Terms and conditions are below - I have updated title post due to multiple reward offers and will not fit in title
You must sign up using a referral.
It will explain the offers 1,2 and 3. Please note reward 3 you must hodl $10,000 until March 25
Reward 1: Free NVDA Fractional Shares valued at AUD$50.
• Participant has an existing or opens a new individual account with us within the Campaign period.
• Deposits an initial deposit of AUD$200 or more (or the equivalent in USD) must successfully arrive in the Participant’s Webull Australia individual account within the Campaign period.
• Participant executes at least one buy transaction in Australian or US securities within the campaign period after the deposit.
Reward 2: 3 Free NVDA Fractional Shares valued at AUD$50 (AUD$150 in total).
• Participant has an existing or opens a new individual account with us within the Campaign period.
• A total deposit of AUD$1,000 or more (or the equivalent in USD) must successfully arrive in the Participant’s Webull Australia individual account within the campaign period.
• Participants must maintain the minimum deposit of AUD$1,000 or more (or the equivalent in USD) in their Australia individual Account for 30 days. Any withdrawals or transfer out during the retention period that cause the cumulative amount to fall below AUD$1,000 will be considered invalid.
• Capital gains, losses and free rewards or free cash bonuses are excluded.
Reward 3 Maintain the total deposit of AUD$10,000 -$99,999 until 11.59 pm 31 March 2025 to get AUD$1,200 in trading vouchers. The Participants will receive AUD$300 in trading vouchers for 4 times when their total deposit is maintained 11.59 pm 31 March 2025 Local Sydney time, the issuance batches of trading vouchers are as follows:
The AUD$300 in trading vouchers includes 2 US Securities trading vouchers worth AUD$100 and an Australian Securities trading voucher worth AUD$100.
Reward 4 Maintain a total deposit of AUD$100,000 or more until 11.59 pm 31 March 2025 to get AUD$4,000 in trading vouchers. The Participants will receive AUD$1,000 in trading vouchers four times when their total deposit is maintained at 11.59 pm 31 March 2025 Local Sydney time, the issuance batches of trading vouchers are as follows:
The AUD$1,000 in trading vouchers includes 5 US securities trading vouchers worth AUD$100 and 5 Australian trading vouchers worth AUD$100.
TERMS AND CONDITIONS
Terms and Conditions
1. Introduction
1.1 Overview
Before you participate in our ‘Welcome and Deposit Campaign’ (the ‘Campaign’) these Terms and Conditions must be read and understood in full before investing.
Webull Securities (Australia) Pty Ltd (‘Webull Australia’) is a financial services firm licensed and regulated by the Australian Securities and Investments Commission and is a Trading Participant of the ASX and Cboe. When we execute international securities on your behalf (e.g. US securities), we use other regulated related entities in the Webull Group.
By participating in this Campaign, each Participant is deemed to have read, understood, and agree to be bounded by the following terms and conditions that apply to this Campaign and the terms and conditions of any other agreement(s) that you may have entered into with Webull Australia.
In order to participate in this campaign, the below terms and conditions must be adhered to accordingly:
1.2 Definitions
For the Welcome and Deposit Campaign Terms and Conditions, the following definitions apply:
• Campaign Period means the duration in which the Campaign is active, as may be amended by Webull Australia from time to time.
• Participants: means a person who has opened a client account with Webull Australia but as yet has not funded their account, meets all applicable requirements for the Campaign and participates in the Campaign.
• Welcome Rewards: Refers to rewards at section 1.5 obtained by Participants after meeting the campaign's terms and conditions. All deposit rewards are limited to one-time claims and each client can only register one account.
• Total Deposit: Accumulated total deposit amount between 7.00 pm 29 February 2024 - 6.59 pm 29 March 2024 minus the Accumulated total withdrawal and transferred out from 7.00 pm 29 February 2024 - 11.59 pm 31 March 2025 Local Sydney time, capital gains & losses are excluded.
• Australian and US Securities: means Australian shares, ETFs and Exchanged Traded Options, US shares Exchange Traded Funds (‘ETFs’), and ETOs.
• Inviter: means the holder of an active Webull Australia individual account (an existing client) who has shared their unique referral link gained from their own independent access to the Promotions page with another individual.
• Invitee: means a person who has not yet registered for a Webull Australia account, who has received a unique referral link from an Inviter and used the link to register a Webull Australia account via the website.
1.3 The Campaign Period
The Campaign will run from:
• 7:00 pm on 29 February 2024, to 6:59 pm on 29 March 2024, local Sydney time.
