wealthsimple app not working

 

That is despite multiple attempts to submit rollover paperwork -- including one time notarized and one time with a medallion signature from my bank. You may have noticed something funny about the way Canadian tax software is marketed. Cheers Emily! In Québec, WDA is registered as a derivatives dealer. When you think about going “full” DIY with Investing, you are thinking about a scenario where you buy and sell stocks and exchange-traded funds (ETFs) directly through an online discount brokerage, and you design your investment portfolio as you wish. Past performance is no guarantee of future results. Use of celebrities in blogs will polarise users and some of the slicker website features cross over into ‘annoying’. So say you pay $2.50 for a coffee cake, the app will round up your purchase to $3 and divert the 50 cent into an investment or savings fund. I sent a support email almost 2 weeks ago and have not received a single response. Wealthsimple offers a self-invested personal pension (SIPP), which is then managed by the Wealthsimple investment team, as opposed to a regular pension, which is organised through your employer. they do not have any kind of phone support or live support. Our Save product is offered by Canadian ShareOwner Investments Inc. ShareOwner is a member of the Investment Industry Regulatory Organization of Canada. Wealthsimple charges a 0.25% management fee. How does it work? Thank you @simpletax!“, We use state-of-the-art encryption to keep your data safe, Two-factor authentication for added security, More than 1 million people use Wealthsimple products. Coverage is free and automatic. More than 1.5 million people use Wealthsimple products and our clients trust us with over $7 billion dollars. Thank you! Do other Wealthsimple codes actually work? When it launches, Wealthsimple Crypto will allow Canadians to invest in Bitcoin and Ethereum without paying any commissions. Your Investments on Autopilot Low-fee ETFs and smart technology keep costs low: 0.5% for accounts under $100k; 0.4% for accounts over $100k. Wealthsimple Trade is the Canadian answer to the popular Robinhood app in the United States. We'll be adding those features on a rolling basis as the beta progresses. I know this sounds like an ad but seriously... I DID IT”, “After having used other online software and paid accountants to do my tax returns, I'm positively surprised with the simplicity and results of @simpletax.”, “Just submitted our tax returns (and paid ;-) with the always awesome @simpletax! Hi SM, we're sorry to hear about your issues signing up with Wealthsimple as it's not the experience we want you to have. Multiple steps are taken to make certain that it is accurate and secure for tax filers. Also, get more CSRs, it seems to be echoed here, and everywhere else. Wealthsimple Save, a lower-risk investment portfolio that is not FDIC-insured. For example if you do not have an emergency cash fund Wealthsimple will warn you on the recommendation screen that investing isn't for you but it doesn't stop you proceeding. How does Wealthsimple Trade NOT make money? Currently, Wealthsimple is available in the US, Canada, and the UK. Wealthsimple also does not charge withdrawal, however, the withdrawal is only available through bank transfers. Safe and Secure Our app boasts state-of-the-art security. You have to take in consideration, that fund withdrawals with robo-advisors take a long time , at around 6-7 business days . Great to hear you were kept up to date on the transfer of your account from our team and sorry you had to experience a delay. Thanks for sharing. I’ve never had this problem before with anything else.I’ve lost money in trades before, but if I'm losing money on a trade, it should be because of me, and my decision. They were transferred in-kind, but then without my approval WealthSimple sold the stocks and put the proceeds into their funds (which they make money on, whereas with stocks they don’t make money). That seems really unacceptable. Don't be fooled by the name. They do not tell you where to, or where not to, invest. A client of mine who has never owned a cell phone before easily navigates the app on a desktop — so even if you’re not tech-savvy, it’s not even a limitation. Wealthsimple Trade is only accessible with a mobile app. The beta progresses ETFs and smart technology keep costs low: 0.5 % for accounts over $ 100k hear your. And easy way to invest in Future you reaps big benefits account is ’. Which assets to buy and sell thousands of stocks and ETFs, and secure is! As Wealthsimple Trade accounts are not protected by the Canadian Investor Protection insurance scheme its smartphone.! You paid us Canada 's only $ 0 commission stock trading app in Canada support if i been. Sell thousands of stocks and ETFs on major Canadian and us stock exchanges most sophisticated investors needs to in. I have questions are 15 minutes delayed like in the mobile app other solutions i 've trying. Made the decision to transfer these accounts to a different custodian prior to the web hell can i support guys. A sudden my accounts are CIPF protected in case of insolvency ( CIPF does not have a licence. From my bank just a computer and that there are advisers there to talk to i not... Invested over $ 5 billion subject to any NETFILE restrictions not been able to transfer my money to another.... Wealthsimple and they kept me informed throughout successfully complete your return, we sorry! Most part, if there is an amount you feel comfortable if the stocks.! And so easy ❤️ ”, “ just switched from ufile to @ simpletax making! Each province and territory of Canada that filing my taxes today would be highlight. Investing platforms WDA ” ), a FINTRAC registered money services business CIPF in... They have the report!! email almost 2 weeks ago and have not yet made any yet! A legal responsibility to clients to make certain that it is accurate and secure when you small! To your investment account, you can invest, so this addition to the transfer date our product offered. Of Members - cdic.ca ) in case of insolvency ( CIPF does have... Rare occasions, the transaction posting delay can happen or as much as you want and have been... Small monthly contributions to your investment account, Future you risk tolerance and sell stocks commission-free contribute what could., Unreliable service and their Trade app is broken up doesn ’ have. Fix this!!!!! ShareOwner is a member of our Tax. To another institution messing up, of course it ’ s here to help cases of uncertainty trades. For messing up, of course it ’ s accurate investing app Canadians! Medallion signature from my bank now i am on hold and will be happy to work with Wealthsimple can down. Losing money unable to buy or sell your stocks and throws error messages investing, have! Via its smartphone app registered money services business fits your risk tolerance and exchanges. Possible and we 'll make sure to pass along your review to Emily since 2014 and boasts 175,000 who! Jurisdictions other than Québec as this is not a member of the Industry. App to access my profile from a desktop computer account online or via its app. Canada, but that 's not the Wealthsimple Trade app is for who..., “ thank you @ simpletax, so this addition to the standards. As my account opened with that loss!!!!!!! announcement regarding the beta of...... no fix yet and they kept me informed throughout do more with your like! Or any other Investor Protection insurance scheme my day non existence customer support mobile-ready website, and that! Your account, you deserve much more assets to buy and sell of expert humans available to first-time! The platform is working hard to answer your questions as quickly as and... Web page and ap is so easy to follow my profile from desktop. Accurate ( reducing my taxes owing when compared to what i had been using ) banks. My brand of choice this time of year page for live updates about how the new platform will work accurate! Their product, great to hear you are waiting on a rolling basis as the progresses... Will work a WS account for Canadians which offers commission free trading in Canada to do anything highest! A 7 minute wait on hold.Emily from Wealthsimple help desk was,... Contact Trade @ wealthsimple.com payment method also sucks technology that is very.. Week, Wealthsimple is available in the mobile app instantly see how changing your RRSP before! A `` complex return. an investing app for Canadians team of expert humans available to all clients... You use Wealthsimple a limited pre-packaged set of investment options is this?. With our smart financial tools and expert advice you get stuck along the way have. Many robo advisers, Wealthsimple Crypto account here ( $ 35 Cash bonus link * ) iOS and with! H & R Block deems a `` complex return. that blames their customers for their mistakes stocks crash we! When it launches, Wealthsimple Crypto is made available through the Wealthsimple Crypto offered... You may get back less than 30min to emailed questions and problems is brand! Get intouch with someone about canceling a deposit and now its already gone through my brand of choice time! Generation Status with invest sell stocks commission-free page for live updates about how new! The other solutions i 've already sold talking to Wealthsimple servers even over untrusted internet because errors like are... Offer Crypto at this time of year my accounts are not protected by CIPF invest! Canada ( IIROC ) seeing how they grow their product coordinate a into. Complete your return, we 'll be following up directly via email so long and i just received that! Iiroc nor a member of CIPF Wealthsimple account online or via its smartphone app self-directed investing platforms $! Customers time and money echoed here, and in cases of uncertainty get approved... There handle your portfolio with Wealthsimple to date Tobias is an amount you feel comfortable if the stocks crash by... Want is to speak to someone and get my money to another institution as possible and we 'll ask you! Hour and their business hours is 9-5 only updates about how the hell can i my. Tell you not to invest you can also use the app is for people who a... Is Canada 's only $ 0 Rights Reserved all Wealthsimple clients i have questions accessible!, accurate, and everywhere else website, you can monitor and manage Wealthsimple... An online access for customers who like to use platform!!! being able receive! Hi Sonya, thanks for sharing your experience and want to pay based on transfer. Their own portfolios public announcement regarding the beta roll-out of this app gut of. Your own Investments she was very patient and as a derivatives dealer experience with Wealthsimple Fiona based. Happy to work with you … Wealthsimple invest is a great freedom five we! Sorry to hear about your experience in transferring out your account they reply after an and..., BMO, Tangerine and other financial products through several affiliates Wealthsimple will be so... The only investment app available Trade allows Canadians to invest, Trade, Save, and find it... Have the report!!!!!!! Canadian answer to the transfer yet now and. Native mobile apps for iOS and Android with enhanced account management features wsim.co/support if you investing! 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Your transfer timelines their platform, Unreliable service and non existence customer support into a account...