Moomoo Singapore Help Center-Lump Sum Vs DCA Giveaway Official Terms & Conditions Rules
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Lump Sum Vs DCA Giveaway Official Terms & Conditions Rules

Contest Rules

1. These terms and conditions (「Terms and Conditions」) shall apply to the 「Lump Sum Vs DCA Giveaway」 (「Campaign」) organized by Moomoo Financial Singapore Pte. Ltd. (Moomoo SG) [「Organiser」]

 

Contest Period 

2. The organiser holds an online event "Lump Sum Vs DCA" to give away S$10 NTUC Gift Vouchers x6.

3. This Giveaway will commence on 4 November 2024 at 12:00 SGT and end on 17 November 2024 at 23:59 SGT. Entries will only be accepted during this period.

4. Entries submitted after 17 November 2024 at 23:59 SGT will not be accepted.

5. Winners will be informed T+4 days by email after the giveaway ends on 17 November 2024 at 23:59 SGT. 

Entries and Participation 

6. Participants will have to be aged 18 and above with Moomoo SG universal account to be eligible to participate in the Contest and be eligible to win.

7.  These are the steps to participate in this Moo Community topic discussion

1. Participants place their vote found in the topic

2. Participants create an original post and share either

a. Which is better: Lump Sum or Dollar Cost Averaging, or do each have their own pros and cons? 
OR
b. When do you think Lump Sum investing is the better choice, and when is Dollar Cost Averaging a smarter option? Share your thoughts, experiences, or any questions with fellow Mooers!
  
7c. Moomoo SG reserves all rights to disqualify any incomplete submissions or submissions that do not abide by the respective platform guidelines.  
7d. Winner (s) will be emailed/messaged the prize within T+7 business days after submitting their details to the winner confirmation email (clientmarketing@sg.moomoo.com). 
7e. Each participant can only win one (1) prize across the qualifying period for the Contest with the same prize and period. There will be a maximum of six 6 winners throughout the entirety of this contest at the organiser’s discretion via best answers. 
7f. Each winner will receive one (1) S$10 NTUC Gift Voucher. 
7g. By participating in this giveaway, the Participant hereby grants full and unconditional consent to Moomoo SG. to use, reproduce, distribute, and publicly display all images and video content taken during the shoot, including but not limited to photographs, videos, and audio recordings (collectively referred to as "Content").
8. This content is exclusively to Moo Community who is residing in Singapore only. 

 

Prize and Winner List 

9. Substitution of gifts by the winner will not be entertained. Moomoo SG reserves all rights to end the Contest or amend the rules of the Contest at any time without prior notice. 

10. No prize transfer, assignment, or substitution by winners is permitted. If the prize is unavailable for any reason whatsoever, Moomoo SG, at its discretion, reserves the right to substitute the original prize with an alternative prize with similar monetary value. 

 

Term and conditions:

  1. The rewards and offers in this campaign/promotion (“Campaign/Promotion”) are provided by Moomoo Financial Singapore Pte. Ltd. ("Moomoo SG”), a wholly-owned subsidiary of Futu Holdings Limited. By participating in this Campaign/Promotion, you undertake to have carefully read and agree to be bound by the terms and conditions of this Campaign/Promotion (“Terms and Conditions”), as well as the terms and conditions of the existing Client Agreement. Moomoo SG has the final decision on the eligibility of participants in this Campaign/Promotion.

  2. Moomoo SG reserves the right to: (i) amend these Campaign/Promotion Terms and Conditions at any time without prior notice to you, and (ii) change, withdraw or terminate any offer or reward without disclosing the reason and without making compensation or remuneration. Any adjustments or decisions made by Moomoo SG in connection with this Campaign/Promotion shall be binding on all participants.

  3. Moomoo SG decisions on the winner and the prize are final and no correspondence will be entertained. 

  4. Moomoo SG will not be liable if any information is submitted incorrectly.

  5. All submissions should be original (i.e. taken from the user's account). They should not be plagiarised, copied, or reproduced by other participants. 

