Referrals and rewards
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, Zerodha 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.
Hope you are enjoying the new products and features we are constantly pushing at Zerodha. Better yet, we have several big announcements scheduled over the next few weeks. We have always taken the approach of building the best products for you and let word of mouth marketing spread the goodness. We have refused to raise external VC and PE funding even at irresistible valuations as we firmly believe that external investors can potentially change the focus from products to inorganic client acquisition sprees with big marketing budgets. This is something that is just not in our DNA.
Thanks to you, even with zero advertising spends, we are the largest retail stock broker in India today. But, with zero brokerage for equity investing and no-fee direct mutual funds, we work with razor-thin margins. All of what we do makes business sense only at a large scale, and we look forward to your continued support to help spread the word. We have just launched a brand new referral program to make this rewarding for you as well.
Refer your friends on Console and earn reward points
You can enter a friend’s contact details or copy the affiliate link and share it on social media, WhatsApp, email, etc. If any of your friends click on the affiliate link and open an account with us, you will receive 300 points. Points can be used to gain access to our growing ecosystem of trading and investing apps such as smallcase, Sensibull, Streak etc. You will see how many points are required to subscribe to a service on the rewards page on Console.
As a token of gratitude, we have credited your account with 100 points to get you started. Check out the referral dashboard on Console https://console.zerodha.com/refer.
We look forward to your continued support to enable us to innovate and build new products for you.
Happy Trading,
Unable to fetch my referral and redeem the points on the console. Please help!
How to do ap. Required documents pls
Hi Atul, check out this article for details.
My refferal brokerage not showing how I can become authorised person with zerodha
Hi Mayank, we’ve explained the process for becoming an AP here.
Login problem
I have redeam 300 point to purchase tijori finance subscription but points has been deducted and subscription not activated yet. S
Maine Galtise Do Bar Tijori App Primium Redeem Kiya Hai Kya mere 300 Point Return Milenge
Hi Rajesh, we’re sorry about this. Could you please create a ticket on: https://support.zerodha.com/ with details of the issue, so we can have this resolved at the earliest?
Hello Team, please guide how to check if the account I opened is through the referral link (invitation link) I used or not. I want to ensure that my account is opened through the referral link of my friend and not directly.
Hello sir,
Error fetching wallet details: Referral ledger under maintenance…always showing this message. My wallet not showing. Please solve this problem
Thank you
Hi Vivek, we’re currently updating the referral wallet. Please try placing your request after July 12th.
Error fetching wallet details: Referral ledger under maintenance…always showing this message how to resolve
Hi Ajit, we’re currently updating the referral wallet. Please try placing your request after July 12th.
my first message is
I am unable to withdrawal referral wallet earning…
My second message is
i am still trying to withdraw but yet to be solved problem. if there is any other problem with kite please inform me
and third is above
but yet to be solved from Zerodha team side
Problem in withdrawn of referral earning, i have already create a ticket but not receive any response.
the following is what i message the zerodha team.
{yet to receive any response from concerned department. my problem yet to be solve now. showing “Error in withdrawal :- Referral ledger under maintenance”
Please solve and update me}
The above request is yet to be solved by concern department and not receive any response from Zerodha side.
Hi Vijay, we’re getting this checked. You will have an update on the ticket.
Could i encash these reward points to real money. If yes, how? If not , what is the use case of these reward points?
Hi Sarath, you cannot encash the reward points. We’ve explained what the reward points can be used for here.
One of my referrals is missing Mr sharuk I have shared her my affiliate link and she made her account using that but in my referrals, her name is missing. Why is that?
Hi Ahmad, could you please create a ticket at https://support.zerodha.com so our team can have this checked?
One of my referrals is missing Ms Yashika I have shared her my affiliate link and she made her account using that but in my referrals, her name is missing. Why is that?
Hi Ankit, could you please create a ticket at https://support.zerodha.com so our team can have this checked?
Hello
Under my referral program it shows 3 referral but nothing is rewarded.
I referred my Friend, he open his account using my refral, But I did not recieved my points.plz check and confirm.
Hi Kawaljeet, could you please create a ticket at https://support.zerodha.com so our team can have this checked?
