Wealthsimple Trade is Canada’s only brokerage platform offering commission-free stock trading. However, free stock trading is not the only attraction of this platform.
Sign up via our exclusive Wealthsimple Trade referral link and you will receive a $25 cash bonus after you deposit at least $150.
No referral code or promotional code is required to redeem this offer.
You can also access exclusive promotional offers by opening a Wealthsimple Invest or Wealthsimple Crypto account. These Wealthsimple promotional offers and transfer fee discounts add up to a value of up to $175. See below for what is available.
Wealthsimple Trade Promo and Referral Code (up to $175 back)
Wealthsimple Trade allows you to buy thousand of stocks and Exchange-Traded Funds (ETFs) for free.
You can use either a personal non-registered account or save on taxes by opening a TFSA or RRSP account.
New clients who open an account using our Wealthsimple Trade link get a $25 bonus (exclusive offer).
In addition, you also get a transfer fee rebate of up to $150 when you transfer your existing investment account to Wealthsimple. This means you could potentially save/earn up to a total of $175.
The promotional code is automatically applied with the above links. Note that the $25 cash bonus shows up in your account after you have deposited at least $150 within 45 days of account opening.
Wealthsimple Trade Free Stock Promotion (Up to $3,000 Value)
New Wealthsimple Trade clients are entered into a free stock promotion and can earn free stocks worth up to $3,000.
After opening your account, fund it within 30 days. A cash bonus is randomly awarded and it is worth up to $3,000 (note that most people will earn no more than $5 or $10).
There is a limit of 1 entry per user.
You can only take advantage of one Wealthsimple Trade offer i.e. either the flat $25 promotion or the free stocks offer.
Wealthsimple Invest Promo (Up to $175 back)
If you prefer someone else to manage your investments, the Wealthsimple Invest robo-advisor service may be for you.
Wealthsimple Invest puts your investment portfolio on auto-pilot using low-cost ETFs, automatic rebalancing, Nobel Price-winning investment strategies.
The accounts available include RRSP, TFSA, RESP, RRIF, LIRA, personal, Joint and business investment accounts.
This service also offers free financial advice.
When you open a new managed account using our exclusive Wealthsimple Invest link, you get a $25 cash bonus.
In addition to this, new clients get a transfer fee rebate of up to $150 when they move their accounts from another bank.
Note that the $25 cash bonus is applied to your account after you fund it with at least $500.
Also, transfer fee rebates only apply when the account you are transferring to Wealthsimple is greater than $5,000.
Wealthsimple Crypto Promotion ($25 bonus)
Wealthsimple Crypto is one of the best cryptocurrency trading platforms for beginners. You can use it to trade Bitcoin, Ethereum, and many other coins instantly while paying competitive fees.
Also, it is available on all devices – PC, iOS, and Android.
When you open a new account using our exclusive Wealthsimple Crypto link, you receive a $25 cash bonus. Note that you must deposit at least $150 to get the bonus.
Wealthsimple Crypto is the only regulated crypto platform in Canada, however, digital currencies do not currently enjoy CIPF protection unless you purchase a Crypto ETF.
Wealthsimple Cash Promo
You can use the free Wealthsimple Cash app to send and receive money from friends and family within seconds. It has no monthly fees and also offers a free prepaid card referred to as the Wealthsimple Cash Card.
This prepaid card offers up to 5% cash back when you purchase food and drinks.
There are also plans to improve the Cash offering by adding free ATM withdrawals, zero foreign exchange transaction fees, and direct deposits.
You can easily move funds from your Wealthsimple Cash account to Wealthsimple Save where you earn 1% interest on your savings.
Learn more about the app in this review and how it is a great Venmo alternative for Canadians.
The $1 to $25 Wealthsimple Cash is no longer available.
Conclusion
Opening a Wealthsimple Trade Account is super-easy and you can start trading stocks within minutes.
You don’t pay trading fees when you buy or sell which means you are saving up to $10 per trade compared to other discount brokerages.
Also, there are no account minimums. If you are new to cryptocurrency trading, you could try the Wealthsimple Crypto platform for easy 1-click trades.