Wealthsimple | More is more vs Justwealth

Wealthsimple | More is more and Justwealth both land on Depends.

Wealthsimple | More is more

Depends

Confidence: Medium

Buy if you're Canadian and want one simple app for spending, trading, and hands-off investing.

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.

Wealthsimple | More is more versus Justwealth
Compare	Wealthsimple \| More is more	Justwealth
Verdict	Depends	Depends
Best for	Canadians wanting one money app	Hands-off Canadian investors
Who it's not for	Non-Canadians . the service is Canada-only	DIY index investors happy buying ETFs themselves
Privacy	One disclosed customer-data breach (Sept 2025); official security page exists, no other vulnerabilities in sources.^³	No known public vulnerabilities found in the sources reviewed.
Support quality	No evidence in sources reviewed	Human-led claimed; Reddit users still comparison-shop
Public sentiment	Redditors find Wealthsimple easier than rivals like Questrade and call fees fair, though some question robo returns and fee clarity.^⁴	Reddit users frequently compare Justwealth against Wealthsimple, Questrade, and Modern Advisor, especially for RESP and RRSP accounts.^⁵
Biggest gotcha	September 2025 breach exposed customer information . use unique passwords and enable 2FA^³	Minimum monthly fee makes small balances pricier than the headline rate suggests¹⁵