Sell Crypto Wealthsimple

What is Wealthsimple?

Wealthsimple is a convenient and easy to use Canadian web based investing, stocks and crypto trading web app that distinguishes itself from other apps by charging no fees. 

A leading Canadian online financial services company launched in the Autumn 2014 exclusively as a robo-advisor algorithmic automated trading platform called Wealthsimple Invest, it has grown considerably over the previous eight years to also feature Wealthsimple Trade, a zero fees discount brokerage service.

Does Wealthsimple Trade Charge Any Type of Fees?

Wealthsimple Trade lets consumers to trade stand alone stocks and ETFs without needing to pay any fees. The exception to this is when trading securities which are denominated in USD. In which case, they do charge a small currency conversion fee when buying and selling. But, behind us are the times of having to pay Upwards of $7 per each trade with online discount brokerages as was expected just a few years ago.

Exactly How Much Cash Will I Need in Order to Start With Wealthsimple Trade?

Wealthsimple is awesome in that they allow Canadians to make a minimum deposit of only $1. Most alternative banks and brokerages have large min deposit amounts of $1000-$5000. This makes it tough for the typical investor to get started. With Wealthsimple Trade, you don’t have to already be wealthy to start trading stocks and ETFs.

So Does Wealthsimple Trade Have TFSA Accounts?

They do. Wealthsimple Trade has available both registered and non-registered accounts. You can choose both RRSP and TFSA accounts in the setup phase. 

But Does Wealthsimple Trade Have a Mobile App?

Yes, Wealthsimple Trade offers a well designed mobile app that is available to download on Apple and Google Play. The app makes the registration phase and also the trading of stocks and ETFs super painless.

But Is Wealthsimple Trade Secure?

Of course. Wealthsimple Trade is safe. Wealthsimple reports in excess of 15 billion Canadian of Assets Under Management (AUM). These folks have been doing business for more than 7 years and employs roughly 600 folks. The majority shareholder is the respected public Canadian conglomerate Power Corp of Canada. Weapthsimple Trade was the very first no-fees digital brokerage operating in Canada.

So How Does One Add Funds to a Wealthsimple Trade Account?

The Wealthsimple Trade mobile app makes it very straight forward to add funds to an account. Simply connect the app to a chequing or savings account to your Trade account, then add money to your account in only a couple of clicks. Deposits from financial institutions to Wealthsimple normally take a few days. Funds can the same way can be moved to your chequing or savings accounts by the exact same steps.

Which Other Benefits and Products Are Offered by Wealthsimple?

Wealthsimple Cash – An alternative to Interac e-transfers that allows one to quickly and efficiently send cash to friends and family in Canada.

Wealthsimple Tax – Everything you’ll need to get ready for tax year and file your taxes online free. It’s described to be simple, accurate and always free income tax filing.

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

Personal Finance 101 – Wealthsimple’s free personal finance learning platform that includes a ton of online courses on topics like saving, investing, crypto, mortgages and much more. 

Every one of the above products, including Wealthsimple Trade may be found on the app or from the website with one login.

So How Should I Start Using Wealthsimple Trade?

Click here to register for your Wealthsimple Trade account. For an exclusive registration bonus offer for our readers you will get the equivalent cash value of a share valued at up to $4,500 CAD when you make an initial deposit to your account.

What if I Still Have Questions Related to Sell Crypto Wealthsimple?

If this blog post still hasn’t given you the answers to each of your questions, and you’re searching for additional specific info about Sell Crypto Wealthsimple, go to the Wealthsimple website for answers to every one of your questions.