Hello
My question is that can I transfer my referral friend list to my nominees account?
if any process for this transfer please tell me about this
This is not possible, Parth.
can i change my referral person account to other
Hi Rushikesh, that isn’t possible. Your account cannot be mapped to another referral.
Do referral rewards/commission also include mutual fund investments done by referral on COIN?
Ok Thanks, I got my rewards
Hi, I have 5 referral in which 3 are active account status and 2 are account open. but when i am unable to withdrawal my reward… please suggest where is the problem. and what to do.??? Sir
Hi, I have 5 referral in which 3 are active account status and 2 are account open. but I am unable to withdrawal my reward… please suggest where is the problem. and what to do.??? Sir
Hi Vijay, 2 of your referral accounts were opened this current month. To calculate referral payouts, only the previous month is considered. You can request a withdrawal in the first week of the next month if your referral earnings is more than ₹1000 . More here.
Would I Claim for TDS Deducted by Zerodha Referal Program?
Hi Vijay, yes you can. For further assistance, please create a ticket here so our team can assist you.
Referred one of my friends but didn’t relieved any bonus as such ?? He opened and competed his profile also
What should i do
I referred the link to my sister and he opened the account in front of me with that link on 08 July 2022 still I didn’t get any referral reward!! Why’s that? his find ID and actived ( MJT313) plzz cheek sir
Hey Dinesh, please create a ticket at support.zerodha.com so that our team can have this checked and assist.
By mistake we redeem refferal point for learn app, so what do I do for refund my refferal point because I don’t want learn app subscription
Hey Rakesh, once you confirm and redeem the referral points, it cannot be revoked, or points cannot be refunded back to your account. Explained here.
Hi, if you redeem your points, it means u purchase some things and you have use ur point to activate any scheme related to your account. there is no way to refund your points back to your account.
I refer my friend and he open account from that link but i did’nt got any points please credit that 300 points
Hey Utkarsh, please create a ticket at support.zerodha.com. We’ll have this checked.
Hello,
I referred to my 3 friends and they are doing trading as well. While referrals there is statement like Earn 10% of the brokerage your referral pay but till date i havn’t received any money or bonus. Can somebody provide clarification on that.
Thanks,
Nitin
Hey Nitin, please create a ticket at support.zerodha.com, so we can have this checked and clarified for you.
How to reedm 300 points
I referred the link to my brother and he opened the account in front of me with that link on 1 November 2021 still I didn’t get any referral reward!! Why’s that?
Dear sir….
Turms and conditions of this program is very hard. If you want to make this program successful then want to make some flexibility.
1) I claimed tickertape pro subscription(6 months) using my referral points but I still haven’t got it.
2) I referred a person named KS Nagendra, but I didn’t get the referral points at all.
please look into this issue asap
Dear Nitin,
It’s nit now gimmick..you must re activate and give us 10% brokerage generated which we refered earlier friends…now you starting it new and after 6 months or an year you will stop it even not giving our 10% which you done last time……better rethink yo activate our old refered clients with new
Hi Zerodha Team,
I have referred my family member, and opened her account using my referral link yesterday(30th July 2021).
But till now i am not able to see that referral under my referral’s. Can you tell me reason for that.
Even older referrals also not available. Please let me know.
Thanks,
Venubabu
I had referred a friend and got her to use Zerodha. However I did not know about the referral program. Is there a way I can tie in the referral to my account now?
I have redeem 300 points for – Purchase one smallcase for free (worth Rs.100+GST)
300 points. but i have not received any benefit in smallcase how should i report this. I am feeling really bad i used my 300 points and not recieved any benifit 🥺
Which process of registration is better for a beginner ?Direct or through link ? Is there any possibility of financial loss in future if join through link or refferal ?
I registered to many but i got only 300 points and I didn got brokerage also…
How can I redeem my points
I have applied for demat account I received a mail which tell that your documents are verified and soon you will get you login ID ..But three day have been passed still I didn’t receiv my login ID
Came to know by reading your reply to comments that you are providing only reward points as of now as exchanges asked you from sharing brokerage.
Is the issues resolved or still you are not sharing brokerage that you are mentioning.
If yes, I hv followers base if 5 lac + then I ll ask them to join under me.
