Moomoo Australia Trading Rewards Promotion (hereinafter referred to as the ‘Promotion’) is a commercial promotion offered by Moomoo Securities Australia Ltd, ABN 51 095 920 648, AFSL 224663, of Suite 1701, Level 17, 570 George Street, Sydney (‘Moomoo AU’ or the ‘Promotor’). This Promotion is valid from 7 August 2024 at 00:00 AM AEST to 31 October 2024 at 23:59 PM AEST (the ‘Promotion Period’) and is available only to Eligible Clients of Moomoo AU (see definition below).
Eligible Clients:
This Promotion is only available to Australian users who are invited. Eligibility for participation is subject to receiving a promotion notification.
Moomoo will send pop-ups, push, edm and other information to users who are eligible to participate in this Promotion. Users who have not received push messages cannot participate in this Promotion.
Complete any of the following actions within the Promotion Period to receive the corresponding rewards:
1.Get two chances to win popular stock rewards, such as Apple, Nvidia and Tesla when you place 2 U.S. stock BUY orders.
2.Get FREE U.S. stock market data for 90 days when you place 10 U.S. stock BUY orders.
*For the purpose of this Promotion, SELL orders or any orders entered in markets other than the US securities markets will NOT qualify the account holders to the above rewards. These include selling of existing holdings, transferred-in shares, and free gift shares received from other Promotions organised by Moomoo AU.
Shares included in the prize pool are: Tesla Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA); plus fractional shares including: 0.05 Tesla fractional share, 0.05 Apple fractional share, 0.1 Nvidia fractional share.
Stock Picker | Price (USD) | Price (AUD) |
1 TSLA share | 232.070 | 357.526 |
1 AAPL share | 222.080 | 342.135 |
1 NVDA share | 117.020 | 180.280 |
0.03 TSLA Fractional share | 6.962 | 10.722 |
0.03 AAPL Fractional share | 6.60 | 10.168 |
0.05 NVDA Fractional share | 5.85 | 9.010 |
The above indicative market price of each gift stock is based on the closing price on 31 July 2024. The above market prices are indicative only. Prices of gift shares may fluctuate subject to market movements and, as a result, the value of the gift shares may change when they are allocated to your Account. The Promotor is not responsible or liable and shall bear no consequence for the price difference between the indicative prices and actual market prices the gift shares. The Promotor shall not give any declaration, compensation and/or assume any responsibilities, liabilities and consequences regarding the same. For the avoidance of doubt, the exchange rate of US$ is based on the RBA official AUD/USD foreign exchange rate on 31 July 2024.
The probability of winning each stock is as follows:
1 TSLA share 0.10%
1 AAPL share 0.80%
1 NVDA share 0.10%
0.03 TSLA Fractional share 33%
0.03 AAPL Fractional share 33%
0.05 NVDA Fractional share 33%
• When the customer completes 10 U.S. stock purchase transactions on Moomoo AU, he or she will receive a notification to obtain 90 days of free U.S. Stock LV 2 NYSE OpenBook quotation rights. This market benefit needs to be activated manually and will continue to be valid for 90 natural days after activation.
• Manual activation method of market rights: Enter APP > My Tab > My Rewards > Click on the NYSE OpenBook card and select activation
• NYSE OpenBook is an in-depth quotation service for the New York Stock Exchange in the United States. It displays the in-depth placement of all stocks traded on the NYSE. We can currently support up to 60 placements.
• To find out more, please refer to our Financial Services Guide.
1.Am I still eiligible to get the Welcome Rewards?
Yes, participation in this promotion does not affect your eligibility for the NUP Reward (New User Promotion). The spin chance received from this Promotion is different from that of NUP, and does not impact your future eligibility.
2.Why is the amount of rewards shares I actually received different from the price on the promotion landing page?
Prices of gift shares may fluctuate subject to market movements. The above market prices are indicative only.
3.Where can I find my rewards?
After completing the buy order, the spin chances will be automatically issued within 3 working days. Please pay attention to the system notification.
All of the spin chances can be used on this landing page. Please click on the "Spin" button on the promotion page to use the lucky draw.
The stocks won from the spin will be issued to your trading account within 5 to 7 business days, which can be viewed through "App > Accounts > Assets".
1.This Promotion is provided by Moomoo Securities Australia Ltd. (hereinafter referred to as "Moomoo AU"), a wholly-owned subsidiary of Futu Holdings Limited. In Australia, investment products available on moomoo are offered by Moomoo AU which is regulated by the Australian Securities and Investments Commission(ASIC). The moomoo App is a trading platform offered by Moomoo Inc., a wholly-owned subsidiary of Futu Holdings Limited.
2.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 Financial Services Guide, Risk Disclosure Statements and other disclosure documents which are available on the website www.moomoo.com/au before making any investment decisions.
3.Clients should seek advice from a tax professional regarding each participant's personal circumstance. There may be other applicable taxes to consider. Clients are responsible for any tax consequences, if any, that may result from their participant of this Promotion.
4.Moomoo AU strictly prohibits any existing customer from sharing, selling or otherwise promoting their referral link(s) on public domains, including social media platforms that are open for public viewing. Existing customers are reminded that such actions are likely a violation of relevant Australian financial services laws and regulations, which may attract legal consequences. Moomoo reserves the rights to take further actions against the relevant Clients should any such activities are identified, including but not limited to:
• Termination or suspension of the Moomoo AU Accounts held by relevant Clients invited by such existing customers ;
• Removal of any allocated or unallocated promotion rewards from the Moomoo AU Accounts held by C Clients, at the expense of the account holder(s);
• Disqualify relevant Clients from participation in any future promotions or events;
• Make corresponding reports of misconducts or violation of relevant laws or regulations to regulators, including ASIC.
5.A text message or e-mail containing relevant information about the Promotion will be sent to participants. If you want to turn off notifications, you can go to "Settings - New Message Notifications - Cancel Notifications" on the moomoo App.
6.At its sole discretion, Moomoo AU reserves the right to cancel, terminate, modify or suspend this Promotion and invalidate any affected participations, or suspend or vary a reward, without any further notice or assuming any liability to any person(s).
7.You can only open one trading account with us and are required to agree to all existing terms and conditions in the Client Services Agreement , as well as all the terms and conditions of this Promotion, or any other promotions or events. If your securities account shows signs of fraud, abuse, or suspicious activity, e.g. including but not limited to registering multiple accounts using the same device, Moomoo AU may, at its sole discretion, cancel your rewards and limit your eligibility to participate in future promotions.
8.Each device, mobile or desktop, is only entitled to one set of account-opening rewards, deposit rewards, and referral rewards. A user can only be referred once. Using the same moomoo ID, phone number, or device will all be regarded as a single user.
9.This event is not available for users on the "Moomoo AU Event Participation Ban List". If a user repeatedly violates Moomoo AU's safety rules, the user will be put on the "Moomoo AU Event Participation Ban List".If you need to know more about the list, you can contact the customer service team of Moomoo AU.
10.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.
11.Moomoo AU shall not assume any liability to any financial or non financial losses incurred to any persons in connection with the Promotion, however arising, including but not limited to losses incurred from trading.
12.Moomoo AU 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, Moomoo AU's decision will be final and no further correspondence will be entered into.
13.Moomoo AU has the final right to interpret these terms and conditions. The data and data confirmed of this Promotion shall be subject to confirmation by Moomoo AU's back-end data. In case of any disputes, Moomoo AU reserves the right to make the final decision without any further notice.
14.The Terms and Conditions are written in both Chinese and English. In the event of any discrepancy between the Chinese version and the English version, the English version shall prevail.