Verified October 2026

Get $25 free when you join Wealthsimple

Open a free account, deposit $100, and your $25 cash bonus lands within 24 hours.

Your referral code
7-MDUG
Verified working  ·  October 2026
Claim your $25 →

Deposit $100 to qualify  ·  Free account  ·  Takes 5 minutes

Regulated by IIROC CIPF protected up to $1M 3 million+ Canadians $0 trading commissions
How to claim

Three steps to get your $25

1
Click the link above

Code 7-MDUG is applied automatically. No need to type it in manually.

2
Open your free account

Takes about 5 minutes. TFSA, RRSP, FHSA, or Cash account — any account qualifies.

3
Deposit $100 within 30 days

From an external bank account. Your $25 appears in your Wealthsimple Chequing account within 24 hours.

Why Canadians switch to Wealthsimple

💸

$0 trading commissions

Buy and sell stocks and ETFs for free. Most bank brokerages charge $9.99 per trade.

🏦

No account fees

No monthly fees, no minimum balance. Every dollar you deposit goes to work.

📱

Everything in one app

TFSA, RRSP, FHSA, crypto, and a high-interest Cash account — all in one place.

🛡️

CIPF protected

Investments protected up to $1 million through the Canadian Investor Protection Fund.

R
René — Wealthsimple client since 2018

I switched from Scotiabank to Wealthsimple in 2018 after noticing how much I was losing to fees each year without realizing it. I've held my TFSA and RRSP on Wealthsimple ever since. Read my story →

Common questions

How do I use referral code 7-MDUG?

Click "Claim your $25" above — the code applies automatically. Or enter it manually: after signing up, tap the gift icon in the app, go to Rewards Centre, and type 7-MDUG before funding your account.

I already signed up — can I still use the code?

Yes, if you haven't made your first deposit yet. Open the app, tap the gift icon, go to Rewards Centre, and enter 7-MDUG. The window closes 7 days after your first deposit.

What counts as a qualifying deposit?

A minimum $100 deposit from an external bank account within 30 days of signing up. Transfers between Wealthsimple accounts don't count.

When does the $25 arrive?

Within 24 hours of your qualifying deposit clearing. It goes directly into your Wealthsimple Cash account.

Is Wealthsimple safe?

Yes. Wealthsimple is regulated by IIROC and investments are CIPF-protected up to $1 million. Over 3 million Canadians use the platform.

Ready to get your $25?

Free account  ·  Takes 5 minutes  ·  Code applied automatically

Claim your $25 →
Want more detail? Read our Wealthsimple guides →