Awaiting your reply.
Nithin kamat looted people fooled peoples through rewards if he is honest I challenge him let he announce open forum we will expose all
My relative opened demat account on Saturday using my refferal link, but I didn’t received reward points. Why?
I reddemed points for tickertape pro. But how to use , i am unable to see tickertape pro benefits.
Hi Team,
I don’t have trading partner account in Zerodha. I have normal account in Zerodha.If i will refer any one through my account .What are the benefits of my account. Could you please explain elaborately.
Regards,
Nageswara Nethi
I have referred one of my friends one month before & he is doing trading on Zerodha, but I am not seeing any referral benefits in brokerage and other.
I’ve redeemed my reward points against 12 month membership of Ticker Tape pro.
But unable to use Ticker tape pro version. No any communication please revert
I refrel 6 person they already open account within 20 days I got only 3 refrel point what happened
I’ve redeemed my reward points against 6 month membership of Ticker Tape pro.
But unable to use Ticker tape pro version. No any communication
I’ve redeemed my reward points against 6 month membership of Ticker Tape pro.
But unable to use Ticker tape pro version. No any communication from zerodha.
Same I’ve redeemed my reward points against 6 month membership of Ticker Tape pro.
But unable to use Ticker tape pro version. No any communication
Same for me as well I’ve redeemed my reward points against 6 month membership of Ticker Tape pro yesterday.
But unable to use Ticker tape pro version as well as No any communication or notifications for the same.
Validity of reward points.
Not sure who did this but certainly refereral sharing look like real security issue. When you share referal your client code is exposed in url. Why secret token is not used?
Hi,
What is the validity of the reward points earned? Do they expire?
Best,
S
Hi,
I have referred 4 people and all accounts are active I have received the reward points also my question is is there a requirement of adding one client every month for 10% brokerage commission share where do i see how much brokerage has been generated by my referrals
What is option , if I don’t want to get 10% commision paid by refered friend /relatives ? How to stop getting those comission ?
If i refer someone i get 300 points how much does the referee get?
300 points.
I want earn by referrals help
me
WhatsApp
9620140952
i have refered 1 ueser but i am not getting any brokrage referal comission ?
Hi ,
I have referred one guy last month and he has been doing trading since then.
How can I check if I have received his 10% brokerage or not??
Purchase one free small case means what i don’t understand it ?
Investment in a smallcase is charged Rs. 100. You can redeem reward points to purchase the smallcase for free.
I have referred my friend 5 days back but i didn’t get 300 reward points my id DX2719
Best create a ticket on our Support Portal.
I have reffered near about 4 of my friends but …..not received 10percent of their brokerage….till now
Hey Mohan, check this post. You need to have at least 5 referrals.
dear friends don’t become partner as they cheated, previously there was no rule of monthly adding new client but now implemented useless rules. they collect our reference after they boycott you by some stupid rules & take a whole benefit they have no ethics, not sustain on top as this type of cheating with partners.
i have redeemed the points for smallcase havent got it yet
I have referred 6 friends to zerodha. And they are doing trading in their accounts… Am I eligible to get 10% brokerage commission
DEAR SIR,
I HAD SUCCESSFULLY REFERRED 6 FRIEND.THEY ALSO NOW ACTIVATED AND TRADING TOO PLEASE TELL ME WHERE I CAN SEE AND GET MY 10% BROKERAGE COMMISSION ON DAILY BASICS…
I have used my referal points to purchase the tickertape pro subscription!
My reward points got debited and tickertape pro subscription not activated.
Please look into the matter.
~regards
shubham
Hey Shubham, this takes 24 hours. If it’s not done even after 24 hours, please write to [email protected] and they’ll help you out.
Dear Sir,
You are requested to enable BO please.
HI Nitin,
In one way you are telling to refer our friends, after getting some referrals, you are introducing new rules, if we will fulfill those rules, then only we will get referral benefit. Is not it a double standard game?
By citing some rule, You have removed me from your partnership programme, so that in future you need not give me the referral benefits. You are enjoying so much money because of these partners and you are doing such things, I cannot believe.
NB: I know ,probably you will not publish this post in the forum.
