What is the free stock bonus?

Once you fund and open a Personal (non-registered) Wealthsimple Trade profile, we’ll deposit a cash bonus into this account. This cash bonus is equal to one share randomly selected from the shares Wealthsimple has chosen for this promotion. The cash bonus will be applied within 7 days after opening and funding your new Wealthsimple Trade account in accordance with the terms and conditions below.

All new users of Wealthsimple Trade that sign up during this promotion are eligible for the bonus. 1 entry per qualified user. Quebec Excluded (see below).

Which stocks apply?

Wealthsimple selects stocks from among the most popular and highest total value (market capitalization) stocks held and traded on Wealthsimple Trade. Because they are chosen randomly, you may not receive the same stock bonus as others.

The free stock bonus has a value of between CAD$5 and CAD$4500 with an average of CAD$10 and ~95% of clients receiving less than CAD$50 based on the stock value at the time of selection. The free stock bonus is calibrated to these values on a regular basis but remains subject to market movements.

Who can enter?

This offer is only applicable to new Wealthsimple Trade clients, being individuals who have not previously registered or created a Trade Account with Wealthsimple that are residents of Canada (excluding Quebec - see below). Limit 1 entry per user.

What if I am a Quebec resident?

Due to regulatory restrictions, Quebec residents will not qualify to receive a randomized free stock bonus. Instead Quebec residents shall receive the cash equivalent of a share worth no less than $20 based on the stock value at the time of selection. You must otherwise be eligible for the promotion and all applicable terms and conditions apply. Limit 1 entry per user still applies. There is no requirement that you purchase any security with the bonus.

Wealthsimple will continue to monitor and calibrate the Quebec free stock bonus as market conditions change. Wealthsimple reserves the right to update the Quebec free stock bonus and will provide notice of that change here.

How do I claim my free stock?

In order to claim your prize, open and fund a Personal (non-registered) Wealthsimple Trade Account by visiting https://www.wealthsimple.com/en-ca/product/trade/ and following the instructions on how to create an account. There are no fees associated with the creation of a Promotion Account. You must then fund this new account within 30 days.

To enter without meeting the funding requirement, type out your name, address, city, province or territory, postal code, telephone number, and a unique and original 100-word or more essay on “My Investing Strategy”, and enter it in this form. You must otherwise be eligible for the promotion. Limit 1 entry per user still applies.

Your cash bonus will be delivered within 7 days after you complete either of the above two steps — and then you can purchase your free stock!

Why is it a “Cash Equivalent”?

Wealthsimple Trade does not provide recommendations or investment advice. When you receive the cash equivalent of a stock, the cash will be deposited directly into your account and there is no requirement that you purchase any security with the cash. You alone will be responsible for your investment decisions and Wealthsimple Trade will not consider your financial situation, investment knowledge, investment objectives, savings objectives and risk tolerance when accepting orders from you.

Terms & Conditions

Wealthsimple Trade: Free Stock When You Open and Fund Your Account
(the “Promotion”)

The Bonus and Odds. The Bonus is a cash deposit equal in value to one share selected randomly from the shares Wealthsimple has chosen for this Promotion. When shares are selected for this Promotion, Wealthsimple selects stocks from amoung the most popular and highest total value (market capitalization) stocks held and traded on Wealthsimple Trade. Because they are chosen randomly, you may not receive the same Bonus as others. The Bonus has a value of between CAD$5 and CAD$4500 with an average of CAD$10 and ~90% of clients receiving less than CAD$50 based on the stock value at the time of selection. The Bonus is calibrated to these values on a regular basis but remains subject to market movements. The Bonus will be applied within 7 days after Promotion entry in accordance with these terms and conditions.

Eligibility. To enter and be eligible to win, you must:

1. be a new Wealthsimple Trade customer, being an individual who has not previously registered or created a Trade Account with Wealthsimple, with accounts in good standing;
2. be a legal resident of Canada (excluding Quebec);
3. be of the age of majority, or older, in the province/territory of residence at the time of entry; and
4. meet the entry requirements outlined below.

Quebec Residents. Quebec residents do not qualify for the Bonus. Instead, Quebec residents that otherwise meet the eligibility criteria and entry requirements will receive a non-randomized reward of the cash equivalent of 1 share worth no less than $20 at the time of selection (the “Quebec Bonus”). The Quebec Bonus may be updated periodically to reflect changes in market conditions and promotion design. We strongly encourage you to refer to these terms and conditions for the latest details.