1.4 Campaign Eligibility
This Campaign is open to all members of the Australian public and applicable to persons who:
• Are 18 years of age or older.
• Are Australian residents or have opened a trading account with Webull however have not yet funded their account.
• Webull employees, representatives and agents are not eligible for this Campaign.
• Unless otherwise stated, Participants of this Campaign may also concurrently take part in other campaigns and promotions organised by Webull Australia
1.5 What the Campaign Entails
Participants in this Campaign must meet the following requirements to qualify to participate in these reward programmes:
The Welcome Reward Programme:
The following conditions apply to this Programme:
Reward 1: Free NVDA Fractional Shares valued at AUD$50.
• Participant has an existing or opens a new individual account with us within the Campaign period.
• Deposits an initial deposit of AUD$200 or more (or the equivalent in USD) must successfully arrive in the Participant’s Webull Australia individual account within the Campaign period.
• Participant executes at least one buy transaction in Australian or US securities within the campaign period after the deposit.
Reward 2: 3 Free NVDA Fractional Shares valued at AUD$50 (AUD$150 in total).
• Participant has an existing or opens a new individual account with us within the Campaign period.
• A total deposit of AUD$1,000 or more (or the equivalent in USD) must successfully arrive in the Participant’s Webull Australia individual account within the campaign period.
• Participants must maintain the minimum deposit of AUD$1,000 or more (or the equivalent in USD) in their Australia individual Account for 30 days. Any withdrawals or transfer out during the retention period that cause the cumulative amount to fall below AUD$1,000 will be considered invalid.
• Capital gains, losses and free rewards or free cash bonuses are excluded.
Upon completion of all mandatory conditions outlined above, the Participant’s individual Webull Australia account will be awarded Free NVDA Fractional Shares valued at AUD$50.
The value of AUD$50 free NVDA shares will be converted into USD according to the fixed exchange (AUD to USD) rate of 0.66 on 22 February 2024. The actual reward will be issued in USD$33. The AUD value does not include fees incurred by Participants in the currency exchange process.
All the welcome rewards programmes are limited to one redemption per new account, with no more than one account registered per person.
The Deposit Reward Programme:
The following conditions apply to this Programme:
• Participant has an existing or opens a new individual account with us within the Campaign period.
• Deposits an initial deposit and tap on the ’Participate Now’ button on the Asset Campaign landing page in the Webull App within the campaign period.
• Participants will not receive any rewards if they make the required trades but do not tap on ’Participate Now.’
• Participants must successfully deposit AUD$10,000 (or the equivalent in USD) or more and successfully arrive in the Participant’s Webull Australia individual account within the Campaign period.
• Participants must maintain this total deposit of AUD$10,000 or more in their Australia individual Account until 11.59 pm 31 March 2025, local Sydney time.
• The Total Deposit is calculated based on the accumulated total deposit amount between 7.00 pm 29 February 2024 - 6.59 pm 29 March 2024 minus the Accumulated total withdrawal and transferred out from 7.00 pm 29 February 2024 - 11.59 pm 31 March 2025 Local Sydney time, capital gains & losses are excluded.
Upon completing all mandatory conditions outlined above, the Participant’s individual Webull Australia account will be awarded the Deposit campaign rewards.
• Maintain the total deposit of AUD$10,000 -$99,999 until 11.59 pm 31 March 2025 to get AUD$1,200 in trading vouchers. The Participants will receive AUD$300 in trading vouchers for 4 times when their total deposit is maintained 11.59 pm 31 March 2025 Local Sydney time, the issuance batches of trading vouchers are as follows:
The AUD$300 in trading vouchers includes 2 US Securities trading vouchers worth AUD$100 and an Australian Securities trading voucher worth AUD$100.
• Maintain a total deposit of AUD$100,000 or more until 11.59 pm 31 March 2025 to get AUD$4,000 in trading vouchers. The Participants will receive AUD$1,000 in trading vouchers four times when their total deposit is maintained at 11.59 pm 31 March 2025 Local Sydney time, the issuance batches of trading vouchers are as follows:
The AUD$1,000 in trading vouchers includes 5 US securities trading vouchers worth AUD$100 and 5 Australian trading vouchers worth AUD$100.
If the Participant's total deposit amount is below the lower limit of each deposit tier due to withdrawals or transfers out before 31 March 2025, the campaign reward will be considered invalid, and the Participants will not receive all subsequent rewards.
• The AUD$100 value of US securities Trading vouchers will be converted into USD according to the fixed exchange (AUD to USD) rate of 0.66 on 23 January 2024. The actual reward will be issued in USD$66. The AUD value does not include fees incurred by Participants in the currency exchange process.
• The deposit can be in AUD or USD, however, any transfer fees incurred, including but not limited to handling commissions, cable charges, and agent bank charges relating to the fund deposit shall be borne by the Participant.
• If the Participant’s Webull Australia account shows any sign of fraud including providing falsified information/documentation which is an abuse of our conditions contained in our Client Standard Agreement, or suspicious activity, Webull Australia reserves the right, in its sole discretion, to forfeit any rewards claimed via our Campaigns and limit your opportunity to participate in future promotions of our firm.
• Should Webull Australia have to return to you funds due to untoward behaviour the account holder will be responsible for covering all associated fees incurred with the return of those funds. Webull Australia reserves the right not to remit the funds back to the account holder in order to cover transactional costs.
1.6 Sharing the Referral Link
Webull Australia allows Inviters and Invitees of our Campaigns to share their unique referral links on social media platforms however, it is the sole responsibility of the Inviter and Invitee to do this in a responsible manner (no prohibited inducement). We are not responsible for any potential adverse action by any third-party or a third-party platform where you may have shared your unique referral link.
1.7 Multiple Referrals
A person who has been referred (Invitee) is permitted to use one referral link only. If an Invitee receives a number of referral links from multiple Webull existing clients, it is the referral link that is used by the Invitee to sign up to Webull that is counted towards receiving a Referral Reward.
1.8 Redemption of Rewards
• The Participant will be notified by Webull Australia they have vouchers to redeem which can be claimed by clicking ‘Menu’ - ‘My Rewards’ on the Webull Australia App using their individual Webull Australia account login details.
• The free US fractional share(s) and the trading vouchers must be redeemed by the Participant via their individual Webull Australia account within 30 days of receiving the reward. Failure to do so within this period, in the reward will expire and cannot be re-instated.
• After the free share(s) or trading vouchers is (are) redeemed, the eligible fractional shares rewards will be added to the Client’s Account within 15 business days.
• The quantity of fractional shares awarded is based on the cash value of the reward that the Client is eligible to receive. This is computed based on the last closing price of the symbol security on the day the Client is deemed eligible to receive the reward.
• The free shares received through this Campaign do not constitute an investment invitation, inducements, recommendations, suggestions, solicitations or advice. Clients can continue to hold or sell the shares at their own will.
• After receiving the trading vouchers, the redemption is valid for 30 days, and only US or Australian securities buy transactions within 30 days after the redemption is accepted.
• Must be redeemed within 30 days after receiving the voucher, or the voucher will expire after 30 days after being issued.
• One Trading Voucher can only be redeemed for one order only. Once the order is selected and the redemption is confirmed, these actions will be regarded as final, and the redemption will be executed accordingly. Once confirmed, the redemption cannot be cancelled.
• Upon redemption, the value of the Trading Voucher or Trade Value, whichever is lower, will be credited into the corresponding Webull brokerage account within 15 business days.
o For example, if the selected order's Trade Value is AUD$20 and the Trading Voucher's value is AUD$100. The amount credited is AUD$20.
o For example, if the selected order's Trade Value is AUD$200 and the Trading Voucher's value is AUD$10. The amount credited is AUD$10.
• Webull Australia cannot guarantee or be responsible for any stock-related gifts that may not be distributed due to force majeure factors. For example, the issued stocks are suspended on the exchange, delisted, or failed to list on the exchange.
• Webull Australia reserves the right to change the offer terms or terminate the activity at any time without notice. This includes replacing the underlying shares to be given out as the rewards stated in these terms and conditions with another security.
• The rewards are limited to redemption per new account, with no more than one account registered per person. If your Webull Australia account shows any sign of fraud, abuse, or suspicious activity, Webull Australia reserves the right, in its sole discretion, to forfeit your stock rewards and limit your chance to participate in future promotions.
• This includes activities such as using multiple accounts to receive multiple rewards and immediate account closing upon receiving the rewards.
1.9 Indemnities
The following indemnities apply to these Campaigns:
• If the Participant’s Webull Australia account shows any sign of fraud including providing falsified information/documentation abuse of the Client Standard Agreement, or suspicious activity, Webull Australia reserves the right, in its sole discretion, to forfeit any rewards claimed via our Campaigns and limit your opportunity to participate in future promotions of our firm.
• The account holder will be responsible for covering all associated fees incurred with the return of those funds. Webull reserves the right not to remit the funds back to the account holder in order to cover transactional costs.
• Webull prohibits paying an Invitee to use a referral link and any Invitee selling on their referral link to others to gain referrals (e.g. advertising on online platforms to sell the referral link). The activity potentially violates ASIC guidelines and may mislead the use of financial products. In the case of any such activity being identified, Webull reserves the right to terminate the Participant's account, disqualify them from future promotion campaigns, and report them accordingly to ASIC.
• Pending or cancelled trades within the Campaign period are not included in this Campaign.
• This Campaign is not a recommendation, any Reward including shares, fractional or otherwise, which are received via this Campaign does not constitute as an invitation, inducement, recommendation, suggestion, or solicitation to invest.
• This Campaign is not financial advice. For the avoidance of doubt, Webull Australia is not providing personal financial product advice via this Campaign, and users can continue to hold or sell the Reward at their own discretion. Any proceeds from the sale of the Reward can also be used to purchase other shares.
• Force Majeure: Webull Australia cannot guarantee or be responsible for any Reward whose distribution may no longer be possible due to factors beyond our control, i.e., force majeure factors. Non-exhaustive examples include:
o Suspension of the security from the exchange.
o Delisting of the security from the exchange; or
o The security failing to list on the exchange.
• Right to amend/terminate: Webull Australia reserves the right to terminate or amend the terms of the Campaign at any time without notice, including the right to change the Reward. Webull Australia reserves the final decision with respect to any Reward, including a change of the value.
• Although Webull Australia shall endeavour to distribute the Reward promptly, this is subject to availability and accordingly, Webull Australia shall not be responsible for any delays whatsoever, nor shall there be any compensation payable in respect of any such delays.
1.10 Additional Terms
The following additional terms apply to these Campaigns:
• These Terms and Conditions form part of the Standard Client Agreement (the ‘Agreement’) with Webull Securities (Australia) Pty. Ltd. (ABN: 51 654 849 457), a private limited company incorporated under the law of New South Wales, having its registered address at Level 14, 1 Castlereagh Street, Sydney. Webull Securities (Australia) Pty. Ltd. is an Australian Financial Services Licence holder (No. 536980) under the Corporations Act 2001, licensed and regulated by the Australian Securities and Investments Commission.
• The content presented in the Webull Australia App may contain advertisements. however, it should not be construed as investment advice or recommendation, nor as an offer or solicitation, to deal in any investment product.
• Independent Assessment of Risk: All investors should independently consider if the relevant investment products are suitable for their own risk appetite. If they are uncertain of the investment products suitable for them, Investors are advised to seek advice from a professional financial adviser.
• Past Performance not Indicative: Past performance of any investment product is not indicative of future performance. The value of the investment products and the income from them may fluctuate periodically. Investing contains risks and investors may lose all their investments.
• Webull Australia’s decision on all matters relating to this Campaign will be at its discretion and will be final and binding on all Participants.
• Right to Terminate: Webull reserves the right to terminate or cancel a party’s participation in this Campaigns if they are suspected to or are found to have used inappropriate methods to acquire rewards. Non-exhaustive examples include:
o Unintended stock claim conducts.
o Fabrication or submission of false data.
o Exploiting a bug in the system.
• Webull reserves the right in its absolute discretion to terminate, vary, delete, or add to any of the Campaign’s terms and conditions herein, at any time without prior notice and without having to disclose any reason therefore and without any payment or compensation whatsoever to the Participant.
• Dispute Resolution: Webull Australia reserves the right to resolve any disputes incurred.
• The decision of Webull Australia on all matters relating to or arising from this Campaign (including the eligibility of any trade to be considered within the scope of this Campaign and the eligibility of any person to participate in this Campaign) is absolute, final, and binding and no correspondence and/or requests to retract and/or to modify any such decisions shall be considered. In the event of any inconsistency between these terms and conditions and any marketing material relating to this Campaign, these Terms and Conditions shall prevail.
• Webull Australia, its affiliates, its and their respective employees, directors, officers, representatives, and agents shall not be liable to any person for any loss, damage, injury, costs, or expenses incurred, suffered, borne, or arising from this Campaign.
• These Terms and Conditions are governed by and interpreted according to the laws of Australia and the Participants in this Campaign agree to submit to the jurisdiction of the courts of Australia.
• Exclusion Of Third-Party Rights: Except as otherwise expressly provided, no person who is not a party to this Agreement shall be entitled to enforce any terms of this Agreement.
• English Version Shall Prevail: The advertisement or Campaign content may be translated into other languages. This English version shall be referred to where such a translation is made. Should there be any discrepancies between the English version and any version of the content in another language, the English version shall prevail.
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