Newton vs Wealthsimple Crypto: Fee Comparison for 2026

Newton charges 1.0%-1.6% in trading fees depending on the coin. Wealthsimple charges 1.5%-2% for Core users.¹² On a $1,000 Bitcoin purchase, you’d pay roughly $11 on Newton versus $17.50 on Wealthsimple - a savings of about $6.50 per trade.

Wealthsimple offers convenience through its all-in-one ecosystem (stocks, crypto, cash, tax filing). Newton offers lower costs, more coins, and better staking rates. This guide breaks down when each platform makes sense.

What’s the actual fee difference?

Newton’s fees are roughly 25-40% lower than Wealthsimple’s for most users.

Newton’s fee structure (by asset tier):¹

• Tier 1 (BTC, ETH, USDC): 1.00%-1.15%
• Tier 2 (LTC, SOL, XLM): 1.25%-1.45%
• Tier 3 (all other coins): 1.50%-1.60%

Wealthsimple’s fee structure (by account tier):²

• Core (under $100K): 1.75% baseline
• Premium ($100K+): 1.0% baseline
• Generation ($500K+): 0% baseline

Here’s what that looks like on actual trades:

Annual impact: If you buy $1,000/month in crypto, you’d pay $132/year on Newton versus $210/year on Wealthsimple Core - saving $78 annually.

The Fee Rebate perspective: Newton’s $25 sign-up bonus covers roughly $2,300 in trading fees at their ~1.1% rate. Combined with the $78 annual savings, switching from Wealthsimple to Newton puts you $103 ahead in year one.

How do staking rewards compare?

Wealthsimple takes a 20-30% cut of staking rewards. Newton takes 15% on ETH.³⁴

This difference compounds over time. On a coin paying 5% APY:

Annual impact on $10,000 staked:

• Newton: ~$425 in rewards
• Wealthsimple Core: ~$350 in rewards
• Difference: $75/year

Newton also offers staking on more assets (ETH, SOL, ADA, DOT) while Wealthsimple’s staking options vary.

Can you withdraw crypto to your own wallet?

Both platforms support crypto withdrawals, but Newton offers more network options.⁵⁶

Newton’s multi-network support is a significant advantage if you use DeFi protocols or want to minimize gas fees. You can withdraw USDC via Solana or Polygon for pennies instead of paying Ethereum gas fees.

How many cryptocurrencies does each platform support?

Newton supports 70+ coins. Wealthsimple supports 50+.⁷⁸

Both platforms cover the major cryptocurrencies. Newton has a slight edge in altcoin selection, particularly for smaller-cap coins and meme tokens.

For most investors, both platforms have sufficient selection. Newton’s advantage is more pronounced for users wanting access to newer or smaller tokens.

The ecosystem trade-off

Wealthsimple offers stocks, crypto, cash accounts, and tax filing in one app. Newton is crypto-only.⁹

If you value having everything in one place, Wealthsimple’s ecosystem is genuinely convenient. You can see stocks and crypto together, file taxes through the same app, and manage all finances with a single login.

Newton requires separate apps for stocks and other investments. The trade-off is lower crypto fees.

Is Newton or Wealthsimple safer?

Wealthsimple is a larger, older company with CIRO registration. Newton is registered as a Restricted Dealer with the OSC.¹⁰¹¹ Both are safe, regulated options.

Wealthsimple’s size and CIRO registration (a higher regulatory tier) give some users more confidence. But Newton’s Coinbase Custody partnership and clean security record make it equally trustworthy for crypto holdings.

Who should use Newton vs Wealthsimple?

Choose Newton if you:

• Trade crypto actively (monthly or more)
• Want to maximize staking rewards
• Plan to withdraw crypto to external wallets or DeFi
• Prioritize low trading costs over convenience

Choose Wealthsimple if you:

• Want stocks and crypto in one app
• Trade crypto infrequently
• Have $100K+ with Wealthsimple (Premium tier reduces fees)
• Value the integrated ecosystem (cash account, tax filing)
• Don’t plan to withdraw crypto to external wallets

Use both if you:

• Want Wealthsimple for stocks/TFSA/RRSP
• Want Newton for crypto (lower fees)
• Can manage two apps

Frequently Asked Questions

Is Newton cheaper than Wealthsimple for crypto?

Yes, for most users. Newton charges 1.0%-1.6% versus Wealthsimple’s 1.75% for Core users. The gap narrows if you have $100K+ with Wealthsimple (Premium tier at 1.0%).

Does Wealthsimple have hidden fees on crypto?

The 1.75% trading fee is disclosed, but some users don’t realize how much it costs on larger trades. On $10,000 in annual trades, you’d pay $175 on Wealthsimple Core versus ~$110 on Newton.

Can I transfer crypto from Wealthsimple to Newton?

Yes. Withdraw crypto from Wealthsimple to an external wallet, then deposit to Newton. This is useful if you want to sell at Newton’s tighter spreads or access coins Wealthsimple doesn’t list.

Which platform has better staking rates?

Newton offers better net yields because Wealthsimple takes a larger cut (20-30% vs 15%). On a coin paying 5% APY, you’d earn ~4.25% on Newton versus ~3.5% on Wealthsimple Core.

Is Wealthsimple safer than Newton?

Both are regulated and safe. Wealthsimple is larger and has a longer track record, which some users find reassuring. Newton uses Coinbase Custody, an institutional-grade solution. Neither has been hacked.

Should I use Newton if I already use Wealthsimple for stocks?

It depends on how much crypto you trade. If you buy crypto occasionally and value having everything in one app, Wealthsimple’s convenience might be worth the fee premium. If you trade monthly or more, Newton’s savings add up quickly.

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• Is Newton Safe?
• Newton Referral Code 2026