Wealthsimple Trade
Always FreeYou might be paying for: Paid brokerage commissions ($5–$10 per trade)
Buy and sell Canadian stocks and ETFs — for no monthly fee.
What you get
- ✓Commission-free Canadian stock and ETF trading
- ✓Fractional shares
- ✓TFSA/RRSP accounts
- ✓Mobile and web app
What's different from the paid version
Free for Canadian-dollar trades. US stock trades get hit with a 1.5% foreign exchange fee each way unless you upgrade to the paid Plus tier ($10/month). If you mainly buy Canadian ETFs, it's genuinely free. If you trade US stocks frequently, the FX fees add up fast.
Perfect for
Canadians investing in Canadian stocks and ETFs who want to avoid per-trade commissions.