Interactive Brokers for dummies

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In fact, you cannot find it online but here is what I got from the Support back then:

Initial Description: Why did I not receive my referral bonus?

Response from IBCS at 30-Dec-2021

Dear Mr. FunnyDjo,

Kindly note that flat Fee-Based Referrers earn payouts based on their country of residence. Payouts to referrers outside of the United States are subject to the following rules:

  1. The first payment of $100.00 will be sent when the referred account reaches $333.34 in commissions.
  2. The second payment of $100.00 will be sent when the referred account reaches $666.67 in commissions.
  3. Referred clients must maintain equity of at least $10,000 or USD equivalent in their account.
  4. Payouts are available for up to one year from the opening of the referred customer account.
  5. Referral fees will be paid on a monthly (mid-month) basis.

Please Note

  1. Payments are subject to the terms and restrictions of the program. IBKR is under no obligation to pay out the referral bonus should all terms not be met.
  2. No payouts will be made for any account migrated to a broker or an advisor.

Find more information on the Referral Programs page of the IBKR website: Referrer | Interactive Brokers LLC

Regards,
Varsha A
IBKR Client Services

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