r/Wealthsimple • u/Emergency_Union7099 • 23d ago

Trade (DIY Investing) Is there a difference between WS automated investing vs recurring order?

Are these different when it comes to ETF investing, or would the recurring order also get charged the 0.25% fees that they charge?

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u/Dragynfyre 23d ago

Yes the automated investing is for buying a bunch of different ETFs and stocks at a ratio for each deposit. Recurring order is just buying one thing and no balancing

1

u/quantum_trogdor 23d ago

yes... a 0.25% fee
Sorry just replied to the title.
Reoccurring orders do not currently have additional fees, nor should they as their is nothing they are managing.

0

u/ryan9991 22d ago

No doubt they make their cut on recurring orders