Looking for a Wealthsimple referral bonus? Right now, as part of an ongoing promo, when you invite a friend to Wealthsimple, both you and your referred friend can earn a $25 cash reward when they sign up and fund any Wealthsimple account with at least $100.
Once the bonus is applied, you must claim it within 30 days in the app. The cash reward can be deposited into Self-Directed Investing, Cash, Crypto, or Managed Investing accounts.
Wealthsimple is a Toronto-based online financial platform offering a range of investing, savings, and crypto services with low fees and no account minimums. To date, over 3 million Canadians use Wealthsimple, which now has over $50 billion in assets under management, with $1 million CDIC coverage on eligible deposits. Management fees are 4x lower than the average Canadian mutual fund.
You manage your account through the Wealthsimple app and its desktop website. It provides two main ways to invest, both with options to set up automatic recurring deposits that will invest:
Wealthsimple Managed Investing is an automated investing service where a team of experts manages your money using a diversified portfolio of low-fee ETFs. This is a great option if you prefer a hands-off investing approach with automatic rebalancing and no trading decisions to make. If you’re new to investing, this makes it incredibly easy to get started.
For those who prefer full control over their investments, Wealthsimple Self-Directed Investing allows you to buy and sell thousands of stocks and ETFs on major Canadian and U.S. exchanges. The platform offers zero trading commissions and no account minimums, making it an attractive choice for both beginners and experienced investors. You can day trade and pay zero fees, unlike other online brokerages from big banks. From here, you could just invest in low-fee ETFs in the S&P 500 for example, or pick stocks of your choice (not financial advice!)
Wealthsimple offers a variety of registered and non-registered accounts, including:
For those into crypto, Wealthsimple makes it easy to buy and sell over 70+ cryptocurrencies and also ensure that your holdings remain safe.
The Wealthsimple referral bonus is an easy way to earn $25 while exploring one of Canada’s top investment platforms. Whether you’re looking for automated investing with Wealthsimple Managed Investing or prefer to trade stocks and ETFs yourself with Self-Directed Investing, Wealthsimple offers a flexible and low-cost way to grow your money.
Click here to take advantage of the referral promo before it ends and start investing with Wealthsimple today.
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