Motley Fool $0 Brokerage Promotion

Last Updated 16th March, 2022

Overview

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.

Eligibility Criteria

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.

Promotional Offer

If successfully redeemed, the customer will receive three (3) $1 discounts on their Stake AUS brokerage fees, each lasting for 12-months.

Restrictions

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.

Severability

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.

Jurisdiction

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.


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Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

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