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Interactive Brokers Referral Bonus: Earn up to $1000 of IBKR stock!

George Sweeney, DipFA| Updated January 15th, 2023

If you’re looking for one of the best free stock promotions available, the Interactive Brokers bonus offer might tick all your boxes. We’re going to explain everything you need to know about the Interactive Brokers referral scheme. And, how you can qualify for this blockbuster promotion that could earn you up to $1,000 worth of free stock in the Interactive Brokers Group (IBKR).

Interactive Brokers is a US-based brokerage firm and it operates some of the largest investment and trading platforms across the UK, Europe, America, and the rest of the world. To increase the number of customers using its investing platform, the company is offering a fantastic referral bonus. Potentially rewarding new users with thousands of dollars worth of free stock in the company.

Simply open up an account using this Interactive Brokers referral link and you could earn up to $1,000 worth of IBKR stock as a bonus by following the instructions below.

Interactive Brokers (IBKR) referral bonus promotion terms

💰 Interactive Brokers Referral Bonus Up to $1,000 of free IBKR stock
🤝🏿 Condition Per each $100 deposit, you get $1 worth of IBKR stock
🏆 Interactive Brokers Referral Link Interactive Brokers Referral Link
🌐 Available in Worldwide (with some exceptions)

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How does the Interactive Brokers (IBKR) referral program work?

Here’s a complete step-by-step guide explaining everything you need to know about how to qualify and earn up to $1,000 worth of Interactive Brokers (IBKR) stock:

  1. Use the link: sign up using this referral link and set up your individual or joint Interactive Brokers account. 
  2. Deposit funds: you’ll then need to deposit funds to start using the brokerage platform. The amount of free bonus IBKR stock you qualify for will depend on how much you put into your Interactive Brokers account.
  3. Get your free stock: for every $100 (or its equivalent in another currency) worth of cash or assets you add to your account during the first year, you get $1 worth of free IBKR stock. This is up to a maximum of $1,000 worth of free IBKR bonus shares. But your average balance will be calculated and must be maintained for at least 1 year for the shares to vest and be accessible.
  4. Refer a friend: once you have your account set up, you can become a ‘Referrer’ by sending your unique code to friends and family. For each person who signs up, you can get a $200 cash bonus if your account has a Net Liquidation Value (NLV) of at least $2,000 and you’ve placed at least one trade. They’ll also need to sign up using your link, deposit at least $10,000 in the first 30 days (and maintain an average balance of $10k over a year).

How long before I can cash out my free IBKR stock?

Once you start earning free IBKR shares through this referral promotion, you have to wait one year before you can sell, exchange, transfer, assign, or dispose of your bonus IBKR stock from the award date.

So, if you deposit gradually throughout the year, you’d also get gradual access to your bonus shares on a rolling basis over the next year. If you deposit in a lump sum to qualify for the full $1,000 worth of free stock, you can access all of those shares exactly one year from that date.

Where is the IBKR referral bonus available?

Currently, you can qualify for the Interactive Brokers referral bonus if you’re based in any of the countries the brokerage operates in (apart from the exclusions described below).

You can check out the full list of worldwide countries here that Interactive Brokers allow users to reside in. The ‘Refer a Friend’ bonus promotion should be available in all these countries apart from a few exceptions. 

Right now, this Interactive Brokers referral promotion is not available for users in:

  • Japan
  • Israel
  • Spain

So, you may as well sign up for Interactive Brokers with a regular referral link. Residents of Canada and India can become a ‘Referrer’, but you’re not able to get the free bonus welcome stock if someone refers you. So, you can just sign up normally and then refer friends outside your country.

When will this promo deal end?

This is an ongoing promotion offered by Interactive Brokers and the referral bonus is designed to encourage you to spread the word, helping them get new customers on board. But, this Interactive Brokers referral promotion can change at any time. Or, they might lower the offer if it gets too popular.

Is there a limit to the number of IBKR referral I can make?

Yes, there’s a cap. You can refer up to 15 friends or family in a calendar year, which means potentially earning up to an extra $3,000 in bonus cash! You’re also allowed to refer up to 30 people in total. So you could earn up to $6,000 overall with the Interactive Brokers referral promotion.

Bottom line

The Interactive Brokers referral promotion is a great way for you to sign up to one of the biggest brokerage platforms in the world and get yourself up to $1,000 worth of free IBKR stock as a bonus!

Once you’re set up with Interactive Brokers, you can then become a referrer yourself. And, for every person you refer, you can earn $200 cash straight into your account. 

There are some international exceptions for the ‘refer a friend’ promotion, and qualifying criteria for the Interactive Brokers (IBKR) referral bonus can be quite strict. So, make sure you read all the details mentioned above before signing up and referring more friends. Let us know how you get on in the comments below.

George Sweeney, DipFA
Contributor

George is a freelance writer and qualified financial advisor who focuses on educating others in personal finance and investing. His work has been featured on The Motley Fool, Finder, Freetrade, Yahoo Finance, MoneyMagpie, and Online Mortgage Advisor.‍

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