If you’ve got some extra cash, here’s how to invest it for free

Buy and trade shares from your phone with no fees or commissions.

Twenty20

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By Shane Murphy Mar. 02, 2021

Many people find investing intimidating, some even think you need thousands of dollars and a stock broker just to get started.

Thanks to an app called Wealthsimple, you can start investing all on your own with as little as $1.

Easy no-fee investing

Wealthsimple Trade is super easy to use. Just download the app, or sign up on the website, and fill out an application form.

Once signed up, you can transfer funds to your account and start investing right away.

Wealthsimple lets you buy and trade stocks, exchange-traded funds (ETFs) and even cryptocurrencies, so you’ll be able to invest in whatever you’re into — all without paying a cent in commission.

Plus, you can choose to invest through a TFSA or RRSP, helping you save even more money on taxes.

A better online investing experience

Easy to use and powerful, Qtrade's online trading platform puts you in full control with tools and resources that help you make well-informed decisions.

Invest Now

Sign up now and collect $50

When you sign up for Wealthsimple Trade and invest $150 within the first 45 days, your account will get a free $50 bonus to boost your investments.

You don’t need to worry about any extra steps — deposit, invest and you're set.

Wealthsimple makes trading stocks, and even crypto, easy. So set up an account and start investing today.

Trade Smarter, Today

With a wide variety of investment chocies, CIBC Edge makes it easy for you to trade how you want, when you want.

About the Author

Shane Murphy

Reporter

Shane is a reporter for Money.ca. He holds a bachelor’s degree in English Language & Literature from Western University and is a graduate of the Algonquin College Scriptwriting program.

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