Wealthsimple Trade
Commission-free stock trading
Sign up today and start building your portfolio with a free stock.
Buy and sell thousands of stocks and ETFs
Wealthsimple Trade lets you buy and sell thousands of stocks and exchange-traded funds (ETFs) on major Canadian and U.S. exchanges.

Commission-free trading, no account minimums
No commissions on any trades, ever
No account minimum means you can get started with as little as $1
Get started with a free stock valued up to $4,000 on us! Terms apply.
Trading made simple
No jargon, and no paperwork
Search and track stocks easily with your watchlist
Trade instantly with up to $250 in instant deposits (learn more about instant deposits here)
Get snap quotes for real-time prices on demand and higher instant deposits with premium features

More features coming soon
Notifications when stock prices move
News and updates about stocks you follow
Not sure which accounts are right for you? We'll help you choose.
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
Your security and trust are important to us. We're committed to protecting your account with the highest standards of security available.
Benefits and pricing
Buy and sell thousands of stocks and ETFs — commission free.

Get started in 5 minutes
- Sign up and download the Wealthsimple Trade mobile app
- Securely connect your bank account to deposit funds
- Buy and sell stocks with $0 commission fees
Wealthsimple Trade is a division of Canadian ShareOwner Investments Inc., a registered investment dealer and a member of Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). Customer accounts protected by CIPF within specified limits in the event ShareOwner becomes insolvent. A brochure describing the nature and limits of coverage is available upon request or at CIPF's website.
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 Trade | Big 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.