Moka

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Why Moka?

Moka is an investing app that gives Canadians the opportunity to reach their financial goals through automatically rounding up every transaction individuals make and investing that spare change. Start living the life you want by building easy wealth through Moka.

FAQs about Moka

What is Moka?

Moka is an investing app that gives Canadians the opportunity to reach their financial goals through saving more and spending less by automatically rounding up every transaction you make and investing that spare change.

Why should I use Moka?

If you're new at investing, Moka is ideal for you as it was created to guide individuals step by step through their your first investment experience. For example, Moka simplifies this process by putting your money in pre-defined ETF portfolios which is a good start to building your wealth.

How much does Moka cost?

Moka offers one great plan that costs $7 per month which allows for automatic savings and investments. It has automated saving features, unlimited tax-free investment accounts and investing perks.

Who will manage my money at Moka?

If you decide to join Moka, your money will be managed by a registered Canadian portfolio manager at Tactex Asset Management who is involved in managing over $215 million in client assets. Moka also has a team of portfolio managers who carefully works with the investment of spare changes from Moka users.

Is my money safe with Moka?

As you may already know, any investment will have some level of risk. The only difference with Moka is that, they will invest your money in a low-cost EFT so that your investment is less volatile in comparison to other stocks. The EFTs that are held in Moka are insured by the Canadian Investor Protection Fund. Additionally, Moka is also audited by an international accounting firm every year.

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