Wealthsimple is a money management platform that offers commission trading, high-interest savings, and investment advising.

Wealthsimple offers management fees of 0.5% or 0.4% based on whether you exceed the $100,000 benchmark as well as a 1.5% currency conversion fee.

With investing there is risk of possibly losing principal as there is no guarantee that investments made will provide positive returns over any time period. Despite this, the accounts are SIPC-insured for up to $500,000.