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Wealthsimple Investing Referral Bonus

Open a Wealthsimple account using referral code MKBMAW and deposit or transfer $100 or more to claim a cash bonus between $25 and $3,000.

2,481 views 1,350 clicks 4.6 (267 reviews)
Sign-Up Bonus
C$25.00
Reward Type
Shares
Status
Verified Deal

Commission-Free Canadian Investing & Automated Wealth Building with Wealthsimple

As Canada's leading digital financial platform managing over $30 billion in assets, Wealthsimple has revolutionized personal finance for millions of Canadians. Offering commission-free stock and ETF trading, automated robo-advisor investment portfolios, high-interest chequing accounts (Wealthsimple Cash), and crypto trading within a unified mobile app, Wealthsimple makes growing wealth effortless. Opening an account using referral code MKBMAW qualifies new users for a cash bonus ranging from $25 up to $3,000 upon depositing or transferring investment capital.

Why Wealthsimple is Canada's Top Digital Brokerage

  • $0 Commission Stock & ETF Trading: Buy and sell thousands of Canadian and US equities on the TSX, NYSE, and NASDAQ with zero trading commissions.
  • High-Interest Wealthsimple Cash Account: Earn 4% to 5% annual interest on everyday cash balances with 0.5% cash back on debit card spending and zero monthly fees.
  • Tax-Efficient Account Structures: Maximize long-term wealth growth within Tax-Free Savings Accounts (TFSA), Registered Retirement Savings Plans (RRSP), First Home Savings Accounts (FHSA), and non-registered accounts.
  • Automated Dividend Reinvestment (DRIP): Automatically reinvest cash dividends into fractional shares to compound portfolio returns faster.
  • Institutional Security Protection: Accounts are protected by CIPF (Canadian Investor Protection Fund) coverage up to $1 Million CAD and CDIC insurance on cash balances up to $500,000 CAD.

How the Referral Code MKBMAW Bonus Functions

The Wealthsimple welcome promotion rewards account funding. When you sign up via code MKBMAW and deposit or institutional transfer $100 CAD or more into any Wealthsimple product (Trade, Invest, Cash, or Crypto) within 30 days of registration, the system randomly awards a cash bonus credit directly into your cash wallet balance.

Eligibility Criteria & Program Rules

  • Canadian Residency Requirement: Open to Canadian residents who have reached the age of majority in their province or territory.
  • Claim Window: If you created an account without entering a code, code MKBMAW can still be manually added in the app under **"Earn Cash -> Had a referral code?"** within 30 days of opening.
  • Qualifying Capital: Requires a net deposit or institutional transfer of $100 CAD or more. Higher asset transfers (e.g., $100,000+) qualify for elevated Tier bonuses and Generation status perks.

Step-by-Step Instructions to Redeem

  1. Download the Wealthsimple app or visit Wealthsimple.com.
  2. Create your profile and enter referral code MKBMAW during sign-up.
  3. Open a TFSA, FHSA, RRSP, or Cash account.
  4. Link your Canadian bank account and deposit $100 CAD or more.
  5. Receive your cash bonus deposited directly into your Wealthsimple account within 24 hours!

Get Your Bonus

Referral Code
MKBMAW
Scan QR code πŸ“± Scan with phone camera

Sponsored link. Terms apply.

Key Features

  • ✓ Automated portfolio rebalancing
  • ✓ Commission-free stock and ETF trading
  • ✓ Advanced charting with technical indicators
  • ✓ Real-time market data and news
  • ✓ Retirement accounts with tax benefits
  • ✓ Recurring investments for automation
  • ✓ Fractional shares starting from $1
  • ✓ SIPC protection up to $500,000

How to Claim

  1. Visit Wealthsimple and click "Get Started".
  2. Create your account and complete identity verification.
  3. Enter referral code MKBMAW when prompted.
  4. Link your bank account and deposit at least $100 within 30 days.
  5. Receive a $25 cash bonus credited to your account.

Frequently Asked Questions

Yes, most investing platforms are regulated by authorities such as SEC, FINRA, IIROC, or equivalent in your jurisdiction.
The bonus typically credits to your account within 3-7 business days after meeting deposit or trading requirements.
Most platforms advertise commission-free trading but may charge for advanced features, margin, or currency conversion.
Many platforms support TFSA, RRSP, IRA, and 401k accounts with the same commission-free trading benefits.
Some platforms have no minimum while others require $100-$1,000 to qualify for referral bonuses.
The free stock is randomly selected from a curated list of popular Canadian and US equities. The value is $25 CAD equivalent at the time of crediting.
Wealthsimple typically verifies new accounts within 1-2 business days. You will need a valid government-issued ID and may be asked for proof of address.
You can apply a referral code within 30 days of opening your account if you haven’t used one during sign-up.

Reviews

267 reviews
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Anonymous
Sep 2, 2026
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Great for TFSA investing

Clean app interface and the $25 welcome bonus landed in my account after funding $100.

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Anonymous
Jul 20, 2026
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App is intuitive but charts are basic

Good for casual investors. Active traders might want more advanced charting. Bonus posted fine.

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Anonymous
Jul 11, 2026
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Fractional shares are a game changer

Can invest $10 in Amazon. The referral bonus helped me diversify my first portfolio.

Verified Purchase
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Anonymous
Jun 28, 2026
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Wealthsimple Invest is hands-off wealth building

I use both Trade and Invest. The Invest robo-advisor has returned 8.2% annually with zero effort on my part. The $25 bonus was a nice start. Tax-loss harvesting on Invest+ saved me money at tax time.

Verified Purchase
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Anonymous
May 12, 2026
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Good platform, spreads on crypto are high

Stock and ETF trading is truly commission-free and the free stock bonus was legitimate. However, if you want to trade crypto, the spreads are wider than dedicated exchanges. For stocks and ETFs, it is excellent.

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Anonymous
Apr 19, 2026
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Best robo-advisor I have used

Returns have been consistent and the fees are minimal. The referral credit was applied automatically.

Verified Purchase
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Anonymous
Mar 20, 2026
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Perfect for Canadian beginner investors

Opened my TFSA with Wealthsimple and got $25 in free stock within a week. The app makes investing incredibly simple. Auto-deposits and fractional shares mean I can invest $50/week without thinking about it.

Verified Purchase
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Anonymous
Feb 25, 2026
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Good platform, limited research tools

Great for executing trades but fundamental analysis tools are basic. The bonus was legitimate.

Verified Purchase
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Anonymous
Feb 9, 2026
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Perfect for beginner investors

The free stock got me started and the app makes trading incredibly simple. No commissions is huge.

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Anonymous
Jan 15, 2026
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Automated investing works great

Set up recurring deposits and watch my portfolio grow. The bonus arrived within a week.