Broker comparison

Selfwealth vs.
Wealthsimple

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

Wealthsimple has a higher rating of 4.1/5 compared to Selfwealth (3.9/5). Wealthsimple offers 3 instrument types, while Selfwealth offers 2. Selfwealth has been in the market since 2012, making it the more experienced provider.

Australian flat-fee broker with transparent pricing

Canadian neobroker with commission-free stock trading

At a glance

The key differences

Criterion
PlatformsSelfwealth Web, Selfwealth AppWealthsimple App, Wealthsimple Web
Product typesStocks, ETFsStocks, ETFs, Crypto
Options tradingNoNo
Fee modelAUD $9.50 flat fee per trade (ASX), US stocks from $0 commissionCAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
Minimum deposit0 AUD0 CAD
RegulationASICIIROC
More informationDetailsDetails

Platforms

Selfwealth

Selfwealth Web, Selfwealth App

Wealthsimple

Wealthsimple App, Wealthsimple Web

Product types

Selfwealth

Stocks, ETFs

Wealthsimple

Stocks, ETFs, Crypto

Options trading

Selfwealth

No

Wealthsimple

No

Fee model

Selfwealth

AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission

Wealthsimple

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

Minimum deposit

Selfwealth

0 AUD

Wealthsimple

0 CAD

Regulation

Selfwealth

ASIC

Wealthsimple

IIROC

More information

Selfwealth

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.

AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission

Published fee
AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission
Minimum deposit
0 AUD
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

StocksETFs
StocksETFsCrypto

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

Trading platforms

Selfwealth Web · Selfwealth App

Selfwealth offers trading through Selfwealth Web and the Selfwealth App. The web platform provides order placement, portfolio overview, community performance comparison, and market data. The mobile app enables trading and portfolio monitoring on the go. Both platforms are clearly designed and focused on simplicity but offer few advanced trading features like real-time charts or technical indicators.

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

IIROC

Regulatory information

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

Your investor profile

Who might it suit?

Australian flat-fee broker with transparent pricing

  • Transparent flat-fee structure
  • Commission-free US stock trading
  • Community features for performance comparison
  • Only available for Australian customers
  • Limited product range (stocks and ETFs only)

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

Selfwealth 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 Selfwealth and Wealthsimple?
Selfwealth: AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission. 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: Selfwealth or Wealthsimple?
Selfwealth offers Stocks, ETFs. Wealthsimple offers Stocks, ETFs, Crypto.
How are Selfwealth and Wealthsimple regulated?
The broker profiles list ASIC for Selfwealth and IIROC for Wealthsimple. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Selfwealth or Wealthsimple better for beginners?
Selfwealth lists a 0 AUD minimum deposit and offers Selfwealth Web, Selfwealth App. Wealthsimple lists 0 CAD and offers Wealthsimple App, Wealthsimple Web. Compare usability, available products and costs for your intended use.
Selfwealth vs Wealthsimple: Which broker is better overall?
The choice between Selfwealth (3.9/5, 550 reviews) and Wealthsimple (4.1/5, 1700 reviews) depends on your needs. Selfwealth: Australian flat-fee broker with transparent pricing. Wealthsimple: Canadian neobroker with commission-free stock trading.

Your next step

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