How welathsimple margin accounts work
Wealthsimple does not charge a fee to open a margin account and charges no interest if the account remains unused. The account requires a risk disclosure, functions as a line of credit with daily interest calculations on negative balances, and requires waiting for deposits to settle, unlike instant funding for other account types. For more details, visit Wealthsimple . 1st thing you need know... i have TFSA account that in cad but now my usd traidng account turn on to buy usa stocks it ask me to convert to usd before i was able to buy usa stocks in cad what is that change or why now i can not buy usd stck directly from cad welathsimple 2026 with usd traidng accoungt trne o is that the issue or what is new rule Turning on the USD Trading Account feature is exactly why this change happens. There is no new government rule; instead, activating the USD Trading Account physically splits your TFSA into two separate currency pockets : a CAD TFSA side and a USD TFSA side. [ 1 , 2 ] Why Yo...