Low-fee automated investing is gaining popularity in Canada, and fintech companies like Wealthsimple or Questrade have been signing up record numbers of new Canadian investors.
But what if you don’t have big bucks to get started with investing right away?
What if you only have a few dollars? Everyone has to start somewhere, and if you don’t have a big nest egg to begin investing, you can use a service like Moka (formerly known as Mylo) or Wealthsimple to get started.
Here’s a comparison of Mylo vs. Wealthsimple, with details on which one will suit your beginner investor needs.