Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
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Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Wealthsimple Crypto Review: Cryptocurrency Investing Made Easy
– canadianfinanceblog.com
In July 2020, Wealthsimple unveiled the upcoming Wealthsimple Crypto, and with that, Canada’s leading Robo-advisor officially entered the cryptocurrency trading game. In this full review, I’ll cover everything you need to know, and hopefully answer any questions you have.
Introducing Wealthsimple Crypto
Wealthsimple Crypto allows Canadians to invest in Bitcoin and Ethereum without paying any commissions. The platform is included as a separate section on the Wealthsimple Trade mobile stock trading app. Trade is available for download on both iOS and Android devices.
While there are no commission fees to buy or sell Crypto, Wealthsimple will make money on the spread between the market price and the transaction price. This is similar to how banks make money on foreign exchange transactions.
Crypto is available as a non-registered account only, with the following features:
Account Features:
Introducing Wealthsimple Crypto
Wealthsimple Crypto allows Canadians to invest in Bitcoin and Ethereum without paying any commissions. The platform is included as a separate section on the Wealthsimple Trade mobile stock trading app. Trade is available for download on both iOS and Android devices.
While there are no commission fees to buy or sell Crypto, Wealthsimple will make money on the spread between the market price and the transaction price. This is similar to how banks make money on foreign exchange transactions.
Crypto is available as a non-registered account only, with the following features:
Account Features:
Open an account in minutes
No account minimums
No commissions, simple pricing model
No fees for depositing or withdrawing to and from your Crypto account
Trades executed instantly
Real-time quotes
Opening a Wealthsimple Crypto Account
To open an account with Wealthsimple Crypto, you first need to create a Wealthsimple login by providing your email address and a password…


