Wealthsimple Referral
Wealthsimple vs Nest Wealth: Which is Better for Canadians in 2025?
See our side-by-side comparison of Wealthsimple and Nest Wealth 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 Nest Wealth
Nest Wealth is a Canadian robo-advisor focused on low, flat-fee pricing and personalized ETF portfolios. It offers digital onboarding, automatic rebalancing, and is regulated by CIRO, with CIPF insurance.
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)
Nest Wealth Pros
- Flat-fee pricing (can be cheaper for large balances)
- Personalized ETF portfolios
- Automatic rebalancing
- Regulated by CIRO, CIPF insurance
Nest Wealth Cons
- Flat fee can be expensive for small balances
- No commission-free DIY trading
- No fractional shares
- Fewer account integrations than Wealthsimple
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 Nest Wealth if…
- You want flat-fee robo-advisor pricing, personalized ETF portfolios, and are comfortable with a web-first experience. Best for large balances and those who want a pure robo-advisor.