App Exclusive: $150 GeniusCash on the #1 no FX fee Visa in Canada!
moneyGenius Team
Written and Edited By
Jon Macleod
Expert Reviewed By

Using a Wealthsimple referral code is an easy way to make your brand new investment account work harder for you.

All you have to do is use specific links or input a promo code while signing up, then deposit a certain amount of money in your new account. Once that’s done, you could get up to $ added right to your balance.

Use any of these 3 links for a N/A Wealthsimple bonus: Wealthsimple Trade, Wealthsimple Invest, Wealthsimple Crypto

Interested in learning more about how to get an extra bonus with your Wealthsimple account? Here’s your full guide.

How to find a Wealthsimple referral code

As for most things these days, you can find referral codes for many types of products just by searching for “[Product name] referral code” on your favourite search engine.

When it comes to Wealthsimple, their referral codes usually come in 2 different forms:

  • A text promo code you input manually when you’re signing up for your account.
  • A special link that automatically applies the promo code when you sign up through the landing page.

In either case, you may get different amounts depending on where the code is from.

Below, you can find referral codes for 3 of Wealthsimple’s products. Each of these are the special link format, which means all you need to do is make sure you sign up through the landing page the link takes you to. No manual promo code necessary.

Wealthsimple Trade referral code

The first Wealthsimple referral code is for their online broker, Wealthsimple Trade.

Click here to get N/A when you fund just N/A.

Wondering what opening a Wealthsimple Trade account will do for you?

This online broker takes “discount” to the next level – since you get commission-free stock trading.

That means every time you want to buy and sell a stock or ETF through your account, you don’t have to worry about paying up to $10 in fees (which is what most big bank brokers charge).

And with a sleek user experience, you won’t get lost trying to navigate the app, making it easy to earn money, even for beginners.

Learn more here:

Minimum Investment
$$1
Maximum Stock Fee
$0
Maximum ETF Fee
$0
Account Maintence Fees
$0
1.8 Genius Rating
3.0 (21) User Reviews

While you may have heard of Wealthsimple, did you know that Wealthsimple also offers Wealthsimple Self-Directed Investing? And it’s a little different. They advertise it as “a simpler way to trade,” and it’s hard to argue with that. You can only open a handful of account types. You can trade stocks, ETFs, options, margin, and corporate products on Canadian and U.S. exchanges. And that’s about it.

Pros
  • Well designed and easy to use app
  • Trade on Canadian and U.S. exchanges
  • CIPF protection up to $1,000,000
  • No minimum account balance
Cons
  • Market + 1.5% fee for currency conversion
  • There are some fees for particular things
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
No commission, maintenance or withdrawal fees + Easy to use.
Special Features
  • Focus on simplicity and ease of use
  • Search and track stocks with a watchlist
Types Of Accounts
  • Personal
  • TFSA
  • RRSP
  • LIRA
  • FHSA
  • RESP
  • RRIF
  • Non-registered
  • Corporate
  • Margin
Types Of Investments
  • Stocks
  • ETFs
  • Options
  • Crypto
  • Margin
Minimum Investment
$$1
Email Support
No
Live Chat Support
Yes
Phone Support
See Issuer for Details
Minimum Stock Fee
$0
Maximum Stock Fee
$0
Minimum ETF Fee
$0
Maximum ETF Fee
$0
Active Trader Stock Fee Per Trade
N/A
Cover Transfer Fees?
Yes
Minimum Deposit To Cover Transfer Fee
$25,000
Maximum Covered Transfer Fee
N/A
Withdrawal Fees?
Yes
Account Maintence Fees
$0
Inactivity Fee Amount
$0
Promotion Description
N/A
Promotion Max Value
N/A
Promotion Requirements For Max Value
N/A
Promotion End Dates
N/A
 

Wealthsimple Invest referral code

If you’d rather set your investments on autopilot, there’s a Wealthsimple Invest referral code as well.

Click here to get $25.

With this robo advisor account, all you need to do is answer a few questions to determine your goals and risk tolerance. You’ll then be matched up with a portfolio that will automatically be rebalanced and managed by an algorithm.

So basically, it’s a set-it-and-forget-it way to invest.

Learn more about this robo advisor here:

Minimum Investment
$0
Minimum Fees
0.2%
Maximum Fees
0.5%
Withdrawal Fees?
$0
3.4 Genius Rating
3.5 (4) User Reviews

Wealthsimple managed investing is a robo advising investment platform from one of Canada's favourite online brokerages, Wealthsimple. It offers a hands-off investment experience with no paperwork and no account minimums – a huge draw for anyone who's new to the world of investing or simply trying to make smart choices with minimal funds.

Pros
  • Easy to understand fees
  • The set-and-forget-it simplicity
  • A good array of account types that can grow with you
  • Extraordinary security for your money and accounts
  • Grow into Wealthsimple Premium
  • Socially responsible and Halal investment options available
Cons
  • Higher account management fees
  • Limited tools
  • Talking to a human can be tricky
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
Get $25 + Set-it-and-forget-it simplicity.
Special Features
  • Provides socially responsible and Halal investment options
  • Can connect your account to Mint for easy budgeting
  • Get a dedicated team of advisors if you have more than $500,000 in assets
Types Of Accounts
  • RRSP
  • TFSA
  • Personal
  • RESP
  • RRIF
  • LIRA
  • Joint
  • Business
  • FHSA
Minimum Investment
$0
Minimum Balance For Minimum Fee
$10,000,000
Minimum Deposit To Cover Transfer Fee
$15,000
Socially Responsible Investing Options
Yes
Email Support
Yes
Live Chat Support
Yes
Phone Support
Yes
Average MER
0.31%
Minimum Fees
0.2%
Maximum Fees
0.5%
Cover Transfer Fees?
Yes
Maximum Covered Transfer Fee
$150
Promotion
$25
Promotion End Date
N/A
 

Wealthsimple Crypto referral code

Lastly, you can also get some extra cash when signing up for Wealthsimple Crypto.

