Interactive Broker is trading platform where you can trade in many currencies. I have recently started using for US stocks (thanks to OzB fella). Less fees.
However, they have $200 referral bonus in case you refer. Does not mention about putting any trade by ur friend for you to be eligible for $200. Just opening of account shd suffice needs.
Do use OzB members referral code from here and help support community get benefited. Unless you are married and want to refer your other half 😉
Feel free to report it for forums if you feel so. But $200 seems pretty neat to claim so worth being a bargain?
To participate in the Trader Referral Program
Click Manage Account > Trader Referral.
Enter the first name, last name and email address of the person to whom you want to send an invitation to open an account with us.
Repeat these steps for each person you want to refer.
You will receive a bonus based on the payout rules listed above.
Edit- The IBKR app doesn’t say anything like having minimum deposited $10K or alike. Exercise due caution to decide it’s worthy deal or not.
* By clicking one of the actions above, you acknowledge and agree that.
• You will not have any involvement with a referred client's I BKR account after the initial referral.
Specifically, you agree not to do any of the following:
help set up the referred client's account;
train referred clients to use IBKR's trading platform, solicit or place orders or have any other ongoing involvement in the referred client's trading of their IBKR account;
act as financial advisor or hold power of attorney or discretionary trading authority over a referred client's account;
act as a point of contact between the referred client and IBKR; or
distribute advertising or marketing materials about IBKR without IB's written consent.
• You will not hold yourself out as an employee or agent of IBKR.
• You will be paid a flat fee Payout of $200 per eligible referral and may refer up to 15 friends or family in a year or 30 total.
• Payouts are limited to one payment per person or entity that opens an account, regardless of how many accounts they open.
• You are not a resident of Spain or Japan and understand that you will not receive a Payout for referring clients who are domiciled in Spain or
Japan or other ineligible countries.
The Payout terms above are the ones in place now, and we expect them to continue. However, IB may change the terms of legal or commercial reasons and the terms of this program shall be specified on the IB. IBKR may alter these policies at any time by amending the IB website