Zero-commission trading
Buy and sell Canadian and US stocks and ETFs completely free. No hidden fees, no commissions. What big banks charge $9.95 for, Wealthsimple does for $0.
Updated July 2026
Get $25 free when
you join Wealthsimple
using a Referral Code
Canada's favourite investing app wants to give you $25 in free cash just for signing up and depositing $100. All you need is referral code _Y024Q.
Referral code
_Y024Q
How it works
Claim your $25 in 5 easy steps
The whole process takes about 5–10 minutes. Here's exactly what to do to get your Wealthsimple referral bonus. Want the full walkthrough with screenshots? Read our step-by-step guide.
1
Click the invite link 🔗
Head to wealthsimple.com/invite/_Y024Q. This automatically links your new account to the referral code, so no copy-pasting needed.
2
Create your account 👤
Sign up with your email, verify your identity with a photo ID and a quick selfie. Most people finish in under 5 minutes. Open any eligible account: Self-Directed Investing, Managed, Crypto, or Chequing.
3
Enter code if prompted 🎁
Already signed up without the link? No problem. Tap the 🎁 icon on your Wealthsimple home screen and enter _Y024Q. You have 7 days after your first deposit to add it retroactively.
4
Deposit at least $100 💸
Transfer at least $100 from your external bank (RBC, TD, BMO, Scotiabank, credit union) within 30 days of signing up. Must be money from outside Wealthsimple.
Why Wealthsimple?
Everything you need to grow your money
Wealthsimple is Canada's largest online brokerage and it's not just for investing. Banking, crypto, options, mortgages, tax filing, and retirement planning all live in one beautifully designed app. See our full Wealthsimple review for the deep dive.
Managed (robo) investing
Not sure where to start? Wealthsimple Managed builds you a diversified ETF portfolio based on your risk tolerance and automatically rebalances it. Set it and forget it.
High-interest chequing
Earn a high interest rate on your everyday cash, far more than the average big bank savings account. Plus a prepaid card with no FX fees.
Fractional shares
Invest in expensive stocks like Amazon or Shopify starting at just $1. Fractional shares let you build a diversified portfolio on any budget whatsoever.
Regulated & protected
Cash is CDIC-insured up to $1,000,000 and investments are CIPF-protected up to $1M, with Wealthsimple regulated by CIRO. Ten times the $100K most big banks offer.
Free tax filing
Wealthsimple Tax lets millions of Canadians file their returns completely free. It won't disqualify you from the referral bonus either, using Tax alone doesn't count.
Commission-free options
Trade calls and puts with no per-contract commission, right inside the app, a rarity among Canadian brokers.
Low-rate mortgages
Competitive rates and a fully digital application, with preferred pricing for Premium and Generation clients.
Wealthsimple Predict
A new event-contracts feature on the way. Open an account now so you're ready the moment it launches.
Award-winning app
Clean, fast, and genuinely easy to use. Whether you're checking your portfolio or sending an e-transfer, the Wealthsimple app earns top marks from users across Canada.
Account types
Every Canadian account in one place
Whether you're saving for retirement, your first home, or your child's education, Wealthsimple has the right registered account for you. All of them qualify for the referral bonus.
TFSA
Grow and withdraw tax-free, anytime. Canada's most popular account for everyday wealth-building.
RRSP
Reduce your tax bill today and grow investments tax-deferred until retirement. Great for higher earners.
FHSA
First Home Savings Account. Save up to $40,000 tax-free toward your very first property.
RESP
Education savings with government grants up to $7,200 per child. Tax-sheltered growth for school.
Cash
High-interest everyday banking where your $25 bonus lands. Spend, save, and earn interest in one place.
Crypto
Buy and sell Bitcoin, Ethereum and dozens more coins right inside the Wealthsimple app.
Personal
Non-registered investing with no contribution limits. Commission-free stocks & ETFs, individual or joint.
How it compares
Wealthsimple vs. the competition
For most Canadians, especially those just getting started financially, Wealthsimple's combination of $0 commissions, a generous sign-up bonus, and built-in banking makes it the clear choice.
| Feature | Wealthsimple | Questrade | Big Banks |
|---|---|---|---|
| Stock trading fee | $0 | $0 | $6.95–$29 |
| Account minimum | $0 | $0 | $0–$25,000 |
| $25 sign-up bonus | ✅ Yes | ✗ No | ✗ No |
| Built-in crypto | ✅ Yes | ✗ No | ✗ No |
| Commission-free options | ✅ Yes | ✗ Per-contract fee | ✗ No |
| High-interest banking | Yes | ✗ No | 0.01–0.5% |
| Fractional shares | ✅ Yes | ✅ Yes | ✗ No |
| CDIC deposit insurance | $1,000,000 | $1,000,000 | $100,000 |
| Free tax filing | ✅ Yes | ✗ No | ✗ No |
FAQ
Your questions, answered
Here are the most common questions about claiming the Wealthsimple sign-up bonus. See the full FAQ page for more.
The Wealthsimple referral code for a $25 bonus in 2026 is _Y024Q. Sign up at wealthsimple.com/invite/_Y024Q or enter the code manually during registration. After depositing any qualifying amount from an external bank within 30 days, your $25 lands in your Cash account within 24 hours.
Wealthsimple doesn't use traditional "promo codes" or "coupon codes." Referral codes are how new users access bonuses. Code _Y024Q gives you the full $25 welcome bonus. See our promotions page for current offers.
Yes! If your account is still unfunded, you can add code _Y024Q anytime. If you've already made your first deposit, you have a 7-day window to apply it retroactively. Open the app, tap the 🎁 gift icon on your home screen, and enter the code.
In most cases your $25 arrives within 24 hours of your qualifying deposit settling. Since bank transfers from external institutions take 2–3 business days to clear, the total timeline from initiating a transfer to receiving the bonus is typically 3–4 days.
Yes. The referral bonus rewards being a new client, so it stacks with Wealthsimple's 1% transfer match (up to 3%) on accounts of $25,000+ moved in from another institution, plus transfer-fee reimbursement. Both you and the person who referred you each get $25. See all current promotions for the details.
Yes. Wealthsimple Tax users who have never opened an investing or Cash account are still considered new clients and are fully eligible for the $25 bonus with code _Y024Q.
Ready to claim
your free $25?
Join over 3 million Canadians on Wealthsimple and pocket your welcome bonus while you're at it. Commission-free investing, high-interest banking, and crypto, all in one app.