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Motley Fool $0 Brokerage Promotion
Last Updated 16th March, 2022
The ‘Motley Fool $0 Brokerage Promotion’ is run by The Motley Fool Australia Pty Ltd (ACN 146 988 052 | AFSL No. 400691) ('Motley Fool') in collaboration with Stakeshop Pty Ltd (Australia) ('Stake').
The program provides customers of The Motley Fool with $0 brokerage on Stake AUS for 12 months if correctly redeemed.
To participate, individuals must agree to these ’Motley Fool $0 Brokerage Promotion' terms and conditions, in addition to the Stake general terms and conditions and Stake AUS Rewards terms and conditions.
The ‘Motley Fool $0 Brokerage Promotion’ promotion period is defined as 08:00 am AEST on 1st February 2022 through 11:59 pm AEST on 31st March 2022.
In order to be eligible for this promotion you must:
Have an active subscription to a Motley Fool product by 11:59 pm AEST on February 28, 2022.
Fulfils general eligibility criteria per Stake AUS Rewards terms and conditions.
If eligible, you will receive a ‘Promo Code’ from the Motley Fool in the first half of March. To redeem the offer on Stake, you must input this promo code into the Stake platform within the ‘Promotions’ option under the ‘Account’ section. 'How-to' instructions will be provided when the promo code is sent.
This must be completed by 11:59pm on 31st March 2022.
Before opening any Stake account and choosing to invest, please read the relevant terms and conditions and Financial Services Guide.
If successfully redeemed, the customer will receive three (3) $1 discounts on their Stake AUS brokerage fees, each lasting for 12-months.
These three $1 discounts will be activated simultaneously. Individuals are not able to have these staggered or activated at different times. The offer and use of these discounts are subject to the Stake AUS Rewards Program.
The discounts are valid for up to 10 trades per month. If 10 trades per month are not used, the remaining allowance cannot be redeemed as or exchanged for any other form of value (monetary or otherwise), and they cannot be rolled over to the next period.
After the 12 month period, these three $1 discounts will expire and the customer’s account will revert to the regular applicable brokerage fees of Stake AUS at that time.
If any provision in these terms is held to be invalid, void, or unenforceable, such provision (or the part of it that is making it invalid, void, or unenforceable) will be struck and not affect the validity of and enforceability of the remaining provisions.
Termination and Changes
Stake may suspend or terminate the Promotion or a user’s ability to participate in the Motley Fool $0 Brokerage Promotion at any time for any reason.
We reserve the right to suspend accounts if we notice any activity we believe is abusive, contrary to Stake’s brand values, fraudulent, or in violation of the Stake Terms & Conditions. We reserve the right to review and investigate all referral activities and to suspend accounts or modify referrals in our sole discretion as deemed fair and appropriate.
These ‘Motley Fool $0 Brokerage Promotion’ Terms & Conditions are governed by and construed in accordance with the laws of New South Wales, Australia and any dispute arising out of them shall be subject to the exclusive jurisdiction of the Courts of New South Wales, Australia.
Updates to the terms
We can update these ‘Motley Fool $0 Brokerage Promotion’ T&Cs at any time without prior notice. If we modify these terms, we will post the modification on the Stake website & app which are effective upon posting. Continued participation in the Promotion after any modification shall constitute consent to such modification.