The Welcome Rewards Lucky Draw (the 'Promotion') is a trade promotion lottery offered by Futu Securities (Australia) Ltd trading as FUTU AU, ABN 51 095 920 648, AFSL 224663, of Suite 3102.2, Level 31, 200 George Street, Sydney ('FUTU AU' or the 'Promotor'). This Promotion is valid from 16 May 2022 at 18:00 AEST to 30 June 2022 at 19:59 AEST (the 'Promotion Period') and is available only to new clients of FUTU AU.
The Promotion is open only to Australian residents over the age of 18 who has not held any previous or existing trading accounts with FUTU AU. Residents of South Australia are not eligible to participate in this Promotion due to local licensing requirements. Each user or electronic device, regardless of mobile or computer, is only entitled to one set of Welcome Rewards. Existing clients who register for additional accounts are not eligible to participate. New clients who register for new accounts outside of the Promotion Period are not eligible to participate.
1. Open a new FUTU AU trading account to receive 180 days of brokerage-free trading and free level 2 US market data
Complete any of the following actions within the promotion period to receive the corresponding benefits:
Our fees and charges consist of a volume-based brokerage, a volume-based platform fee and other fees and charges charged by third parties, including SEC fees, FINRA Trading Activity Fees and ADR administration fees. For clients who have successfully qualified for this promotion, the volume-based 'Brokerage' will be waived; the volume-based 'Platform' fee will be charged but reimbursed within 15 working days of the following month. 'Other fees' may still apply depending on the stock traded. Refer to our Financial Services Guide for more information; and/or
2. Deposit any amount into your FUTU AU trading account and receive a free AU share
Australian shares included in the lottery are: QBE Insurance (ASX: QBE); AGL Energy Ltd (ASX: AGL); Bank of Queensland (ASX: BOQ); Santos Ltd (ASX: STO); and Northern Star Resources (ASX: NST). Clients will be eligible to randomly receive one of the available stocks in the lottery which range from approximately AU$8 to AU$12; and/or
3. Deposit AU$2,000 or more into your FUTU AU trading account and receive 2 free US shares plus free level 2 AU market data for 30 days
US shares included in the lottery are: Tesla Inc (Nasdaq: TSLA); Meta Platforms Inc (Nasdaq: FB); Apple Inc (Nasdaq: AAPL); Twitter Inc (Nasdaq: TWTR); Uber Technologies Inc (Nasdaq: UBER); and Nio Inc (Nasdaq: NIO). Clients will be eligible to randomly receive one of the available stocks in the lottery which range from approximately US$15 to US$1,000.
The following market prices of each stock are based on the closing price of the last trading day:
QBE Insurance A$12.03
AGL Energy A$8.62
Bank of Queensland A$8.12
Santos Ltd A$8.01
Northern Star Resources A$9.61
Tesla Motors US$902.94
Meta Platforms US$211.13
Apple Inc US$157.96
NIO Inc US$17.50
The above market prices are indicative only. Prices may fluctuate and as a result the value of the free shares may have changed when they are allocated.
For the above rewards 2 and 3, draw chances are awarded automatically when the relevant conditions outlined above are met, and will expire in 30 calendar days from when they are awarded if not used (by clicking the 'Spin' button on the promotion page within the moomoo App or desktop trading platform). Shares available in this promotion are issued to the client's FUTU AU trading account. They do not expire and will remain on the client's account until sold or transferred.
The shares allocated in this promotion are determined via an algorithm at the time the client uses the draw chance. Clients will be notified of what shares they have won immediately when it is determined by the algorithm. The allocation of shares to their trading account shall take place within the next 5 business days after clients are notified.
Clients who deposit AU$2,000 or more in the first instance will be eligible for both the single free AU share and 2 free US share lotteries.
This Promotion is not an offer, recommendation or solicitation for the purchase or sale of any securities. It is not intended to be, nor does it constitute any form of financial advice.
Investing and/or trading in securities markets carry risks and may not be suitable for all investors. Clients willing to participate in this Promotion must read and understand the Promotor's Financial Services Guide, Risk Disclosure Statements and other disclosure documents which are available on the Promotor's website (www.moomoo.com/au) before making any investment decisions.
The Promotor shall not assume any liability to any losses incurred to any clients in connection with the Promotion, however arising, including but not limited to losses incurred from trading.
The Promotor reserves the right, in its sole discretion, to refuse to allocate any or all of the above benefits if it believes that the client is ineligible to participate in the Promotion, or that the client is engaging in, has engaged in, attempted or caused to engage in activities in violation of the Terms and Conditions. In such cases, the Promotor's decision will be final and no further correspondence will be entered into.
The Promoter may in its sole discretion cancel, terminate, modify or suspend the Promotion and invalidate any affected entries, or suspend or modify a prize, without prior notice or assuming any liability to any client(s), subject to state or territory regulations.
This promotion is offered under NSW The Trade Permit number TP/01819.