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.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Stocks are easier than ever before for Canadian investors -- start investing for freeReduce the fees that might be dragging down your portfolio
Source: nationalpost - 🏆 10. / 80 Read more »

How retail stocks went from ‘recessionary playbook’ to market casualtyShockwaves from Walmart and Target gave market bears a new concern: that inflation may now be biting consumers even before the Fed starts raising interest rates more aggressively
Source: globeandmail - 🏆 5. / 92 Read more »

After rocky period, U.S. stocks will end year up from current levels: pollSome strategists warned of turbulence on concerns inflation and aggressive interest rate rises crimps economic growth and unnerves investors Well then, those million covid deaths were worth it. Well if a poll said it….
Source: globeandmail - 🏆 5. / 92 Read more »

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 »