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Wealthsimple


Wealthsimple is a stock trading app available in Canada. You can buy stocks, ETFs, and crypto using the platform. They recently allowed to buy options as well. If you sign up using this link, you will receive between $5 and $3000 cash to invest


Wealthsimple ib ny opinion is pretty simple to use. Simply add your bank account and you can start trading stocks. While I do like crypto, I also like having stock because it is less volatile. It's nice to have investments in a profit generating.


The two ETFs I am focused on at the moment is VFV, which is an S&P 500 index fund. It is possible to own a fraction of one share for the top 500 peforming companies on the S&P. While I believe crypto has a lot of potential, and I do believe in holding onto it for the long-term, having an asset backed by something tangible is a great way to diversify my portfolio.


Wealthsimple has recently added options trading on their platform. It is now possible to buy and sell put and call options. I have not done this myself, as I am still new to options trading. Wealthsimple does not take a commission whenever you buy and sell atocks.


Overall, it's a well-designed app and you can make it big in stocks. Try Wealthsimple, and get up to $3000 cash.