Click here to get $25 when you fund just $150.

If you want some skin in the game when it comes to cryptocurrency but hate the steep learning curve it involves, this crypto exchange is one of the easiest to wrap your head around in the country.

With over 30 cryptocurrencies supported, including some of the biggest names like Bitcoin and Ethereum, you have plenty of options to get started.

Learn more here:

Estimated # Of Supported Cryptocurrencies
100+
Supports CAD?
Yes
Standard Maker Fee
0.5%
Standard Taker Fee
0.5%
4.7 Genius Rating
1.0 (1) User Reviews

If you've ever wanted to get into the world of cryptocurrency trading but weren't quite sure where to start, Wealthsimple Crypto is designed for you. Wealthsimple Crypto supports 100+ cryptocurrencies – including Bitcoin, Ethereum and Solana. And while they charge higher transaction fees than other exchanges, the simplicity of Wealthsimple Crypto might be worth it.

Pros
  • Incredibly easy to get started
  • Designed by and for Canadians
  • Ties directly to your Wealthsimple account
  • Easy to understand transaction fees
Cons
  • Higher transaction fees than some other options
  • Lacks advanced trading features
Provinces
ALL
Eligibility
  • Be a Canadian citizen, Canadian resident, or have a valid Canadian visa
  • Meet the minimum age requirement set by your province
  • Have a Social Insurance Number (SIN)
  • Have a Canadian residential address
  • Satisfy identity verification requirements
Why You Want It
Get $50 when you fund your account with $500 + Commission-free trades.
Special Features
  • Quick and easy sign up
  • No account minimums
  • Simple and transparent pricing
  • No fees to deposit or withdraw
  • Extensive cold storage insurance coverage
Estimated # Of Supported Cryptocurrencies
100+
Supports Bitcoin?
Yes
Supports Ethereum?
Yes
Supports Litecoin?
Yes
Supports XRP?
Yes
Estimated # Of Supported Fiat Currencies
1
Supports CAD?
Yes
Supports USD?
No
Standard Maker Fee
0.5%
Standard Taker Fee
0.5%
Active Trader Discounts Available?
No
Interac E-Transfer Deposit Fee
N/A
Wire Transfer Deposit Fee
0%
Available On Desktop?
Yes
Available On IOS?
Yes
Available On Android?
Yes
Offers Staking
Yes
 
250+ pages of money-saving tips for FREE
Your one-stop-shop for all the practical tips you need.
Join over 50,000 Canadians
Subscribe to our weekly newsletter and stay in the know.
Get up to $250 in GeniusCash cash back<sup>*</sup>
Get paid real cash when you find the best financial products for you.

Is a Wealthsimple referral code safe?

As good as these bonuses sound, you may be wondering what the catch is. Is it safe to input your personal info on a special landing page you arrived at from a 3rd party site? And what about Wealthsimple itself, is it a reputable company?

The answer to both of those questions is yes.

Though you should be cautious of special landing pages you may stumble across from suspicious links in spam emails, getting links from sites you trust is fair game. This is a common method in affiliate marketing – it works exactly the same as your favourite YouTuber’s sponsorship.

As for Wealthsimple itself, it is an accredited company that checks all the boxes in terms of security – including being a member of the Canadian Investor Protection Fund (CIPF) and Investment Industry Regulatory Organization of Canada (IIROC) dealer.

How to refer a friend to Wealthsimple

Once you have a Wealthsimple Invest account set up, you’ll be able to generate your own Wealthsimple referral code links.

All you need to do is log in to your account, navigate to “Managed Investing & Save” in the dropdown menu, then click on “Rewards” on the top right corner.

There you’ll see instructions on inviting your friends directly through an email, or you can instead copy your personalized referral link and send it to them directly.

When your friend funds their account through your link, both of you will get $10,000 managed for free PER friend for 12 months.

Wealthsimple referral code for your friends

Will you take advantage of a Wealthsimple referral code?

Does a particular Wealthsimple referral code tickle your fancy?

Are you thinking about opening an account?

Let us know in the comments below!

FAQ

How to find a referral code for Wealthsimple?

You can find Wealthsimple referral codes on various financial websites, including this one. Get up to N/A on 3 Wealthsimple products with these referral codes.

How do I find my Wealthsimple referral code to give to my friends?

You can find your personalized Wealthsimple referral code by logging in to your account, going to your Wealthsimple Invest dashboard, then clicking “Rewards” in the top right corner. This will take you to the page with your referral code link and a place to refer friends via email as well.

Is a Wealthsimple referral code safe?

Yes, Wealthsimple is a trusted Canadian company that is known for giving referral codes to customers as well as affiliates in order to drum up more business for themselves. If you find a Wealthsimple referral code from a reputable website, or are given one from a friend, it’s likely legit. Just make sure the landing page has a padlock symbol in the URL if you want to be extra cautious.

My Wealthsimple referral code is not working – what should I do?

If you’ve received a Wealthsimple referral code, but don’t see any indication that the promotion went through, you may have used an expired link. Reach out to Wealthsimple customer service to see if the promotion is just taking a while to show up on your account.

If you liked this article and want more practical ways to save money every day, we've compiled our best tips all in one place.

Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.

Did you find this article helpful?
YesNo

Hot Money Deals This Month

Free Downloads

5 Best Ways To Redeem Your Air Miles PDF
Download Now

Leave a comment

Required fields are marked with *. Your email address will not be published.

Comments

Cancel
You can select up to 10 products to compare