EasyEquities provides investors with a diverse range of asset classes, including equities, ETFs, cryptocurrencies, properties, and retirement annuities, all accessible through a single platform.

This consolidation simplifies portfolio management and offers several advantages:

• Comprehensive Portfolio Overview: By centralizing investments, users can easily monitor and manage their diverse holdings, ensuring alignment with financial goals.
• Cost Efficiency: Managing investments through a single platform can reduce fees associated with multiple accounts across different institutions.
• Simplified Tax Reporting: Consolidation facilitates easier tracking of investment performance and income, streamlining the tax reporting process.

While EasyEquities offers these benefits, it’s important to note that the platform’s research tools are limited to stock analyses and basic charting tools. Additionally, the available asset classes are primarily stocks and ETFs. Investors should be aware of the annual and lifetime contribution limits for Tax-Free Savings Accounts (TFSAs) to avoid penalties. EasyEquities provides information on these limits and ensures that users do not exceed them within the platform.

In summary, EasyEquities offers a platform that allows investors to manage a diverse portfolio across multiple asset classes, providing tools and resources that facilitate investment management and tax reporting. However, investors should be aware of the platform’s limitations in research tools and the range of available asset classes.