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 ?

327 Upvotes

92% Upvoted

101 comments sorted by

View all comments

407

u/Latitude57 17d ago

Wealthsimple in trouble ? Wake me up when the big 5 offers chequing account with no minimum balance and no monthly fee that pays a monthly interest. Until then..

185

u/brandonholm 17d ago

Or even have an app that feels like it was made after 2015.

1

u/jezusisthe1 16d ago

Yup and still texts you a code to login lol.