Automate getting rich

10,000+ 5 star reviews

The easy way to achieve financial freedom.

  Alex • On track for $1.1M

  Patrick • On track for $2.9M

  Sam • On track for $12M

Building wealth isn't as complicated as the "experts" say it is. It just comes down to investing early, consistently, and passively. We believe that getting rich should be accessible to all. That's why Moka is designed to make it easy for everyone to reach financial freedom. What is your financial freedom number?

Financial freedom or work forever?

Invest $50 per week

Total amount invested: $101,920

This tool uses assumes a 10% gross return based on the S&P's average annual return to illustrate the impact of fees. This assumed return is not indicative of either Moka or Mutual Funds past performance and is not meant as an expectation of future performance.

The total investment figure for Moka factors a deduction of the $4.99 monthly fee by reducing the weekly contributions from the slider by $1. It also factors a deduction of 0.09% from the gross 10% rate due to the average weighted MERs of the underlying ETF funds contained in the Moka Equity Growth portfolio based on the asset mix of these ETFs in the portfolio at April 10, 2023.

The total investment figure for Mutual Funds factors a deduction of a 2% MER from the gross 10% rate based on the 2019 IFIC Report "Monitoring Trends in Mutual Fund Cost of Ownership and Expense Ratios", which found the average total Cost of Ownership of mutual funds in Canada to be 2.10%. There is no amount deducted from the weekly deposit amount in this case.

The assumed savings account rate used in this graph is 1.5% which is higher than the rates offered based on our review of 16 savings accounts from the 5 largest banks in Canada. The approximate average interest rate offered is 0.83%, excluding promotional rates; this research was compiled on April 10, 2023.

This tool is provided for illustrative purposes only and is a not indicative of the performance of either Moka portfolios, mutual funds, or savings accounts

  • Moka
    $ 1,133,879
  • Mutual Funds
    $ 697,900
  • Savings account
    $ 142,064
40 years

40 years

Many Canadians can't retire

62% of Canadians are concerned they won't have enough money to retire, and this graph illustrates why. Canadians invested over $2 trillion in mutual funds and the majority of them are paying fees that average around 2%, which seriously undermine their investment returns. The exact same long-term investment can turn into almost double the money with Moka compared to mutual funds because of the fees.

This tool is provided for illustrative purposes only and is a not indicative of the performance of either Moka portfolios, mutual funds, or savings accounts.

Proven long-term investment strategy

Rather than trying to time the market or guess which stocks are going to win big, investing early, often, and consistently with a portfolio of index funds is a tried and true investment strategy.

The S&P 500 is an index that lists 500 of the largest companies in the United States. Though the S&P 500 has observed several declines in its history, it has always bounced back, bigger and better than before. Even legendary investor Warren Buffett recommends it. In fact, less than 10% of professional money managers beat the S&P 500 over the long run.

Fees matter, a lot

When you're investing for your future, fees matter a lot. Many mutual funds charge 2% fees, and many financial advisors charge a 1% fee. This may not sound like much, but a long time horizon means that percentage fees will compound and undercut your returns by a lot.

Compound interest is the eighth wonder of the world

The power of compound interest shows how you can really put your money to work and how the long time horizon can get you rich. When you earn interest on your investment, that interest then earns interest on itself and this amount is compounded.

$1.2M net worth would put you in the top 1% in the world

Know you're becoming a millionaire while crushing your other money goals

Personalized investments managed by pros

Everyone has different financial goals. Whether you're investing over a long time horizon towards a goal like financial freedom, or over the short term for a goal like your very first down payment on a home, your experienced portfolio manager will select the perfect portfolio for you and manage your investments every step of the way.

Got tons of goals? Don't sweat it.

Want to go on a vacation? Don’t just put it on credit and wind up in debt. Moka makes it easy to save up for the things you want, fast.

Alongside your long-term wealth-building journey, you can set up as many savings goals as you’d like with no additional fees. Moka’s short-term portfolios are more protected from market volatility, helping you grow your money with less risk.

A typical savings account offers just 1.5% interest on your money. Moka's savings portfolio sees a current yield of 4.86% on terms of one year or less, earning you almost double the return. 1

Positive impact with every investment

Every automated weekly deposit of yours makes a positive impact—removing 50 lbs of CO2. As part of Mogo, Moka users contribute to the restoration of Canadian forests simply by investing and saving towards their goals with Moka! To date, our community’s efforts have led to the replanting of over 300,000 trees across Canada.

Accounts that fit your goals

A Tax Free Savings Account lets you build wealth tax free on the gains that you earn over time.

A Registered Retirement Savings Plan lets you defer and decrease your taxes for when you retire.

Non-registered account
A Non-registred personal investment account is a taxable account where you can continue to invest after maxing out your RRSP and TFSA accounts.

Peace of mind, at all times

Access your money any time

With Moka, you're never locked in. You can withdraw your money at any time, for free.

Talk to a human, any time

Got questions about your money? We can help. Reach out to speak with one of Moka's (human!) portfolio managers whenever you need.

Your money is safe

Your RRSP and TFSA investment accounts have CIPF coverage which covers up to $1M for all general accounts combined (including TFSAs) and an additional $1M for registered retirement accounts (like RRSPs).

Start getting rich with Moka

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