Wealthsimple bonus

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Dan, I think you have transferred most or all your money to Wealthsimple. I have a call with them on Wednesday to do or discuss the same thing. I would be transferring from Questrade. Can you comment on your experience and anything I should look out for. It looks like I might get a $6000 bonus approx.
Thanks, Trevor

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Asked on October 23, 2023 8:27 pm
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Hey Trevor.
I like Qtrade more than Wealthsimple, no doubt. However, for the money Wealthsimple was throwing around (a brokerage that I would view as a close 2nd to Qtrade) it was pretty much a no brainer for me to swap.

There isn't really too much to look out for. Keep an eye on your currencies if you have any USD or even other currencies. I have heard they sometimes transfer in the wrong currency but it's rectified if you bring it up.

If it wasn't for some weird Constellation Software warrants, all my money would be been transferred over in the span of a week. They're truly an amazing platform. Great mobile app, great desktop platform.

Just understand it's a no-frills, commission free brokerage. Almost zero added functionality outside of buying/selling.

Enjoy the bonus!

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Posted by Dan Kent
Answered on October 24, 2023 2:43 pm
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Thanks Dan, I switched and will be a Generational customer getting a few extra perks. And 5% interest in the cash account. I'm impressed so far. Trevor.
(trevor thompson at October 26, 2023 4:33 pm)