Marking as expired as you now get $250.000 in managed funds without fees rather than a $250 bonus
Update 5/13/26: Extended until December 31, 2026. Referral sharing clarified:
‘Referral codes may be shared with individuals with whom you have a personal, professional, or bona fide community relationship, including in response to genuine conversations in workplace, alumni, investment, or online community forums, provided the sharing is not mass solicitation, paid advertising, spam, misleading, or commercial in nature’
Update 1/4/25: Extended until December 31, 2025
The Offer
- Brokerage Frec is offering a $250 bonus to both parties when the person being referred opens a new direct indexing account. The direct indexing account has a $20,000 minimum
The Fine Print
- . There is a limit of four (4) referrals or $1,000 in bonus amount per
qualifying brokerage customer per 12-month rolling month period - Each person referred should be someone you have a direct, personal relationship with. You may not distribute a Referral Link or otherwise solicit anyone through mass email, any form of commercial advertising or other similar means. Furthermore, Frec reserves the right to seek reimbursement from any customer (including by deduction from their brokerage account) of amounts paid as Referral Bonuses to customers solicited via mass solicitation. Please note that in certain circumstances the deduction of such amounts from your account may result in a negative balance.
Our Verdict
Pricing is 0.1% or $20 annually for $20,000. You’re limited to 4 referrals ($1,000) per account. Feel free to share your referrals in the comments below.
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