SelfwealthAUD $9.50 flat fee per trade (ASX), US stocks from $0 commission
- Published fee
- AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission
- Minimum deposit
- 0 AUD
Broker comparison
Selfwealth vs.
Wealthsimple
Which broker fits your needs?
Platforms, products and fees side by side.
Checked on 22 October 2026
See comparisonSelfwealth
WealthsimpleVS
Summary
Your goal decides
Wealthsimple has a higher rating of 4.1/5 compared to Selfwealth (3.9/5). Wealthsimple offers 3 instrument types, while Selfwealth offers 2. Oversight: Selfwealth: ASIC; Wealthsimple: IIROC. Selfwealth: No. Wealthsimple: No. Selfwealth has been in the market since 2012, making it the more experienced provider.
SelfwealthAustralian flat-fee broker with transparent pricing
WealthsimpleCanadian neobroker with commission-free stock trading
At a glance
The key differences
| Criterion | Selfwealth | Wealthsimple |
|---|---|---|
| Platforms | Selfwealth Web, Selfwealth App | Wealthsimple App, Wealthsimple Web |
| Product types | Stocks, ETFs | Stocks, ETFs, Crypto |
| Options trading | No | No |
| Fee model | AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission | CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium) |
| Minimum deposit | 0 AUD | 0 CAD |
| Regulation | ASIC | IIROC |
| More information | Details | Details |
Platforms
Selfwealth
Selfwealth Web, Selfwealth App
Wealthsimple
Wealthsimple App, Wealthsimple Web
Product types
Selfwealth
Stocks, ETFs
Wealthsimple
Stocks, ETFs, Crypto
Options trading
Selfwealth
No
Wealthsimple
No
Fee model
Selfwealth
AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission
Wealthsimple
CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
Minimum deposit
Selfwealth
0 AUD
Wealthsimple
0 CAD
Regulation
Selfwealth
ASIC
Wealthsimple
IIROC
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
SelfwealthWealthsimpleCAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
- Published fee
- CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium)
- Minimum deposit
- 0 CAD
The relevant costs depend on market, currency, order size and trading style.
Worked out
What does it actually cost?
Typical months at Selfwealth and Wealthsimple, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.
| Scenario | Selfwealth | Wealthsimple |
|---|---|---|
| ETF savings plan, ≈ €200 a month | A$9.50Auto-Invest: flat A$9.50 per filled order × 1 | CA$0Recurring investment, $0 commission (Core) × 1 |
| 10 stock buys of ≈ €1,000 a month | A$95ASX: flat A$9.50 per trade × 10 | CA$0Commission on Canadian listed securities $0 × 10 |
| 10 US option contracts a month | —Not offered | US$0Equity/ETF options: US$0 per contract × 10 (Core) |
| One BTC purchase of ≈ €1,000 | —Not offered | CA$80.5% × C$1,600 = C$8 plus an unpublished spread |
| Custody and account fee per year | A$0No account opening, inactivity or closure fees | CA$0Monthly account fee $0, inactivity $0 |
Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: help.selfwealth.com.au · selfwealth.com.au · wealthsimple.com · wealthsimple.com · wealthsimple.com
Execution quality
Order type, venue and liquidity affect execution.
SelfwealthCheck the provider’s execution policy and available order types for your account.
Provider informationWealthsimpleCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
SelfwealthStocksETFs
WealthsimpleStocksETFsCrypto
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
SelfwealthSelfwealth Web · Selfwealth App
Selfwealth offers trading through Selfwealth Web and the Selfwealth App. The web platform provides order placement, portfolio overview, community performance comparison, and market data. The mobile app enables trading and portfolio monitoring on the go. Both platforms are clearly designed and focused on simplicity but offer few advanced trading features like real-time charts or technical indicators.
Explore platformWealthsimpleWealthsimple App · Wealthsimple Web
Wealthsimple offers trading through the Wealthsimple App and Wealthsimple Web. The app is the centerpiece of the platform, featuring an elegant, minimalist user interface for trading stocks, ETFs, and cryptocurrencies. The web platform complements the offering with portfolio overview and account management. Both platforms seamlessly integrate the robo-advisor service. Advanced charting or analysis tools are not offered.
Explore platformSelfwealth
Selfwealth Pty Ltd (AFSL 421789), 'Selfwealth by Syfe'
- Supervisor
- ASIC
Wealthsimple
Wealthsimple Investments Inc. (WSII)
- Supervisor
- CIRO
Regulation does not protect against market losses. What counts is the entity you sign the contract with.
Your investor profile
Who might it suit?
SelfwealthAustralian flat-fee broker with transparent pricing
- Transparent flat-fee structure
- Commission-free US stock trading
- Community features for performance comparison
- Only available for Australian customers
- Limited product range (stocks and ETFs only)
WealthsimpleCanadian neobroker with commission-free stock trading
- Commission-free stock and ETF trading
- Very user-friendly app
- Fractional shares available
- Only available for Canadian customers
- 1.5% FX fee on US stocks (without Premium)
Find the broker that fits
Selfwealth oder Wealthsimple?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
Selfwealth and Wealthsimple do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Your questions
Frequently asked questions
How do fees differ between Selfwealth and Wealthsimple?
Selfwealth: AUD $9.50 flat fee per trade (ASX), US stocks from $0 commission. Wealthsimple: CAD $0 commission on Canadian and US stocks, 1.5% FX fee (0% with Premium). Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Selfwealth or Wealthsimple?
Selfwealth offers Stocks, ETFs. Wealthsimple offers Stocks, ETFs, Crypto.
How are Selfwealth and Wealthsimple regulated?
The broker profiles list ASIC for Selfwealth and IIROC for Wealthsimple. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Selfwealth or Wealthsimple better for beginners?
Selfwealth lists a 0 AUD minimum deposit and offers Selfwealth Web, Selfwealth App. Wealthsimple lists 0 CAD and offers Wealthsimple App, Wealthsimple Web. Compare usability, available products and costs for your intended use.
Selfwealth vs Wealthsimple: Which broker is better overall?
The choice between Selfwealth (3.9/5, 550 reviews) and Wealthsimple (4.1/5, 1700 reviews) depends on your needs. Selfwealth: Australian flat-fee broker with transparent pricing. Wealthsimple: Canadian neobroker with commission-free stock trading.
Your next step
Your next step
SelfwealthAustralian flat-fee broker with transparent pricing
Open accountRead reviewWealthsimpleCanadian neobroker with commission-free stock trading
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.