Wealthsimple fees explained: what you actually pay
Stock and ETF trades are $0 commission. The fees that add up are FX on US trades (1.5%), managed investing, and some account or card fees.
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Your tier sets your fees
| Tier | Assets | Managed fee |
|---|---|---|
| Core | Under $100,000 | 0.5% |
| Premium | $100,000 or more | 0.4% |
| Generation | $500,000 or more | 0.2% to 0.4% |
Source: official pricing page.
Self directed trading
$0 commission on stocks and ETFs. US stocks in a CAD account cost 1.5% FX each way. A USD account costs $10 a month on Core after a trial, included for Premium and up. Options have contract fees; see the pricing page.
Managed investing
Example: $20,000 at 0.5% is $100 a year in management fees. Fund costs are extra.
Crypto and everyday money
- Crypto: 0.5% plus spread.
- Chequing: no monthly fee. Outgoing domestic wire $15. Instant withdrawal to Visa Debit 2.5%.
- Credit card: $20 a month unless you meet a waiver. See the credit card referral.
Moving in
Transfer out fees are reimbursed on transfers of $25,000 or more, up to $150 per account. See the 1% match.
The fees people forget
- FX on US trades
- The USD account fee on Core
- The card fee without a waiver
- Instant withdrawal fees
Frequently asked questions
Does Wealthsimple charge commission?
At the time of last verification, stocks and ETFs had $0 commission.
What is the FX fee?
1.5% each way when trading US stocks in a CAD account.
How much is managed investing?
Core 0.5%, Premium 0.4%, Generation 0.2% to 0.4%, plus fund costs.
Does the credit card have a fee?
$20 a month unless you have $100,000 or more in assets or $4,000 or more in monthly direct deposits.
Will Wealthsimple pay my transfer fee?
On transfers of $25,000 or more, up to $150 per account, per the offer page.
Sources
Ready to sign up?
Fund a new account with $100+ from outside Wealthsimple within 30 days and you both get $25, at the time of last verification.
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Last verified October 5, 2026. Official terms always take priority.