Wealthsimple Review
What Wealthsimple offers, how the referral bonus works and whether it's worth signing up.
Last reviewed: October 2026
Overall Rating
The Wealthsimple referral code US0EBW is one of the easier bonuses to claim: deposit $100 after signing up and the $25 lands in your account automatically. Past the bonus, it's a strong all-in-one app for investing, chequing and registered accounts like the TFSA, RRSP and FHSA.
About Wealthsimple
Founded in 2014, Wealthsimple is Canada's leading fintech platform with more than 3 million users. It is regulated by IIROC and is a CIPF member, offering up to $1M in investment protection.
Wealthsimple offers commission-free stock and ETF trading, a regulated crypto exchange with 50+ assets, a high-interest Chequing account, a robo-advisor, and registered accounts like TFSA and RRSP, all in one clean app. Sign up with referral code US0EBW and deposit $100 to get your $25 bonus.
3M+
Canadians on Wealthsimple
$124B+
Assets under administration
Founded 2014
Over a decade of growth
CIPF Protected
Up to $1M per account
What Wealthsimple Offers
The main products you get with a Wealthsimple account.
Trade
Commission-free stocks and ETFs on 9,000+ North American equities. No account minimum, fractional shares available, and instant deposits up to $1,500.
Crypto
Regulated Canadian crypto exchange with 50+ coins including BTC, ETH, SOL, and more. Cold storage security and no hidden spreads.
Chequing
Up to 2.25% interest on your Chequing balance (higher with direct deposit), no monthly fees, no minimum balance, and instant peer-to-peer transfers to any Wealthsimple user.
Invest
Robo-advisor that builds and automatically rebalances a diversified portfolio of low-cost ETFs based on your risk tolerance and goals.
Registered Accounts
Open a TFSA, RRSP, FHSA, or RESP directly through the app and invest or trade within those registered account types.
USD Account
Hold US dollars and trade US-listed securities without paying foreign exchange fees on every trade.
Key Features
What stands out about Wealthsimple in everyday use.
- $25 cash bonus with referral code US0EBW, deposited into your account after funding $100
- 1% cash match on transfers of $25,000+ (up to 3% with Active Trader status), combinable with the referral bonus
- Monthly Millionaire, every dollar deposited is an entry to win $1 million
- Commission-free trades on all Canadian and US stocks and ETFs
- Fractional shares, invest in high-priced stocks like Berkshire with any dollar amount
- Instant deposit up to $1,500, trade before your bank transfer clears
- 9,000+ stocks and ETFs available on North American exchanges
- 1% cash back on the Chequing account balance plus up to 2.25% interest
- No account minimums, start investing with as little as $1
- Regulated by IIROC, investments covered by CIPF up to $1M per account category
Is Wealthsimple Right for You?
It's a good fit if
you were going to fund an account anyway and want TFSA, RRSP and chequing in one app.
You might skip it if
you want a strong desktop platform or advanced research tools.
Ready to claim your $25 bonus?
See how the Wealthsimple referral code works, the terms to watch for and the steps to claim it.
Wealthsimple Referral Code