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幫助中心 【T&Cs】US Cash Reward Challenge

【T&Cs】US Cash Reward Challenge

Promotion period

October 15, 2023, 0:00 AM – December 31, 2023, 11:59 PM ET (hereafter referred as "Promotion Period").
 
 

Eligibility

This Cash Reward Challenge Promotion is only applicable to participants with a Moomoo Financial brokerage account. We will NOT be able to award any bonuses to participants who no longer have active brokerage accounts with Moomoo Financial Inc.
Offer is only valid for US residents with a valid SSN who are at least 18 years old.
 
 

How it works

Unique clients (hereinafter referred as "you") may receive the following rewards subject to these Terms and Conditions.
 
 

Free Share

Unique clients identified by Moomoo US may receive 1 free share of "GRAB"("Free Share") on 15 October, 2023 and will receive a Moomoo in-app notification upon the issuance of the Free Share.
 
——The Free Share needs to be claimed before it can be credited to take effect as stock holdings. The Free Share must be claimed before 00:00 on December 31, otherwise, the Free Share that has been issued to be claimed will automatically expire, and unique clients who fail to claim in time will be deemed to have automatically given up the chance of participating in the Promotion and any rewards of this Promotion can not be reissued.
 
——After claiming the Free Share, you can sell the Free Share if you would like to and choose to keep the funds in your brokerage account and still participate in this Cash Reward Challenge Promotion.
 
 

Cash Rewards

If you received the Free Share on 15 October, 2023 and have successfully claimed Free Share pursuant to the above Free Share section during the Promotion Period (i.e. Before 31 December 2023 at 00:00 EST), you will be eligible to receive additional cash rewards subject to the following terms and conditions:
  1. You will have to maintain portfolio values of no less than $3 during the period for a total of 11 months, commencing from the second day after you successfully claim the Free Share (i.e. if the Free Share was claimed on 15 October, 2023, then 16 October, 2023) to 30 June, 2024. Further clarification please see :“Under what circumstances will I lose my eligibility to receive the cash rewards?”
  2. Upon continuous satisfication of the portfolio value conditions as stated above, you will be eligible to receive a cash reward worth $2 at a specified time every month (i.e. from the 23rd of each month to the last day of the month, hereinafter referred as "Cash Rewards Collecting Period", please see the "Examples" below for the details of each Cash Rewards Collecting Period). You may receive such cash rewards for 11 consecutive months at most (cash rewards worth a total value of $22) as long as you keep maintaining your portfolio value of no less than $3.
  3. Subject to these Terms and Conditions, the cash rewards will be issued to your Moomoo US trading account and such cash rewards can be claimed and used. Please see "How do I receive and collect cash rewards?" for more details.*
Examples (i.e. the Cash Rewards Collecting Period of each month):
  • Time to receive cash rewards in the first month: from the 2nd day of successfully receiving and claiming the Free Share to 23:59 on 31 October, 2023
  • Cash rewards available in the 2nd month: 23 September, 2023 00:00 (EST) — 30 September, 2023 23:59 (EST)
  • Cash rewards available in the 3rd month: 23 October, 2023 00:00 (EST) — 31 October, 2023 23:59 (EST)
  • Cash rewards available in the 4th month: 23 November, 2023 00:00 (EST) — 30 November, 2023 23:59 (EST)
  • Cash rewards available in the 5th month: 23 December, 2023 00:00 (EST) — 31 December, 2023 23:59 (EST)
  • Cash rewards available in the 6th month: 23 January, 2024 00:00 (EST) — 31 January, 2024 23:59 (EST)
  • Cash rewards available in the 7th month: 23 February, 2024 00:00 (EST) — 29 February, 2024 23:59 (EST)
  • Cash rewards available in the 8th month: 23 March, 2024 00:00 (EST) — 31 March, 2024 23:59 (EST)
  • Cash rewards available in the 9th month: 23 April, 2024 00:00 (EST) — 30 April, 2024 23:59 (EST)
  • Cash rewards available in the 10th month: 23 May, 2024 00:00 (EST) — 31 May, 2024 23:59 (EST)
  • Cash rewards available in the 11th month: 23 June, 2024 00:00 (EST) — 30 June, 2024 23:59 (EST)
  • Cash rewards available in the 10th month: 23 July, 2024 00:00 (EST) — 31 July, 2024 23:59 (EST)
  • Cash rewards available in the 11th month: 23 August, 2024 00:00 (EST) — 31 August, 2024 23:59 (EST)
     

Q&A

How do I receive and collect cash rewards?

