Wealthsimple Referral Code (Get $25 Sign-Up Bonus in Canada)

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Who writes this: Guides, reviews, and exchange comparisons are researched and maintained by the HowToBuyBitcoin101 Research Team, independent Canadian digital asset analysts evaluating platform solvency, order book liquidity, and regulatory compliance since 2018.
How we test: We open verified accounts, deposit Canadian dollars ($CAD) via Interac e-Transfer, execute real trades to calculate true bid-ask spread markups, and test withdrawal execution to cold hardware wallets.
Regulatory verification: FINTRAC Money Services Business (MSB) registrations and Canadian Securities Administrators (CSA) restricted dealer orders are cross-referenced with public provincial securities registers. Editorial policy.
Affiliate disclosure: Some links are referral links that may generate a commission at no cost to you. Commercial partnerships never dictate fee calculations, safety ratings, or editorial verdicts. Full disclosure.
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Use the active Wealthsimple referral code MBXDAG to receive a $25 CAD cash bonus when you open a new Wealthsimple account and deposit $150 CAD or more.

Wealthsimple Sign-Up Offer Summary (Verified August 2026)

1. Exact Steps to Claim the $25 Wealthsimple Bonus

  1. Click the Referral Link: Visit wealthsimple.com/trade-referral-signup?code=MBXDAG or enter code MBXDAG in the app.
  2. Open Your Wealthsimple Account: Download the Wealthsimple all-in-one mobile app.
  3. Verify Identity: Wealthsimple connects directly to your Canadian bank credentials or automated ID verification.
  4. Deposit $150 CAD: Fund your account using Interac e-Transfer or direct bank connection.
  5. Bonus Credited: The $25 cash bonus is automatically deposited into your cash or trading balance within 1 to 2 business days.

2. The Gotcha: What People Get Wrong

  • Deposit Minimum: You must fund at least $150 CAD into your new Wealthsimple account.
  • Crypto Trading Fee Tiers: Wealthsimple charges a 1.5% to 2.0% fee on crypto trades for standard Core clients (which drops to 1.0% for Premium clients with $100k+ assets and 0.5% for Generation clients with $500k+).

3. What If You Forgot to Enter the Code?

Wealthsimple allows users to retroactively add a promo code within 30 days of registration:

  1. Open the Wealthsimple mobile app.
  2. Tap the Gift icon in the top corner.
  3. Tap "I was referred by someone".
  4. Enter promo code: MBXDAG.

4. Is the Wealthsimple Bonus Worth It? (Break-Even Fee Math)

Wealthsimple is the most convenient ecosystem for Canadians who want stocks, high-yield cash accounts, and crypto in one single app. However, its 1.5% to 2.0% crypto trading fee is higher than dedicated crypto exchanges.

Purchase Amount Wealthsimple Fee (~1.75%) $25 CAD Bonus Net Wealthsimple Return
$150 CAD ~$2.60 CAD +$25.00 CAD +$22.40 CAD Gain
$500 CAD ~$8.75 CAD +$25.00 CAD +$16.25 CAD Gain
$1,428 CAD ~$25.00 CAD +$25.00 CAD $0.00 Break-Even
$5,000 CAD ~$87.50 CAD +$25.00 CAD -$62.50 CAD vs low-fee exchange

The Honest Verdict:

  • If you value the convenience of having your TFSA, RRSP, high-yield cash account, and crypto under one Canadian roof, claiming the $25 bonus makes small crypto buys very attractive.
  • If you are investing serious capital ($3,000+), choose a dedicated exchange like NDAX or Kraken.

5. What Wealthsimple Actually Costs

For a detailed review of Wealthsimple's CDIC insurance on cash, CIPF coverage on equities, and crypto custody arrangements, read our Wealthsimple Crypto Review.

To compare Wealthsimple with dedicated Canadian platforms, visit our Best Crypto Exchanges Canada Guide and our Sign-Up Bonus Hub.