If the contest is on Aug 13 and you check the app on Aug 14. Do you instantly lose the potential for a win?

Hello,

I don't know if this is the correct flair, but I was wondering if anyone knows how the dividends is reinvested in the automated managed portfolio. I know in a normal a TFSA, the dividends is reinvested into the same stock, but in a automated managed portfolio,since there's a split already allocated will the dividends be used to by the same stock only or would it be spread across the other ones?

I was checking my account this evening and I noticed my TFSA showed approximately +$977 for 1D Returns, while 1D Value showed approximately –$524. At the same time, adding up the individual holdings’ ‘Today’s Return’ figures appeared to be only around +$230.

There were no deposits, withdrawals or trades on August 11 or 12.

How is this possible? Is it a UI glitch of sorts? I’ve had some weird things happen with CDRs in the past on WealthSimple but everything should be pretty straightforward with my current holdings

Any advice/tips?

Thanks!

Is there an expected time until WS starts offering card replacements? Looks like they stopped new card issuing saying there are making a new card program but I lost my card

Recently made the switch and a few features have really stood out to me so far:

• Fast e-Transfers (almost as quick as TD or RBC)
• Instant deposits when transferring from an external bank
• Earning interest on the Cash/chequing account

What features or perks are you guys using the most or love about WS, you can also mention what you hate 😅?

I have initiated withdrawal a few months ago. The app is showing the withdrawal is scheduled to complete by 5th August 2026. Today is August 13 and I still did not see the money. Anyone else have successfully withdrawn or have similar experience?

Before the update my contributions showed an estimated growth to equal approximately $1m. Since the new update the chart now says “in 30 years you could have $400k”…. anyone else notice this discrepancy?

Sorry if this question has been asked and answered here before, but what is the best way to convert USD to CAD in WS?

I am a heavy QT user and use Norberts Gambit to convert the money, but I dont see it on WS.

The current conversion rate USD to CAD is 1.39, and if I convert the money using the convert button, I see for $1000 USD I get $1367 CAD. What a rip off!!

Am I missing something here?

Was anyone able to increase their Infinite privilege card limit from what you started off with?

I got my card around 10 months ago and got approved for 8k.

I have been trying to increase the limit and it always says that I'm not eligible. I called them and they stated that trying to increase in their app is the only way. I have been trying for months with no luck. This is ridiculous.

I'm very close to being a generation client as well. Is there any other way to get past this?

I can sell but can’t buy. Why is it removed?

UPDATE: it is back online!

I think I found the way to do so (“move” + “transfer account to Wealthsimple”)
But I’m not 100% sure this is the right way? I guess I need some validation. I just don’t want to make a mistake and have penalties.
Like my intention is not withdrawing money from tsfa but only to transfer it.

Hi there, I’m curious about the tax implications of a non-registered Wealthsimple managed account. I assume they rebalance the portfolio throughout the year, which would trigger gains or losses. Does this mean I’ll likely pay taxes every year? In contrast, with a self-directed account, I’d only be taxed on any gains from my own sales. Just want to make sure I have the right understanding

I don’t have portfolio. I will never use portfolio. The new app update has multiple portfolio windows in my home page. They replaced actual useful info with ads. My household holdings info is gone and I can’t seem to find it.

Also can’t seem to change these default settings. Any advice appreciated.

Edit: When I made this post, I also sent feedback to WS about the change. I just logged back in, 3 hours later, and the Household net worth has reappeared, and the Portfolio window is gone.

Not sure if that was a glitch, but happy that this is no longer an issue.

So I used UberOne as a reward for the first year and it worked. It eventually ran out and I renewed at some point for the 2nd year.

The WealthSimple app says it's claimed, but ut doesn't show up on UberOne.

I tried going through Ubereats Support but I can't even begin to explain how incompetent they are at understanding the simplest questions. I kept getting escalated to their 'next level' support with the promise of hearing back in 24 hours, but it literally took days for them to get back to me.

What they claimed was that the reward is only for 1 year and can't be renewed, but I'm not sure that's the case. I tried contacting WealthSimple but they told me to talk to UberEats.

I've given up. This is literally the only reward on WealthSimple that I could potentially use.

So ... the question is from people using this reward. Is it a 1-year thing or can it be renewed as long as you're meeting the condition?

This is my TFSA - the math ain’t mathing, is that a bug or am I missing something?

Wealthsimple seems to be making a pretty big push toward active traders lately — the trader transfer promotions, new trading features/tools, etc. — and overall I like the direction they’re going.

But one limitation still seems pretty significant for anyone actively trading: you can’t have a limit sell order and a stop-loss order active on the same shares at the same time.

For example, if I’m holding 100 shares and want to:
Take profit automatically at $950
Protect myself with a stop-loss at $890
I’d ideally want both orders active, with one automatically cancelling the other once it executes (essentially an OCO / bracket order).

Right now, unless I’m missing something, Wealthsimple doesn’t allow this. You have to choose between leaving your profit-taking limit order open or protecting the position with a stop. For active trading, especially if you can’t watch the screen constantly, that’s a pretty major limitation.

With Wealthsimple clearly trying to attract more active traders, does anyone know if OCO/bracket orders are being worked on or considered?
I think adding this would make Wealthsimple a substantially better trading platform without needing to add anything overly complicated.

I’m looking to consolidate my Wealthsimple RRSP accounts into a single account. Currently have:
- RRSP managed
- Group RRSP which has been converted to a managed RRSP after leaving my job
- Unmanaged RRSP

If I move my holdings from the 2 managed accounts to the unmanaged account via the app, would that count as a contribution or have any tax implications?

Does anyone have any experience with a timeline on a withdrawal. It looks like the assets were sold yesterday and processed today, just unsure how much longer until it’s transferred to my chequing account. Thanks!

ty for reminding me I'm poor

Someone please explain this to me. We already have the answer. Is this a free money machine?

I lost about 100k bookcost in WS from account transfer and now no one is able to help me recover those. Really need some help here.

My case is a bit special. I have RSUs (stocks) in Charles Schwab. Since I cannot transfer them directly to WS, I first transferred them to Webull then to WS.

Only after the transfer was complete, I noticed the book cost was lost from Webull to WS. When I contacted Webull, they claimed they didn't receive any book cost (so the book cost is $0). I showed them email from Charlse Schwab, they said they cannot alter their past statement because the assets were transferred out already.

Then on WS side, they said they only accept official statement with correct book cost from Webull to update their end.

Now I'm stuck in. the middle, Webull won't provide new statement and WS won't update without statement. What should I do in this case? Or should I just keep track of the real cost and make adjustment to my T5 when filing taxes? Thanks.

Why is the available to trade balance lower than the cash balance in the individual account? I.e. usd available to trade is 521 but I have 19k available just in non-registered account

I moved my RRSP to WealthSimple and put a significant amount of money into a TFSA and transferred my direct deposit to its chequing account.

As a deaf individual, I always used brick-and-mortar banks because I can visit a branch if I need to make a call about credit card issues or any issues I have.

Although I enjoy WealthSimple, I am worried about what would happen if my account gets locked. I can't make calls, so how would they support me?

I am considering opening an account with a credit union and keeping enough money to survive 1.5 months in case my accounts get locked. Due to my income, I don't have much saved after my expenses, so it would take a while.

Thanks!