ActivTrades vs Wealthsimple 2026: Which Broker is Better?
Choosing between ActivTrades and Wealthsimple depends on your trading style, preferred markets, and budget. ActivTrades is headquartered in London, UK, while Wealthsimple operates from Toronto, Canada. ActivTrades has the longer track record, established in 2001, compared to Wealthsimple which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ActivTrades
Wealthsimple
| ActivTrades | Wealthsimple | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.2/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:1 |
| Regulation | FCA, CySEC ✓ | CIRO |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile |
ActivTrades is the better choice overall, scoring 3.6/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Wealthsimple offers lower spreads (0 pips).
See full side-by-side comparison belowActivTrades vs Wealthsimple: Key Differences
ActivTrades
WinnerWealthsimple
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Fees Comparison
ActivTrades
Wealthsimple
Lower feesRegulation & Trust
ActivTrades holds licences from FCA, CySEC. Wealthsimple is regulated by SEC.
Markets & Assets
Both brokers offer access to Stocks markets. ActivTrades additionally covers Forex, Cfd, Indices, Commodities. Wealthsimple adds Crypto.
Fees & Spreads
On spreads, Wealthsimple is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.5 pips at ActivTrades.
Trading Platforms
ActivTrades supports MT4, MT5, Proprietary Web. Wealthsimple offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web.
Minimum Deposit
ActivTrades requires no minimum deposit, while Wealthsimple sets no minimum deposit. This makes ActivTrades accessible to traders with any budget.
Overall Ratings
BrokerRank scores ActivTrades at 3.56/5 and Wealthsimple at 3.20/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ActivTrades leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
ActivTrades
3.6/5
Choose ActivTrades if you want…
- Higher overall rating (3.6/5)
- Higher leverage (up to 1:400)
- More regulatory licences (2)
- More market types (6)
Wealthsimple
3.2/5
Choose Wealthsimple if you want…
- Tighter spreads (from 0 pips)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both ActivTrades & Wealthsimple are available in
Frequently Asked Questions
1Is ActivTrades better than Wealthsimple?
ActivTrades scores higher overall on our independent rating system. ActivTrades holds a 3.6/5 rating vs Wealthsimple's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, ActivTrades or Wealthsimple?
ActivTrades offers spreads from 0.5 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ActivTrades vs Wealthsimple?
ActivTrades requires a minimum deposit of $0. Wealthsimple requires $0.
4Which broker is safer, ActivTrades or Wealthsimple?
ActivTrades is regulated by FCA, CySEC, while Wealthsimple holds licences from CIRO.
5What trading platforms do ActivTrades and Wealthsimple support?
ActivTrades supports MT4, MT5, Proprietary Web. Wealthsimple supports Proprietary Web, Proprietary Mobile.
6Can I use both ActivTrades and Wealthsimple?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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