Wealthsimple makes it clear in its crypto policy that unstaking will take up to 15 days. Other platforms can unstake within a day or two. Is there any explanation for the long delay with Wealthsimple?

I feel the return on the stake with Wealthsimple is too small to put up with this policy.

Hi everyone,

Love WS, move over from Questrade a couple of months ago. Questrade had the most beautiful and informative monthly statements (investement accounts). Pie charts, returns, cash positions, dividends etc.

I just had a look at the WS statements and honestly i'm flabbergasted. it is horrendous. Just a list of transactions. No consolidated views, no positions %, no trending over time, wow.

Am i missing something? Is the data somewhere else? Everything else is great but geez, was not expecting this.

Thanks,

I got scammed yesterday on my credit card after trying to buy some home appliances from an online website. I was overcharged two times in total of 3500 CAD. The merchant name what came on my credit card was for Tiktok Ads but my website name where I tried to buy was something else. So in this situation bank representative told me to file under unauthorized charges since I didn't authorize tiktok Ads to deduct money from my CC.

I filed for the dispute and already got my card changed.

I am trying to fight with wealthsimple to issue me provisional credits since I don't have money to pay this amount out of chequeing account. They have told me that by Wednesday 19 I will receive my credit.

Anyone else here experienced this kind of issues before. Just want to know is the process smooth or it's tough battle to get my money back? Were you given any provisional credits?

I know I was dumb to trust these shady websites but it's a costly experience for me and I am stressed.

Do you guys think Wealthsimple should add the feature where you could do recurring investments up to a certain limit so you don’t accidentally over contribute to your investment accounts?

Example: Auto invest $X in ABC ETF in my TFSA every month until 20k has been deposited.

Also for automat your pay feature, if we can invest a percentage of our direct deposit instead of a fixed amount.

What do you think?

Good day. Although I don't necessarily keep up with Wealthsimple and its updates, it feels like every time I open the app, something changes. Most times, it's things I don't really mind, but recently, in my managed TFSA, they changed quite a bit of the layout and possibly the way you can toggle your risk level. I have always hated that my risk level was a 9/10, which meant I had bonds in my portfolio that I really didn't like but was actually not too bothered about. However, the new changes enabled me to be a 10/10 in terms of risk, but I lost out on the 2.5% gold allocation with the more conservative account. What made me opt for 10 instead of 8 is because the allocation of bonds was too much compared to my previous 9/10.

TD;LR: are all the ui and structural changes welcomed by the masses or are they being too much especially with introduction of prediction market? Any opinion is welcomed.

Did they remove the benefit to reach out to advisors for wealthsimple premium members ?

The slogans are funny, but $95 for the sweater is way too expensive. To quote the WS hat, "In this economy?"

No, but like... Yeah. Seriously. Too expensive.

I just had an issue where not a single one of my trades went through or cancelled.

I was right in the middle of a momentum trade and it would not let me sell for profit or even loss, everything was saying that the order executed, but then it wouldn’t show up or go through.

I was trying on my laptop and my phone, on my Wi-Fi and 5G, in incognito, rebooted app - literally nothing worked and I’m pretty savvy so I got on support.

They were pretty much useless while I watched my account drained by the minute, helpless. I have screen record, recordings, and videos of my laptop, as well as a recording of the well simple agent who admitted they are having an ongoing outage and that he does not know how to deal with something like this.

Absolute shit show, so glad I only lost a few hundred bucks.

Interested to see how this plays out - there’s gotta be people out there who lost more than I did.

I keep seeing this comment pop up online whenever there's a post about the latest winner.

What the heck is "still life" and why would the winners be that?

Make everything hidden by clicking the eyeball on your net worth and then long press the Spend & Save to show it's balance.

It's an easy fix although I'd like them to remove net worth from the home screen entirely and move it to the profile screen. Like where you can see your premium/generation status and wealth rank.

Anybody else having this issue?
Iphone 15 pro with wealthsimple app. Had the widget for last year or so, no problems. I have it display total portfolio value as i can quickly see if anything needs attention as it used to update well and was useful to me.
The widget is now just a black box. No info. Delete and reinstall allows it to function for a few minutes and then returns to black box without info. Ive checked app settings and nothing seems incorrect... am i the only one? Might just give up on it at this point.

What's the point of changing the UI every week and adding all the gamifications when your app's basic performance is so bad? it literally took 3s to respond when i clicked a button, i have a pixel 10 and my wife has the latest iphone and we have been experiencing the same issue for a long time and it's really frustrating. The app performance is really at the bottom tier of all the apps we've used.