Independent Audit Report
Till
VS
Wealthsimple

A comprehensive 20-point independent audit covering fees, FX rates, settlement architecture, regulatory standing, customer protection, and real-world performance benchmarks.

20 Audit Criteria Independent Analysis Current Verified Data Live Benchmarks
Till
Financial Services Platform
Best For Customers looking for financial services solutions
Core Fee Custom pricing; not publicly listed
Settlement Real-time financial tools
Visit Till ↗
Wealthsimple
Canadian Robo-Advisor with US Presence
Best For Canadian investors and US expats wanting automated ETF portfolios, soc
Core Fee 0.5% AUM fee for portfolios under $100,000; 0.4% for $100,00
Settlement Automated daily rebalancing; instant crypto trading; ACH and
Visit Wealthsimple ↗
Full 20-Point Audit Matrix
Verified current data across all key decision criteria
20 Criteria Compared
Audit Criterion Till Wealthsimple
WealthBlueprint RatingOverall score vs. all reviewed platforms (out of 5 stars)
3/5
Till: rated on fees, features, safety & ease of use
4/5
Wealthsimple: rated on fees, features, safety & ease of use
Transaction FeesPer-transfer costs, domestic & international
Custom pricing; not publicly listed 0.5% AUM fee for portfolios under $100,000; 0.4% for $100,000+; no trading commissions on self-directed; crypto available at 1.5%–2% spread
FX / Conversion SpreadMarkup above mid-market exchange rate
Till charges a conversion fee based on the currency pair and transfer amount. Always verify the all-in rate before sending.
Always check the live rate in the app
Variable FX markup — Wealthsimple applies a spread on currency conversion. Check the live rate before confirming.
Always check the live rate in the app
Account MaintenanceMonthly or annual account-keeping charges
Custom/tiered pricing — Till's fee structure depends on your account tier or usage volume.
Fees subject to change — verify before signing up
Wealthsimple applies account maintenance charges as described in its fee schedule. Pricing may vary by region.
Fees subject to change — verify before signing up
Card Issuance FeesVirtual and physical card creation costs
Till does not primarily offer physical cards — access is digital-first.
Check Till app for current card fees
Wealthsimple does not primarily offer physical cards — access is digital-first.
Check Wealthsimple app for current card fees
Domestic SettlementLocal bank transfer completion time
Till
Real-time financial tools
VS
Wealthsimple
Automated daily rebalancing; instant crypto trading; ACH and
✓ Wealthsimple is faster (instant vs Real-time financial tools)
Cross-Border SpeedInternational corridor settlement time
Till supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Wealthsimple supports cross-border transfers via its payment rails. Actual delivery depends on the receiving bank and any compliance holds.
Check the app for live estimates
Uptime / ReliabilityReported annual platform availability rate
Till publishes service status updates on its official status page for transparency.
Check Till status page for incident history
Wealthsimple is a regulated platform — it maintains high availability standards as part of its regulatory obligations.
Check Wealthsimple status page for incident history
Regulatory LicensesGoverning bodies and jurisdictions
Standard financial data security
✓ Licensed
CIPF member (Canadian equivalent of SIPC); regulated by IIROC; US accounts held at Apex Clearing (SIPC covered); 256-bit encryption; 2FA
✓ Licensed
Deposit InsuranceGovernment-backed protection scheme
Till holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Till
Wealthsimple holds funds with regulated partner banks. Deposit insurance coverage may apply.
Verify current coverage directly with Wealthsimple
2FA & AuthenticationMulti-factor security implementation
Till supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Wealthsimple supports 2FA via authenticator app or SMS. Check security settings for available methods.
Enable 2FA immediately after opening your account
Fraud DetectionAI/ML-powered transaction monitoring
Till employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Wealthsimple employs automated transaction monitoring. Suspicious activity triggers alerts and temporary holds.
✓ Real-time monitoring
Ideal Use CasePrimary audience and core value proposition
Till
Customers looking for financial services solutions
Wealthsimple
Canadian investors and US expats wanting automated ETF portfolios, socially responsible investing, crypto, and tax-optimized accounts with human advisor access
Platform ClassificationRegulatory and product category
Financial Services Platform Canadian Robo-Advisor with US Presence
Withdrawal LimitsDaily / weekly transfer and cash-out caps
Till withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Wealthsimple withdrawal limits vary by account type and KYC level.
Log in to see your current limits
Supported CurrenciesFiat and digital asset coverage
Till supports the currencies and assets listed in its official documentation.
Check Till official site for full currency list
Wealthsimple supports the currencies and assets listed in its official documentation.
Check Wealthsimple official site for full currency list
App Store RatingAggregate iOS + Android user satisfaction
Till app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Wealthsimple app ratings reflect recent user sentiment — check the App Store/Google Play for current scores.
Verify live ratings on the App Store
Customer SupportAvailable resolution pathways and SLA
Till routes support through its official help channels. Priority queue access varies by plan.
Check Till help centre for current support options
Wealthsimple offers support through its help centre and official contact channels.
Check Wealthsimple help centre for current support options
KYC Verification SpeedAccount activation timeline post-submission
Till KYC timelines depend on document quality and account type.
Verify current wait times in the Till app
Wealthsimple KYC timelines depend on document quality and account type.
Verify current wait times in the Wealthsimple app
Overall VerdictWealthBlueprint independent recommendation
Wealthsimple WINS with 4/5 stars vs 3/5.

Why: Wealthsimple excels at Canadian investors and US expats wanting automated ETF portfolios, socially responsible investing, crypto, and tax-optimized accounts with human advisor access.

✓ Choose Wealthsimple if Canadian investors and US expats wanting
➜ Till is still solid for Customers looking for financial services
Official WebsiteVisit platform to sign up or verify current fees
Visit Till ↗ Visit Wealthsimple ↗
WealthBlueprint Verdict Summary
Till — Best For
Customers looking for financial services solutions
✓ Strong in its core category
Wealthsimple — Best For
Canadian investors and US expats wanting automated ETF portfolios, socially responsible investing, crypto, and tax-optimized accounts with human advisor access
✓ Strong in its core category

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