In this article:
Overview
With a Wealthsimple Trade account, you can buy and sell thousands of stocks, options, and exchange-traded funds (ETFs) on major Canadian and U.S. exchanges.
Key features of a trading account include:
- Fully autonomous trading. Select the stocks you want to buy and sell.
- Trade when you want. Place an extended-hours trading order outside of market hours.
- Automate your investments. Set up recurring investments to stay consistent.
Fees
Trading accounts have no fees or trading commissions for buying and selling stocks. Currency conversion fees apply to USD investments. Learn more about fees for trading accounts.
How to open a trading account
Follow these steps to get started with a trading account:
- Log in to the Wealthsimple app
- From the Home tab, scroll down and tap Open or move account
- Tap Open a new account
- Tap the Invest tab
- Scroll down and tap Stocks, options, and ETFs
- Choose an eligible account from the account options menu
- Follow the prompts to open a trading account
- Log in to your Wealthsimple account
- Select + Add an account from the Home page
- Select the Investing tab
- Choose an eligible account from the account options menu
- Follow the prompts to open your trading account
Eligible account types
You can open a trading account with the account types below:
- TFSA
- FHSA
- RRSP
- Spousal RRSP
- RRIF
- LIRA
- LIF
- RESP
- Non-registered
- Business
Frequently asked questions
Please check out our frequently asked questions to learn more about trading accounts.
Comments
0 comments
Article is closed for comments.