EasyMarkets
Wealthsimple
VS
Higher Rated
EasyMarkets
Capital at risk · T&Cs apply
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
| EasyMarkets | Wealthsimple | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.2/5 |
| Min. Deposit | $25 | $0 ✓ |
| Spread from | 0.7 pips | 0 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:1 |
| Regulation | CySEC, ASIC ✓ | SEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
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 belowEasyMarkets
Wealthsimple
EasyMarkets
Wealthsimple
Lower fees
EasyMarkets
3.6/5
Choose EasyMarkets if you want…
Wealthsimple
3.2/5
Choose Wealthsimple if you want…
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.
EasyMarkets offers spreads from 0.7 pips, while Wealthsimple starts at 0 pips. Check the fees section above for a full breakdown.
EasyMarkets requires a minimum deposit of $25. Wealthsimple requires $0.
EasyMarkets is regulated by CySEC, ASIC, while Wealthsimple holds licences from SEC.
EasyMarkets supports Proprietary Web, Proprietary Mobile, MT4. Wealthsimple supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.