Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

EasyMarkets vs Wealthsimple 2026: Which Broker is Better?

In comparing EasyMarkets and Wealthsimple, traders will find distinct differences tailored to specific trading needs. EasyMarkets, with its 3.61/5 rating, is ideal for traders seeking a broad range of markets including forex, CFDs, and commodities, offering features like free guaranteed stop-loss and a low minimum deposit. On the other hand, Wealthsimple, rated 3.2/5, appeals to Canadian investors focused on commission-free stock and ETF trading and those interested in robo-advisory services, though its market offerings are limited to Canadian and US stocks. While EasyMarkets is suitable for traders interested in high leverage and diverse market access, Wealthsimple caters to those who prefer simplicity and automated investing within the Canadian context.

EasyMarkets

Wealthsimple

Higher ratedEasyMarkets logo

EasyMarkets

3.6/ 5
Visit EasyMarkets →Full review
VS
EasyMarketsWealthsimple
BrokerRank Score3.6/5 ✓3.2/5
Min. Deposit$25$0 ✓
Spread from0.7 pips0 pips ✓
Max Leverage1:400 ✓1:1
RegulationCySEC, ASIC ✓CIRO
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
WealthsimpleEasyMarkets
Best for Low Fees
WealthsimpleEasyMarkets
Best for Regulation
EasyMarketsWealthsimple
Best Overall
EasyMarketsWealthsimple
Quick Answer

EasyMarkets 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 below

EasyMarkets vs Wealthsimple: Key Differences

Feature

EasyMarkets

Wealthsimple

Our Rating
3.6 / 5
3.2 / 5
Min. Deposit
$25
$0
Max Leverage
Spread From
0.7 pips
0 pips
Commission
None
None
Regulated By
CIRO
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Crypto
Founded
2001
2014
Headquarters
Limassol, Cyprus
Toronto, Canada
Score
2 / 4
2 / 4

Still deciding between EasyMarkets and Wealthsimple?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

EasyMarkets

Wealthsimple

Lower fees
Spread From
0.7 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Wealthsimple is the better choice due to its commission-free trading, zero minimum deposit requirement, and user-friendly interface, particularly suited for Canadian investors. EasyMarkets, with its higher leverage and broader market access including forex and CFDs, is more suitable for professional traders seeking more complex trading options. When it comes to fees, Wealthsimple takes the lead with its zero-commission structure, although it is limited to Canadian and US markets and includes an FX fee on USD trades.

Who Should Choose Which?

EasyMarkets

EasyMarkets

3.6/5

Top pick

Choose EasyMarkets if you want…

  • Higher overall rating (3.6/5)
  • Higher leverage (up to 1:400)
  • More regulatory licences (2)
  • More market types (6)
Wealthsimple

Wealthsimple

3.2/5

Choose Wealthsimple if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#5AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both EasyMarkets & Wealthsimple are available in

Frequently Asked Questions

1

Is EasyMarkets better than Wealthsimple?

EasyMarkets scores higher overall on our independent rating system. EasyMarkets 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.

2

Which has lower fees, EasyMarkets or Wealthsimple?

EasyMarkets offers spreads from 0.7 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for EasyMarkets vs Wealthsimple?

EasyMarkets requires a minimum deposit of $25. Wealthsimple requires $0.

4

Which broker is safer, EasyMarkets or Wealthsimple?

EasyMarkets is regulated by CySEC, ASIC, while Wealthsimple holds licences from CIRO.

5

What trading platforms do EasyMarkets and Wealthsimple support?

EasyMarkets supports Proprietary Web, Proprietary Mobile, MT4. Wealthsimple supports Proprietary Web, Proprietary Mobile.

6

Can I use both EasyMarkets 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

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply