DON'T Use Wealthsimple Trade Until You Know This...

I am a fan of Wealthsimple Trade and if you do want to use them, you check out the link below! (some have let me know that the referral bonus may not be working. I’ve been trying to troubleshoot this with WS for a while and will keep you posted. Regardless, you can sign up below!)

The links above are affiliate links which Nathan Kennedy / New Money Nate Inc may earn an affiliate commission or referral bonus upon you signing up or visiting the site. This does not cost you anything at all and helps fund the channel to make more videos for you!

Contact me with the email below!

Wealthsimple Trade is one of the best platforms in Canada for investors. Wealthsimple trade provides commission free trading and is a fantastic option for most investors...most. But until you know these few things, do NOT open an account with Wealthsimple Trade just yet!

Please comment any questions on index funds, exchange traded funds, fire, Wealthsimple trade, financial independence, fire movement, personal finance, investing, index funds, ETFs or any financial freedom topics that you are unsure of! Let's get financially free together!

Check out the Neo Card and their High Interest Savings Account Too!

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[Suroy]

Would you recommend the Wealth Simple Invest side of the site? I believe its the best automated option for canadians even with the 0.5% fee. What are your thoughts?

[Nocturna.]

every reviews that i see online about wealthsimple say that it doesnt have this or that, but all I need is a few ETFs that the app does have. I dont care about info/news on certain stocks, or daytrading, or any other thing that I'm not familiar with. I just want a set it and forget it approach, and Wealthsimple gives me just that

[robertt]

If the big banks moved it to $1, it would make a difference competitively.

[ezaydens]

They've started offering DRIPs recently, so dividends can get reinvested into fractional shares.

[kathe-ie]

Appreciate the detailed breakdown! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?

[imaginosdesdinova]

What I'm interested in is WS CDIC insured?... of course they claim they are but they are not a bank so it is kinda yes and no answer. In case of big bust krypto or/and stock market question is if they are covered?

[KetutSpears]

Thank you so much for your hard work! 😊 Need some advice: 🙏 I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷‍♂️

[Storynctech]

Might want to update the video bro. How do you know they wont build a comprehensive desktop platform? You said never but their newsletter said they are building it soon.

[RiceDriedger]

What I want to know is when Wealthsimple goes belly up do I still own my stocks or are they gone?

[trenthogan]

I am only interested in Canadian stocks, is this a good option for me? I think people can make a fortune and keep their money here in Canada.

[jannatykhan]

One of the worst app I swear for US stocks!
I am plus subscriptions member. I invested $10400 in Cad and converted in USD and invested on stocks got profit around $90. When I am trying to get conversion rate it was showing me $10050 which is less then I invested.!!!


I am extremely frustrated with thier customer service. Do they really answer phone calls? do they take seriously us really!
Never ever take calls and don’t have any knowledgable agent to help us in the chat!

Literally fed up of using thier services and paying on top of that nothing!

Loosing money for ridicules amount of paying convert rate and guess what no one is there to explain what is going on!!

This is my last month.

Thier stupid agent is hanging up call on the face also!!!


Please do yourself favour and don’t use this app again!

[rayc]

Will WS remain solvent for the foreseeable future? That’s my main concern.

[MrAlejandra]

So what app you can recommend for a bigginer ? I just want to start investing

[cajungames]

Hey man my videos were suggested from your videos. S9 I'm here to say hello as channel neighbors!

[wollins]

Just starting to get into trading and am confused as hell sometimes! Whats the difference between Wealth Simple Invest and Wealth Simple Trade?

[kasharudner]

Hi, so they added Option trading since you published this video, what about Stop Loss feature? And hope for that? Thank you

[afrazqureshi]

So what is a more sophisticated trading platform in Canada with a 0$ commission fee?

[ryanreid]

You can do all the research and tools on other sites. There are 1000s of other sites to do research and most are better than your investing platform is anyway.

[masterdeiji]

Hi! Is your referral bonus working now!

[souviksen]

Is it advisable to buy US stocks for long term paying the fx conversion fee?