Open a Tax-Free Savings Account

Wealthsimple’s TFSA offers optimized returns for a fraction of what big banks charge— and it only takes 5 minutes to open one.

Open a TFSA

The must-have account for any smart Canadian

You don't pay taxes on any investment gains
Withdraw funds anytime without penalty
No minimum — start with as little as $1

Open a TFSA

The benefits of using Wealthsimple

Track your contributions - Our free TFSA tracker eliminates the hassle of understanding CRA rules about how much you’re allowed to invest at any given time.
Low cost - Wealthsimple’s fees are just a fraction of what most investment managers charge.
Smarter, personalized portfolios - Using Nobel Prize winning strategies and cutting-edge technology, we’ll create the perfect portfolio mix to maximize returns while minimizing risk.

Open a TFSA

We keep your money safe

Your security and trust are important to us. We're committed to protecting your account with the highest standards of security available.

Over 1.5 million and counting - More than 1.5 million people use Wealthsimple’s investing, saving, and tax products
Everything is encrypted - We use state-of-the-art data encryption when handling your financial information and two-factor authentication (2FA) protection
CIPF protected - Your accounts are held with our custodial broker, Wealthsimple Investments Inc., and are protected within specified limits in the event of its insolvency by CIPF.
Powerful backing - Wealthsimple is backed by $380M in investment from some of the world's largest financial institutions

Simple honest pricing

Save thousands over the course of your lifetime by paying a fraction of what traditional advisors charge. You'll also never pay any trading, account transfer, or rebalancing fees.