Wealthsimple Trade Review 2023

Updated December 13, 2022

Quick Info

  • Standard Equity Commission
  • Best Commission Price
  • Minimum to Open Account
    Not Required
  • Maintenance/Inactivity Fees
  • Commission-free ETF Trading
    Yes (All)
  • Young Investor Offer
  • Compare to Another Brokerage


Wealthsimple Trade is a self-directed platform, which allows DIY investors complete control over buying and selling the assets in their accounts. It’s different from Wealthsimple Invest, which has a portfolio manager to make the purchasing and selling decisions (so clients just “set it and forget it”).

The most popular Canadian stocks are available to trade on Wealthsimple Trade, but many of the less popular ones are unavailable. Wealthsimple Trade was the first Canadian online discount brokerage to start out as mobile-first. Accordingly, their clients tend to skew younger and be more tech-savvy and comfortable trading on the mobile platform. 

Wealthsimple Trade seems to be modeling themselves after some of the more popular online discount brokerages in the United States by offering zero-commission trading and adding new features constantly, to continually strengthen the user experience. They also have been known to run attention-grabbing promotions, such as giving away free stock.

Wealthsimple Trade Full Review

What Account Types does Wealthsimple Trade offer?


    Registered Accounts

    Non-Registered Accounts

Account Fees & Requirements for Wealthsimple Trade


    Registered Accounts

    Non-Registered Accounts

Trading Commissions & Fees provided by Wealthsimple Trade


Wealthsimple Trade Rankings & Reviews for 2023

  • Sorry, no data is available.

How can I contact Wealthsimple Trade customer support?


Wealthsimple Trade Downtime Report

Wealthsimple Trade down? Submit an incident report using our exclusive online brokerage outage tracker and view reported incidents from other users.

Click here to view current Wealthsimple Trade Downtime Report

What do people think of Wealthsimple Trade?

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