Questrade vs. WealthSimple For Long-Term Investments?

Asked 4 years ago

Considering Questrade conversion fees, how would you compare it with WealthSimple as an option for long-term growth? Which one is better for young adults with intermediate experience?

Questrade Simplewealth Long-term investments

Andia Rispah Igobwa

Thursday, June 17, 2021

Questrade and Wealth Simple have their distinct attributes and imperfections, but Questrate is still good overall.
Though it charges fees, they are not unreasonable, and serious DIY investors will love the sophisticated tools and plethora of account types and products Questrade offers.
On the other hand, don’t dismiss Wealth Simple relevance for those who want to get their feet into self-directed trading.
Their streamlined, easy to the eye app make it approachable for those who might be easily overwhelmed by research-heavy data and platform.
Its no-fee trades are also an incredible perk.