Does Wealthsimple Charge Ecn Fees?

Wealthsimple Trade has no fees for buying and selling stocks and ETFs. ... ECN fees apply to some trades. Purchasing ETFs is free.

How much are ECN fees?

If you're charged, the fee is calculated at $0.000013 x (Value of the trade). For example, if you're selling 100 shares of a U.S. stock at $25 (100 x $25 = $2,500 - value of the trade) will incur an SEC fee of $0.0325 USD (0.000013 X $2,500).

Are ECN fees per share?

Generally, ECN fees are calculated on a per-share basis (a fraction of a cent for each share traded). They vary slightly depending on the brokerage and the specific exchange, but they're always fractions of a cent.