Wealthsimple has opened a limited-time referral boost that pays $50 to both the existing client and the new account holder, according to a November write-up on CanadaReferralCodes.ca that tracks with Wealthsimple’s promotions page. The window covers referrals established from November 5 to November 12, 2026, and doubles the firm’s standard $25-each referral cash for that span only.
The confirmed conditions are narrow. The new client must bring in at least $100 of external funding within 30 days. The referrer must complete livestream registration and show $100 in net deposits. CanadaReferralCodes.ca reports that the bonus is paid into a Wealthsimple chequing account within 24 hours and is subject to a 180-day hold. Those are promotional terms, not a change to commissions, FX, product lineup, or account features.
For Canadian investors already comparing discount brokerages, the practical stake is small and operational. Fifty dollars is modest next to transfer friction or ongoing costs, but it can matter at the margin if Wealthsimple was already on a shortlist. The eight-day calendar, the $100 funding floor, the 30-day clock, livestream registration, and the 180-day hold determine whether the cash actually sticks. Nothing in the cited sources confirms a matching account-transfer bonus, a higher funding tier, or a rate that continues after November 12.
The rest of the Canadian brokerage promo calendar is quiet:
- Questrade’s Get1000 funding window closed on November 2.
- TD Easy Cash and student offers expired in early November.
- No new Interactive Brokers or other major brokerage sign-up or transfer bonuses were identified after November 3.
That leaves this Wealthsimple lift as an isolated, minor change rather than a broader cash-for-assets contest. The sources do not say whether the firm will extend the $50 rate or revert to $25 when the window closes. Until an official extension appears, the safer reading is that the boost ends with the stated dates.
Live eligibility still sits on Wealthsimple’s promotions page; aggregator posts can lag or omit filters. This update is source-driven reporting, not tax, legal, or investment advice, and it does not recommend opening, funding, or referring any account.