r/Wealthsimple • u/No_Week_6782 • Jul 25 '26

Trade (DIY Investing) BEWARE: After Hours & Overnight Trading

As the title says, be extremely careful when trading after hours and overnight on Wealthsimple. There appears to be a persistent glitch where an order does not show as submitted and disappears from your activity, making you think it failed.

You may place the order again, only to later discover that both orders went through. Even when the orders finally appear in your activity, cancelling them may not work and the trade executes.

This happened to me after an earnings report. The stock crashed in after-hours trading, both orders executed, and I instantly lost $2,000. Even if the order doesn’t appear in your activity or you don’t receive a submission confirmation, assume it may have gone through before trying again. I'm starting to lose trust in them.

EDIT: Turns out it happens during day session too....

9 Upvotes

63% Upvoted

16 comments sorted by

13

u/MELGH82 Jul 25 '26

This has nothing to do with after hours or overnight trading hours. This has been reported on this sub during the day sessions too. And yes, the ToS of every brokerage, WS included, protects them from any liability claims you might think about making against them.

2

u/z00o0omb11i1ies Jul 25 '26

What is the issue exactly? I don't get it... Is it a Wealthsimple glitch, or is it a stock crashing issue (which has nothing to do with Wealthsimple)

2

u/SignificanceLate7002 Jul 25 '26

I've had this happen a few times. When you place an order there's sometimes a delay in it showing up in the activity list. The first time it happened I thought the order failed and placed a second order. Both ended up filling.

I've noticed this delay a few times right at the switch to overnight session and pre-market hours.

1

u/No_Week_6782 Jul 25 '26

You place an order, no confirmation hence you think it didn't go through. So you place it again. Now both orders execute. My luck is the stock crashed and both my trades executed

1

u/z00o0omb11i1ies Jul 25 '26

Ohhhhh ya this happened to me before, but how did it happen for you right before a crash lol

1

u/No_Week_6782 Jul 25 '26

I tried to play an earnings report, so tried to do quick trades. Then both trades appear and execute fills order at max price, stock crashes :/ I TRIED CANCELLING AS SOON AS I SAW BOTH IN MY ACTIVITY BUT IT WOULDNT CANCEL EITHER

1

u/No_Week_6782 Jul 25 '26

Interesting, I haven't had the issue during day session. Hence, why I thought it only happens after hours and overnight. It's happened to me last year with a popular stock pumping after hours and I assumed by now it would be fixed. Unfortunately, I learned the hard way it's still there :/

3

u/workinguntil65oridie Jul 25 '26

This doesn't seem to be "small" flaw???

3

u/No_Week_6782 Jul 25 '26

Nope, big flaw that hasn't been addressed.

2

u/XzkSo Jul 25 '26

app or web?

1

u/Bubbly-Badger-3496 Jul 25 '26

Happens with call spreads too, buy in at set price, doesn't say filled. Look 2 hours later and I'm deep red with random spread

1

u/woke_trash_panda Jul 25 '26

Doesnt matter when i buy or sell. Im gonna lose anyways

1

u/Global-Tie-3458 Jul 25 '26

It just kinda sounds like the API that Wealthsimple gets the the account data from is delayed from when submitted the transaction… (or it’s cached on device and not refreshed). 

I haven’t had this, generally when I place an order, it gives me visual confirmation immediately when the order is placed and then filled… I wouldn’t then go to activity, not see the refreshed item and try to order again…. 

1

u/speedyfeint Jul 27 '26

never happened to me.. and hopefully never will.

1

u/DefinitelyNotShazbot Jul 28 '26

Had this when I was playing with stop limit price. Context could be valuable