Wealthsimple review

2 licensed entities · wealthsimple.com

✓ Checked Oct 14, 2026

Coinish Score

67/100

Crypto in Canada

Editor Rating

3.6/5

Stocks in Canada

Best rank

4 of 6

Crypto in Canada

US stock fee

In short

Licensed by CSA and CIRO.
2 licensed companies, so the one you sign up with depends on where you live.
Offers stocks & ETFs, crypto.
Support by live chat.

Cryptoassets are highly volatile and largely unregulated in some countries. You could lose all the money you invest, and you may not be protected by a compensation scheme.

What it costs

US stock commission	$0 per order
Crypto trading fee	0.5%, app fee per trade (no order book)
Currency conversion fee	1.5%
Inactivity fee	Not verified yet
Withdrawal fee	Not verified yet
Minimum deposit	Not verified yet

3.6/5

How we rated it · Stocks in Canada (Wealthsimple Investments Inc.)

Computed from verified facts only, with published thresholds. 85% of the rating weight is backed by data. Method →

Regulation & safety 25%
4.0
Trading costs 25%
3.0
Markets & products 15%
5.0
Platforms & tools 10%
not scored
Deposits & withdrawals 10%
4.0
Account options 5%
not scored
Support 10%
3.0

Moderate

Market Signal

✓ Real data

Computed from Ahrefs + Semrush data about Wealthsimple’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →

Market strength

Where it stands today

Momentum

35 Cooling ↓

Where it’s heading

Data confidence

Medium

How much to trust it

Traffic strength
76
Search visibility
77
Authority
74
Brand & market presence
60

Tick mark = category average.

Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.

Who holds your account

The company you sign up with depends on where you live. Its regulator decides your protections.

Entity	Regulator	Licence	Serves	CFD loss %
Wealthsimple Investments Inc. www.wealthsimple.com/en-ca	CSA Tier 1	CSA-authorised crypto platform (effective Jan 1, 2024)	Canada listed in the regulator's register	–
Wealthsimple Investments Inc. www.wealthsimple.com/en-ca/trade	CIRO Tier 1	Not verified yet	Canada named on the regional site	–

Entity

Regulator

Licence

Serves

CFD loss %

Wealthsimple Investments Inc.

www.wealthsimple.com/en-ca

CSA

Tier 1

CSA-authorised crypto platform (effective Jan 1, 2024)

Canada

listed in the regulator's register

–

Wealthsimple Investments Inc.

www.wealthsimple.com/en-ca/trade

CIRO

Tier 1

Not verified yet

Canada

named on the regional site

–

Platforms, funding and support

Products	Stocks & ETFs, Crypto
Owner	Not verified yet
Instruments	Not verified yet
Fractional shares	Yes
Platforms	Not verified yet
Deposit methods	Interac e-Transfer, Pre-authorized debit
Withdrawal time (stated)	1–3 business days (instant withdrawals for a fee)
Demo account	Not verified yet
Support	live chat · 24/7

Wealthsimple ratings by country (2)

We rate Wealthsimple separately on each of the 2 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.

Country	Product	Entity	Access	Rating
Canada	Stocks	Wealthsimple Investments Inc.	Locally licensed	3.6/5
Canada	Crypto	Wealthsimple Investments Inc.	Locally licensed	3.4/5

Country

Product

Entity

Access

Rating

Canada

Stocks

Wealthsimple Investments Inc.

Locally licensed

3.6/5

Canada

Crypto

Wealthsimple Investments Inc.

Locally licensed

3.4/5

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Sources (16)

Licence / entity · regulator register · archived copy of securities-administrators.ca · Sep 17, 2025
“Wealthsimple Investments Inc. [Effective January 1, 2024] Crypto Asset Trading Platform”
Costs · broker's own site · wealthsimple.com · Oct 6, 2026
“For all crypto trades, you'll pay a flat 0.5% fee plus a spread”
Funding · broker's own site · wealthsimple.com · Oct 6, 2026
“Deposit cheques in a snap, e-Transfer up to $25,000 per day”
Funding · broker's own site · wealthsimple.com · Oct 6, 2026
“Direct deposit Included”
Support · broker's own site · wealthsimple.com · Oct 6, 2026
“24/7 chat support”
Funding · broker's own site · wealthsimple.com · Oct 7, 2026
“Interac e-Transfers”
Funding · broker's own site · wealthsimple.com · Oct 7, 2026
“Pre-Authorized Debits”
Licence / entity · broker's own site · wealthsimple.com · Oct 6, 2026
“Wealthsimple Investments Inc.”
Licence / entity · broker's own site · help.wealthsimple.com · Oct 12, 2026
“For Wealthsimple investing clients, Wealthsimple Investments Inc. is a member of the Canadian Investment Regulatory Organization (CIRO)”
Licence / entity · broker's own site · wealthsimple.com · Oct 13, 2026
“Trade stocks and ETFs commission-free”
Costs · broker's own site · wealthsimple.com · Oct 13, 2026
“Trade stocks and ETFs commission-free”
Funding · broker's own site · wealthsimple.com · Oct 6, 2026
“Otherwise, withdrawals may take 1–3 business days.”
Fractional shares · broker's own site · wealthsimple.com · Oct 6, 2026
“Fractional shares Stocks and ETFs available in fractional amounts.”
Costs · broker's own site · wealthsimple.com · Oct 6, 2026
“convert CAD to USD for a 1.5% currency conversion fee”
Markets · broker's own site · wealthsimple.com · Oct 13, 2026
“Buy, sell, and swap over 170 coins.”
apps · broker's own site · apps.apple.com · Oct 14, 2026
“Wealthsimple Financial Inc.”