Referral Member

Eligibility

Participation in the Refer a Friend program is limited to IBKR clients with an individual or joint account that has a net liquidation value (NLV) of at least USD 2000 and has placed at least one securities trade in their account. Geographic restrictions may apply. A bonus can only be paid if the referred client uses the unique application link that is shared with them.

Residents of Japan, Spain, Portugal and Israel are not eligible to participate in the program. Residents of Canada are eligible to participate as referrers and receive the USD 200 referral bonus, but are ineligible to earn welcome shares. Tax-deferred and tax-advantaged accounts are ineligible for both the referral bonus and awarding of Interactive Brokers stock. Shares and Payments will not be awarded where Interactive Brokers has confirmed that local law or regulation prohibits such arrangements. In addition, Financial Advisors, Hedge Funds, and Institutional accounts, including introducing broker and proprietary trading accounts are ineligible for the program.

Referrer Payout

Referrers are paid USD 200 for each referred client when the referred client opens an individual or joint account and maintains a balance of at least USD 10,000 for one year.

Referred Payout

Referred accounts will receive USD 1 in IBKR shares for every USD 100 of value (cash or other assets) added to their account for up to USD 1000 worth of IBKR shares. The average balance must be maintained for at least 1 year for the shares to vest and be accessible.

Restrictions

Referrers are prohibited from having any involvement with the referred account once the referral is complete. In particular, the referrer must agree not to:

• Assist with the preparation of the referred client's IBKR account
• Train clients to use the IBKR platform
• Act as a point of contact between IBKR and the referred client
• Maintain any relationship with the referred client regarding the referred client's IBKR account, including trading in the referred client's account
• Distribute advertising materials about IBKR without IBKR's prior approval
• Gather or provide IBKR with client applications or supporting materials
• Refer their own accounts

Referrers are limited to 15 referrals per year and 30 referrals total. Referral bonuses and welcome shares will not be paid when the referrer and the new client are within the same household.