If you satisfy the portfolio value requirements as stated in these Terms and Conditions, you are eligible to receive cash rewards the day after you have successfully claimed the Free Stock pursuant to these Terms and Conditions. For avoidance of doubt, you are required to enter the event page and manually collect the cash reward within the respective Cash Rewards Collecting Period (Description: The cash rewards are in the form of cash coupons, issued to your Moomoo US trading account.Please see the section "About cash rewards" for more information.)

How to check rewards?

You can click this link: https://invest.us.moomoo.com/crchallenge to enter the event page to view and receive rewards;
Or follow this link: https://promo.moomoo.com/mprize to view all your awards history.
 

Under what circumstances will I lose my eligibility to receive the cash rewards?

(1)If your total portfolio values falls below $3 before 23:59 on August 30, 2024, you will forfeit the opportunity to continue participating in the promotion. From the date when your total portfolio values were found to drop to less than $3, all subsequent cash coupons to be unlocked will become invalid immediately. To further clarify, any forfeited cash coupons will not be reissued even if your portfolio value rises to more than $3. In other words, the eligibility to receive cash awards for this promo will be lost permanently at any time you fail to maintain minimum portfolio values according to these Terms and Conditions.
(2) If you fail to collect the cash rewards within the respective Cash Rewards Collecting Period, it will be deemed as giving up the cash rewards of the month (that is, the uncollected cash rewards will be automatically invalidated, but will not affect the subsequent cash rewards that can be collected in the following months).The cash rewards are in the form of cash coupons, issued to your Moomoo US trading account.
 
 

About Cash Rewards

1. Cash rewards are valid for 24 months from the date of issuance of the reward.
 
2. Cash rewards are applicable to MFI brokerage accounts and can only be used to buy US market Stocks, Fund(REITs, ETF); HK market Stocks, Fund(REITs, ETF, Leveraged and Inverse Products); Cash Rewards represent the value of a potential credit to a brokerage account and are not discounts on your purchase orders. Cash Rewards may be taxable to you.
 
3. Cash Rewards do not have any buying power until the face value of the Cash Reward is credited to your brokerage account. After the first eligible order (buy-to-open orders only) is settled, a cash reward amount equal to the face value of the coupon is credited to the user’s brokerage account within three trading days. Users can check the status of cash rewards via "Transfer" - "Funds details", or "Notification". The use of cash rewards depends on the order amount, product type, applicable market, and other conditions.
 
4. Cash rewards can be used only once per order. Cash rewards can be used in conjunction with the commission discount or the zero commission coupon.
 
5. By default, cash rewards with the earliest expiration will be used first. If two or more cash rewards have the same expiration date, by default, the cash rewards with the higher denomination will be used first.
 
6. To use moomoo’s desktop platform and mobile app’s features and benefits from your computer or mobile devices, you need the most up-to-date version of your web browser and moomoo app. For the best experience, update your browser and moomoo app to the latest version.
 
7. Cash rewards are not registered, non-transferable, irrecoverable once lost, and can be used only once.
 
8. Cash rewards are promotion rewards, and moomoo reserves the right to reclaim cash rewards acquired via inappropriate means, such as exploiting system vulnerabilities, hacking, and false pretenses.
 
9. Moomoo reserves the sole discretion to interpret the terms and conditions of this promotion.
 
10. You must have a brokerage account with Moomoo Financial Inc. to redeem cash rewards. Cash rewards may be redeemed only through the moomoo app and have no other value. 
 
 

Other Terms and Conditions

1.This program is open to U.S. residents, who are at least 18 years of age with a valid Social Security Number. Employees, contractors, or persons similarly associated with Moomoo Financial Inc. or a Moomoo Financial Inc. affiliate, members of their household and employees of any securities regulatory organization or exchange are not eligible for this program.
 
2. The rewards in this program are offered by Moomoo Financial Inc.. Moomoo Technologies Inc. and Moomoo Financial Inc. are indirect, wholly-owned subsidiaries of Futu Holdings Ltd. The Moomoo App is a trading platform offered by Moomoo Technologies Inc.. Securities products available through the Moomoo App are offered by Moomoo Financial Inc., a broker-dealer registered with the SEC. Moomoo Financial Inc. is a member of FINRA and SIPC. For further information about Moomoo Financial Inc., see FINRA BrokerCheck. For further information about SIPC coverage for accounts at Moomoo Financial Inc., see www.sipc.org or request an explanatory brochure from Moomoo Financial Inc.
 
