What's new with Wealthsimple in August 2025
This month: a short-term parking lot for cash, real-time charts for your analysis, and advisors for your entertainment (and questions).
WHAT’S LAUNCHED LATELY 🚀
Real-time fractional trading is here
Now you can quickly and easily trade fractions of shares during market hours so you can make sure every possible penny is working for you.
Start tradingTwo powerful new ways to make money on your cash
Money Market Portfolio
This ultra-low-risk option earns you a 3.0%2 yield. Plus, you can deposit or withdraw your money anytime, and there are no management fees.
Dynamic Bond Portfolio
If you can take on more risk and have a longer investment horizon (one to three years), the Dynamic Bond Portfolio has a higher yield to maturity of 4.3%.3 Plus, it offers daily liquidity, flexible funding, no lock-ins, and no withdrawal penalties.
Open a portfolioASK AN ADVISOR 🙋
As licensed fiduciaries, our advisors have to put your financial interests first. Unlike with non-fiduciaries, that means you can be confident our advisors’ advice has nothing to do with their own bottom line. And they’re taking your questions! Here’s a little preview of what people are asking.
Does a person who doesn’t use two monitors and wear a fleece vest have any use for margin?
A 2% margin match? That’s refreshing.
Finish summer strong with a 2% match on eligible margin-account transfers. Plus, we’ll reimburse the interest on up to $10,000 of your margin debit balance for thirty days.4
Not into margin? No sweat. You can still get a 1% match on pretty much every other eligible transfer. T&Cs apply.4
Register nowOTHER GREAT FEATURES 🫶
Real time charting is here. Stream Level 1 quotes live — no delays, no fees. Now with real-time updates during all market sessions, including overnight hours.
View customizable performance metrics, track deposits and contributions, and see details like unrealized and time-weighted returns and dividends earned. Plus, you can filter results by time range, asset type, and toggle between currencies. Learn more.
Download a CSV file of your current holdings. It’s just the thing for traders who want to model strategies, build custom portfolio views, and analyze performance on their own terms. Download now.
Send wire transfers and get bank drafts absolutely free. Offer ends August 31. T&Cs apply.5 Send a wire now.
Mobile cheque deposits are now instant. Time to turn that stack of cheques into cash. Just snap some photos and your money will be available instantly.6 Deposit now.
93% year over year growth, and other amazing milestones. Read our Q2 2025 business update.
Stay alert to fake accounts: We will never ask you to share personal info, send us money, or recommend securities or investment advice over social media or messaging apps. Learn more about common scams.
Legal
Have questions? Visit our Help Centre or submit a request to our Client Support team.
1 Estimated amount as of August 19, 2024. Actual available amount may vary depending on market value of securities held at the time of approval. Rate comparison based on all margin interest rates available with similar asset requirements from Canadian financial institutions as listed under Schedule I under the Bank Act as of July 24. Wealthsimple’s margin interest rate is P-0.5% for Generation clients, P-0% for Premium clients, and P+0.5% for Core clients. Wealthsimple's margin account prime rate is 4.95% for CAD and 7.50% for USD as of July 30. Subject to change. Annualized rates, calculated daily, charged monthly. All investments involve risks. See wsim.co/marginaccount for details.
2 Rate is annualized rate, calculated daily, paid monthly. Subject to change.
3 Yield to Maturity (YTM) for the Dynamic Bond Portfolio is calculated based on a weighted average yield to maturity of all holdings in the portfolio at the time of the calculation. YTM excludes Wealthsimple's standard management fees for its advisory services, but includes the management expense ratio (MER) fees charged by the underlying ETF manager. The yield information is updated on a monthly basis, current as of July 31, 2025. YTM is subject to change due to fluctuations in market rates, ETF prices, reinvestment of matured securities into additional investment, portfolio composition, and fees charged by the underlying ETF holdings. Past performance is not indicative of future results.
