Available in over 200 countries and 28 currencies, Interactive Brokers is a Nasdaq-listed brokerage that holds over 3.3 million accounts. It is known for its wide-ranging investment options, including commission-free stocks, options and ETFs, as well as cryptocurrency, precious metals and futures. It also has a fantastic referral program, allowing you to share in the profits with a special referral bonus from the Refer a Friend program.(1) (2)
| Refer a Friend | $200 per referral | Referred clients must deposit $10,000 within first 30 days into a new individual or joint account and maintain minimum a balance of $10,000 for one year |
Interactive Brokers’ best bonus offer
With the Refer a Friend program, you can receive a special bonus when you refer new customers to the brokerage. Both individual and joint accounts qualify, but there are some requirements for this Interactive Brokers promotion. (3)
The referred client must deposit $10,000 within the first 30 days of opening the account and maintain a minimum balance of $10,000 for one year. After this, referrers will be paid $200 per successful referral.
Eligibility
To participate in the Refer a Friend program, you must:
- Be a current Interactive Brokers client with either an individual or joint account.
- Have a minimum $2,000 net liquidation value (NLV).
- Must have placed at least one securities trade using your account.
The referred client must use the unique application link for the Interactive Brokers bonus to count. Referrers may receive up to 15 referrals annually and 30 total lifetime referrals.
Additional restrictions apply. Referrers may not be family members of the referred client, and they may not live at the same address. Those who live in Japan, Denmark, Spain, Portugal, Poland and Israel can not participate. Tax-deferred accounts are ineligible.
Compare more broker account bonuses
The Interactive Brokers promotion for referrals is an excellent way for existing customers to make extra money when their friends sign up.
However, other providers like Moomoo offer more opportunities for bonuses and promotions, so it is important to compare alternatives to Interactive Brokers before deciding where to open an account.
Frequently asked questions
What is the $1000 bonus on Interactive Brokers?
Referred accounts can receive $1 in Interactive Brokers (IBKR) shares for every $100 of value added to their account for up to $1000 worth of IBKR shares.
What are the benefits of Interactive Brokers?
Interactive Brokers is a popular brokerage for options trading and other types of investments with a helpful robo-advisor feature to jumpstart your portfolio. There is a robust collection of educational tools and resources, and overnight trading is even available for added convenience.
What is the disadvantage of Interactive Brokers?
Interactive Brokers requires a minimum of $10,000 to begin earning interest on your account, and the FDIC-insured cash sweep program is only valid for the Pro plan.
