Below you will find the requirements on who can use a referral code:
Users must have passed KYC and have a brokerage account
Users cannot refer themselves
Users can only have been referred once
Users cannot redeem a referral code if have placed a trade. Will be adding validation to allow them to redeem if they only have cancelled trades.
Users can redeem a referral code and get the reward if they have already linked their bank, but have not place a trade.