Contents of this article:
- Top Benefits of Linking Your Broker to Simply Wall St
- Understanding Broker Linking and FAQs
- How to Link Your Brokerage Account
Top Benefits of Linking Your Broker to Simply Wall St
- Automatic daily updates: Your portfolio stays current with no effort.
- Extensive broker coverage: We cover most US and Canadian brokers, with some international brokers available and more being added soon.
- Detailed returns (coming soon): Track unrealised, realised, dividend, and currency gains automatically. This feature depends on your broker providing transaction history, but soon you’ll be able to manually upload your history as well.
Understanding Broker Linking and FAQs
Linking a broker allows a seamless updating between your broker account and your Simply Wall St account. This integration simplifies tracking your portfolio performance without the need for frequent manual input, making it easier for users to stay on top of their investments. Through broker linking, portfolio information is securely synced daily, ensuring that your portfolio is always up to date.
At Simply Wall St, your financial security is our utmost priority.
Firstly, we want to emphasise that we do not store your broker login information on our platform.
Furthermore, it’s important to note that Simply Wall St does not have the capability to execute buy, sell, or withdrawal transactions. We operate with the highest level of caution by partnering with specialised third-party services that adhere to industry-standard encryption and security practices.
In the unlikely event of a platform breach, your brokerage accounts remain safeguarded. Our approach involves relying on anonymous authorisation tokens, ensuring that even in cases of unauthorised access, no login credentials can be retrieved.
Your trust matters to us. We remain dedicated to upholding the strictest security measures to ensure the complete safety of your financial information. If you have further questions or concerns, our support team is here to assist you.
You can link multiple brokers or portfolios to your account to have a consolidated view of your investments across different brokers. However, only one broker login account per broker can be linked at a time.
Here are the simple steps to start linking another broker:
- Make sure to be logged in first to your Simply Wall St Account.
- Proceed to the Portfolios tab and click on the “New Portfolio” button at the right corner of the page. You can also go directly to the linking page by clicking here.
- You will be prompted with security reminders. Just click on the Continue button to proceed
- Enter the required credentials.
We update portfolio information at least once daily to ensure your data reflects the latest market activity and account transactions. Please allow a few hours for this process to capture and sync any new data from your brokerage account.
Editing portfolios is only available for manually created portfolios. Linked portfolios, on the other hand, are automatically synced with your brokerage account and cannot be manually modified. This ensures that all data in linked portfolios remain accurate and up to date based on your broker’s data.
More information about this can be found in the succeeding section here.
How to Link Your Brokerage Account
Prerequisites for Broker Linking: What You Need Before You Start
Ensure you have the correct login credentials ready. Some brokers may require credentials different from your standard email and password. Please carefully follow the provided instructions during setup to enter the appropriate details.
Supported Brokers and Country Availability
Linking facility is made accessible to all users globally with most brokers available for linking.
For the list of brokers, you can visit the portfolio page here to see if your broker is available for linking. In case your broker is not available, you will also have the option to easily create a manual portfolio.
Please keep in mind that the portfolio information we provide relies on data obtained from your broker. Changes on their end may sometimes disrupt the service temporarily. Rest assured that we are continuously working to ensure seamless data synchronisation and provide the most accurate and timely information possible.
How to Link Your Broker Account to Simply Wall St: Step-by-Step Instructions
Here are the simple steps to start linking your portfolio:
- Make sure to be logged in first to your Simply Wall St Account.
- Proceed to the Portfolios tab and on the “Sync your broker”, type your broker’s name into the search field, or click on your broker if it is listed among the Top Brokers in the left corner of the page. You can also go directly to the linking page by clicking here.
- You will be prompted with security reminders. Just click on the Continue button to proceed
- Enter the required credentials.