Hi sir i want partnership with zerodha my referral client as plan 10% brokerage. but my referral client trade everyday and i have not receive any brokerage. i have only receive referral points. please help me connect this plan. then i earn some more. and connect with zerodha family.
Best write to parther[at]zerodha[dot]com.
I have referred 1 candidate named Amit Bhatkhande but have not got any reward, he had opened the account last day.
Band karne ki date bhi bata do;
Dear friends choose another broker if you want to save you money.
If you reefer some people and you gather some money .. Zerodha will close this reward function like last time.
if you ask you get that type of reply
Matti says:
May 29, 2019 at 3:01 pm
Hey Sachin, the referral programme was launched only today. Referrals from now will receive reward points. No way for us to track your old referrals to give points.
Is there any difference in brokerage between referred and direct account??
No difference.
DEAR SIR,
I HAD SUCCESSFULLY REFERRED 5 FRIEND.THEY ALSO NOW ACTIVATED AND TRADING TOO IN REWARDS SECTION ONLY SHOWING MY 1800POINTS,CAN YOU PLZ TELL ME WHERE I CAN SEE MY 10% BROKERAGE COMMISSION ON DAILY BASICS…
I have referred one friend. His Account has been activated but still not credited reward points me.
Kindly help to credit reward point me
Hi, Kindly confirm I have referred zerodha to my friend and I received the 300 points. But how I can check how much I received as commission from his paid brokerage. And how can I check the my received brokerage amount.
We will start showing this on Console soon for all eligible referrals.
I redeemed my 300 reward points against an option under “smallcase” i.e. “Purchase one smallcase for free (worth Rs.100+GST)”
Question is how do I get to know if this offer has been activated in my smallcase account, since I don’t have any sort of confirmation? Or do I start with purchase of a smallcase right away, i.e. without any conformation from either parties (Zerodha or smallcase).
Look forward to your reply. TIA.
The offer is automatically applied the next day and you can purchase after that.
I referral one of my friend to open account in zerodha, but forget to send link to him. He started account opening process and pay account opening fee, but unable to process next. What will i do, so that he will add in my referral list?
Hey Ashish, if you have entered your friend’s details on Console, there’s nothing you need to do and the referral will be recorded. However, if you hadn’t entered your friend’s details and he has registered directly on our site, I’m afraid this referral can’t be mapped to you anymore.
The referral details on your app shows the name of the candidate referred by me. But on the same page the referral point credit details, doesn’t have that. Why so even after the account has been activated and trading done for over a lakh of Rupees even ??
Hi,
Can I get referral points back, if I did redeem it by mistake. Because here is not asked any confirmation pop ups window.
I’m afraid this are non-refundable.
Hi I got email regarding 300 reward points as i have referred my friend. Please let me know where to check and how to use it.
I referred already 5 persons and in january referred 1 person.If I am elogible to 10% brokerage share or i need to refer 5 referrels after january like any conditions?
Hey Thabresh Syed,
for the brokerage sharing, you’ll have to have 5 referrals who have opened their accounts on or after January 1,2020. All terms & conditions here.
If I open a link through one of your marketing partners (Youtuber) will I get charged higher brokerage?
No, the brokerage charged remains the same.
If you open an account through an affiliate link on Zerodha, are there any privacy concerns? Like the person who’s link you are using can see the trading activity and personal details or such of the person who used their affiliate link. I fear that I might have opened my Zerodha account with some affiliate link which I found on some online webpage. I don’t remember if I did this or not. But its an important privacy concern which I just realized today. Please HELP ME ! How do I check if my account was opened through an affiliate link or not? HELPPPPP
Even if you open an account using an affiliate link, your activity isn’t shared with any third-parties. It’s only available to you. Nothing to worry about. 🙂
I have referred a friend but status is pending. Can you help here
refral status pending. what is this?
why d’t you credit the referral bonus in ledger balance… i d’t see this is fair that you are forcing people to redem the points in your paid services only… Many other are offering Amazon/Bookmyshow vocher….. this way will encourage more people to refer zerodha….
Rethink for better solution instead of random replies…. 🙂
This isn’t allowed by the exchanges. We used to offer cash incentives for referrals earlier but were asked by the regulators to stop the practice.
