Overview

Wealthsimple offers a range of accounts to help you grow your wealth. If you’re not sure which account is right for you, consider reaching out to our support team. They can connect you with our team of fiduciary advisors for help. 

Wealthsimple has registered and non-registered account options:

• Registered accounts are registered with the Canada Revenue Agency (CRA) using your Social Insurance Number (SIN) and often have tax benefits, although they also come with certain restrictions, like contribution limits.
• Non-registered accounts aren't registered with the government and have no contribution limits, penalties, or limits on how many you can open. However, you are taxed on every dollar you earn, including capital gains, interest, and dividends.  

You can open most of these accounts as self-directed or managed accounts:

• Self-directed accounts are accounts for trading stocks and crypto. You can choose the assets you’d like to invest in.
• Managed accounts use a pre-determined investing strategy based on your risk level and timeframe, automatically investing your funds in a portfolio that matches your investment goals.

Accounts offered by Wealthsimple

We offer the following account types at Wealthsimple: