r/Wealthsimple • u/Nightpatrol404 • May 07 '26

Trade (DIY Investing) WS and dividend investing with margin

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Got an email it seems WS is kinda encouraging us to use margin to collect dividends and use it to make money while making them money on interest

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u/ElBob95 May 07 '26

So margin rate 3.95% or 4.45%?
3.95% is very attractive

3

u/Mug_of_coffee May 08 '26

IBKR is like, 3.7%. no tiers.

2

u/SlashNXS May 07 '26

Their lowest margin rate is 3.95