Investing
Investing referral bonuses in Canada
If you're opening a TFSA, RRSP or FHSA anyway, you might as well get paid for it. Two of Canada's best-known self-directed platforms both run referral programs, and the bonuses are simple: open an account, fund it, and the cash follows once you qualify.
The bonus shouldn't be what decides it, though. Pick the platform that suits how you invest, then use the code.
Investing offers compared
| Offer | Bonus | What you need to do | Code |
|---|---|---|---|
| Questrade | $50cash bonus | Open and fund a new account within 60 days | 645729798488332 |
| Wealthsimple | $25cash bonus | Deposit $100 or more | US0EBW |
Bonus terms are set by each company and can change at any time. Check the details on each offer page.
What to compare
Both are regulated the same way
Wealthsimple and Questrade are both CIRO members, and investment accounts at each are protected by CIPF within its limits. CIPF covers you if the firm fails, not if your investments lose value.
Fees matter more than the bonus
A $25 or $50 bonus is nice, but trading fees and currency conversion costs add up over years. Check what you'd pay for the way you actually invest.
Enter codes before you're approved
Questrade won't add a referral code once your account number is issued. Use the link or code from the start.
All investing offers
Investing
$50 cash bonus
Questrade Referral Code: Get a $50 Cash Bonus
Use our Questrade referral code 645729798488332 to get a $50 cash bonus when you open and fund a new account. Here's how it works and whether it's worth it.
Investing
$25 cash bonus
Wealthsimple Referral Code: Get a $25 Cash Bonus
Sign up for Wealthsimple with our referral code and get a $25 cash bonus after a $100 deposit. Here's how the bonus works and whether it's worth it.