Best Platform to Buy XEQT in Canada (2025 Guide)

If you’re looking to invest in XEQT, you need the right platform. After testing multiple options, Wealthsimple is hands-down the best platform to buy XEQT in Canada. Here’s why, plus how to get started with a $25 bonus.

Why Wealthsimple is the Best Platform for XEQT

🎯 Zero Commission Trading

• No trading fees on Canadian stocks and ETFs (including XEQT)
• No account maintenance fees for basic accounts
• No hidden charges - what you see is what you pay

📱 User-Friendly Interface

• Mobile-first design that’s intuitive for beginners
• Clean, simple dashboard that doesn’t overwhelm new investors
• Easy-to-use search to find XEQT quickly

🇨🇦 Canadian-Focused

• Built specifically for Canadian investors
• CAD accounts by default (no currency conversion fees)
• Canadian tax forms and reporting included

🔒 Security & Trust

• CDIC insured up to $100,000
• IIROC regulated for your protection
• Bank-level security with two-factor authentication

Wealthsimple vs. Other Platforms

How to Buy XEQT on Wealthsimple

Step 1: Open Your Account

Step 2: Fund Your Account

• Link your bank account
• Transfer funds (usually takes 1-2 business days)
• Start with as little as $1

Step 3: Search and Buy XEQT

• Type “XEQT” in the search bar
• Click on “iShares Core Equity ETF Portfolio”
• Enter the amount you want to invest
• Click “Buy” - that’s it!

What Makes XEQT Perfect for Wealthsimple

💰 Fractional Shares

• Buy XEQT with any amount (no need for full shares)
• Perfect for dollar-cost averaging
• Start investing with just $10

🔄 Automatic Investing

• Set up recurring purchases
• Invest automatically every week/month
• Build wealth while you sleep

📊 Real-Time Data

• Live price updates
• Performance tracking
• Portfolio analytics

Common Questions About Buying XEQT

“Is Wealthsimple really free?”

Yes! Wealthsimple makes money through premium features and order flow, not from charging you fees. Basic trading is completely free.

“What about currency conversion?”

XEQT trades in Canadian dollars, so there are no currency conversion fees when you buy it on Wealthsimple.

“Can I set up automatic contributions?”

Absolutely! You can set up automatic deposits from your bank account and automatic purchases of XEQT.

“What if I want to sell later?”

Selling XEQT is just as easy as buying - no fees, and you can do it anytime from your phone.

Alternatives to Consider

While Wealthsimple is our top pick, here are other options:

Questrade

• Pros: Free ETF purchases, good research tools
• Cons: Less user-friendly, higher fees for stocks

TD Direct Investing

• Pros: Full-service platform, extensive research
• Cons: High fees ($9.99 per trade), complex interface

RBC Direct Investing

• Pros: Integrated with RBC banking, good research
• Cons: High fees ($9.99 per trade), dated interface

Final Verdict: Wealthsimple is the Winner

For Canadian investors looking to buy XEQT, Wealthsimple offers:

• ✅ Zero fees on XEQT purchases
• ✅ Best mobile experience in Canada
• ✅ Perfect for beginners and experienced investors
• ✅ Canadian-focused platform
• ✅ Excellent customer service

Ready to Get Started?

Start investing in XEQT with no fees, no hassle, and a $25 bonus to kickstart your portfolio. It’s the smartest way to begin your investing journey in Canada.

Related Reading

• Why Wealthsimple is the Best Platform for XEQT
• What is XEQT? A Comprehensive Guide
• XEQT for Beginners
• How Much Should You Invest in XEQT Monthly?
• Get the Wealthsimple referral bonus

Disclosure: This post contains referral links. I may receive compensation if you sign up through these links, but this doesn’t affect my honest assessment of the platform. I genuinely believe Wealthsimple is the best option for Canadian XEQT investors.