Wealthsimple Scam

Is wealthsimple scam a query arising into many user’s minds as investing for the future is a delicate thing where we need to be cautious. People do try investing for their future as no one knows when or what the situation will have to face ahead. People usually have trust issues with the investment companies due to fraud, but they do invest for the future.

So, natives of the United States have an opportunity to invest, send cash, and start building a portfolio. They also offer powerful financial tools which will help us out at our difficult times. They also have social media pages on Instagram, Facebook, and Twitter, and their icons are also provided on the website, which directly leads us to the particular page.

What is wealthsimple.com?

It is an online website where users can invest, transact and also build portfolios. The menu bar has listed the products like invest, cash, trade, crypto, and tax. They want to democratize wealth by giving financial tools to everyone

Everyone needs to have financial freedom so that it will be helpful for them in the future, so iswealthsimple scam or legit will help us get an idea and make decisions about investing.

Many companies trust this website like Packetlabs, Financeit and many more also their reviews are given on the website. More informative things are made available for the user’s knowledge like a free retirement calculator, simple rules for investing, and some ebooks so that a user who is new to this financial procedure also knows about it. 

They also have their app named as wealth simple cash app for online transactions. Frequently asked questions are also available on the site to get a better idea.


● Contact Address: 241 Spadina Avenue, 3rd Floor Toronto, ON M5T 2E2, 20 Jay Street, Suite 928 Brooklyn, NY, United States, 3rd Floor, 20 Grosvenor PI London, SW1X 7HN

● Contact Number: 1-855-255-9038

● Category of the website: This website comes under the financial category.

● Email Address: they have provided a mail id for inquiry that is press@wealthsimple.com

● Awards and recognition achieved: Best financial service website, FINTECH 100 for being in the top 100 global financial technology companies, and EY Entrepreneur of the year.

● Social media presence: Twitter, Facebook, Instagram.

● Services provided: Invest, Cash, Trade, Tax, For work.


● They have their app for making transactions.

● Ebooks, videos, and tools are provided on the website for prior knowledge.

● Frequently asked questions are mentioned on the website.

● They also have social media pages that can give us some proof about is wealthsimple scam or legit.

● They are providing the user with an opportunity to invest and to be rich in the future.


● The account management fees are high.

● The finance tools are powerful but in a limited quantity.

● They have provided limited choices in portfolio creation.

Is wealthsimple scam or legit?

While surfing any website for use, it is essential to undergo all the details mentioned on the website, especially when it comes under the financial category or if there is a need to transact. 

While research, we have found the icons of the social media pages present on the website, which leads us to the particular page. 

They have a good number of followers which means that the recognition mentioned on the website is trustworthy. The trust score for this website is 4 out of 5, which proves it to be legit.

Wealthsimple.com reviews?

While undergoing some websites, we have found some customers feedbacks stating that they help customers manage their money and in funds, which gave us a hint about is wealthsimple scam. They also love the UI and customer service that they provide. And some of the customers also have appreciated the website being user-friendly.

Final Verdict

Finally, after going through the feedbacks and the website information, we can conclude that this site is legit. They also have social media pages where followers have provided positive feedback, and they too have a considerable number of people who follow them.

ParametersYes/no/trust score
Social media presenceyes
Trust score4 out of 5
Customer reviewsyes
SSL Encryptionyes


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