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Wealthsimple is a financial technology company. They use technological innovations to provide financial tools that are efficient, yet won’t break the bank. They aim to make financial services accessible to everyone, so they practically eliminate the paperwork that other financial institutions require to gain access to their financial services and tools.
Wealthsimple offers many services in Canada including apps for:
Wealthsimple is a good idea for investors who are just starting out, with little cash to spare. This is because Wealthsimple has a $0 account minimum. The fact that there aren’t many features and tools to learn is also helpful to new investors, or those who have tried other more robust financial advisory services and found them to be too complicated for them.
Yes, Wealthsimple is very safe. Every Wealthsimple account has the protection of the Canadian Deposit Insurance Corporation (CDIC). The CDIC is a crown corporation that was established in 1967 by the Canadian Parliament and its purpose is to provide insurance on bank deposits of up to $10,000.
To use a Wealthsimple referral code, click on this link and follow the instructions to sign up. Once you create your account, you’ll get a free bonus!