Can Wealthsimple offer me advice on which type of account I should open on Trade?

Wealthsimple and Wealthsimple employees will not be able to offer Wealthsimple Trade clients advice on which type(s) of accounts to open on the platform. Wealthsimple Trade is an entirely self-directed platform, so clients are responsible for selecting the account that’s right for them!

We have some great resources on our help centre if you’re looking to learn more about TFSAs or the tax considerations of personal accounts! If you have still have general questions on the differences between the two account types, feel free to reach out to our support team at trade@wealthsimple.com.

If you're looking for a platform that will set you up for long-term success using a passive investing strategy and diversified portfolios, Wealthsimple Invest may be for you!