Wealthsimple Trade introduced fractional share trading for US and Canadian companies.
This feature enables investment in companies like Amazon, Google, and Tesla with amounts as small as $1.
Over 500 stocks and ETFs available for fractional trading aim to promote investment diversification.
Fractional shares align with Wealthsimple's mission to democratize financial opportunities.
The update includes a simple trading process within the Wealthsimple Trade app, with trades executed twice daily.

Wealthsimple is a financial company providing easy online access to investing and saving tools. With options for custom-tailored portfolio management and self-directed stock and ETF trading without commissions, the platform tailors to various financial needs and goals. They extend support with expert advice and transparent practices to over 3 million Canadians. Wealthsimple promotes low fees and high-interest savings accounts, aiming to democratize traditionally exclusive investment opportunities to a broader audience. Their suite includes high-interest chequing accounts, often offering higher yields than traditional banks, alongside a clear-cut business model that aligns their success with their clients'.

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Wealthsimple offers investing, saving, trading, and crypto services commission-free.

Wealthsimple Launches Fractional Shares Trading

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