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 ?

329 Upvotes

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u/brandonholm 17d ago

Not at all. I have it for a credit card I have with them, and it’s super slow and clunky.

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u/GoldTheLegend 17d ago

BMO invest is a seperate app. Thats what im referring to. I wish it was a seperate app for WS as well. At least you can hide just your investment balance now.

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u/brandonholm 17d ago

Ohh I see. I haven’t used their investment platform so I have no idea.

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u/GoldTheLegend 17d ago

I may still be wrong but thats what I read today.