---
title: "Do the reward points expire?"
description: "According to the exchange circular (PDF), beginning August 15, 2024, brokers are prohibited from paying referral commissions to individuals not…"
category: console
subcategory: profile
slug: do-the-reward-points-expire
canonical: https://support.arrow.trade/console/profile/do-the-reward-points-expire/
---

# Do the reward points expire?

> According to the exchange circular (PDF), beginning August 15, 2024, brokers are prohibited from paying referral commissions to individuals not…

## Short answer

According to the exchange circular (PDF), beginning August 15, 2024, brokers are prohibited from paying referral commissions to individuals not registered as an Authorised Person (AP). As a result, iRage will not be permitted to pay the 10% brokerage generated by referrals through the referral programme from August 25, 2024, until the exchange provides further clarification. However, 300 reward points will still be given for each successful referral.

According to the exchange circular

beginning August 15, 2024, brokers are prohibited from paying referral commissions to individuals not registered as an Authorised Person (AP). As a result, iRage will not be permitted to pay the 10% brokerage generated by referrals through the referral programme from August 25, 2024, until the exchange provides further clarification. However, 300 reward points will still be given for each successful referral.

No, reward points do not expire. They can be accumulated and redeemed to subscribe to iRage partner products and are non refundable. The reward points required for each partner product can be viewed under Rewards by logging into app.arrow.trade/refer.

## Related

- Browse more in [profile](/console/profile/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

---

Source: https://support.arrow.trade/console/profile/do-the-reward-points-expire/
Publisher: Arrow / iRage Broking Services LLP