Wealthsimple Review 2022: Does Wealthsimple Have Dogecoin

What is Wealthsimple?

Wealthsimple is a simple to use Canadian digital Financial, securities plus crypto trading app that differentiates itself from the competition by charging no fees. 

A online financial services business launched in the Fall 2014 originally as a robo advisor trading platform named Wealthsimple Invest, it has evolved substantially over the last eight years to include Wealthsimple Trade, a no fee discount brokerage platform.

Does Wealthsimple Trade Charge Any Fees?

Wealthsimple Trade allows investors to trade individual stocks and ETFs without paying commissions. The exception is when you’re trading stocks which are displayed in US Dollars. In which case, they charge a currency conversion fee when buying and selling. However, gone are the times of having to pay Upwards of $7 per each trade with online discount brokerages as was common just a few years past.

Exactly How Much Money Will I Need to Have to Begin Investing With Wealthsimple Trade?

Wealthsimple is unique such that they allow new customers to make a minimum deposit of only $1. Most alternative banks and discount brokerages have sizeable min deposit amounts of $1,000-$5,000. This makes it difficult for the normal new investor to start. With Wealthsimple Trade, you won’t need to already be wealthy to start trading stocks and ETFs.

Does Wealthsimple Trade Offer TFSA Accounts?

Yes. Wealthsimple Trade has available both CRA registered and non-CRA-registered accounts. One are free to select between both RRSP and TFSA accounts during the setup wizard. 

Does Wealthsimple Trade Offer a Mobile App?

Yes, Wealthsimple Trade has a easy to use mobile app available to download on IOS and also Android. The app makes the enrollment process and trading of stocks and ETFs truly painless.

Is Wealthsimple Trade Secure?

Definitely. Wealthsimple Trade is secure. Wealthsimple reports over 15 billion CAD of Assets Under Management . They have been expanding for more than 7 years and also right now employs more than 600 folks. The controlling owner is the large public Canadian conglomerate Power Corp of Canada. Weapthsimple Trade was the first no-fees online discount brokerage operating in Canada.

How Can I Add Funds to a Wealthsimple Trade Account?

The Wealthsimple Trade smartphone app makes it very easy to deposit to your account. Just connect a chequing or savings account to your Trade account, then add funds to your account in just a couple of steps. Deposits from your bank to Wealthsimple usually take a couple of days. Funds can just as easily be moved back to your chequing or savings accounts using the same process.

Which Other Features and Products Does Wealthsimple Offer?

Wealthsimple Cash – This is equivalent to Interac e-transfers that allow anyone to quickly and efficiently transfer cash to friends and family in Canada.

Wealthsimple Tax – Everything you’ll require to prepare for this tax season and file your taxes online free. It’s described to be easy, accurate and always totally free tax filing.

Wealthsimple Spend – A hybrid pre paid debit card and savings product that allows you to recieve 1% cashback on your everyday purchases, and also get a competitive 1.5% interest on savings.

Personal Finance 101 – This is Wealthsimple’s free personal finance platform that includes a ton of online courses on different topics such as saving, investments, crypto, real estate and much more. 

All of the above features, including Wealthsimple Trade can be found on the app or at their website with your Wealthsimple login.

But How Should I Start With Wealthsimple Trade?

Click here to setup your Wealthsimple Trade account. For an exclusive signup bonus offer for our readers you’ll receive the equivalent cash value of a stock valued at $25 up to $4,500 CAD when you add funds to your account.

What if I Still Have Questions Concerning Does Wealthsimple Have Dogecoin?

If this blog post hasn’t given you the answers to all of your questions, and you’re still looking for additional answers relating to Does Wealthsimple Have Dogecoin, visit the Wealthsimple website to find answers to all your questions.