Last Updated on May 21, 2026 by Canadian Reviews
About Wealthsimple
Wealthsimple is a Canadian financial technology company that helps people manage their money online.
It offers easy-to-use services like automated investing (where the platform builds and manages a diversified portfolio for you), commission-free trading of stocks and ETFs, cryptocurrency buying and selling, tax-filing software, and everyday spending and saving accounts.
Wealthsimple is designed to make investing and other financial tasks simple and accessible, even for beginners. The company is based in Toronto and serves millions of customers with billions of dollars in assets under management.
Read our review below to learn about all the great features and benefits. And if you are looking for a Wealthsimple referral code, here is ours to get you started with a $25 bonus when you make a $100 deposit (updated from previous $1 deposit Feb 2026)
Wealthsimple Referral Code – US0EBW
Wealthsimple Features
Automated Investing – Pre-built portfolios, automatic deposits, and dividend reinvestment for hands-off growth.
Fractional Shares – Buy pieces of expensive stocks.
Self-Directed Investing – Commission-free trading of stocks, ETFs, and crypto with 24/7 US stock trading.
Real-time Data – Live charting for trading.
High-Interest Chequing/Savings Accounts – No monthly fees and competitive interest rates.
Protected and Insured – Investments and cash held with custodial partners and protected under Canadian insurance frameworks (e.g., CIPF, CDIC where applicable)
Socially Responsible – Offers socially responsible and Halal investment portfolios for people with specific values or beliefs.
Referral Program – New user bonus when using a referral code to sign up.
Weathsimple Referral Program
The Wealthsimple referral program lets you invite friends to join using your unique referral link.
When a friend who’s new to Wealthsimple signs up and funds their account with at least $100 within 30 days, both you and your friend earn a $25 bonus each.
If you are looking for one. Feel free to use ours. This helps us continue to bring content and reviews to you, our readers. Our Wealthsimple referral code is US0EBW. Or sign up through our referral link.
How to Use a Wealthsimple Referral Code
Using a Wealthsimple referral code is quick and straightforward. Follow these steps to make sure you get your $25 bonus:
- Click a referral link – Use our Wealthsimple referral link or manually enter the code US0EBW during sign-up.
- Create your account – Download the Wealthsimple app or visit the website and complete the registration process with your personal details.
- Verify your identity – As a regulated financial platform, Wealthsimple requires ID verification. Have your government-issued ID ready.
- Make a $100 deposit – Fund your account with at least $100 within 30 days of signing up. This is required to trigger the referral bonus.
- Receive your $25 bonus – Once your deposit is confirmed, both you and the person whose Wealthsimple referral code you used will each receive $25.
The bonus is typically deposited directly into your Wealthsimple account within a few business days of meeting the deposit requirement.
Wealthsimple Referral Code FAQ
What is the Wealthsimple referral code?
Our Wealthsimple referral code is US0EBW. Enter it when signing up or use our referral link to automatically apply it.
How much is the Wealthsimple referral bonus?
Both the new user and the referring person earn $25 each when the new account is funded with at least $100 within 30 days of sign-up.
Can I use more than one Wealthsimple referral code?
No. Wealthsimple only allows one referral code per new account. Make sure to apply the code at the time of sign-up, as it cannot be added afterward.
Is the Wealthsimple referral bonus taxable?
Referral bonuses may be considered taxable income in Canada. It’s always a good idea to consult a tax professional if you’re unsure how bonuses received from financial platforms affect your tax situation.
Does Wealthsimple offer referral bonuses for existing users?
Yes! If you’re already a Wealthsimple user, you can share your own referral code or link with friends. Each time a friend signs up and deposits $100, you’ll also earn a $25 bonus. You can find your personal referral code inside the Wealthsimple app.
Wealthsimple Verdict
Pros
- Zero-commission trading
- Automated investing
- No minimum deposit to start investing
- Easy-to-use platform
- Protected by CIPF, CDIC
Cons
- No advanced trading features
- Lacks certain everyday banking features
Wealthsimple
Summary
Wealthsimple is a Canadian financial technology company that helps people manage their money online. Wealthsimple is designed to make investing and other financial tasks simple and accessible, even for beginners. The company is based in Toronto and serves millions of customers with billions of dollars in assets under management.
