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:
- Purpose of the Promotion:
- The "Welcome Shares" promotion aims to encourage satisfied IBKR clients to refer their friends to open new accounts with the brokerage.
- How It Works:
- When an existing IBKR client refers a friend who opens a new account, both parties can potentially benefit from the promotion.
- The new account holder (the referred friend) is eligible to receive up to USD 1,000 in IBKR shares as a welcome bonus.
- Reward Structure:
- Clients referred prior to August 14, 2025:
The number of IBKR shares awarded is based on the assets deposited into the new account during the first year. Clients will be eligible to receive USD 1 in IBKR shares (capped at USD 1,000) for each USD 100 of assets that they deposit into their account during the first year.
- Clients referred on and after August 14, 2025:
The number of IBKR shares awarded is based on the assets deposited into the new account during the first year. Clients will be eligible to receive USD 1 in IBKR shares (capped at USD 1,000) for each USD 300 of assets that they deposit into their account during the first year.
- There is a maximum value cap on the shares that can be received through this promotion.
- Eligibility:
- The promotion is available to friends of existing IBKR clients who open new accounts through referrals.
- Specific eligibility criteria may apply, so it is advisable to check the current terms and conditions of the promotion.
- Benefits:
- For new clients: An opportunity to receive IBKR shares, potentially increasing in value over time.
- For referring clients: A way to share the benefits of IBKR with friends while potentially earning a reward of up to $200 for the referral.
- Time Frame:
- The asset calculation for determining the share reward is based on deposits made during the first year of account opening.
It is important to note that the specific details of the "Welcome Shares" promotion, such as the exact number of shares offered or the maximum value, may change over time. For the most up-to-date information on this promotion, including any terms and conditions, it is recommended to visit the official Interactive Brokers website.
Please Note
- The existing client of IBKR making the referral gets no shares due to regulatory reasons. The Program is void to residents of mainland China, Denmark, Israel, Japan, Poland, Portugal, and Spain.
Additional Information