How does Wealthsimple Trade NOT make money?

We don't make money by selling your information or data to any third parties. We also don't make money by selling order flow — a practice whereby some companies sell their customers’ orders to high-frequency trading firms. We have no plans to receive payment for the orders that are submitted on Wealthsimple Trade. Orders are always executed at the best available price and we do not receive any payment or incentives to route our orders in a particular way. 

We also do not charge a commission on trades. Currently, our currency conversion fee of 1.5% applied to all USD orders is the only trading fee we charge. For more information, you can visit our fee schedule here.