Wealthsimple Review 2025: The Truth About This Investing Platform

Wealthsimple Review: Is it worth it? After 4 years, here’s what I wish I knew before signing up! #personalfinance #wealthsimple
⌲ Wealthsimple: Get a $25 sign-up bonus when you sign up with my referral code: ZCZSZQ https://www.wealthsimple.com/invite
⌲ ⌲ Questrade: Get $50 cash back when you open a self-directed account (min. funding $250) by using this link: https://www.questrade.com/affiliate-o...
⌲ NDAX Cryptocurrency exchange: Get a $10 bonus when you sign up with my referral link: https://refer.ndax.io/Uv2D ($100 minimum funding to get the bonus!)
⌲ CHEXY to save money on your rent! Use this link to sign up and earn cashback on your next rent: https://app.chexy.co/?utm_source=livi...
⌲ Start using WISE by using this link https://transferwise.com/c/livinginca... and get your first transfer free up to £500!

**DISCLAIMER: I am not a financial advisor, tax consultant, or real estate agent. This video is for entertainment purposes only and should not be considered as financial advice**

// Book mentioned: Financial Freedom: A Proven Path to All the Money You Will Ever Need by Grant Sabatier
https://amzn.to/4hzyo0m

//Jump to:
00:00 Wealthsimple FULL Review
00:12 Management Fees
00:50 Trading Fees (and Account fees)
01:27 Foreign Exchange conversion fees
01:53 USD cash account
02:21 Norbert’s Gambit
03:18 Investment Products
03:50 Fractional Investing (less than 1 share)
04:18 Bonds and GICs
04:47 Options and Crypto
06:35 Innovative investments
06:41 Registered accounts
07:51 Banking Functions (accounts, cards, transfer, bill payment, direct deposit)
09:11 Automation (auto re-investing)
09:47 Depositing Funds
10:02 Withdrawing Funds
10:27 Transfer accounts from other banks
10:39 Tax Filing
11:03 Safety of your money
11:23 Complaints, downsides
12:12 Customer service
12:36 Earn $25 rewards

Is Wealthsimple really worth it? After 4 years, here’s what I’ve learned! Zero trading fees, no account minimums, and an easy-to-use platform—but also foreign exchange fees and limited investment options. I break it all down so you can decide if it’s right for you. Sign up with my referral link below for a $25 bonus when you deposit just $1!

// Support my channel
Hey, if you’ve enjoyed my content, you can
Contribute a ’SUPER THANKS’ to this video
Buy me a coffee here: buymeacoffee.com/livingincanada

// My Book!
Amazon CA: https://a.co/d/ge71w4n
Amazon US: https://a.co/d/gL9ywUf

// ABOUT Getting ahead financially in Canada while enjoying life!

// AFFILIATE LINKS
DISCLAIMER: Links included in this description may be affiliate links. If you click on one of them and make an eligible purchase, I may receive a small commission at no additional cost to you.

** DISCLAIMER **
I am not a lawyer, not an immigration agent, and not a financial advisor or tax consultant. I'm just sharing my experience and knowledge in the hopes it can be useful to you. Please always do your own due diligence and research before deciding to purchase or sign up for any financial product or service!