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Wealthsimple

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Wealthsimple is a Canadian investing and money app regulated by CIRO, aimed at simple, low-cost investing and saving. Its standout promotion is a 1% cash match on investment-account transfers of at least $25,000, paid out in monthly installments over two years. It also runs a $25 referral bonus and a recurring Monthly Millionaire prize draw, where funding a chequing account earns sweepstakes entries rather than guaranteed cash.

Regulation

Canadian Investment Regulatory Organization · Tier-1 Canadian Investor Protection Fund · Tier-1
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Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.

Wealthsimple bonuses (3 active)

1 Contest
4.3

Wealthsimple Monthly Millionaire $1M Draw Contest

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CAD 1,175,000 pool

A monthly Wealthsimple sweepstakes where funding a chequing account earns draw entries for weekly cash prizes of $25,000 to $100,000 and a $1,000,000 grand prize, with realistic odds that are extremely long.

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2 Deposit match
3.4

1% Match on Account Transfers

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1% match up to CAD 20,000

Wealthsimple pays a 1% cash match on at least $25,000 of investment account transfers, deposited as 24 monthly installments to your chequing account.

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3 Referral
3.2

$25 Referral Bonus

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CAD 25

Refer a friend to Wealthsimple and you both get $25 CAD once they open a new account and deposit at least $100 within 30 days.

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