With the Refer a Friend promotion, you as the referred client have a "Welcome Share Balance" during the Award Period that changes based on the amount of net deposits. The number of shares you are entitled to may increase or decrease as deposits or withdrawals are made into/out of the referred account. The IBKR shares are granted at the end of the Award Period. …

If you are a current client (joint or individual) that has at least $2,000 in equity and have executed at least one securities transaction, you will receive a message through the FYI system that will allow you to refer a friend through the Refer a Friend promotion…

Your friend will receive an email for the Refer a Friend promotion with a link to open an account. The link provided must be used to participate in the program…

The "Refer a Friend" promotion is an attractive incentive program offered by Interactive Brokers (IBKR) designed to reward both existing clients and new account holders. Here is what you need to know about this promotion:

1. Purpose of the Promotion:…

Welcome Shares can be sold or transferred 1 year from the award date of the deposit associated with the share grant. This date is referred to as the Anniversary Date…

Yes, you can refer a family member to the Refer a Friend promotion provided the referred family member’s account does not share the same physical address as yours.

Additional Information…

There is not a limit to the number of friends you are able to refer to the Refer a Friend promotion but you are limited in receiving the flat fee Payment of USD 200 per eligible referral for up to fifteen (15) friends or family in a calendar year and thirty (30) total. …

Under the Refer a Friend promotion, you can open an Individual or Joint general investment account. The following account types are not eligible for the promotion:

• Tax-deferred accounts: This includes ISA, TFSA, and IRA accounts
• Professional accounts: Accounts held by Financial Advisors, Hedge Funds, or Institutional Clients…

Yes, you will be entitled to receive any and all dividends or other distributions paid with respect to the IBKR Shares in the Referred Account, although the tax treatment of such distributions may differ from the treatment if the Transfer Restriction had not been in effect prior to the Anniversary Date. You will also be entitled to vote with the IBKR Shares held in the Referred Account…

If you choose to withdraw funds within the first year then your Welcome Share balance will decrease (not below zero) upon a withdrawal from your Referred Account based on the following formula:

Number of Shares Returned to IBKR= (Withdrawal Value / Net Deposit Value Before Withdrawal) x Welcome Share Balance Before Withdrawal…

IBKR will grant shares to a referred client’s IBKR account based on the net fair market value of assets deposited into the referred client’s account. The value of assets transferred in is computed using the closing price for the business day before IBKR learns of the transfer (date “T”). Specifically, market value is calculated as Quantity * Closing Price on T-1. IBKR shares will then be granted using the IBKR Closing Price on the day the transfer is processed. …

Clients are responsible for all tax payment and reporting obligations that arise as a result of the grant, vesting, settlement or ownership of the IBKR Welcome Shares, as well as the subsequent sale or other disposition of any Shares. When the grant vests, we will withhold in shares for foreign clients and liquidate the fractions for clients that can not hold fractions…

The Welcome Shares Bonus Program at Interactive Brokers (IBKR) is designed to be a one-time benefit for new clients. Here are the key points to understand about this program:

1. One-time eligibility: The Welcome Shares Bonus is applicable only once per client, regardless of how many accounts you open or what types of accounts you have…