Wealthsimple Job Reviews

What is Wealthsimple?

Wealthsimple is an easy to use Canadian web based Financial, stock and crypto trading web app that sets itself apart from its competitors by charging no fees. 

A Toronto, Ontario based online financial services company founded in Autumn of twenty fourteen exclusively as a robo-advisor trading platform called Wealthsimple Invest, it has improved considerably over the last 8 years to feature Wealthsimple Trade, a no fees discount brokerage service.

Does Wealthsimple Trade Charge Any Kind of Fees?

Wealthsimple Trade lets investors to trade individual stocks and ETFs without having to pay commissions. The exception is when you’re trading stocks and ETFs that are denominated in USD. In which case, they do charge a nominal currency conversion fee both when buying and selling. However, past us are the times of paying $7-12 per trade with online discount brokerages as was normal only a few years ago.

Exactly How Much in Funds Will I Need in Order to Begin Investing With Wealthsimple Trade?

Wealthsimple is cool such that they allow new customers to make a minimum deposit of only $1. Many alternative banks and discount brokerages have large minimum deposit amounts of 1K-$5000. This makes it hard for the typical investor to get started. With Wealthsimple Trade, you won’t have to already be wealthy to start trading stocks and ETFs.

So Does Wealthsimple Trade Offer Registered Accounts?

They do. Wealthsimple Trade has both CRA registered and non-CRA-registered accounts. You may select both RRSP and TFSA account types in the setup phase. 

Does Wealthsimple Trade Have a Mobile Application?

Yes, Wealthsimple Trade offers a convenient mobile app that is offered on both iOS and also Google Play. The mobile app makes the signup steps and trading of stocks and ETFs truly simple.

So Is Wealthsimple Trade Trustworthy?

Of course. Wealthsimple Trade is legit. Wealthsimple reports more than 15 billion CAD in Assets Under Management . This company has been expanding for more than 7 years and currently employs about 600 Canadians. The controlling shareholder is the public Canadian entity Power Corp of Canada. Weapthsimple Trade is the first no-fee digital brokerage operating in Canada.

How Does One Deposit to a Wealthsimple Trade Account?

The Wealthsimple Trade mobile app makes it very straight forward to deposit to your account. Simply connect the app to a chequing or savings account to your Trade account, and then add money to your account in just a couple of steps. Deposits from your bank to Wealthsimple usually take just a few days. Funds can the same way can be withdrawn a chequing or savings accounts using the exact same process.

Which Other Benefits and Products Are Available?

Wealthsimple Cash – An equivalent to e-transfers which allows anyone to quickly and simply send money to friends and family in Canada.

Wealthsimple Tax – Everything you require to get ready for this tax season and submit your tax return online for free. It’s described to be simple, accurate and always totally free income tax filing.

Wealthsimple Spend – A combination pre paid debit card and savings account that lets one to earn 1% cashback on all your purchases, as well as get a competitive 1.5% interest rate on savings.

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

Each of the mentioned features, along with Wealthsimple Trade may be accessed inside the mobile app and on the site with your Wealthsimple login.

So How Should I Start With Wealthsimple Trade?

Click here to register for a Wealthsimple Trade account. As a special signup bonus for our readers you will receive the cash value of a Canadian stock valued at up to $4,500 CAD when you make an initial deposit to your account.

What if I Still Have Additional Questions Concerning Wealthsimple Job Reviews?

If this review hasn’t answered all of your questions, and you’re browsing for more information relating to Wealthsimple Job Reviews, visit the Wealthsimple website for answers to all your questions.