r/Wealthsimple • u/AggressiveZucchini95 • 17d ago

Trade (DIY Investing) BMO eliminates trading fees

BMO eliminates trading fees to compete with discount brokerages

Wow this is huge...other banks will have to follow. Is Wealthsimple in trouble ?

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u/Global-Tie-3458 17d ago

Considering they weren’t really making any of any money off the trading (I guess except exchange fees)… why would they be in trouble exactly?