Stocks are easier than ever before for Canadian investors -- start investing for free

Hollywood often portrays stock traders as wealthy elitists who spend more time partying than working and let’s not even get into the Instagram traders with their Lambo fleets.

But with more and more everyday folks gaining access to the stock market via platforms like Wealthsimple Trade, today’s average trader could just as easily be building their wealth from the comfort of home or on their daily commute.Commission creep is real One of the most consistent costs for traders is commissions, which is a standard service charge applied by the platform, broker or investment firm that helps with the purchase and sale of stocks. Whether you sell at a profit or loss, your provider is going to want their piece of the pie.Article content

Wealthsimple Trade has no commission fees, transfer charges or other hidden fees. They charge a 1.5 per cent currency conversion fee on Canadian to U.S. dollar conversions when trading U.S.-listed securities, which you can easilyAnother common concern is the risk that comes along with trading stocks. There is no way to completely eliminate risk when investing in the market – the best you can do is put in the work to make sound trades.

However, if you really don’t want to risk your own money in the beginning, you always have the option of collecting yourHere’s how it works: If you fund and open a Personal Wealthsimple Trade profile, you will get a free stock deposited into your account within seven days. That means you could receive one of the most popular stocks on Wealthsimple Trade absolutely free.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 15 beaten-down TSX stocks show profitability, positive analyst sentimentWe are looking for beaten-down stocks showing signs of longer-term profitability
Source: globeandmail - 🏆 5. / 92 Read more »

Warren Buffett says these are the best stocks to own when inflation spikesThe Oracle of Omaha knows how to beat inflation\u003B so ride his coattails
Source: VancouverSun - 🏆 49. / 61 Read more »

Warren Buffett says these are the best stocks to own when inflation spikesThe Oracle of Omaha knows how to beat inflation\u003B so ride his coattails I notice he is not recommending gun manufacturing companies. Warren Buffet só pensa em dinheiro. Será que o caixão ⚰ dele tem gaveta?🇧🇷🇧🇷🤣🤣🤣🤣
Source: nationalpost - 🏆 10. / 80 Read more »

Asian stocks mixed after Fed confirms rate hike plansAsian stock markets were mixed Thursday after notes from the U.S. Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors.
Source: CTVNews - 🏆 1. / 99 Read more »

Asian stocks lower after Fed confirms rate hike plansAsian stock markets were mostly lower Thursday after notes from the U.S. Federal Reserve's latest meeting confirmed expectations of more interest rate hikes but held no surprises to rattle investors.
Source: CTVNews - 🏆 1. / 99 Read more »

CEO pay up 17 per cent as profits, stocks soar; workers fall behindEven when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package for chief executives who run S&P 500 companies soared 17.1 per cent last year, to a median US$14.5 million, according to data analyzed for The Associated Press by Equilar. 'inflation' It’s almost time to start eating the rich World value is finite; we're a big ball, and everything is assigned. If someone gets richer, someone else gets poorer. All the money in the world is trying to get into one pocket.
Source: CTVNews - 🏆 1. / 99 Read more »