Wealthsimple Referral
Wealthsimple vs Moomoo: Which is Better for Canadians in 2025?
See our side-by-side comparison of Wealthsimple and Moomoo for fees, features, safety, and more.
Referral Code: HODMTG — Get at least $25 (up to $100 depending on active promotions) when you join using the code or this referral link.
About
About Wealthsimple
Wealthsimple is Canada's leading fintech for commission-free investing, robo-advisor portfolios, and digital banking. It's known for its beginner-friendly app, $0 commissions, fractional shares, and seamless integration of investing, saving, and tax tools. Regulated by CIRO, with CIPF insurance up to $1M.
About Moomoo
Moomoo is a global trading platform known for its advanced charting, low fees, and access to US, HK, and other global markets. It offers commission-free trading on US stocks, advanced analytics, and is popular with active traders. Regulated in multiple jurisdictions.
Feature Comparison
Pros & Cons
Wealthsimple Pros
- $0 commissions, no minimums
- Fractional shares
- Beginner-friendly app
- Unified ecosystem (robo, cash, tax)
- Great for new investors
Wealthsimple Cons
- Limited advanced trading tools
- 15-min delayed quotes (free tier)
- No direct USD RRSP/TFSA (as of 2025)
Moomoo Pros
- $0 commissions on US stocks
- Advanced charting & analytics
- Access to global markets
- Paper trading
- Good for active traders
Moomoo Cons
- No Canadian-registered accounts
- No fractional shares
- Platform can be complex for beginners
Who Should Choose Which?
Choose Wealthsimple if…
- You want a simple, mobile-first experience, $0 commissions, fractional shares, and easy access to robo-advisor and cash accounts.
- Great for beginners and hands-off investors.
Choose Moomoo if…
- You want advanced analytics, global markets, and are comfortable with a more complex platform. Best for active traders and those trading US/HK stocks.