--- title: "What is Arrow’s referral programme, and what are its benefits?" 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: what-is-irage-s-referral-programme-and-what-are-its-benefits canonical: https://support.arrow.trade/console/profile/what-is-irage-s-referral-programme-and-what-are-its-benefits/ --- # What is Arrow’s referral programme, and what are its benefits? > 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 is not 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 is not 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. The brokerage earned through referrals until July 31, 2024, has been paid out if the referral wallet balance was more than ₹10. Clients can continue to refer friends, family, and colleagues to open iRage accounts and receive 300 reward points for each successful referral. The reward points can be used to waive the annual Account Maintenance Charge (AMC) or subscribe to iRage’s paid 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. To refer a person, follow these steps: Tap on the Client ID. Tap on Invite friends. Tap on Share. Log in to Console. Click on the Client ID. Click on Rewards & referrals. Enter the name, email, and mobile number. Click on Submit. Visit arrow.trade/refer. Enter the Client ID. Share the affiliate link on WhatsApp, Facebook, Twitter, or LinkedIn. Once the referral is successfully registered, the account needs to be opened within 60 days. If a prospect has registered with Arrow by entering the contact details on the iRage website and later uses the referral link to complete the account opening process, the referral mapping will not be done. To see if the referral is already registered, try to refer through app.arrow.trade/refer to get an instant confirmation response message. For example, Mr A visits the iRage website and registers to open an account on 1st March but does not complete the process. On 2nd March, if a referral link is used to open an account, the referral mapping will not be done. Did you know? The referral wallet will be blocked if there is any breach of the terms and conditions. To view the terms and conditions of the referral programme, visit arrow.trade/tos/referrals. Referral benefits will be considered for new accounts from 1st January 2020. Referrals can be made through minor accounts. However, the benefits will be limited to 300 reward points for each successful referral. Clients can also copy the referral link from Console and share it with their friends, family and colleagues. If an account is opened from this link, clients will receive referral benefits. ## 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/what-is-irage-s-referral-programme-and-what-are-its-benefits/ Publisher: Arrow / iRage Broking Services LLP