Invest your way, commission-free

We’re able to offer commission-free trades because we’ve built a low-cost, digital-first brokerage powered by technology. And executing trades actually costs very little for brokerages, so we don't think it's fair to charge our clients big trading commissions.

For our list of fees, including foreign exchange fees for USD trades, see here.

Your Wealthsimple Self-directed Investing account is an account (offered by Wealthsimple Investments Inc.) that allows you to buy and sell stocks and ETFs with no trading commissions. Wealthsimple Investments Inc. offers a self-directed platform and doesn't offer any financial advice or recommendations.

Your Wealthsimple Managed account is an automated investing service offered by our affiliate, Wealthsimple Inc., that manages your investments for you — including your RRSP and TFSA — using a personalized portfolio of low-fee exchange-traded funds. Wealthsimple Inc. also provides financial advice. If that's what you're looking for, please click here.

Choose from thousands of stocks and ETFs across the TSX, NYSE, NASDAQ, NEO and CSE. There are also limited securities available on the BATS Exchange.

We’ve extended our trading hours to give you even more flexibility when it comes to your portfolio. Now you can buy and sell stocks and ETFs during the following time frames:

• Pre-market trading hours: 7:00 am - 9:30 am EST
• Regular market trading hours: 9:30 am - 4:00 pm EST
• Post-market trading hours: 4:00 pm - 8:00 pm EST

And even though we can’t predict the market, our extended hours give you the convenience to trade within it on your own schedule. Currently, only a limited selection of US listed stocks and ETFs are available for trading during extended hours. You can browse eligible securities by searching for and selecting the “extended hours trading” category from the 'Discover' tab search bar in the Wealthsimple app.

Have more questions? Check out this helpful article. For details about the risks and considerations — click here.

For $10/month, you can hold US currency in your RRSP, TFSA, or personal account. So in addition to no commission fees, you’ll be able to transfer US dollars from another Canadian institution into Wealthsimple, then trade US stocks (or hold it as cash) without the worry of conversion fees. You’ll only pay an FX fee when converting currency between CAD and USD (for example: if you deposit CAD into your USD account.) You can find out more about USD accounts here.

Clients using the Core account pay no commission fees when trading Canadian stocks. However, every time you trade US stocks, you will pay a 1.5% currency conversion fee when converting CAD to USD (and vice versa).

Premium and Generation clients will get access to USD accounts — meaning they can buy, sell, and hold stocks and ETFs in U.S. dollars without the conversion fee per trade. Premium clients will only pay a 1.5% conversion fee when converting between CAD and USD (for example: funding your account.) If you’re moving USD from another account, there is no fee.

Check out our pricing overview for more details.

Dividend reinvestment is only available for stocks and ETFs that support fractional trading.

Just note that when you turn on dividend reinvestments, it applies to your entire account. For example, you can turn it on for your TFSA account, but not for individual stocks and ETFs within that account.

Instant deposit is applied across your Managed investing, Self-directed investing, and Crypto accounts. The actual instant deposit limit is dependent on your deposit history, your net deposits, and a few other variable we use to calculate your limit. You can find your unique limit in the app.