Referral Code Wealthsimple

What Exactly is Wealthsimple?

Wealthsimple is an easy to use Canadian web based Financial, stocks plus crypto trading platform that distinguishes itself from similar apps by charging absolutely no fees. 

A leading Canadian online financial services business founded in the Fall twenty fourteen exclusively as a robo advisor trading platform named Wealthsimple Invest, it has grown substantially over the past 8 years to feature Wealthsimple Trade, a no fees discount brokerage app.

Does Wealthsimple Trade Charge Its Users Fees?

Wealthsimple Trade allows Canadian investors to trade stand alone stocks and ETFs without having to pay any commissions. The exception is when trading stocks that are displayed in USD currency. In which case, they charge a nominal currency conversion fee when buying and selling. But, past us are the times of paying Upwards of $7 per trade with digital discount brokerages as was normal just a couple years past.

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

Wealthsimple is special in that they allow investors to make a minimum deposit of just $1. Most traditional banks and brokerages have large min deposit amounts of 1k-$5,000. This makes it hard for the common investor to start. With Wealthsimple Trade, you won’t have to be wealthy to begin trading stocks and ETFs.

So Does Wealthsimple Trade Have Registered Accounts?

Yes. Wealthsimple Trade offers registered and non-CRA-registered accounts. You may choose both RRSP and TFSA accounts in the setup wizard. 

But Does Wealthsimple Trade Have a Mobile App?

Yes, Wealthsimple Trade has a easy to use mobile app available to download on both iOS and Google Play. The mobile app makes the registration steps and trading of stocks and ETFs incredibly easy.

But Is Wealthsimple Trade Safe?

Most definitely. Wealthsimple Trade is legit. Wealthsimple reports in excess of 15 billion CAD of Assets Under Management . they’ve been operating for more than 7 years and at this time employs roughly 600 folks. The controlling shareholder is the admired publicly traded Canadian entity Power Corp of Canada. Weapthsimple Trade was the very first no-fee digital brokerage to operate in Canada.

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

The Wealthsimple Trade smartphone app makes it incredibly simple to add funds to a new account. Just connect to a chequing or savings account with your Trade account, and then fund your account in simply a couple of clicks. Deposits from financial institutions to Wealthsimple normally take only a couple of days. Funds can just as easily be withdrawn your chequing or savings account with the exact same process.

What Other Benefits and Products Are Available?

Wealthsimple Cash – An alternative to E-transfers that allows anyone to quickly and easily transfer cash to friends and family in Canada.

Wealthsimple Tax – Everything you require to prepare for tax year and submit your taxes online for free. It’s pitched to be easy, accurate and always free income tax filing.

Wealthsimple Spend – A hybrid pre paid visa and savings product which allows you to earn 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 education platform that includes a variety of different online courses on different topics such as saving, investing, crypto, home buying and much more. 

All of the listed features, along with Wealthsimple Trade may be found in the mobile app or at their website with a single login.

So How Can I Begin Using Wealthsimple Trade?

Click here to setup your Wealthsimple Trade account. For a special signup bonus offer for our readers you will get the equivalent cash value of a share valued at $25 up to $4,500 CAD as soon as you make an initial deposit to your account.

So What if I Still Have Questions Concerning Referral Code Wealthsimple?

If this article didn’t answered all of your questions, and you’re still searching for additional information relating to Referral Code Wealthsimple, go to the Wealthsimple site for answers to every one of your questions.