Account to be opened.
How to contact customer care
I want to start future & option trading & commodity market
You can raise a ticket on our Support Portal.
I am interested in Sub brokership. Kindly contact me on 8678966736. Any tamil speaking agents?
Best write to partner[at]zerodha[dot]com.
Hello Sir,
I want zerodha official sub-broker. I am a family member of zerodha and I want help to grow more. my client id VR5257. please reply as soon as possible. Thanking You In advance.
Best write to partner[at]zerodha[dot]com.
Sip start kese Hoti h
Just log into Coin and place an SIP order for any fund.
Is there any time limits to use this points which is given as rewards.Like we need to use all the points with in one month time like we get in Paytm and all with certain time frame.
No limits, as such.
I am trying to open account without referral.
When making a payment , i got error “Your payment could not be captured. Please try later”.
So, i tried again. I got same error to make payment again. I tried again.
To my surprise 3*300 = 900/- rupees got debited.
Reference IDs:
(1)
pay_Cd2SqxCbneBrTl
(2)
pay_Cd2Q6cyVDe2wdd
(3)
pay_Cd2NFOL7oPrh9M
I got 3 annaxure emails. Did zeroda open 3 accounts or what?
Agreed , your payment gateway is faulty. Similar issue faced even by others in support forum. We don’t know when your Payment Gateway will fix these kind of issue. But pl. ask your Payment Gateway provider to STOP raising MISLEADING error messages. Atleast i expect your error messages should be correct. It should rather say “Your payment could not be captured. Please try later. PLEASE CHECK YOUR YOUR BANK ACCOUNT IF AMOUNT IS DEBITED OR NOT. If debited, do not try again. If not debited, try again after 1 hour”.
There should be no hesitation in fixing these kinds of issues before aspiring referral customers.
Sure, next few days i will be wasting my time to contact zeroda helpline.
Perhaps Zeroda should have adopted something like ‘Paytm’ as Payment Gateway. Or atleast recity error messages as suggested.
Dear Nitin and Matti,
Please STOP this referral program. This will DESTROY Zeroda one day. You will fall in your own trap and join club of Kotak ..etc.
Let me tell you from my experience. I traded 6 Lakhs volume equity in Kotak Securities and sold at 4% spread. Despite that i incurred Loss of 800 rupees. The profit i earned is eaten by my (1)referrer, (2)Trading Software partner pay per trade model,(3) Kotak Securities broker and (4)high taxes (again due to inflated charges of 1 to 3.)
Also if u increase your customer base by means of freebies, then u end up getting 3rd grade amature traders. These novice traders dont know basics like (T+2) and talk ill about Zeroda and put poor ratings in playstore and other review sites. They could ask you to reduce brokerage to Rs 10/- or so. Does these traders deserve Zeroda Discounting Platform? Focus on getting quality real & experienced customers, rather than hard-sold customers like friends, family members etc..
Please focus on continous improving quality which you are already doing of course and do nothing else. In India Customer base increases by “word of mouth”. Currently you have better ratings in “chittorgarh.com” and even in “mouthshut.com”.
I wish Zeroda to grow up silently like some Gmail and Whatsapp.
Rather with those spare funds, introduce a feature like ” Practise Account” aka “Demo Account” aka “Paper trading with virtual 10 Lakhs rupee Credit”. This feature should be present right in regular Production Zeroda App’s Login Screen. E.g Like FXCM.
The moment some experienced trader belonging to other broker say “ICICI DIRECT” attemps to downloads Zeroda app from Playstore/ Appstore to give a “TRY” he should see 3 options in regular prod app..
* Login to Trade
Username:
Password:
* Login to Practice Account ( Try Zeroda)
* Open An Account
Even if you still want to go ahead with reward referals subject to exchange approval, this will create insecurity and discouragment to existing Zeroda Traders who do Trades in large Volumes. They would be wondering why referrer would earns “someone else” money for free? And actual trader gets Zero incentive for his Big trades in return. His profit is eaten up by someone else.
I have been reading and researcing stock brokers. Read 100’s of Zeroda reviews from last 4 days. I was impressed and today a while ago, I was about to “Open an Zeroda Account Online” and was pre-checking if Zeroda by chance has this referral-mania scheme or not. And i was utterly disappointed when i came across with this approach.
