Early in 2022, we’re launching a new subscription for Wealthsimple Trade: Plus.
You can join the waitlist to get notified as soon as the new subscription is available.
Sign up for the waitlist
You can sign up for the waitlist from the Trade app on your mobile device. Keep an eye out for either of the two sign up options below –
Frequently asked questions
Who is Plus for?
Plus is for anyone interested in buying and selling Canadian and US stocks. The monthly cost is about the same as executing one trade at most big Canadian brokerages, so it’s perfect for anyone who executes one or more US trades per month.
How will I get notified when Plus is available?
If you sign up for the waitlist, we’ll email you as soon as Plus is available in your account.
I subscribe to Trade Premium. What will happen to my subscription?
Do I have to subscribe to Plus if I want to use Wealthsimple Trade?
You can still take advantage of our Basic offering for $0/month if you don’t want to subscribe to Plus. Our Basic offering includes no commissions on CAD trades, no account minimums, access to fractional shares, instant deposits up to $1500, and a full suite of TFSAs, RRSPs and taxable accounts.
Are there conversion fees when moving Canadian Dollars into a US Dollar account?
With Plus, you’ll pay a 1.5% conversion fee when you move Canadian Dollars into your US Dollar account. (For comparison, most banks charge a 2–2.5% conversion fee)
This is different from our Basic offering, where you pay a 1.5% foreign exchange fee every time you buy or sell a US security.