Wealthsimple

Wealthsimple is Canada's most popular brokerage platform, especially among younger investors. The app is modern, intuitive, and lets you buy Canadian stocks and ETFs with zero commissions.

The platform stands out for its simplicity and features designed for passive investing, like automatic investing and fractional shares.

• Trades: $0 on Canadian stocks and ETFs
• FX fees: 1.5% on USD purchases (0% with Premium)
• Accounts: TFSA, RRSP, FHSA, RESP, RRIF, LIRA, non-registered
• Fractional shares: yes, starting at $1
• Savings: 3.5% account with CDIC insurance
• Premium: free with $100K+ in assets

Ideal for beginners looking for a simple, all-in-one experience. Advanced investors may prefer Questrade or Interactive Brokers for more comprehensive research tools.