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Wealthsimple Trade Referral Bonus 2021 (Up to $9,000 Free)

David Morey December 7, 2021 5 min read
3055

Wealthsimple is the first Canadian robo-advisor to offer a referral program, giving users an incentive for recruiting new clients. Our exclusive bonanza lets you earn up to $9000 worth of free trades!

Wealthsimple is offering a $50 bonus to new clients who sign up for their service. To get the bonus, you must trade $1,000 or more in your first year of trading with Wealthsimple.

Take use of a legitimate Trade with Wealthsimple referral code or sign-up incentive to get the most out of your new stock trading account.

Wealthsimple Trade’s current referral incentive is worth up to $200.

You might also take advantage of the free stock offer and get two stocks worth up to $4,500 each.

Sign-Up Bonus ($200) at Wealthsimple Trade

You’ll get a $50 cash bonus when you sign up for a new Wealthsimple Trade account via this link.

Take the following actions to take advantage of this offer:

  • Create a new user account (offer not available to existing Wealthsimple clients)
  • Fill up your profile and use electronic money transfer to fill your account with cash.
  • Within 45 days after opening it, trade at least $150 in equities or exchange-traded funds (ETFs).
  • Within 7 business days, your $50 incentive will be added to your account.
  • Maintain your account for at least 6 months, fully financed and in good standing.

wealthsimple trade 50 dollar bonus df

You may transfer an existing investing account from another financial institution to Wealthsimple Trade.

They will reimburse you up to $150 in transfer expenses.

Up to $200 in incentives and offers are available to new customers ($50 sign-up + $150 transfer fee refund).

Get a bonus of $50.

Free Stock Promotion (Up to $9,000) at Wealthsimple Trade

Self-directed investors may earn two free stocks worth up to $4,500 each when they start a personal non-registered Trade account.

The following is how it works:

  • Use this link to create a new Wealthsimple Trade account.
  • The promotional code is applied instantly when you click on the above link.
  • Using an EFT transfer from your bank account, fund your new account with cash.
  • Within 7 days after achieving the qualifying condition, trade at least $150 in stocks to get two free stocks selected at random.

wealthsimple trade free stock offer DF

The value of the free stocks ranges from $5 to $4,500. So, with only two stocks, you may win up to $9,000 in extra money!

According to Wealthsimple, the majority of customers get a stock valued less than $50. (x2).

Residents of Quebec, however, are not eligible for the free stock offer; instead, they will get a $25 cash incentive.

2 Stocks for Free

You may only take advantage of one of these offers: a $50 bonus or two free stocks (not both).

What is Wealthsimple Trade and how does it work?

For Canadians, Wealthsimple Trade is a free stock trading app.

It’s one of the few trading platforms that lets you buy and sell stocks without having to pay a fee.

It also has a user base of over 1.5 million people and has just added fractional shares.

RRSPs, TFSAs, and personal non-registered investment accounts are among the accounts you may establish.

For individuals who desire real-time prices and quick deposits of up to $5,000, there is a premium version (Trade Premium).

The cost of this upgrade is $3 per month + tax.

Other Trade Bonuses from Wealthsimple

You may also receive cash incentives by creating additional Wealthsimple accounts, such as:

Open a robo-advisor (managed investing) account with Wealthsimple Invest and earn a $50 bonus after depositing your first $500.

Wealthsimple Crypto: The Wealthsimple Crypto app allows Canadians to purchase and trade more than 30 cryptocurrencies. When you exchange $150 in cryptocurrency, you’ll get a $50 bonus.

Wealthsimple Cash: Similar to the Cash App in the United States, Wealthsimple Cash is a free fast money transfer app. Use the coupon code XQYRET to get a $25 bonus when you join up.

Trade Referral Program (Up to $4,500) at Wealthsimple

Clients of Wealthsimple Trade may refer their friends, and if they join, you each receive a free stock worth up to $4,500.

Copy your Wealthsimple Trade promo code or referral link by clicking the Rewards” button and sharing it through email, text message, or social media.

Your referrals must fund their account within 30 days of it being opened.

Trade Fees at Wealthsimple

There are no trading commissions at Wealthsimple Trade. A $3 monthly fee is charged if you want Trade Premium.

When buying stocks and ETFs listed on US markets using Canadian dollars, there is a foreign currency conversion cost of up to 1.5 percent.

Is Wealthsimple Trade a secure platform?

Wealthsimple Trade is a secure platform. It is a member of the Canadian Investor Protection Fund (CIPF), which means your assets are secured against bankruptcy up to $1 million (via Canadian ShareOwner).

The organization is also a member of the Canadian Investment Industry Regulatory Organization (IIROC).

Wealthsimple protects your data/funds using bank-level encryption and is backed by some of the world’s leading financial organizations.

Frequently Asked Questions about Wealthsimple Trade

What is the procedure for receiving a Wealthsimple bonus?

To obtain a $50 bonus, sign up for a new Wealthsimple Trade account and trade $150 in equities.

How many complimentary stocks does Wealthsimple provide?

When you join up via this post’s stock offer, you’ll earn two free stocks worth up to $4,500 each. You will get one free stock if you join up via a “Refer a Friend” link or campaign.

Is Wealthsimple a decent day trading platform?

For day trading stocks, Questrade is a superior stock trading app.

Is Wealthsimple Trade a genuine company?

Wealthsimple Trade is owned by a real firm that has over 1.5 million members and manages over $10 billion in assets.

Related:

Wealthsimple Trade

Free

wealthsimple trade 50 dollar bonus df

User-friendly design

10.0/10

Pros

  • Trading with no commissions
  • Platform that is simple to use
  • Authentic platform

Watch This Video-

Wealthsimple is an online investment platform that allows users to invest in stocks, ETFs, and more. Wealthsimple offers a referral bonus for new signups. The “wealthsimple referral code reddit 2021” is the link for the offer.

Frequently Asked Questions

How do I get my referral bonus from Wealthsimple?

A: To get your referral bonus, all you have to do is use the link that comes in an email after signing up for Wealthsimple.

How can Wealthsimple offer free trades?

A: Wealthsimple is offering free trades because they are a robo-advisor. Robo advisors offer expert financial advice in the form of automated investment portfolios that can be customized to suit your needs and risk tolerance. Their diverse range of offerings includes stocks, bond funds, ETFs, options for both taxable and tax deferred accounts – all without commission or intermediation fees.

Is Wealthsimple commission free?

A: Wealthsimple is a Canadian company and offers commission-free trading.

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