“If i do a trade, i won’t get anything but my referrer gets free credit. Especially when i make a loss, i still pay my referrer from my capital loss”
Sounding like some fradulant “Chain marketing” , ” Networking Marketing” or “MLM Multi Level Marketing” schemes.
Problem with indian companies is that they want to simantaniously travel in 2 different paths ( both angel’s and devil’s path) and benefit from both. Benefit from every popular idea. By the time they realise the shortcomings, it gets too late.
When someone refers you, the referral points are just a token of appreciation for introducing a new customer to us. This is a one-time point credit that can be used to subscribe to our products. There is no ongoing share of brokerage happening. Also, we give 300 points to both, the person referring, and the person opening an account. Your later activity on the platform is yours alone, and the referrer would have nothing to do with it.
I referred my friend he opne an account but i didn’t get any rewards. Is there any option to put my referral code after opening account to get rewards.
Hey Vishal, I’m afraid the referral has to be registered before the account is opened.
WHEN U WILL DECREASE THE MARGIN
REQUIRED FOR BO/CO
Margin requirements depend on a lot of factors and are dynamic.
Well Only last week did I enlist my wife… I want this discount and better service :<
Thank you for resisting external funding. This decision is far-sighted, and will help the company a great deal in the future.
I have referred 2 peoples under 10% of brokerage will be received of referred persons.
But I have not received nor receiving anything. Is it only fake marketing strategy where you gives only fake commitments without delivery.
Kindly clarify.
If you had referred earlier and for which no credit was given, we will be crediting reward points by this weekend. We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program.
Referred my friend , but he didn’t received any mail
When have you made the referral?
Thanks good idea in future
Excellent initiative! Heartiest Congratulations!💐👏👏 will surely spread the word!😊
I was thinking of taking the sub broker franchise of zerodha so in the meanwhile if i also take some active part in this rederral programme and afterwards if i take the franchise will theese customers will be mapped under me
No, only clients referred after you signup as a partner will be mapped to your partner account.
What do I need to do if I want to become a A partner in the zerodha
[email protected]
Best write to partner[at]zerodha[dot]com for details.
Hi Nitin, This sounds interesting from adding new users and increasing the business portfolio to claim highest clients, but what about giving the new features to the existing clients like T+5 client mode etc which ICICI D and other brokerage houses are already leveraging and users enjoying? I trust I raised this earlier around an year ago as well with Zerodha and the response I got back was the feature will be available with in
All of this is on our list of things to do and we’re working tirelessly to make this happen.
It is better you start shooting people directly instead of indirect shooting
Your so called universe of fin tech products and you are paying us points to get you client so that you can earn from that client individual for life time and give us some one time points to so we can use points to use your other products of zerodha
Pls point the gun to my head and shoot instead of stabbing with your points for Zeordha bi-Products..
Its an ordinary step… Nothing special…!
I think all the people I had referred to zerodha was because of the zerodha’s uniqueness of sharing the revenue to its members for referring rather than advertising. But then it changed overnight. The 1st one was the passive income generator idea and this one is not that.
Actually, after so many years of experience I know one thing, that the business should do cross selling its best business practise but when its done by force then it back fire…! As it was mentioned in the article that the 1 reward point is equal to 1 rupee… then why you simply not crediting 1 rupee…! because by one way or the other this one rupee will come to eco system of zerodha… directly via trading or investment or via buying action of any value added product…!!
And above all, it will keep the goodness or ever lasting charm of its “Passive Income Generator”.
We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, however, since we can’t be sure of revenue from each referral, we offer points that can be used within the ecosystem instead of cash.
Ticket #20171106790120
Still your payment pending… 2-3 times made compliant…
Can I refer and get bonus to relative and in blood relationship
Yes, you can.
When are you releasing coin for nri…the other competitor kuvera..is released long back…what is stopping you do to this…..
If my referred friends do trades, do i get points for every trade? So that I can use those points for your new products?
New referral program will be useful when you share your brokerage percentage into some points. If not it’s of no use. If we refer some friends then he will be your client forever. So, we are expecting some benefits whenever he trades
The exchanges say that any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence the one-time credit of points for each new referral.
