The only trading fee we charge is a currency exchange fee for USD trades of the daily corporate rate x 1.5% — most brokerages charge around 2% on top of this rate for currency conversion.
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.
The value of your portfolio with Wealthsimple can go down as well as up and you may get back less than you invest. We're committed to protecting your account with the highest standards of security available.
A brochure describing the nature and limits of coverage is available upon request or at We're able to offer commission-free trades because we've built a low-cost, digital-first brokerage powered by technology.
*Please note that Wealthsimple Trade does not currently accept mailed cheques By-request transactions or special & extenuating circumstance fees 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! Much has been said about the true impact of high management fees for mutual funds. Below is a list of fees associated with normal day-to-day transactions. Wealthsimple also offers savings accounts and provides financial advice.
Our Cash product is offered by Wealthsimple Payments Inc., a money services business registered by FINTRAC. I moved my account from RBC to WS trade. Who Should not use Wealthsimple Trade?
In case you haven’t heard about Wealthsimple, it … RBC charged me 135$ plus taxes on the 135$. The only trading fee we charge is a currency exchange fee for USD trades of the daily corporate rate x 1.5% — most brokerages charge around 2% on top of this rate for currency conversion.
We're committed to protecting your account with the highest standards of security available. We make money on currency exchanges for US trades, and we plan on launching premium features in the future that will carry fees.
Hi guys, maybe someone can answer my question. Money in your Cash account is held in an account with ShareOwner.
Wealthsimple Trade is their latest product offering. Opening an account takes minutes, and mere seconds for existing Wealthsimple clients. So wealthsimple will reimburse transfer fees. 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 Wealthsimple Trade is a brokerage that allows you to buy and sell stocks and ETFs with no trading commissions.
Opening or closing your account, withdrawing funds, electronic statements and inactive accounts have a $0 fee. Read our ( Wealthsimple Trade is a self-directed platform and doesn't offer any financial advice or recommendations. You can view our full list of fees associated with normal day-to-day transactions We make money on currency exchanges for US trades, and we plan on launching premium features in the future that will carry fees.
Wealthsimple Trade is simple, jargon-free, and human — everything Canadians have come to expect from Wealthsimple.
Wealthsimple Digital Assets is working with Ontario Securities Commission staff and intends to engage with other securities regulators on a sandbox solution for offering Wealthsimple Crypto to … Wealthsimple Crypto is made available through the Wealthsimple Trade app, but is offered by Wealthsimple Digital Assets Inc., a virtual currency dealer money services business authorized by FINTRAC. With current average fees as high as 2.23% for equity mutual funds, Canada has consistently received the award for some of the highest investment fees among developed nations.
Customer accounts protected by CIPF within specified limits in the event ShareOwner becomes insolvent.
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