Wealthsimple Review 2021

wealthsimple

Review

The $0 account minimum for the Wealthsimple Basic offering is a great reason to get started. The service includes free automated deposits. Wealthsimple charges no fees on transfers.

  • Simple UI: Practically everything about Wealthsimple's service is clear and straightforward. User friendly customer experience, smooth fast website is what the customer needs. Portfolio holdings, performance and account management are clear and transparent.

Pros

  • Free portfolio analysis.
  • Socially responsible investment options.

  • No account minimum.

 

Cons

  • Higher account management fees.

  • Limited personal finance tools.

 

Lack of financial trading tools: 

Those seeking a more advanced financial trading experience and tools, may find Wealthsimple’s streamlined website and app light compared to other (higher fee) providers. 

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