Broker comparison

Avanza vs.
Wealthsimple

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Avanza has a higher rating of 4.4/5 compared to Wealthsimple (4.1/5). Avanza offers 7 instrument types, while Wealthsimple offers 3. Avanza offers options trading, while the other does not. Avanza has been in the market since 1999, making it the more experienced provider. Execution speed: Avanza ~30 ms (Nasdaq Stockholm Direct), Wealthsimple ~50 ms (TSX-Routing, Robo-Advisor + Self-Directed).

Sweden's most popular online broker with commission-free trading

Canadian neobroker with commission-free stock trading

At a glance

The key differences

Criterion
PlatformsAvanza Web, Avanza AppWealthsimple App, Wealthsimple Web
Product typesStocks, ETFs, Funds, Bonds, Options, Warrants, CertificatesStocks, ETFs, Crypto
Options tradingYes, Swedish optionsNo
Fee model0 SEK commission on Swedish stocks, international from $1 per tradeCAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
Minimum deposit0 SEK0 CAD
RegulationFI (Sweden)IIROC
More informationDetailsDetails

Platforms

Avanza

Avanza Web, Avanza App

Wealthsimple

Wealthsimple App, Wealthsimple Web

Product types

Avanza

Stocks, ETFs, Funds, Bonds, Options, Warrants, Certificates

Wealthsimple

Stocks, ETFs, Crypto

Options trading

Avanza

Yes, Swedish options

Wealthsimple

No

Fee model

Avanza

0 SEK commission on Swedish stocks, international from $1 per trade

Wealthsimple

CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)

Minimum deposit

Avanza

0 SEK

Wealthsimple

0 CAD

Regulation

Avanza

FI (Sweden)

Wealthsimple

IIROC

More information

Avanza

Details

Wealthsimple

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

0 SEK commission on Swedish stocks, international from $1 per trade

Published fee
0 SEK commission on Swedish stocks, international from $1 per trade
Minimum deposit
0 SEK
See terms at provider

CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)

Published fee
CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
Minimum deposit
0 CAD
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsFundsBondsOptionsWarrantsCertificates
StocksETFsCrypto

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Avanza Web · Avanza App

Avanza offers trading through Avanza Web and the award-winning Avanza App. The web platform features comprehensive market data, charting tools, a social trading forum, and portfolio analysis. The mobile app is considered one of the best finance apps in Sweden, offering quick access to all trading functions, push notifications, and clear portfolio display. Both platforms are exclusively available in Swedish and stand out for their particularly intuitive user interface.

Explore platform

Wealthsimple App · Wealthsimple Web

Wealthsimple offers trading through the Wealthsimple App and Wealthsimple Web. The app is the centerpiece of the platform, featuring an elegant, minimalist user interface for trading stocks, ETFs, and cryptocurrencies. The web platform complements the offering with portfolio overview and account management. Both platforms seamlessly integrate the robo-advisor service. Advanced charting or analysis tools are not offered.

Explore platform

Regulation & security

FI (Sweden)

Regulatory information

IIROC

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Sweden's most popular online broker with commission-free trading

  • Commission-free trading of Swedish stocks
  • Sweden's most used investment platform
  • Excellent mobile app
  • Only available for customers in Sweden
  • Platform exclusively in Swedish

Canadian neobroker with commission-free stock trading

  • Commission-free stock and ETF trading
  • Very user-friendly app
  • Fractional shares available
  • Only available for Canadian customers
  • 1.5% FX fee on US stocks (without Premium)

Find the broker that fits

Avanza oder Wealthsimple?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between Avanza and Wealthsimple?
Avanza: 0 SEK commission on Swedish stocks, international from $1 per trade. Wealthsimple: CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Avanza or Wealthsimple?
Avanza offers Stocks, ETFs, Funds, Bonds, Options, Warrants, Certificates. Wealthsimple offers Stocks, ETFs, Crypto.
How are Avanza and Wealthsimple regulated?
The broker profiles list FI (Sweden) for Avanza and IIROC for Wealthsimple. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Avanza or Wealthsimple better for beginners?
Avanza lists a 0 SEK minimum deposit and offers Avanza Web, Avanza App. Wealthsimple lists 0 CAD and offers Wealthsimple App, Wealthsimple Web. Compare usability, available products and costs for your intended use.
Avanza vs Wealthsimple: Which broker is better overall?
The choice between Avanza (4.4/5, 2200 reviews) and Wealthsimple (4.1/5, 1700 reviews) depends on your needs. Avanza: Sweden's most popular online broker with commission-free trading. Wealthsimple: Canadian neobroker with commission-free stock trading.

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