In this article:
Overview
You can pause trading on Wealthsimple Predict for 6 months, 1 year, or 5 years if you want to take a break from trading prediction markets. A pause doesn't affect your other Wealthsimple accounts.
Before you start
You'll need to close all your open positions and cancel any orders that haven't filled before you can pause trading. To sell a position, see Manage your positions in Understanding Wealthsimple Predict.
How to pause trading
To pause trading on Wealthsimple Predict, follow these steps:
- Log in to the Wealthsimple Predict app
- Go to the Wallet (person) tab and tap the gear (Settings) icon
- Tap Pause trading
- Review what you can't do and what you can still do, then tap Next
- Choose how long you want to pause trading for, then tap Next
- Check the start and end dates, then tap Start break
We'll email you to confirm your pause and the date it ends.
While trading is paused
Here's what changes and what stays the same while your trading pause is active:
- You can't buy or sell prediction market contracts
- You can still log in and browse prediction market events
- You can still withdraw money from your Predict account
- We'll stop sending you Predict emails and notifications
- You can't end your pause early
When your pause ends
Your pause ends automatically on the date and time in your confirmation email. After that, you can trade on Predict again.
Frequently asked questions
Can I end my pause early?
No. Your pause lasts for the full period you choose, and our support team can't end it early.
Does pausing trading affect my other Wealthsimple accounts?
No. A pause only applies to Predict.
Can I still see my account while trading is paused?
Yes. You can log in, browse prediction market events, and withdraw your funds. You just can't buy or sell contracts.
If I close my Predict account, does my pause end?
No. Your pause applies to your Wealthsimple profile, so it stays in place even if you close your Predict account or open a new one.
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