On which Wealthsimple app can I swing trade?

Asked 3 years ago

I want to make swing trades through Wealthsimple. Can I use their trade app, or do I need to get the investing app? Also, would you say it is better to trade on Wealthsimple using a desktop?

Andrew Moran

Tuesday, July 06, 2021

Yes, you can swing trade through the WealthSimple app.

You can make as many trades as you wish on the mobile application or desktop investment platform.

What makes WealthSimple great is that swing trading and even day trading are more accessible to the typical armchair trader than ever before. Most importantly, you do not have to pay fees to participate in a common investing strategy.

Andrew Moran

Tuesday, August 17, 2021

Since swing trading typically consists of holding a stock for a session or two (or even up to several weeks), you can execute these trades on the Wealthsimple Trade mobile application.

The Wealthsimple Invest is more to do with robo-investing, saving, and creating more of a hands-off approach to buying and selling securities.

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