Referral Fee Program Application

Overview

Interactive Brokers is pleased to invite you to join our Flat Fee Referral Program. The Flat Fee Referral Program offers payouts for client referrals. The program is available to select individuals who specialize in training, coaching, providing trading information, systems and tools, or related professional services. Professional services may include websites, forums, seminars, scheduled courses, or other training or educational programs. Referral Partners may not present themselves as financial advisors or brokers to clients and may not provide direct trading advice or recommendations with respect to any specific transaction or specific investment product. It is the sole responsibility of the Referral Partner to (1) ensure that his or her services and referral activities are exempt from licensing requirement by regulators in the countries and jurisdictions in which he or she operates, (2) act in accordance with all legal, ethical, and acceptable business standards.

Application Process

In order to participate in the referral fee program you must first fill out the below application. Your application will be reviewed and you will be notified (via email) of your status by the 15 of the following month.

Referring Clients

Once your application has been approved, you will receive a confirmation email along with: (1) a unique referral code, (2) instructions to send personalized email invitations and (3) instructions to generate a unique hyperlink to our account application page that you can use for referrals. You can use any of the three methods to refer clients and earn fees. To use the referral code, you must ensure that prospects enter the referral code during the account opening process. Alternatively, any accounts opened through the personalized emails or your hyper link will be recognized as your referrals. In order for you to receive fees for a referred account, the referred client must meet all of the criteria listed in the Payout Rules below.

Due to regulatory restrictions, IB can neither accept referral partners from Spain, nor pay referral fees for accounts originating in Spain.

Payout Rules

Payouts to Non-US Referral Partners are subject to the following rules:

  • Referred clients must maintain at least $10,000 or USD equivalent in their account.
  • For each referral, IB will pay 30% of commissions up to $200.00.
  • The first payment of $100.00 will be sent when the referral reaches $333.34 in commissions.
  • The second payment of $100.00 will be sent when the referral reaches $666.67 in commissions.
  • Payouts are available for up one year from the opening of the referred customer's account. No payouts will be made for commissions generated after the first year.

Payouts to US Referral Partners are subject to the following rule:

  • Referred clients must maintain at least $10,000 or USD equivalent in their account for a minimum of one year.
  • A payment of $200.00 will be sent when a referred client opens and maintains a funded account for one year.

Referral fees will be paid out on a monthly (mid-month) basis.

Restrictions

Please note that you cannot participate in both the referral partner and advisor programs. Interactive Brokers will not approve your referral application if you currently hold an advisor account with us. Also, if you join the advisor program after you have been approved to be a referrer, you can no longer participate in the referral fee program.

Name:
Title:
Occupation:
Employer:
Employer’s Address:
Work Phone:
E-mail address:
Tax ID Number:
Country of Tax
ID Number:
Date of Birth:
Description of Employer’s Business:
Description of your primary job function:
What relationship/connection do you have to prospective customers who you may refer to Interactive Brokers?
How do you communicate with these customers and what types of information do you provide to them?
In what countries are these customers located?
Are you registered or required to be registered with any regulatory authorities?
YES
NO
If yes, in what capacity are you registered? With what regulatory authority?
Are you required to be registered with the U.S. Securities and Exchange Commission or a Canadian securities commission as a broker-dealer?
YES
NO
Have you ever been sanctioned or disciplined by any regulatory agency?
YES
NO
Have you ever been convicted for violations of any securities laws or have you ever been the subject of any civil complaint for securities violations?
YES
NO
Referral Fee payments to be made out to:
Who guided you to this application?
I hereby acknowledge that I have read and agree to the terms in the Referral Agreement.
YES
NO

Please be aware that:

  • In providing information about or referrals to IB, any statements or representations or information provided by you must be true and correct and must be consistent with the information provided on the IB website. You are not authorized to prepare marketing materials or advertising regarding IB.
  • This Agreement does not apply and IB will not pay a referral fee for any Customer or account for which you act as financial advisor or for which you hold a power of attorney or discretionary trading authorization.
BY TYPING MY SIGNATURE AND SENDING IT VIA THE INTERNET, I ACKNOWLEDGE THAT I HAVE READ AND UNDERSTAND THE ALL INFORMATION PROVIDED DURING THE APPLICATION PROCESS; THAT I INTEND INTERACTIVE BROKERS LLC TO RELY UPON IT; THAT I INTEND TO BE BOUND THEREBY; AND THAT I UNDERSTAND AND AGREE THAT MY ELECTRONIC SIGNATURE IS THE EQUIVALENT OF A MANUALWRITTEN SIGNATURE.
Signature: