Campaign Title: Get 5 fractional shares totalling USD 50 when you fund your account from as little as 1¢*
The following Terms and Conditions (the “Terms”) outline the Promotional Campaign (the “Campaign”) by Tiger Brokers(AU) Pty Limited ( "Tiger" or "TBAU", ACN 007268386, AFSL 300767) through which new TBAU Clients (the “Clients”) may receive the rewards specified below provided the conditions and requirements below are met. By participating in this Campaign, you agree to be bound by the Terms and Conditions herein contained, in addition to TBAU's Client Services Agreement, Privacy Policy, Website Terms of Use and all other Terms and Conditions applicable to account holders. In the event of any dispute as to the interpretation of the Terms, the decision of TBAU shall be final and binding.
The Campaign runs for a limited period, allowing eligible new clients to participate between 26 December 2022 19:00:00 AEDT and 12 June 2023 17:59:59 AEST.
Participation in the Campaign is only open to Australian residents over the age of 18 who have not held any previous or existing accounts with TBAU or with its affiliates. Each Client 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 the Campaign period are not eligible to participate. An Eligible Client must both open and fund an account within the Campaign period to receive the Welcome Rewards.
Note: Persons or entities constituted as Limited Companies, Partnerships, Trusts or any other kind of legal entity are not eligible for the Campaign, nor are Institutional, Wholesale, or ESOP (Employee Share Ownership Program) accounts.
3.1 Welcome Reward -Account Opening
Once an eligible Client opens and funds a new TBAU account, the Client shall receive 90 days of brokerage-free trading plus:
free live streaming US market data
free click to refresh AU market data
Our fees explained
There are three parts to the fees:
* Commission
* Platform fees
These two combined are called brokerage fees.
We also have third-party fees and charges hereinafter called pass-through fees.
Pass-through fees still apply. Please refer to the Financial service guide and/or fee schedule at https://www.tigerbrokers.com.au/commissions for full details
3.2 Welcome Reward - Account Funding
Once an eligible Client opens and funds a new account with TBAU within the Campaign period and successfully completes the first cash deposit into their TBAU Account within the Campaign period, they are entitled to claim their reward of USD 50 worth of fractional shares. Eligible Clients can select 5 out of 10 fractional shares, including:
USD 10 Apple (AAPL) share
USD 10 Microsoft (MSFT) share
USD 10 Google (GOOG) share
USD 10 Amazon (AMZN) share
USD 10 Tesla (TSLA) share
USD 10 Berkshire B (BRK.B) share
USD 10 Unitedhealth Group Inc(UNH) share
USD 10 Johnson & Johnson (JNJ ) share
USD 10 Exxon Mobil Corp ( XOM) share
USD 10 Visa (V) share
| Rewards | Distribution Schedule |
Account Opening |
| *The effective time of the US & ASX brokerage-free trading is the following hour once the Client receives the deposit notification plus 10 minutes. For instance, a Client receives the successful deposit notification at 21:55 of 1 March, the effective time of the special rate bonus is 23:00, and the following hour of 21:55 plus 10 mins. |
Account Funding | USD 50 worth of fractional shares (5*fractional shares with a face value of USD 10 each) |
|
Clients who have received the fractional shares selection choice notification should select their reward in [Tiger Trade app > Reward Centre] by the following steps:
Step 1: New Clients who fulfil the specified requirements will get a selection choice first.
Step 2: Click "Active" for the reward and then a new page with the feature of selecting will be shown.
Step 3: After the selection, the selected 5 fractional shares valuing USD 10 each will be shown in Rewards Centre and in the status of "Processing". Then the free share will be delivered to the Client's account within 10 working days.
Please note the fractional shares are limited to being distributed to Tiger Prime Account.
If the Client receives fractional share rewards based on face value, the system will convert yesterday’s closing price at the time of stock distribution into the number of stocks and distribute them to the Client’s account holdings.
Please note during the holding period of stocks, the corporate action of the stock may cause charges. Tiger Brokers will charge accordingly. Please pay attention to the security of your account's total assets.
By participating in this event and receiving the rewards in your account, you agree that you will only withdraw the proceeds generated from the rewards after you have successfully completed 10 trades and the amount of each settled order is at a minimum of USD 3 (or equivalent to other currencies). Filled orders with an amount less than USD 3(or equivalent to other currencies)or currency exchange orders will not be counted.
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 the Campaign must read and understand the TBAU 's Financial Services Guide, Risk Disclosure Statements, and other disclosure documents which are available on the TBAU website before making any investment decisions.
TBAU shall not assume any liability for any losses incurred to any Clients in connection with the Promotion, however arising, including but not limited to losses incurred from trading.
Any violation of these Terms might lead to rewards being cancelled, withdrawn, or claimed back, as applicable and at the discretion of TBAU.
New Clients of this Campaign are not eligible to participate in any other ongoing or future promotions by TBAU unless otherwise stated by TBAU. Participants of this Campaign can participate in the Referral campaign at the same time.
TBAU reserves the right, at its sole discretion, to prohibit any Client from participating in any aspect of the Campaign if TBAU deems or suspects that such a Client has engaged in or has attempted to engage in any of the following: a) acting in violation of these Campaign Terms; b) damaging, tampering with or corrupting the operation of the Campaign; c) activity deemed in the sole discretion of TBAU to be inconsistent with the intended operation of the Campaign.
If any Client is discovered to be ineligible for the Campaign for any reason, TBAU is entitled to at any time (i) forfeit, withdraw or withhold the Campaign at any time; or where the Campaign has been awarded and/or utilized (ii) reclaim the Campaign and/or deduct the utilized portion of the Campaign from the Client’s account. In such an event, no person shall be entitled to any payment or compensation from TBAU.
The rewards are only claimable in situations when a new Client registers and opens his/her first, new account and funds the account within the Campaign Period. The Campaign does not apply to registration or account opening completed outside the Campaign Period.
TBAU may, at its discretion, vary, amend, delete and/or add on to any of the Terms, including, but not limited to, terminating this Campaign at any time without giving any reason or prior notice or assuming any liability to any Client(s), and all Client(s) shall be bound by such variations, amendments, deletions and/or additions. TBAU shall be the sole determiner of the interpretation of these Terms and Conditions in its sole and absolute discretion.TBAU shall not be obliged to give any reason or enter into any correspondence with any person on any matter concerning this Campaign.
The Terms are governed by the laws of New South Wales and any dispute arising in relation to these Terms shall be subject to the exclusive jurisdiction of the courts of New South Wales, except where such dispute falls under applicable arbitration rules.
The Terms should be read in conjunction with the financial service guide, the risk disclosure statement for securities and ETFs, relevant product disclosure statements and Target Market Determination(TMD), terms and conditions, Client Agreement and other disclosure and legal documents available at www.tigerbrokers.com.au
In the event of any inconsistency between the Terms and any brochure, marketing or promotional material relating to the Campaign, the Terms will prevail.
If you have questions or need help, please contact us:
Tel: (02) 9169 6999
Service time: weekdays 9 am - 5 pm AEDT
TBAU website: www.tigerbrokers.com.au