Wealthsimple Trade

Commission-free stock trading

1.5 million people use Wealthsimple Trade to buy and sell stocks. Join them and get a free stock to start your portfolio.

Start trading
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Simple and secure trading for everyone

The Wealthsimple Trade app uses best-in-class security to keep you in full control of your investments — whether you’re buying your first stock for $1, or you’re building a portfolio of low-cost ETFs.

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Own slices of companies you love with fractional shares

Deposit instantly, start
trading in seconds

Make moves at the
right time Premium

Curious about crypto?
We’ve got that, too.

Learn as
you grow

Your first stock
is on us

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 1.5 million and counting - More than 1.5 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, Canadian ShareOwner, 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

Accounts for all kinds of investing goals

We grow with your portfolio

Whether you’re totally new to investing or you’re already comfortable with trading, our plans have you covered.

Start building your portfolio in minutes

The first step to growing your money is opening your account. We’ll start you off with a free stock.

By clicking “Get started”, you agree to Wealthsimple’s Terms of Use and Privacy Policy.

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.

You can view our full list of fees associated with normal day-to-day transactions here. The only trading fee we charge is a currency exchange fee for USD trades of the current market + 1.5% - most brokerages charge around 2% on top of the corporate rate for currency conversion.

We make money on currency exchanges for US trades, and we plan on launching premium features in the future that will carry fees. Check out our pricing overview for more details.

Some important differences are that Wealthsimple Trade is completely mobile, charges no commissions on trades, and has no minimum balance. We use technology to drastically reduce our operating costs by eliminating the things that make traditional brokerages expensive — like bank branches, large teams, and legacy systems. Wealthsimple Trade is simple, jargon-free, and human — everything Canadians have come to expect from Wealthsimple. Opening an account takes minutes, and mere seconds for existing Wealthsimple clients. Wealthsimple Trade is a division of Canadian ShareOwner Investments Inc. and is similar to other brokerages in that it is a registered investment dealer and a member of the Investment Industry Regulatory Organization of Canada (IIROC).

Wealthsimple TradeBig banks
Per trade commissions$0$6.95-$9.99

Wealthsimple Trade is a brokerage that allows you to buy and sell stocks and ETFs with no trading commissions. Wealthsimple Trade is a self-directed platform and doesn't offer any financial advice or recommendations.

Wealthsimple Invest is an automated investing service that manages your investments for you — including your RRSP and TFSA — using a personalized portfolio of low-fee exchange-traded funds. Wealthsimple also offers savings accounts and provides financial advice. If that's what you're looking for, please click here.

If you're looking to grow your savings over the long-term, a diversified, low-fee portfolio that is rebalanced regularly — like the ones Wealthsimple Invest offers — is the smartest way to do that. But that doesn't mean there's no place for buying and selling individual stocks — so long as it's done responsibly as part of a holistic financial plan.

We support thousands of publicly-traded common stocks and exchange-traded funds (ETFs) listed on major Canadian and U.S. exchanges.

We're constantly updating which assets we support, so the list of available assets will likely grow over time! For more information on how to search for a stock or ETF, check out our article here.

Our Trade Help Centre has answers to our most common questions - like how to sign up, fund your account, and start trading.

You can also visit our Wealthsimple Trade Status page for live updates about how the platform is working.

If you can't find your answers there, or have specific questions about your account, contact trade@wealthsimple.com.

We’ll be offering fractional shares for stocks like Microsoft (MSFT), Netflix (NFLX), and Tesla (TSLA). Check out this link for the full list, and stay tuned for new additions.

We’re 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). We’ll be adding to this list, so keep a lookout for new additions.

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.