I’m 650 point redeemed for ticker tap 6 month pro subscription but cant use subscription how to use
Earlier I had referred few of my friends and they had joined Zerodha and much happy compared to their previous platform.
We used to trade in index option, now a days we face a RMS limit problem to out of the money option where we miss lot of trades, had referred this problem to support team their only answer is to get option close to the spot price, which is usually higher in price, can understand this limit is by exchange to the Zerodha, but have no idea this will be fixed any time soon, couple of my friends had moved out to other broker mainly due to this issue
Still referring many of friends and relatives
Previous reward ke 2500 kidhar gye kuch pata nhi.
We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program. We’ll credit points to you for your older referrals.
Sir , is there any listing or list of referral of account shown in my id.I send almost 5 referral in from my side.
Hi Kuldeep, any referrals made from Console since yesterday will show up on the list of referrals in Console.
What about Zeordha partner program?
The partner programme still remains active. Please write to partner[at]zerodha[dot]com for details.
where I can see my previous referred reward amount?
We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program. We’ll credit points to you for your older referrals soon.
What about balance in partner’s account? Have more than 14K+ balance in my partner account but payout has been stopped due to that exchange related restrictions. Can you suggest anything for it? How can I get that payout?
Best write to partner[at]zerodha[dot]com.
Didn’t get proper answer there that’s why asked it here
Stop making fool to people now…
What you have given us in your last referral scheme ..nothing
Pay us for that first then go for this…
We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program. We’ll credit points to you for your older referrals.
Thanks for bringing this back. Have always been promoting Zerodha. Can get some free subscriptions by doing that now.
I had referred 2 if my friends and it’s still in pendit status and now I am unable refer them again as it throws some error
Good idea by team Zerodha, thank you.
Just saw the referrals option on Console, looks attractive. it means if I refer a 15 friend of mine I get the LearnApp access for a year, wow!
Well now that is something I feel good about today..!
I teffer so many friend and make a zerodha team nearly 15 member. But suddenly zerodha implemens new rule for teferral and so many glitch on trading platform at my self and my team member stop to work on zerodha. If i again referral starts and make a big team. Hope zerodha suddenly implement ahain new rule thats again make a nad impression on my tram. So good by zerodha referral.
Do you have remiser model. Pls. Tell me i m in finance business and take it forward
Best write to partner[at]zerodha[dot]com.
niceeeeeeee
Great initiative as always!! An unique and timely idea to increase the layman participation to grow slowly ,steady but surely with market momentum time and again….
I have refered more than 5 friends from past one week and they opened accounts also.. Shall I get any benefit?? Thanks
Eswara
Hey, we’ve only started this referral programme today, and would be able to track referrals from here on out. The older referrals we’d be unable to track in order to give you points. 🙂
Stop making fool to people now…
What you have given us in your last referral scheme ..nothing
Pay us for that first then go for this…
Bcoz promise is a promise as a businessman you know it very well.,.
We will be crediting reward points by this weekend for all your old referrals where you’d accrued some referral bonus. We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program.
Dear Nithin Kamath,
Thank you for Zerodha App
and this referral program was there previously so is it beneficial for the existing user
Cause I have given referrals of my friends but i have not received any amount of money
Please explain why the previous referral program closed
Regards,
Sachin Mundhe.
We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program.
Hi Nitin.
How is then other brokers giving 10-30% referral brokerage ??
If someone is doing it, they’ll have to stop eventually as well. We were asked by the exchanges to stop.
No proper system to keep track of refferals. Refferals goes unrecognized.
You can now track all your referrals on Console.
I have referred nearly 10 of my friends and relatives to open zerodha account in last 90 days. would i get any rewards now tc0814
I have always faced issues with the referral programs… It needs multiple follow-up with the backend teams, referrals don’t get contacted for a long time… I have referred 4 of my friends last week, none of them have been contacted yet.. Also raised a support ticket (#20190528620362) and provided the details but no luck as of now !! and this has happened with 90 % of my referrals
Will have someone look into this.
What happened to my wallet money.
I’ve referred and earned. But it’s not available. I’ve raised a support ticket but no response.
