information about the Medcan perks included with Generation read here.
Once you sign up, you’ll receive the benefits of USD accounts for free. After the 30 day trial, you’ll automatically be billed $10/month for upcoming months.
To exchange CAD to USD, you’ll still be charged a 1.5% currency conversion fee, or you can transfer USD from another account for free.
Our management fees for Generation clients range from 0.4% for clients who have $500,000 with us, to 0.2% for clients who have $10,000,000 with us. To learn which rate you qualify for, reach out to our team of advisors here.