Wealthsimple Trade is a new and innovative private equity and wealth management company. We are providing investment guidance and educational products to help people build their personal wealth. Since inception, we have grown from a small company of six people to a company of over 500 strong with an average of seven clients a month. Wealthsimple trades are managed by an experienced team of professionals dedicated to building the highest level of wealth for our Wealthsimple Trade users. Wealthsimple Trade is now formally launched in March 2020 and from then we will be expanding our private equity offering globally.
We have always provided individuals with free advice on investing, however, as we expand, we have decided to offer Wealthsimple Trade as a complimentary service. At first, our approach was to provide Wealthsimple Trade recommendations based on your account balance and risk tolerance. As our business grew, we have expanded into helping our customers manage their own investments, wealth building and estate planning with the Wealthsimple Trade platform. Currently, Wealthsimple Trade provides advice and investment management services including: Trade Risks, Market Diversification, ETFs and Market Scalping. This information is provided by a combination of market, index, and bond indexes.
Currently, Wealthsimple Trade allows two types of trading: General trading and specific trade options. General trading includes investing in both stocks and mutual funds and is designed for individuals with zero trading experience or very limited knowledge of investment procedures. General trading provides excellent returns but does not provide the diversification benefits provided by more narrow asset classes. As most stocks follow a bull market trend, this provides excellent diversification benefits when investing.
On the other hand, specialized investments include Canadian Investor Protection Fund (CIPF), a Wealthsimple Trade advisor recommended product that provides two-factor authentication security. Two-factor authentication is a strong yet complex authentication system consisting of more than one factor that is used to verify the identity of the investor and confirm that they are indeed the owner of the assets being traded. The other factor, which authenticates the ownership of the portfolio, is called asset access. This is a system that protects Canadian investors and is part of Wealthsimple Trade’s fraud prevention measures.
Wealthsimple Trade uses a custom software application to facilitate the various investments you can make in the stock market. This software is available free from the Wealthsimple Trade website. This is the program used to generate and manage all of the investments you make in the stock market and provides online access to real time market data. This means, if you want to buy or sell shares, you simply log onto the Wealthsimple Trade website, find the appropriate investment fund, and place an order. The software also offers an extensive list of Canada’s top companies as well as the current stock market trends, allowing you to make smart decisions for your investments.
The Wealthsimple Trade program allows you to track all of your purchases, sales, income, and losses with ease. You will have a comprehensive file that includes every transaction you make and will always have the most up-to-date information available. You can log into your account on the website through a desktop computer or your laptop. It’s really easy to get started since there is no software to download. Even if you’re a beginner who has never traded the stock markets before, you can learn everything you need to know through the Wealthsimple Trade guide.
With the Wealthsimple Trade Review, I want to discuss the investment options you have when using their services. You can open two types of accounts with Wealthsimple Trade. First, there are no commissions required; however, you will have to pay for the service of a commission processor who will get you started. The second type of account that you can open is called a portfolio. This is a diversified portfolio containing stocks and other investments designed to maximize your gains and minimize your losses over time.
Wealthsimple has made it very easy for the average investor to manage multiple investments. In addition to having a single account, you can use several different kinds of investment vehicles to build a diversified portfolio. When you sign up for Wealthsimple, you can also choose from several different types of brokerage firms including Better Business Bureau (BBB), E-Trader, and dozens more. The brokerage fees associated with your account will depend on the type of firm you choose and the number of trades you plan on doing.
I am Keith Rainz a content creator in Zambia. I specialize in forex and crypto trading. You can WhatsApp me via +260977770202.