🙁
We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program. We’ll credit points to you for your older referrals.
When can I expect the credit points in my account?
If there are any referrals mapped to you, credits should show up in a few days time.
Dear Zerodha,
I have been trading in your platform and I really Appreciate the charts you provide and UI is excellent, in your referral program if you provide us the percentage of gains in each trade like one referral does 5 trades per day the amount of brokerage you get know in that if we get some good percent, we will definitely refer.
#JUSTATHOUGHT
Hey Varun, this was our earlier model. We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program.
u should have allot these points, who has not received for earlier referral..
Yes, we’ll add points by the weekend for people who weren’t given payouts for the previous referral programme.
why our previous referrals went missing
Kudos team, seems we are getting things back to form after all recent glitches. Hope together we grow better.
i have reffered so many member’s details through entering , till now i did not get any thing form you,
my client id ZL6602
For all those of you who had referred earlier and for which no credit was given, we will be crediting reward points by this weekend. We had to stop the earlier program as exchanges said any continuous brokerage share can be paid only to exchange approved authorized persons. This is because potentially the referral could be induced to trade more by the person referring. There is no issue paying a one-time referral reward for opening an account, hence our new referral program.
Hi all,
Greetings..!
My wish is to see ZERODHA as no.1 at all times. ( because initiation in reducing brokerages)
It’s our request from all of traders,
Before referring to your trading platform zerodha, we need the graph area to be enlarged, the trading view styles to be updated, it will not save and update our settings completely, we cannot change and save each time. we need you to be again compete with other emerging trading platforms in the market, but onething +ve abt the platform is, its comparatively bit stable.
Hope it will be considered, then I’ll start my trade again in ZERODHA. and then AFTER SATISAFACTION – TRADING IN ZERODHA, ill refer without your points or bonus. When the trading is easy at zerodha comparing to others, we will refer like anything. no bonus required, no manipulation about this reference thing. Its with lot of errors.
Now this referring is suffering.
I had refered many in previous referal program. When new referal came into effect only got welcome bonus. Completely unfair right?
I have referred nearly 10 of my friends and relatives to open zerodha account in last 30 days. would i get any rewards now 😉
We will not have any track on who was referred by you. 🙂 But do refer through Console going forward.
Better to given 300 Rs. credit in ledger balance. It is more beneficial.
What if i don’t use any other products like Sensibull, streak, and etc… then all points are worthless.
I have referred one of my friend but not get any reward then I called customer care they told me this offer is closed
Hey Gaurav, this referral programme was only started yesterday. We’ll soon be adding credits for your older referrals as well.
Can we use the 300 reward point for trading or can we encash it? @nithin kamath
If you’re doing so well; maybe you should consider introducing path breaking brokerage cuts @ INR 5/ transaction!
Solid logic there.
INR 20 is already path breaking, isn’t it? If you can’t afford INR 20 at this time & age, you will never afford INR 5.
Charge more , even for delivery do charge. But improve service .
Be grateful, if not for them we would still be charged 1 percent by those full time brokers!
Thats delightful… .will certainly spread the word..
I have referred 1 candidate but have not got any, he had opened the account last month.
Hey Sachin, the referral programme was launched only today. Referrals from now will receive reward points. No way for us to track your old referrals to give points.
Can I convert reward points into cash
No, You only can buy their partnered premium product’s subscription.
Can we use the 300 reward point for trading or can we encash it? @nithin kamath
HOW TO KNOW MY REFEREE I LOST THE LINK I GOT TO SIGNUP FOR ZERODHA.
I reffer my friend and his I’d LOR358 and I didn’t get my refferal regards. Please solve this problem as soon as possible.
Hey Anirdam, please create a ticket at support.zerodha.com so that our team can check and assist.
Can we really get 10% brokerage?
Is it only for equity or F&O too?
Hi Shail, any intraday trade which will generate brokerage will be considered. Check out the Terms & Conditions for Referral Incentive Scheme Policy for more details.
I have referred my friend Saurabh Aggarwal in December month but it is not shown in my referral. Please add this in my referral .
Hi Praveen, could you please create a ticket at https://support.zerodha.com so our team can have this checked?