Justwealth
Depends
Confidence: Medium
Buy if you are a Canadian hands-off investor, especially an RESP saver, who wants professionally managed portfolios without a traditional advisor.
New check
Comparison
Justwealth and Wealthsimple | More is more both land on Depends.
Buy if you are a Canadian hands-off investor, especially an RESP saver, who wants professionally managed portfolios without a traditional advisor.
Buy if you're Canadian and want one simple app for spending, trading, and hands-off investing.
| Compare | ||
|---|---|---|
| Verdict | Depends | Depends |
| Best for | Hands-off Canadian investors | Canadians wanting one money app |
| Who it's not for | DIY index investors happy buying ETFs themselves | Non-Canadians . the service is Canada-only |
| Privacy | No known public vulnerabilities found in the sources reviewed.14 | One disclosed customer-data breach (Sept 2025); official security page exists, no other vulnerabilities in sources. |
| Support quality | Human-led claimed; Reddit users still comparison-shop | No evidence in sources reviewed |
| Public sentiment | Reddit users frequently compare Justwealth against Wealthsimple, Questrade, and Modern Advisor, especially for RESP and RRSP accounts.⁶ | Redditors find Wealthsimple easier than rivals like Questrade and call fees fair, though some question robo returns and fee clarity. |
| Biggest gotcha | Minimum monthly fee makes small balances pricier than the headline rate suggests⁵ | September 2025 breach exposed customer information . use unique passwords and enable 2FA |