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Interactive Brokers is a robust trading platform that's known for commission-free trading and low margin rates. Read on for a look at a couple current Interactive Brokers promotions available to users.
A great low-cost option for small trade volume. While the interface isn't as clean or modern as other brokers, it gets the job done. Interactive Brokers is also a great choice for options investors, traders, and those trading on margin.
As low as $0 stock trades
$0
On Interactive Brokers' Secure Website.
How you earn it: If you have an Interactive Brokers (IBKR) account with at least $2,000 and you've made at least one trade, you can earn a $200 referral bonus for each person who signs up for an individual or joint account using your unique application link. You'll receive the bonus once the person you referred deposits at least $10,000 within 30 days of opening their account and maintains the balance for one year.
The person you refer can receive $1 in IBKR shares for each $100 in value they add to their account. For example, if they transferred $1,000 in cash to their new Interactive Brokers account, they'd receive $10 worth of IBKR shares. But they'll need to maintain their average balance for one year before their shares vest and become available. The maximum value of the shares a new referral can receive is $1,000.
How you qualify: You can only receive 15 referral bonuses per calendar year, or 30 total. That means if you referred 15 friends or family members during the year and they each met the deposit requirements, you could earn up to $3,000 in 2024. However, the maximum you can earn through this promotion is $6,000 if you refer 30 people over multiple calendar years.
The offer only applies to taxable brokerage accounts. If the person you refer to Interactive Brokers opens a tax-advantaged account, such as an individual retirement account (IRA), neither of you will be eligible for the bonus. Geographic restrictions also apply.
You won't qualify for the promotion if you and your referral live in the same household. You're also prohibited from involvement in any trading activity in the referral account.
Details: This is a fairly competitive brokerage referral bonus, though the requirements to earn it are more onerous than what you find with most online brokerage referral programs. Your referral needs to deposit $10,000 and maintain that balance for one year.
For example, Robinhood offers a bonus of gift stock for each person you refer who opens an account and links it to their bank or debit card. There's no minimum deposit requirement they need to make for you to earn the bonus. Though there's the potential to earn gift stock valued between $5 and $200, Robinhood says the gift stock will be worth $5 for about 99% of users who refer someone.
Offer expires: No expiration date is listed, but Interactive Brokers reserves the right to change the terms of its referral program at any time.
How you earn it: Interactive Brokers offers a free trial for its Trader Workstation platform, IBKR Mobile, and IBKR Desktop, along with its advanced trading tools, and research. You can simulate trading with $1 million in the trial account, though of course, that $1 million is hypothetical money. If you like what you see with the free trial, you'll need to open a live account and fund it with real money to start trading.
How you qualify: You only need to provide your email address and create a username and password to begin your free trial.
Details: Beyond getting access to research materials that you might otherwise have to pay for, you're not really getting much for free here. To start investing, you'll need to switch to a live account and then fund the account. Many platforms offer virtual or paper trading so would-be investors can take a test run before investing actual money.
Brokerage firms often change their promotional offers. Check this page in the future, as we'll keep it updated on any changes to Interactive Brokers bonuses and promotions.
If you're an Interactive Brokers customer who's happy with the stock trading app, referring friends and family members who have at least $10,000 to invest could be worthwhile. But keep in mind that this promotion isn't a quick way to earn cash. You'll only receive the bonus if your referral opens an account, deposits a $10,000 minimum, and maintains at least a $10,000 balance for at least a year.
We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2025.
Broker | Best For | Commissions | Learn More |
---|---|---|---|
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5.0/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
|
Full-service investing at every experience level | $0 commission for online U.S. stock and ETFs*. No account fees****. |
Learn More for Fidelity
On Fidelity's Secure Website. |
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4.5/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
|
Managing your finances under one roof | $0 for stocks, $0 for options contracts |
Learn More for SoFi Active Investing
On SoFi Active Investing's Secure Website. |
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4.5/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
|
Low fees on stocks, ETFs, crypto, and options | $0 for stocks, ETFs, and options |
Learn More for Robinhood
On Robinhood's Secure Website. |
Interactive Brokers pays a $200 referral bonus for each person you refer who deposits at least $10,000 and maintains the $10,000 minimum balance for a year. Your referral receives $1 of IBKR stock for every $100 they deposit.
To get $1,000 of IBKR stock for free, you'll need to sign up for an account using a referral code from a friend. You'll receive $1 of IBKR stock for every $100 you transfer up to $1,000. So to get the full $1,000, you'd need to transfer $100,000. You'll then need to maintain your balance for a full year before you'll have access to your shares.
You won't receive the Interactive Brokers referral bonus until your family member or friend has held the account for one year and maintained at least a $10,000 balance. If the person you refer receives a bonus of IBKR stock, they'll have a one-year vesting period before they can access their shares.
You can get up to 15 referral bonuses from Interactive Brokers in a calendar year, but you're limited to 30 referral bonuses overall.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands. Terms may apply to offers listed on this page.
Interactive Brokers disclosure:
The inclusion of Interactive Brokers’ (IBKR) name, logo or weblinks is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Fidelity disclosure
Investing involves risk, including risk of loss
* - $0.00 commission applies to online U.S. equity trades and exchange-traded funds (ETFs) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (historically from $0.01 to $0.03 per $1,000 of principal). Other exclusions and conditions may apply. A limited number of ETFs are subject to a transaction-based service fee of $100. See full list at Fidelity.com/commissions. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Institutional® are subject to different commission schedules.
**Fidelity Crypto® is offered by Fidelity Digital Assets®. Investing involves risk, including risk of total loss. Crypto as an asset class is highly volatile, can become illiquid at any time, and is for investors with a high risk tolerance. Crypto may also be more susceptible to market manipulation than securities. Crypto is not insured by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. Investors in crypto do not benefit from the same regulatory protections applicable to registered securities. Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by Fidelity Digital Asset Services, LLC, which is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business (NMLS ID 1773897). Brokerage services in support of securities trading are provided by Fidelity Brokerage Services LLC (“FBS”), and related custody services are provided by National Financial Services LLC (“NFS”), each a registered broker-dealer and member NYSE and SIPC. Neither FBS nor NFS offer crypto as a direct investment nor provide trading or custody services for such assets. Fidelity Crypto and Fidelity Digital Assets are registered service marks of FMR LLC.
***Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.
****Zero account minimums and zero account fees apply to retail brokerage accounts only. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs) and commissions, interest charges, or other expenses for transactions may still apply. See Fidelity.com/commissions for further details.
Robinhood disclosure
All investments involve risk and loss of principal is possible.
Securities are offered through Robinhood Financial LLC, member FINRA/SIPC. Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected. For more information see the Robinhood Crypto Risk Disclosure.
Trades of stocks, ETFs and options are commission-free at Robinhood Financial LLC. Other fees may apply. Please see Robinhood Financial’s Fee Schedule to learn more.
Fractional shares are illiquid outside of Robinhood and are not transferable. Not all securities available through Robinhood are eligible for fractional share orders. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of our Customer Agreement.
Robinhood Gold is an account offering premium services available for a $5 monthly fee. Not all investors will be eligible to trade on Margin. Margin investing involves the risk of greater investment losses. Additional interest charges may apply depending on the amount of margin used. Bigger Instant Deposits are only available if your Instant Deposits status is in good standing.
Investing is risky. Bonus offers subject to terms and conditions, visit robinhood.com/hoodweek for more information. Margin is not suitable for all investors. Robinhood Gold is offered through Robinhood Gold LLC and is a subscription offering services for a fee. Brokerage services offered through Robinhood Financial LLC (member SIPC), a registered broker dealer.