Wealthsimple Review 2022: Wealthsimple Job Openings

What Exactly is Wealthsimple?

Wealthsimple is a convenient and easy to use Canadian digital investing, securities and crypto trading app that differentiates itself from similar apps by charging no fees. 

A Toronto, Ontario based online financial services business founded in Autumn of twenty fourteen originally as a robo advisor trading app called Wealthsimple Invest, it has grown significantly over the previous 8 years to feature Wealthsimple Trade, a zero fees discount brokerage service.

Does Wealthsimple Trade Charge Any Type of Fees?

Wealthsimple Trade allows consumers to trade stand alone stocks and also ETFs without having to pay commissions. The exception is when trading stocks which are listed in US Dollars. In that case, they will charge a nominal currency conversion fee when buying and selling. However, gone are the days of having to pay Upwards of $7 per each trade with online discount brokerages as was common only a couple years past.

Exactly How Much Money do I Need in Order to Start Investing With Wealthsimple Trade?

Wealthsimple is special such that they will allow new customers to make a minimum deposit of only $1. Many traditional banks and discount brokerages have quite large min deposit amounts of 1K-$5000. This makes it tough for the common new investor to start. With Wealthsimple Trade, you don’t have to be wealthy to begin trading stocks and ETFs.

So Does Wealthsimple Trade Have Registered Accounts?

Yes. Wealthsimple Trade has available both CRA registered and non-CRA-registered account types. One may select between both RRSP and TFSA account types in the setup phase. 

So Does Wealthsimple Trade Have a Mobile Application?

Yes, Wealthsimple Trade has a modern mobile app available on Apple and also Android. The smartphone app makes the enrollment phase and also the trading of stocks and ETFs easy.

So Is Wealthsimple Trade Legit?

Most definitely. Wealthsimple Trade is secure. Wealthsimple has more than 15 billion Canadian in Assets Under Management . This company has been in business for more than 7 years and now employs roughly 600 folks. The main shareholder is the admired publicly traded Canadian entity Power Corp of Canada. Weapthsimple Trade was the first no-fees digital discount brokerage operating in Canada.

But How Can I Add Money to a Wealthsimple Trade Account?

The Wealthsimple Trade smartphone app makes it straight forward to deposit to your new account. Just connect to a chequing or savings account to your Trade account, and add funds to your account in just a few clicks. Deposits from banks to Wealthsimple usually take just a couple of days. Funds can the same way can be moved to your chequing or savings accounts with the exact same method.

What Additional Features and Products Does Wealthsimple Offer?

Wealthsimple Cash – An alternative to Interac E-Transfers that allow anyone to quickly and easily send money to friends and family in Canada.

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

Wealthsimple Spend – A hybrid pre paid debit card and savings product that lets you to recieve 1% cashback on all your everyday spending, as well as get a competitive 1.5% interest on savings.

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

All of the mentioned products, including Wealthsimple Trade may be found inside the mobile app or from the website with one login.

But How Can I Get Started Using Wealthsimple Trade?

Click here to setup a Wealthsimple Trade account. For a special signup bonus to our audience you will receive the cash value of a stock valued at up to $4,500 CAD once you add funds to your account.

So What if I Still Have Questions Related to Wealthsimple Job Openings?

If this blog post hasn’t given you the answers to all of your questions, and you’re browsing for additional specific answers about Wealthsimple Job Openings, check out the Wealthsimple website to find answers to all your questions.