4 Match Bonus: From August 6 to September 5, 2025, any new or existing Wealthsimple account user who registers for the promotion then initiates an institutional transfer of an existing account from a qualifying third party to a Wealthsimple Self-directed Investing, Managed Investing, Crypto, or Corporate account within 30 days of registration will receive a 1% cash bonus on the cumulative transferred amount (less withdrawal and/or transferred debit balance) of at least $25,000 during the promotion period, up to a maximum of $2,000,000 transferred amount. A 2% cash bonus will be applied if the eligible transfer is an eligible Margin account with a current debit balance of at least $10,000. Maximum one (1) cash bonus per client, to be applied in the span of twelve (12) months. Minimum fund holding period required. Full eligibility and T&Cs at wsim.co/summer-margin-match.
Margin Interest Rebate: From August 6 to September 5 2025, eligible new or existing Wealthsimple Self-directed Investing clients who open a new margin account, or who enable margin on an existing Self-directed Investing account, and start using their available margin debit balance will be eligible to receive a rebate of the interest charged for thirty (30) days on up to $10,000 balance. Maximum one (1) Rebate per client. Full eligibility and T&Cs at wsim.co/summer-margin-match.
5 Until August 31, 2025, new and existing Wealthsimple clients who send an outgoing wire or bank draft orders from eligible accounts will have their wire and bank draft order fees waived. Must be residents of Canada and age of majority. Full details here.
6 Some restrictions may apply. Full details here.
Managed accounts are offered by Wealthsimple Inc., a registered portfolio manager in each province and territory of Canada.
Self-directed investing is offered by Wealthsimple Investments Inc. (WSII). WSII is a member of the Canadian Investment Regulatory Organization (CIRO). Customer accounts held at WSII are protected by Canadian Investor Protection Fund (CIPF) within specified limits in the event WSII becomes insolvent. A brochure describing the nature and limits of coverage is available upon request or at CIPF.
Crypto is offered by Wealthsimple Investments Inc. (WSII), a member of the Canadian Investment Regulatory Organization (CIRO). Crypto assets purchased and held in an account with Wealthsimple Crypto are not protected by the Canadian Investor Protection Fund, the Canadian Deposit Insurance Corporation or any other investor protection insurance scheme. You can learn more about the risks of crypto assets in our Crypto Product Risk Disclosure. You can find more information about WSII in our Relationship Disclosure. Any coins showcased are for illustration purposes only and are not recommendations or investment advice.
Our chequing product is offered by Wealthsimple Investments Inc. (“WSII”), a member of the Canadian Investment Regulatory Organization (“CIRO”), and Wealthsimple Payments Inc., a FINTRAC registered money services business. The funds added to chequing account(s) (the “Funds”) are ultimately held securely in trust in the name of the primary account holder with a single or multiple members of the Canada Deposit Insurance Corporation (“CDIC”). CDIC protects eligible deposits held at CDIC member institutions in case of a member institution’s failure. Wealthsimple Payments Inc. and WSII are not CDIC member institutions. Under the trust framework, CDIC insures eligible cash balances up to $100,000 per beneficiary, per member institution, provided certain disclosure rules are met. Coverage is free and automatic. Learn more about how CDIC protection works. Funds must be spread across at least 10 CDIC member institutions in order for up to $1,000,000 in deposits to benefit from applicable CDIC coverage. The advertised interest rate for the chequing acccount is derived from interest earned by Wealthsimple on the funds. The rates are annualized rates, calculated daily, and paid monthly. Subject to change. For more information see here. The Funds are settled with any CDIC member(s) one business day following the date that Funds are reflected in the Account.
Our High-interest Savings Accounts (HISA) are offered by Wealthsimple Investments Inc. (WSII). WSII is a member of the Canadian Investment Regulatory Organization (CIRO). HISA held at WSII are not protected by the Canadian Investor Protection Fund (CIPF). All cash balances from your Wealthsimple HISA(s) are held in trust for you with members of the Canada Deposit Insurance Corporation (CDIC). WSII is not a CDIC member institution. CDIC protects eligible deposits held at CDIC member institutions in case of a member institution’s failure. CDIC is a federal Crown corporation. CDIC is not a bank or a private insurance company. Under the trust framework CDIC insures eligible cash balances up to $100,000 per beneficiary (Wealthsimple HISA customer) per member institution, provided certain disclosure rules are met. Coverage is free and automatic. Learn more about how CDIC protection works.
A friendly reminder: Wealthsimple and the Canada Revenue Agency will never ask for personal or financial information via email, including your SIN, account password, or banking details.
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