Wealthsimple Trade Referral Code + $50 Bonus

December 2, 2022
Blog

Wealthsimple Trade is a Canadian trading platform that belongs to Wealthsimple, Canada’s most popular no-fee Robo advisor for wealth management. It has many interesting features like a third-party custodian for increased safety, 0 deposit or withdrawal fees, and a user-friendly user interface.

Wealthsimple has a referral for new traders: by using the referral link (or our referral code YOREOYSTER), you will receive $50 after funding your account with at least $150. You will also receive your referral code, which you can use to invite friends and earn $50 for each one that signs up.

Alternatively, if you’re looking for the best way to invest in crypto in Canada, I recommend Kraken, my #1-ranked cryptocurrency exchange. Kraken has over 10 million satisfied users, offers the lowest trading fees in Canada by a mile, and is offering a $10 signup bonus (no referral code required) from now until April 20, 2024.

How To Use Your Wealthsimple Trade Referral Code

Wealthsimple Trade has a referral program for new traders. When you sign up with Wealthsimple using our referral link (or our referral code YOREOYSTER), you will receive a bonus of $50 after you fund your account for $150 and make your first trade. You can also start referring friends using your referral code; you can earn up to $50 for every referral after they fund their account.

To use the promo code: 

  • Visit Wealthsimple Trade‘s page. Click on the Get Started button. 
  • Download the app by clicking the Get The App button.
  • Fill in some basic information.
  • Confirm your citizenship – keep in mind Wealthsimple is only available for resident Canadian citizens.
  • The last step is to fund your account. You can start trading immediately

What Is Wealthsimple Trade?

Wealthsimple Trade is among the biggest trading platforms in Canada. It is part of the Wealthsimple family, including Wealthsimple Crypto, Invest, and Cash. It offers commission-free trading of stocks and ETFs, and it's currently the best trading platform for veteran and beginner investors alike. With Wealthsimple Trade, you'll be able to trade everything from mutual funds to Real Estate Investment Trusts to penny stocks, both using day-trading strategies or any other strategy you choose.

It’s worth considering signing up for Trade Premium; for only $3/month, you get real-time market data on all Canadian stocks.

Trade crypto with the lowest fees

Kraken is our #1-rated, fully secure crypto platform. With the lowest total fees in the industry (less than 0.2%) and 24/7 customer support, Kraken is our #1-rated crypto exchange.

Claim your account by April 20, 2024 to get exclusive access to this special deal.

Wealthsimple Trade Features

Some of the best Wealthsimple features include:

  • No minimum starting investment.
  • Highly-rated app.
  • Low fees.
  • Open access to financial advisors on-demand.
  • Access to stocks and ETFs listed on North America’s biggest exchanges.
  • Access to fractional shares.
  • With the premium version, you can access real-time quotes (as opposed to 15 min delayed quotes for free accounts).

Wealthsimple Trade Fees

Wealthsimple charges fees based on the total amount held in y our account:

  • Basic Account, less than $100,000 – 0.5%/year
  • Black Account, between $100,000 and $500,000 – 0.4%/year
  • Generation Account, over $500,000 – 0.4%/year

How To Sign Up With Wealthsimple Trade

#1 Visit Wealthsimple Trade‘s page. Click on the Get Started button. 

#2 Download the app by clicking the Get The App button.

#3 Fill in basic information like name, email, phone number, and address.

#4 Confirm your citizenship – keep in mind Wealthsimple is available for resident Canadian citizens only.

#5 Confirm your address and your employment

#6 The last step is to fund your account. You can start trading as soon as you fund it.

Wealthsimple Trade Referral Program

After creating your Wealthsimple Trade account, you will receive your referral link. You can find it by clicking the gift box icon at the top. Whenever one of your referrals signs up, you will both receive a $50 bonus after they trade $150. You can:

  • Share your code via text, email, or your social media audience.
  • There’s no limit to how many people you can invite.

Is Wealthsimple Trade Safe & Legit?

All funds held in any Wealthsimple account are regulated, protected and insured for up to $100,000 by the CDIC.

In Summary

Wealthsimple Trade is a Canadian trading platform that belongs to Wealthsimple, Canada’s most popular no-fee Robo advisor for wealth management. It has many interesting features like a third-party custodian for increased safety, 0 deposit or withdrawal fees, and a user-friendly user interface.

Wealthsimple has a referral for new traders: by using our referral link, you will receive $50 after funding your account with at least $150. You will also receive your referral code, which you can use to invite friends and earn $50 for each one that signs up.

Cryptocurrency Signup Bonuses In Canada

  • Bitbuy: $50 bonus after depositing $250 or more
  • Newton: $25 bonus after depositing $100 or more
  • VirgoCX: $20 bonus after depositing $100 or more

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