Wealthsimple Review 2022: Wealthsimple Github

What is Wealthsimple?

Wealthsimple is a convenient and easy to use Canadian web based Financial, stock plus crypto trading web app that differentiates itself from other apps by charging no fees. 

A online financial services company launched in the Autumn twenty fourteen originally as a robo-advisor trading platform named Wealthsimple Invest, it has improved substantially over the last 8 years to include Wealthsimple Trade, a zero fees discount brokerage app.

Does Wealthsimple Trade Charge Any Kind of Fees?

Wealthsimple Trade lets investors trade both single stocks and ETFs without having to pay commissions. The exception is when trading stocks that are listed in USD currency. In that case, they will charge a nominal currency conversion fee both when buying and selling. But, gone are the times of paying more than $7 per trade with online discount brokerages as was expected only a few years past.

Exactly How Much in Funds do I Need in Order to Start on Wealthsimple Trade?

Wealthsimple is unique such that they will allow new customers to make a minimum deposit of only $1. Many alternative banks and discount brokerages have sizeable min deposit amounts of 1k-$5000. This makes it tough for the typical investor to start investing. With Wealthsimple Trade, you won’t need to be wealthy to get started with trading stocks and ETFs.

Does Wealthsimple Trade Offer RRSP Accounts?

Of course. Wealthsimple Trade has both registered and non-registered account types. One are free to choose between both RRSP and TFSA account types in the setup process. 

So Does Wealthsimple Trade Offer a Mobile App?

Yes, Wealthsimple Trade has a convenient mobile app available to download on IOS and also Android. The mobile app makes the signup phase and also the trading of stocks and ETFs super simple.

Is Wealthsimple Trade Legit?

Most definitely. Wealthsimple Trade is trustworthy. Wealthsimple reports in excess of 15 billion Canadian in Assets Under Management . These folks have been expanding for more than 7 years and right now employs over 600 folks. The majority shareholder is the publicly traded Canadian conglomerate Power Corp of Canada. Weapthsimple Trade was the very first no-fee online brokerage operating in Canada.

How Do I Add Funds to a Wealthsimple Trade Account?

The Wealthsimple Trade mobile app makes it quite simple to add money to your account. Simply connect to a chequing or savings account with your Trade account, and then add money to your account in just a couple of clicks. Deposits from your bank to Wealthsimple normally take a couple of days. Funds can just as easily be withdrawn your chequing or savings accounts by the exact same method.

Which Other Benefits and Products Are Available?

Wealthsimple Cash – An equivalent to E-transfers that allow you to quickly and easily transfer money to friends and family in Canada.

Wealthsimple Tax – Everything you require to get ready for tax season and file your tax return online for free. It’s advertised to be easy, accurate and always totally free tax filing.

Wealthsimple Spend – A combination prepaid debit card and savings account that lets you to earn 1% cashback on your purchases, and also earn a very competitive 1.5% interest rate on savings.

Personal Finance 101 – Wealthsimple’s free personal finance learning platform that offers a variety of different courses on saving, investments, crypto, real estate and more. 

Every one of the above products, along with Wealthsimple Trade may be found on the mobile app and on the website with a single login.

So How do I Begin With Wealthsimple Trade?

Click here to signup for a new Wealthsimple Trade account. As a special registration bonus offer to our audience you will receive the cash value of a random stock worth up to $4,500 Canadian when you fund your account.

What if I Still Have Questions Related to Wealthsimple Github?

If this article hasn’t answered all of your questions, and you’re still searching for further info relating to Wealthsimple Github, check out the Wealthsimple website to get answers to all your questions.