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How to cancel Wealthsimple

A quick, up-to-date guide to cancelling Wealthsimple — and keeping proof that you did, in case you're charged anyway.

Before you click cancel: the moment you cancel is exactly when proof matters. CancelProof records your cancellation — the pages, the clicks, the confirmation — so if Wealthsimple bills you after you cancel, you have a refund pack ready. Add to Chrome — Free

Cancel Wealthsimple in 5 steps

  1. Sign in to the Wealthsimple app or wealthsimple.com.
  2. Open the plan/subscription settings (Wealthsimple's premium tiers depend on your balance or a subscription, by region).
  3. Downgrade your plan or cancel the subscription tier.
  4. For managed investing, review any transfer/withdrawal steps and tax implications.
  5. Get a cancellation confirmation and keep it.

What happens after you cancel

Wealthsimple's premium tiers are tied to a subscription or balance depending on your region. Downgrading stops the associated fee; your account stays open. Moving invested funds may take a few business days and can have tax implications.

Subscribed through Apple, Google, or another provider?

Wealthsimple is managed within its app/account — there's typically no app-store subscription to cancel.

Charged after cancelling Wealthsimple?

It happens more than it should. If a charge lands after you cancelled, here's how to get your money back from Wealthsimple — and why documented proof is what makes the difference.

Frequently asked questions

Will Wealthsimple charge me after I cancel?
It shouldn't. After you cancel, Wealthsimple keeps your access until the end of the billing period you've already paid for, then stops billing. If a charge still appears, see our guide on being charged after cancelling Wealthsimple.
Does cancelling Wealthsimple delete my account?
No. Cancelling stops future billing but usually keeps your account so you can return later. Deleting your account is a separate action in Wealthsimple's settings.
How do I know my Wealthsimple cancellation worked?
Look for a cancellation confirmation email from Wealthsimple and check that your account shows the plan ending. Keeping that confirmation — an email or a screenshot — is your proof if there's ever a dispute.

Cancelling something? Keep the proof.

CancelProof records your cancellation automatically — so if you're charged anyway, you're covered.

Add to Chrome — Free

Source: Wealthsimple Support. Steps can change — always confirm on the official page.

CancelProof documents your cancellation; it does not cancel anything for you and is not legal advice.

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