Wealthsimple

4.5
67.7K reviews
1M+
Downloads
Content rating
Everyone
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image

About this app

Grow and manage your money — all in one place.

This is investing made simple. Buy and sell thousands of stocks/ETFs, trade cryptocurrency, build an automated portfolio, or earn stock and crypto rewards in one app. Low fees, no account minimums.

Stocks & ETFs: Trade over 1000 stocks and ETFs, commission-free. No account minimums, no paperwork, no brokerage required. Start trading stocks with just $1. Own slices of companies you believe in with fractional shares.

Crypto: Keep your crypto in the same place as your other investments. With Wealthsimple, you can buy and sell over 40 coins on Canada’s first-ever regulated crypto trading platform. Popular coins like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA), Solana (SOL) & SHIBA INU (SHIB) — trade them all in one easy-to-use app. Transfer coins to and from your Wealthsimple wallet in just a few taps. No complicated software or account minimums — just simple and secure crypto trading.

Everyday spending: Open a no-fee everyday spending account, and get 1% in stock, crypto, or cash rewards every time you spend. The Wealthsimple card comes with all the convenience of your bank card, without any of the hidden charges. No monthly fees, no account minimums, no FX fees, and absolutely no surprises.

No minimums, low fees: We’re making investing simple for everyone — that’s why we keep our fees low. Plus, you’ll never have to worry about keeping a minimum balance in your account. Start investing with whatever amount you’re comfortable with, and keep more money in your pocket.

Accounts for your financial goals: Open a personal investment account, or get the tax benefits of registered accounts like TFSAs and RRSPs.

Safe and Secure: We use state-of-the-art security to keep your money safe. Your stock trading and managed investing accounts have CIPF coverage up to specified limits. Your everyday spending account connects securely with your bank account and deposits are insured through CDIC, up to specified limits.Trading crypto? Rest easy — we’re Canada’s first-ever regulated crypto platform.

1. Stocks and ETFs are offered by Wealthsimple Investments Inc. (WSII). WSII is a member of the Investment Industry Regulatory Organization of Canada. Customer accounts held at WSII are protected by CIPF within specified limits in the event WSII becomes insolvent. A brochure describing the nature and limits of coverage is available upon request or at CIPF.

2. Crypto is offered by Wealthsimple Digital Assets Inc., a registered restricted dealer in each jurisdiction in Canada. Crypto-assets are not protected by the Canadian Investor Protection Fund, the Canadian Deposit Insurance Corporation or any other investor protection insurance scheme. Any coins showcased are for illustration purposes only and are not recommendations or investment advice.

3. Any securities and/or coins showcased are for illustration purposes only & are not recommendations or investment advice. Research before trading. Visit wsim.co/legal for more information on our products, investment decisions, fee schedules, user testimonials & promotions.

4. Wealthsimple charges a foreign exchange fee for USD trades equal to the daily corporate rate x 1.5%. See wsim.co/legal for fee schedule.

5. Indicated performance is historical for the period indicated. Rate of return does not take into account any fees or tax payable. Past performance may not be repeated.
Updated on
Jan 23, 2023

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info, Financial info and 3 others
This app may collect these data types
Personal info, Financial info and 7 others
Data is encrypted in transit
You can request that data be deleted
4.5
67.7K reviews
A Google user
November 30, 2019
This has the potential to be a great app. Design is really good, commission free trades are awesome There are things that can be improved: 1) app performance is extremely slow. 2) price data latency is pretty high. 3) stock discovery is hard to do. 4) no analyst ratings are available. 5) no stop loss sells are available as an option.
10 people found this review helpful
Did you find this helpful?
Joel Fountain
November 6, 2020
Very basic stock app with poor fill. I can't believe there's no way to even modify an order, you have to cancel the existing order and then place a new one. No way to sell covered calls or anything like that either. The main issue though is the fill. I've watched level one on another broker after putting my order, and it's never going in as even a bid. It doesn't get filled till it gets to ask or even below. Quite unfortunate
26 people found this review helpful
Did you find this helpful?
Matthew Niemand
September 3, 2021
best we have in Canada. not perfect but I see them trying to make it better all the time. not for day trading like activity the speed isn't there yet (speed is not always consistent for quick trading).but for buy and hold also learning it's top rate.would give 5stars but it's not 100% perfect yet. need to add watch lists so we can group stocks in categories for ourselves. also options would be nice but I understand how it's can take away form their user friendlyness feels. otherwise great app:)
35 people found this review helpful
Did you find this helpful?

What's new

We've rolled out some updates for an even better Wealthsimple experience.