Referral credit will be effected into your SMP Ledger (wallet) on the following conditions:


  • your friend's  account should be opened with Tradeplus
  • your friend should trade a volume of Rs.5000/- within 30 days of account opening  .  
  • you will get a credit of Rs.500 per account  for he first 5 accounts , Rs.1000 from the 6th account and Rs.2000 from the 51st account referred and account  within a calendar quarter.


Check below an illustration to understand the referral amount calculation:

 
No. of Active Accounts referred in a Quarter
Your earnings
Calculation
5
2500
(5*500)
25
22500
(5*500)+(20*1000)
50
47500
(5*500)+(45*1000)
75
97500
(5*500)+(45*1000)+(25*2000)
100
147500
(5*500)+(45*1000)+(50*2000)



* Date of activation is the date on which your friend completes a  traded volume of Rs.5000/-. Trades done across all segments will be taken into account for calculating the volumes. In case your friend trades in Options, the volume will be calculated on strike price and not on premium


AS per the above illustration, you can earn Rs.147500  by referring 100 accounts in a calendar quarter. 



Need more details? Email refer@tradeplusonline.com