WHY I LIKE WEALTHSIMPLE:

• Beginner-Friendly Interface: Wealthsimple is perfect for new investors with its intuitive design and educational resources to help you grow your investment knowledge.

• Mobile Convenience: Investing on-the-go is easy with their smooth, user-friendly app.

• Reinvest Dividends & Fractional Shares: Automatically reinvest your dividends and start investing with smaller amounts through fractional shares.

• Zero Commission Trading: Enjoy no trading fees, making it cost-effective for frequent trading.

• High-Interest Chequing Account Option: Wealthsimple offers a chequing account that earns competitive interest.

  WHY I STILL USE OTHER BROKERAGE ACCOUNTS:

• Foreign Exchange Fees: The platform’s rates for US-listed companies aren’t the best, and you can’t use Norbert’s Gambit to reduce exchange fees more on that here: Click Here

• Limited GICs & Bonds Access: Wealthsimple doesn’t offer direct access to GICs or bonds, limiting some fixed-income options.

• Margin Accounts: While margin accounts are in beta at the time of this video, they could be promising for more advanced strategies once fully available.

• Want to learn more? Check out my comparison video on all the major investment accounts here:

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Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, investment, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor, registered investment advisor, legal advisor, or tax advisor. Trading securities, options, futures, and/or cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. He may receive a financial incentive for using the affiliate links. This information is accurate to the best of my knowledge at the time of this video. Please note that investment platforms and features may change over time.