Neither the Quebec Bonus, the randomly selected share nor identification of a particular security in communications related to this program shall constitute a solicitation of the security or a recommendation to buy, sell or hold the security. Wealthsimple Trade does not provide investment advice and does not hereby recommend any security or transaction. There is no requirement that you purchase any share with the Quebec Bonus.

Entry

During the Offer Period, you must meet the funding requirement in the Promotion Account. Limit 1 entry per user.

Opening a Non-Registered Wealthsimple Trade Account. You can open a new Non-Registered Wealthsimple Trade account (a “Promotion Account”) by visiting https://www.wealthsimple.com/en-ca/product/trade/ and following the instructions on how to create an account. There are no fees associated with the creation of a Promotion Account.

Funding Requirement. Once you have opened a Promotion Account (must be a non-registered account i.e. not TFSA or RRSP), you must fund the Promotion Account. The funding requirement must be met within 30 days of account opening and prior to the end of the Offer Period. Customers who receive a Bonus must keep the Bonus in their Promotion Account (or another Wealthsimple account) for 90 days or the Bonus may be deducted from their final withdrawal amount or otherwise recovered by Wealthsimple.

No purchase necessary: To enter without meeting the funding requirement, type out your name, address, city, province or territory, postal code, telephone number, and a unique and original 100-word or more essay on “My Investing Strategy”, and enter it in this form. Except for the funding requirement, you must otherwise qualify for the Promotion in accordance with these terms and conditions. If the entry complies with the above requirements, it will result in one (1) entry. Incomplete entries will be void. No script, macro, robotic or other program-assisted, mechanically reproduced, bulk or mass entries are permitted. Limit 1 entry per user still applies.

Non-Registered Account. Regardless of what type of Wealthsimple Trade account you open as a Promotion Account, you will be required to have a non-registered Wealthsimple Trade account as a condition of receiving the Bonus. You can open a non-registered Wealthsimple Trade account by following the instructions above.

Offer Period. This Promotion begins on May 13, 2021 and is available for a limited time.

Release. You assume all risk of injury, illness, disease, death, or any other damage which may arise in connection with your participation in the the Promotion. Without limiting the foregoing, you hereby: (a) forever release and discharge Wealthsimple and its parent companies, subsidiaries, affiliates, related and associated entities and employees, directors, officers, suppliers, agents, sponsors and administrators of each (collectively, the “Releasees”), from and against any and all claims, actions, costs, liabilities, judgments, damages, obligations, losses, penalties, and expenses of any kind or nature whatsoever (including legal fees) (collectively, the “Claims”) in any way arising directly or indirectly out of any injury, loss, or damage that you may suffer as a result of, or in connection with your participation in the Promotion or any promotion-related activity, including the posting of the Bonus in your Promotion Account and subsequent use of the Bonus; and (b) indemnify, defend and hold harmless the Releasees from and against any and all damages, loss and expenses, including legal fees, which may be suffered directly or indirectly by reason of your own negligence or willful misconduct during or in connection with your participation in the Promotion;

No Recommendation. Neither the Bonus, the randomly selected share nor identification of a particular security in communications related to this program shall constitute a solicitation of the security or a recommendation to buy, sell or hold the security. Wealthsimple Trade does not provide investment advice and does not hereby recommend any security or transaction. There is no requirement that you purchase the randomly selected share with the Bonus.

Publicity. By participating in the Promotion, you consent to the use of your name, social media handle(s), comments and image, for any publicity carried out by Wealthsimple Trade in relation to the Promotion, without further notice or compensation.

General. Wealthsimple reserves the right to amend, withdraw or restrict the Promotion and/or these terms and conditions at any time without notice. Wealthsimple is the sole arbiter of these rules and any other issue arising under the Promotion. If Wealthsimple suspects fraudulent or abusive behaviour, inappropriate, offensive or derogatory language, gaming of the system or a violation of these terms, Wealthsimple reserves the right to remove all promotions from the Promotion Account including the Bonus and take any other action it deems appropriate including, but not limited to, closing the Promotion Account. An invitation to participate in this offer does not provide assurance that you will be accepted as a customer of Wealthsimple. This offer is only valid for customers in Canada (excluding Quebec as outlined above) that otherwise meet our eligibility requirements. Our standard terms (https://www.wealthsimple.com/en-ca/legal/terms) relating to your use of Wealthsimple and the investment management agreement that applies to the Promotion Account each apply and are not affected in any way by this offer.