Ranked in 1 of 16 countries · Broker / app
Wealthsimple Review (October 2026): Fees, Licences and Where It Works
By Vahe Hakobyan No affiliate links
- Taker fee— Not verified
- Maker fee— Not verified
- Coins— Not verified
- CustodyCustodial; crypto held in trust by Wealthsimple and its custodial partners
- Founded— Not verified
- HeadquartersToronto, ON, Canada
Our verdict
Wealthsimple is a Canadian investing app that offers stocks, managed portfolios, chequing and crypto in one account. Its crypto arm, Wealthsimple Investments Inc., is a CSA-registered trading platform. Regular clients pay a 0.5% fee plus a spread, while Active Trader clients pay no spread and lower fees as volume grows.
Pros
- Crypto, stocks and registered accounts in one app
- No spread for Active Trader clients
- Registered with CSA members and a CIRO member
Cons
- Spread for regular clients is not published
- $1 surcharge on orders under $100
Where Wealthsimple works
| Country | Status | Rank | Local licence |
|---|---|---|---|
| Canada | Available | #4 of 14 | Crypto asset trading platform registered with CSA members; CIRO member (Wealthsimple Investments Inc.) |
How secure is Wealthsimple?
- Proof of reserves
- — Not verified
- Custody
- Custodial; crypto held in trust by Wealthsimple and its custodial partners
Crypto held on a platform is generally not covered by deposit insurance.
Wealthsimple FAQ
Where is Wealthsimple available?
Among the countries we cover it accepts residents of Canada.
Is Wealthsimple regulated?
Canada: Crypto asset trading platform registered with CSA members; CIRO member (Wealthsimple Investments Inc.).
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.