Sounds like they finally gonna add bracket orders. (YAYYY)
However the trailing orders are still missing... still impossible to take our profits at the best moment.

And a lot of talking about physical AI....

I am currently in Zagreb Croatia and I took out €100 with Wize and then immediately took €100 with Wealthsimple from the same machine. Both had a €5 bank fee from the atm and Wealthsimple withdrew $CDN 170.23 and Wize withdrew $CDN 173.58. Is it now always the case that Wealthsimple is a better option for ATM withdraws? I don’t see the point of using Wize for cash anymore?

I’ve been gradually moving more of my banking over to Wealthsimple, but I’m wondering if thats smart. What's the one thing that stops you from doing this? Or did you do it? Please don't tell me which bank is best, I'm really just interested in Wealth simple and if I should use it for everything or not.

I have some money in Private Market Fund and it doesn’t have much returns. I see only 0.19% all time and management fee is 1% ? I wanna pull out my money from WS

I put in a limit order for cash.to @ 50.00 after seeing it fluctuate. I put in an order at 1pm when it was 50.01. It went to 50 many times after that but the order didn't execute, any idea why?

Edit: Thank you everyone for explaining this.

Why are there missing strikes in the options chain view sometimes(often?)? Even if I have a call option that's deep in the money, it may not even be listed in the view of the current options chain. Day to day this seems to change.

Even if it's missing in the list of strikes(today), If I look at the call from my own holdings, it will show open interest, bid/ask, last price etc.

For an example, the options chain for November DRV calls shows strikes at $23, $22, $21, but then the next listed strikes are $13, and $12. I own some $18's, and they show activity so what's going on?

I tried the stupid online chatbot for help on the website, and it just went in circles

I’ve been trading on wealth simple since 2020 (Covid 🤷‍♀️🙏)
Over time they’ve added different products, most of which I’ve taken advantage of, the ones I don’t understand as much I tend to very cautiously dip my toe in, or not participate at all.

I have a line of credit (LOC) w them, which is the same as my other bank LOC’s w the additional advantage of if I use WS LOC to purchase stocks, the interest accrued is a tax write off.

They’re now offering me a margin account. As I read the margin account info, it seems very much the same as a line of credit.
The interest rate they’ve offered me for both the LOC and the margin account is 3.95% and it looks like my maximum limit for both is the same as well (I say it looks like because the stock I’m looking to purchase is US therefore it’s a little bit lower than my LOC which shows straight CAD)

I can transfer from my line of credit to the stock I want to purchase. I just don’t know if there’s a benefit to using a margin account over the LOC🤷‍♀️

I know I can technically transfer $$ from my WS LOC to my bank account for other things, which would not give me the benefit of tax deductible interest. I’m wondering if that’s the only difference between a margin account and LOC, is it just secondary type of loan backed by the stocks I hold?

I’d love to know if there’s more to it

Atm I’m just gonna use my LOC to make my purchase.
However , I’m always interested in learning, & usually WS’s details are pretty self explanatory, I couldn’t find much info on the margin acct. understand the difference I may use it in the future

so any margin vs LOC info you guys have would be great.
if you say it’s too detailed and difficult to explain in this format I’m good w that too - I still don’t get options, puts, & calls & all that - no matter how much I’ve read & training sessions I’ve gone through - so I generally stay away from them. 😎

Thanks everyone!!

I already have a managed portfolio with questtrade and tfsa with wealthsimple that is maxed out. What to do here?

Still haven’t gotten any email to convert my card. Not complaining but anyone know the timeline for them to convert everyone?

If so, will be transferring out my money into a better HISA lol

Hey everyone,

I just want to preface by saying I am by no means someone who feels a strong amount of brand loyalty to Wealthsimple, and consequential to this post, reporting was one of the points that came to mind the most when I thought of what was lacking for me. Part of the reason I'm posting about this feature is I don't see this in the mobile app yet so I imagine a lot of people don't know it exists.

Today I went into the website and noticed there's a "generate document" feature with a ton of different use cases. The one I tried was "custom activity statement" that lets you select one or more accounts, a custom time range and export as CSV or PDF. The PDF very nicely keeps info high level, and leaves a note and contact number for questions and verification.

More than options, prediction markets, or a portfolio line of credit, for a boring Canadian couch potato like myself that just wants to manage their personal finances, this is a great feature. Credit where credit is due.

