Moomoo vs Wealthsimple Canada
Discover why Canadian traders choose moomoo over Wealthsimple
What you get with moomoo:
AI-powered trading assistant to optimize your trades
Lower costs with $0 exchange fees
Deeper US Level 2 market data (60-depth)
Enhance your trading experience with moomoo
30M
Global users
8
Global Markets
US$155.8B
Client assets under management
$1 million
CIPF protection per account
Why more Canadian investors choose
moomoo over Wealthsimple
AI-powered insights
Institutional flow tracking
Level 2 market data (60 levels)
50+ drawing tools
See how you save with moomoo
Trade smarter with moomoo's brokerage fees.
Buy NVDA 100 Shares at $180 Each
100 Shares 
50 Shares
10 Shares
 |  | |
|---|---|---|
| Total Cost | $1.99 | $270 |
| $xxx more than moomoo | +268.01 | |
| Fees | $0.0049/share, min. $0.99 $0.005/share, min. $1 $0* | $0 1.5% |
Commission
Platform Fees
Currency Exchange Fees
Disclaimer
Smarter trading starts here
Get started on a smarter trading platform in just 3 minutes:
STEP 1
Sign up with your email or mobile number.
STEP 2
Provide a few basic details and upload the required documents.
STEP 3
Once approved, download the app and begin to access the markets.
Trusted voices share their experience
Hear from creators who use moomoo and share their genuine experience with the platform.
Passive Income Investing231K+
followers
followers
"One thing I instantly noticed about the moomoo broker is how fast it is. No lag & seamless transitions between tabs. I also like having the choice between the Desktop app & Online."
Watch Video>
I'm TingTing55.8K+
followers
followers
"I have to say moomoo has the best app UI - clean, visual, and easy to understand. I really enjoy the free market and financial data, which helps me to understand the financial health of businesses and make correct investment decisions."
Watch Video>
Drawbridge Finance65.6K+
followers
followers
"Moomoo makes active investing simple and efficient. I love how easy it is to manage both my ETF and options strategies and switch between the app and desktop for seamless trading."
Watch Video>
The Masked Investor188K+
followers
followers
"I like moomoo because it's fast, easy to use, and visually fire — even when I'm running complex strategies. The flow tools add real confluence (sometimes even an edge), and the AI baked into the platform is a game-changer!"
Watch Video>
Canadian in a T-Shirt264K+
followers
followers
"Instead of relying on Yahoo Finance and having 5 tabs open, I can do ALL of my stock analysis right here on moomoo and then click Buy! It's a one-stop shop!"
Watch Video>
Financial Journey51.8K+
followers
followers
"Its chart overlays and AI tools make tracking stocks and exploring investment ideas easy and engaging. I also appreciate how simple it is to learn and understand."
Watch Video>Passive Income Investing231K+
followers
followers
"One thing I instantly noticed about the moomoo broker is how fast it is. No lag & seamless transitions between tabs. I also like having the choice between the Desktop app & Online."
Watch Video>I'm TingTing55.8K+
followers
followers
"I have to say moomoo has the best app UI - clean, visual, and easy to understand. I really enjoy the free market and financial data, which helps me to understand the financial health of businesses and make correct investment decisions."
Watch Video>Drawbridge Finance65.6K+
followers
followers
"Moomoo makes active investing simple and efficient. I love how easy it is to manage both my ETF and options strategies and switch between the app and desktop for seamless trading."
Watch Video>The Masked Investor188K+
followers
followers
"I like moomoo because it's fast, easy to use, and visually fire — even when I'm running complex strategies. The flow tools add real confluence (sometimes even an edge), and the AI baked into the platform is a game-changer!"
Watch Video>Canadian in a T-Shirt264K+
followers
followers
"Instead of relying on Yahoo Finance and having 5 tabs open, I can do ALL of my stock analysis right here on moomoo and then click Buy! It's a one-stop shop!"
Watch Video>Financial Journey51.8K+
followers
followers
"Its chart overlays and AI tools make tracking stocks and exploring investment ideas easy and engaging. I also appreciate how simple it is to learn and understand."
Watch Video>Trade with peace of mind
Listed on Nasdaq. Trusted Everywhere.
Our parent company is Nasdaq-listed (Ticker: FUTU), with a market value exceeding US$20 billion, and trusted by over 29 million investors worldwide.
Your account is protected.
Moomoo Financial Canada Inc. is a member of CIPF, which protects clients’ assets up to CA$1 million per account. Learn more at www.cipf.ca.
Visit our first Moomoo Store
in Canada
Yorkville
Markham
95A Bloor Street West,
Toronto, ON M5S 1M1
Toronto, ON M5S 1M1
Monday to Friday: 11:00 - 18:30
Saturday: 11:00 - 18:30, Sunday: 11:00 - 17:00
Closed on public holidays
Moomoo vs Wealthsimple FAQs
How do I transfer my Wealthsimple TFSA, Wealthsimple RRSP, Wealthsimple Cash, or Wealthsimple Margin accounts to moomoo?
If you currently hold US or Canadian shares in Wealthsimple, you can easily bring them over to moomoo directly in the app:
1. Sign up and complete your account opening.
2. Download the moomoo app and log in to your account.
3. Tap the [Accounts] at the bottom → [More] → [Stock Transfer].
4. Select the brokerage you're transferring from and follow the on-screen prompts.
1. Sign up and complete your account opening.
2. Download the moomoo app and log in to your account.
3. Tap the [Accounts] at the bottom → [More] → [Stock Transfer].
4. Select the brokerage you're transferring from and follow the on-screen prompts.
What investment products are available on moomoo?
moomoo offers a wide range of investment options for Canadian investors, including US and Canadian stocks, ETFs, and US options.
What are the benefits of transferring or investing with moomoo?
There are plenty of benefits to start investing with moomoo over Wealthsimple, here are just a few highlights:
- Up to $2,300 in stock cash coupons for eligible first-time transfers.
- A seamless, beginner-friendly, and pro-level investing experience in all-in-one platform.
- Recognized by Benzinga as the #1 U.S. stock trading platform for Canadians, with operations based in Toronto, Canada.
- Up to $2,300 in stock cash coupons for eligible first-time transfers.
- A seamless, beginner-friendly, and pro-level investing experience in all-in-one platform.
- Recognized by Benzinga as the #1 U.S. stock trading platform for Canadians, with operations based in Toronto, Canada.
Is my money safe with moomoo?
Moomoo is a legitimate trading platform in Canada. Its brokerage products and related services are provided by Moomoo Financial Canada Inc., which is regulated by the Canadian Investment Regulatory Organization (CIRO). It is also a member of the Canadian Investor Protection Fund (CIPF), which protects security clients of its members up to CA$1 million for each general account.