Refer and Earn Program

Terms and Conditions

1. The offers are valid only for Indian Residents.
2. As per the current referral program, referrer earns xx% of all brokerage generated by the referee.
3. In order to be eligible for the referral rewards system, the referror should have placed at least one trade on TIQS.
4. Once an account is opened using the referral link, the referror is eligible to earn from brokerage on all referee trades, irrespective of the time period after which the trades are placed. There is no time limit for account activation.
5. Brokerage earned can be seen and tracked on the platform.
6. Referror will be able to withdraw referral earnings only if the earnings are atleast equal to INR 100.
7. Earnings once withdrawn, will be credited to the referror's bank account, subject to TDS if applicable.
8. If a client is already registered and then later uses a referrorr's link to complete the account opening process, the referrer will not be eligible for any rewards.
9. Individual clients cannot refer another non-individual account (eg. HUF, Corporate, Partnership/LLP, Trust) with the same contact details as their own account.
10. Referrors must withdraw referral rewards before 31st of March every year. In case he fails to do so, the rewards will lapse.
11. All rewards will be credited to referrer's linked bank account.
12. Referral credits will be earned by the referrer only if the referee has used the relevant referral link/ code.
13. Referral rewards earned on any given day will be credited to the referror's account latest by the end of 2 business days.
14. These rewards cannot be transferred to any family member or friends or any other person.
15. Participants shall not, since being eligible to receive any payment/payout from TIQS, enter into any contracts or publish any marketing material/advertisement acting as TIQS or act as a referral agent of TIQS without the explicit written permission of TIQS. Participant understands that publishing any marketing or advertisement material requires permission/intimation towards the Exchanges. Participant will not & have not publish'ed any marketing material without the explicit permission of TIQS.
16. The participants agree that they have read and understood NSE circular NSE/INSP/43029 dated December 26, 2019. Any dispute/grievance under this early access scheme cannot be referred to the Investor Grievance Panel at NSE and will be resolved between participants and Butterfly Broking Pvt. Ltd. (TIQS) as stated in the above mentioned NSE Circular, and any such dispute should not be made public.
17. The participants understand that they and Butterfly Broking Pvt. Ltd. (TIQS) are both bound by the rules and regulations of the regulator, exchanges and other statutory and government rules & regulations.
18. Butterfly Broking Pvt. Ltd. (TIQS) reserves the right to amend/revoke/ withhold the offers and these terms and conditions at any time without prior notice. The decision of Butterfly Broking Pvt. Ltd. (TIQS) on all matters relating to, or in connection with the use of this offer shall be final and binding on all parties concerned.
19. The participants agree that they are participating at their own will, and no financial or investment advice has been provided to them by Butterfly Broking Pvt. Ltd. (TIQS) or by anyone else.