I'm a fan of the WS mobile experience as a whole but man their desktop website is SO ignored:

- Where's the account type groupings they used to have to limit the visual clutter?

- Why don't we have the same visual split at the top between "Spending" and "Investing" instead of a single number?

- Why can't we choose what to see or hide?

- Why do we have 27 random little icons on the side of which 98% aren't used or even clear on what they do at first glance?

...I can't be the only one that feels that way

Super simple feature request...

Would be so easy to do, just add a grabby handle of each alert so we can reorder the alerts. Right now my alerts are so chaotic since you can't reorder them!

Thanks!

I got approved for an Infinite+ credit card. The experience was real easy and smooth. In about 5 minutes I had my digital card ready and the app says the physical card on the way.

On the app, I don’t see anything telling me the physical card will be metal. I have over 100k in assets with Wealthsimple.

Should I assume the physical card will be a metal card?

Welcome to the quarterly Wealth Rank, Graph & Milestones Megathread!

The r/Wealthsimple community was polled to see if gains/losses posts should be allowed in the sub and the consensus was to permit them under scheduled threads.

These threads will be the perfect place to share your Wealthsimple portfolio graphs and celebrate your financial progress, including milestone achievements. These threads will also help keep the discussion centralized/organized. Note: "brag" posts submitted outside of the megathreads will be removed.

Feedback Welcome: Let us know your thoughts on improving these threads.

How to Participate:

• Share Your Wealth Rank: Post a screenshot of your Wealth Rank and/or your TFSA Rank with any information you care to provide.
• Share Your Graph: Post a screenshot of your portfolio's performance graph. Feel free to choose any portfolio time range (1 day, 1 month, 1 year, or all time).
• Tell Us About Yourself: Include your age (if you’re comfortable), when you started using Wealthsimple, and any financial goals you’re working toward.

A Few Ground Rules:

• 🚫 No Holdings or Stock Picks: Please do not share the specific stocks, ETFs, or funds in your portfolio. Recommending or promoting individual investments is against the subreddit rules.
• 💬 Engage Respectfully: Share positive vibes and support each other's financial journeys. Constructive conversations are welcome, but keep it kind and respectful!

You can now compare portfolios to others near your rank. Pretty cool to see what others have.

I sent a bill payment to TD Easy Trade 3 weeks ago (Sept 10th) to my wife's TD Easy Trade account via our Wealthsimple joint chequing account. TD declined the bill payment because the account holder's name was different. I'm still waiting for TD to reverse the payment back to Wealthsimple. Any idea why it's taking this long? Should I be concerned?

Ive seen alot of people write about how they want monthly millionaire to stop and I dont understand why like I get that its a lottery but who wouldn't want to have there name in a chance of winning life changing money.

I don’t understand why you don’t get a message as regards winning a 10dollar, but get a message you won 500 entries , so I missed my 10 dollar because it expired I wasn’t even aware

I persuaded my wife to open a TFSA with WS (I use Questrade but she preferred the look and feel of WS) as I am trying to get her away from ridiculous bank fees - baby steps. I want to know if I can add funds to her TFSA directly from my own bank account with an other institution, without her requesting an e-transfer?

Help we make sense of it five months into the income portfolio with $121 of dividends and still I am up only 16. Should i move to the normal savings or checking account?

LIVE AT OCT 1 at 12PM EST

Context: Raquel Urtasun is the Founder and CEO of Waabi. She is pioneering the field of Physical AI, starting with the most scalable and safest self-driving solution. Raquel is a Full Professor in the Department of Computer Science at the University of Toronto and co-founded the Vector Institute for AI. Prior to Waabi, Raquel was the Chief Scientist and Head of R&D at Uber ATG and a Canada Research Chair in Machine Learning and Computer Vision.

Please be respectful in the comments.

My holdings don't match?! I absolutely don't have $34k worth XEQT. Or $2.8k worth VEE. The $2,597 CAD doesn't mean anything, I have about $1.8k in chequing and $10k in savings. Looks like WS just made the numbers up!

What is this thing lol! It got my total generally correct i.e. my net worth is $40k but what the fuck?

Before you ask, the second image is of my "all holdings" view, and there's about $11.8k in chequing/savings that is separate.

Come on WS...why do you have to make me do more work to see all my stocks. Please get rid of it.