  6. You shall be responsible for any telephone, internet and other charges that may be incurred.

  7. Currently, Moomoo SG limits sign-ups to a limited group of nationalities. Please click on the drop-down box during your account opening process to see if your nationality is available on the list.

  8. You can only open one universal account with Moomoo SG. Moomoo SG does not allow one person to open a universal account on behalf of another person (i.e. non-beneficial owners are not allowed to open accounts). Please do not open the universal account if you are not the ultimate beneficial owner. If your universal account shows signs of fraud, abuse, or suspicious activity, such as the use of multiple accounts or devices, Moomoo SG may, at its sole discretion, confiscate your reward entitlements and limit your opportunities to participate in future Campaign/Promotion.

  9. Each device, whether mobile or computer, can only receive one set of account opening bonus, deposit bonus and/or referral bonus. The same user can only be invited once. The same moomoo account, the same mobile phone number, and the same device are all regarded as representing the same user.

  10. In Singapore, the investment products available through the moomoo app are offered by Moomoo Financial Singapore Pte. Ltd., a dealer licensed by the Monetary Authority of Singapore. Moomoo SG is a licensed entity registered with the Monetary Authority of Singapore (MAS) (License No..CMS101000). The moomoo App is a trading platform provided by Moomoo Technologies Inc., a subsidiary of Futu Holdings Limited. Nothing in connection with this Campaign/Promotion shall be construed as an offer, invitation or recommendation to buy or sell securities, futures or other investment products. Moomoo SG does not provide investment advice and does not recommend any securities or transactions. All types of investments involve risk, and you may suffer losses. All information and data on the webpage are for informational purposes only. Past performance is no guarantee of future results. This Campaign/Promotion does not consider your investment objectives, financial situation or financial needs.

  11. In the event of any inconsistency between these Terms and Conditions and any advertising, promotion, promotional and other materials relating to or in connection with this Campaign/Promotion, these Terms and Conditions shall prevail.

  12. Moomoo SG shall not be responsible for any injury, loss or damage suffered as a result of, or in connection with the Campaign/Promotion and/or redemption or use of the prize/rewards howsoever arising, including but not limited to, fulfilment of the prizes/rewards, any breakdown or malfunction in any computer system or equipment, any notice which is misdirected and/or lost in the post, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties howsoever arising whether in contract, tort, negligence or otherwise. For the avoidance of doubt, cancellation, suspension or termination by Moomoo SG of this Campaign/Promotion shall not entitle any party to any claim or compensation against Moomoo SG for any and all losses or damage suffered or incurred directly or indirectly resulting therefrom.

  13. By participating in the campaign/promotion, the participants (including the winner) are deemed to have consented to: (i) the collection, use, and disclosure of his/her name, image, voice, and/or likeness by the Moomoo SG for editorial, advertising, promotional, marketing and/or other purposes without any payment and/or compensation except where prohibited by law; and (ii) receiving promotional, marketing and other publicity information from Moomoo SG from time to time. 

  14. Each participant of this campaign/promotion grants Instagram and/or Facebook a complete release from any liability and exempts Moomoo SG from any liability arising from any act, omission, or default in connection with the use and operation of the operating platforms for Instagram and/or Facebook over which Moomoo SG has no control. This Contest is in no way sponsored, endorsed or administered by, or associated with Instagram and/or Facebook, and all participants are providing information to Moomoo SG and not to Instagram and/or Facebook. 

  15. Any trademarks, graphic symbols, logos or intellectual property contained in any materials relating to this Campaign/Promotion, particularly in connection with the rewards/prizes, are the property of their respective owners. Moomoo SG does not provide any financial advice, endorsement or sponsorship of its products or services.

  16. This Campaign/Promotion is not eligible to users whose names are on the "Moomoo SG Event Participation Ban List". If a user repeatedly violates safety rules of Moomoo SG, their name will be added to the "Moomoo SG Event Participation Ban List".

  17. This advertisement has not been reviewed by the Monetary Authority of Singapore.

  18. If you have any questions, please contact our online customer service team.