No, Wealthsimple does not have a minimum account size. This is just another way we are making investing accessible and affordable to everyone. That being said, we do encourage you to set up a Regular Investment plan by direct debit to automatically transfer money to your account weekly, fortnightly, or monthly. It's a great way to get in the habit of saving, and to make sure that when life gets busy, you don't end up neglecting your savings. Your future self will thank you!

We do, however, have a £5,000 per account starting minimum for the socially responsible investing (SRI) portfolio. Why do we have this? Because of the type of funds used in the portfolio, that's the smallest amount with which we can maintain our high standard for diversification. You can learn more about our SRI portfolios here.

More on Regular Investment plans and how to set one up