Post by
Exrower on Mar 05, 2021 9:53pm
Wealth Simple needs to be investigated
The only stock they had blocked was Exro clearly in an effort to cordinate with the shorts
Comment by
Exrower on Mar 05, 2021 10:11pm
As my daughter holds Exro shares in her Wealth Simple account I’m considering legal action against them if indeed she was blocked from buying shares and averaging down her cost bases. This was the only stock they restricted trading in just like Reddit did with Game Stop, There is absolutely no justification that will satisfy me in why they took this action.
Comment by
Exrower on Mar 05, 2021 10:16pm
She said she could buy Exro through Wealth Simple today , as she had a bid in , so I’ll follow up on when the restricted trades in Exro shares
Comment by
CoCa827 on Mar 06, 2021 8:58am
Where is the Canadian Securities Exchange Commission on this? If you "trade in and out for pips, I see why Wealthsimple makes sense. However, if you position for the long play (1 week, month, year and or taget price) TD $9.99 per trade would be my suggestion. Nothing is free. They may even front load your trades.
Comment by
jboom70 on Mar 06, 2021 3:25pm
K I'll go there. I've been having trouble with TD. Service interuption locks you out of your account for hours and phone back up is a two hour wait. Need to move they have cost me thousands. When I spoke with them they said to bad not our fault and when I asked for a manager to call me back...well I'm still waiting. So what platforms do people like here?
Comment by
cyegger on Mar 06, 2021 3:57pm
Qtrade - my only very minor quibble is they take a couple of weeks to prepare monthly statements. I've never had an outage. Phone service is excellent, although seldom needed because I can do everything online including xfers in and out of registered accounts and enabling and disabling DRIPs. 5 stars out of 5 cyeg