3. This offer is limited to one free share per registered account, with no more than one account enrolled per person. You must have an active brokerage account with Moomoo Financial Inc. to receive the promotional Free Share(s).13. Neither receipt of a share of stock through this program nor identification of a particular security in communications related to this program constitutes a solicitation of the security or a recommendation to buy, sell, or hold the security. Moomoo Technologies Inc. and Moomoo Financial Inc. do not provide investment advice and does not hereby recommend any security or transaction. 
 
4. Neither receipt of a share of stock through this program nor identification of a particular security in communications related to this program constitutes a solicitation of the security or a recommendation to buy, sell, or hold the security. Moomoo Technologies Inc. and Moomoo Financial Inc. do not provide investment advice and does not hereby recommend any security or transaction. 
 
5. Customers may hold or sell awarded stocks once credited to their accounts. The value from sale of the stock can be withdrawn or used to buy other eligible securities in the account. 
 
6. At its discretion, Moomoo Financial Inc. reserves the right to adjust the incentive program parameters.
 
7. You can only register one trading account with us. If your moomoo account shows signs of fraud, abuse, or suspicious activity, e.g., using multiple accounts, moomoo may, in its sole discretion, forfeit your stock rewards and limit your chance to participate in future promotions.
 
8. Each device, regardless of mobile or computer, can be only entitled to one set of login bonuses.
 
9. Moomoo Financial Inc. and Moomoo Technologies Inc. reserve the right to terminate the incentive program at any time without notice. Other restrictions may apply and will be posted on the Moomoo App/website prior to effectiveness.
 
10. Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a stock bonus before enrolling. For taxable accounts, the value of all Moomoo Financial Inc. offers received may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations. Moomoo Financial Inc. and Moomoo Technologies Inc. do not take responsibility for any tax related to this promotion.
 
11. Translations from English are provided for convenience only. In case of any ambiguity or dispute over the terms or rules of this promotion, the terms and conditions of the English language version will be controlled.
 
12. ALL TERMS AND AGREEMENTS OF MOOMOO FINANCIAL INC. AND MOOMOO TECHNOLOGIES INC. ARE HEREBY INCORPORATED INTO THESE TERMS AND CONDITIONS, INCLUDING AND NOT LIMITED TO THEIR ARBITRATION AND CLASS-ACTION WAIVER PROVISIONS. The customer agreement for Moomoo Financial Inc. is available at here.
 
These terms contain a pre-dispute arbitration clause and class action waiver. You agree with the following:

● All parties to this Agreement are giving up their right to sue each other in court. including the right to jury trial, except as provided by the rules of the arbitration forum in which a claim is filed.
● Arbitration awards are generally final and binding; a party’s ability to have a court reverse or modify an arbitration award is very limited.
● The ability of the parties to obtain documents, witness statements, and other discoveries is generally more limited in arbitration than in court proceedings.
● The arbitrators do not have to explain the reason(s) for their award unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date.
● The panel of arbitrators may include a minority of arbitrators who were or are affiliated with the securities industry.
● The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court.
● The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this Agreement.
● No person will bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action; or who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until: (1) the class certification is denied; (2) the class is decertified; or (3) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate will not constitute a waiver of any rights under this Agreement except to the extent stated herein. I agree that any controversy between you and your affiliates, any of their respective officers, directors, employees, or agents and me (including any of my officers, directors, employees, or agents) arising out of or relating to this Agreement, our relationship, any Brokerage Services provided by you, or the use of the App or your website, and whether arising before or after the date of this Agreement, shall be arbitrated and conducted under the provisions of the Code of Arbitration of the FINRA. If any party unsuccessfully resists confirmation or enforcement of an arbitration award rendered under this Agreement, then that party shall pay all costs, attorneys’ fees, and expenses incurred by the other party or parties in confirming or enforcing the award. Arbitration must be initiated by service upon the other party of a written demand for arbitration or notice of intention to arbitrate. Judgment, upon any award rendered by the arbitrator, may be entered into any court having jurisdiction.