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I (finally) opened my first Wealth Simple trading account and I was surprised at how intuitive their app is.
However Wealth Simple made some huge mistakes in my opinion that gives me a scammy big bank feeling.
I had some issues signing up with the account, apparently I already had one. Then I couldn't continue my signup process in their app, it had to be chrome or another internet browser.
I had to fill out the same 15 minutes of questions twice, once to open my account and a second time to open my TFSA.
But the biggest issue I had with them was management fees! Listen to the podcast to learn what I didn't like about this VERY important aspect of investing.
Please subscribe to the podcast
Subscribe to my personal finance youtube channel.
And read my financial independence blog for unique strategies to live a wealthy life.
By Mark TaylorI (finally) opened my first Wealth Simple trading account and I was surprised at how intuitive their app is.
However Wealth Simple made some huge mistakes in my opinion that gives me a scammy big bank feeling.
I had some issues signing up with the account, apparently I already had one. Then I couldn't continue my signup process in their app, it had to be chrome or another internet browser.
I had to fill out the same 15 minutes of questions twice, once to open my account and a second time to open my TFSA.
But the biggest issue I had with them was management fees! Listen to the podcast to learn what I didn't like about this VERY important aspect of investing.
Please subscribe to the podcast
Subscribe to my personal finance youtube channel.
And read my financial independence blog for unique strategies to live a wealthy life.

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