StakeMates Promotion Terms & Conditions

Last Updated 11th February, 2022

Overview

The ‘#StakeMates' promotion is run by Stakeshop Pty Ltd (Australia) ('Stake'). The program provides two (2) customers with the chance to get USD$250 in free stock each.

To participate, customers must agree to these #StakeMates terms and conditions.

The #StakeMates promotion period is defined as 7 days from the date the #StakeMates competition post is posted on Instagram by @hellostake.

Eligibility Criteria

In order to qualify for this promotion you must:

  • Follow @hellostake on Instagram;

  • Comment on the #StakeMates post with (1) your answer to the question contained in the caption, and (2) tag a friend;

  • Share the #StakeMates post to your story; and

  • Ensure that you and your tagged friend each have an active Stake Wall St account within 7 days after the promotion ends.

If eligible, you will be entered into the draw for the chance to win US$250 stock for yourself and US$250 stock for your tagged friend.

Before opening any Stake account and choosing to invest, please read the relevant terms and conditions and consider whether it is appropriate for you.

Winner Selection

Within twenty four (24) hours of the end date of the promotion, the Stake Marketing Team will select one (1) winner based who has the most creative answer. The winner and their tagged friend will be contacted via Instagram comment and direct message.

Stake will make all reasonable efforts to contact the winner and their tagged friend to confirm their Stake accounts which the prize is to be deposited in. If both the winner and their friend are not able to provide their Stake account details within seven (7) days of the promotion ending, the Stake Marketing Team will select another winner and reach out to them and their tagged friend instead.

Prize

The winner and their friend will each receive USD$250 of a free stock in their Stake Wall St account.

Restrictions

Customers are not eligible to set up multiple accounts to claim more than one entry into the draw. For the avoidance of doubt, only 1 entry per person under this promotion is allowed.

This promotion is also not available to Non-Individual accounts (SMSF, Company and accounts) and minors.

No Affiliation with Instagram

This promotion is not sponsored, endorsed or administered by, or associated with, Instagram. By participating in this promotion you agree to release Instagram from all claims.

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 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 #StakeMates 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 rewards in our sole discretion as deemed fair and appropriate.

Legal & Updates to the terms

These ‘#StakeMates’ promotion Terms & Conditions are governed by and construed in accordance with the laws of New South Wales, Australia.

We can update these ‘#StakeMates’ 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.


Stake logo
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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