Trade Teaser Competition Terms and Conditions

Overview

These Terms and Conditions apply to Stake's 'Trade Teaser' in the weekly 'The Wrap' newsletter (the Competition). By participating in the Competition, you agree to be bound by these Competition terms and conditions, in addition to Stake's general Terms and Conditions.

Promoter

In Australia and New Zealand, the promoter is Stakeshop Pty Ltd (ACN 610105505) (Stake) C/O BDO, Level 11, 1 Margaret Street, Sydney, NSW, 2000. In the United Kingdom, the promoter is Hellostake Ltd (Company No. 11676409) of 85 Great Portland Street, London, W1W 7LT, United Kingdom.

Promotional Period

This is an ongoing promotion that Stake makes available to subscribers who receive Stake's weekly newsletter 'The Wrap'. The promotional period starts each week on Thursday when Stake sends 'The Wrap' via email and ends at 11:59pm AEST the following Wednesday.

Eligibility

To be eligible to enter the Competition, you must receive Stake's 'The Wrap' email newsletter for the applicable week and be over 18 years of age. Only one (1) entry per person is allowed. If you win the Competition, you must have a Stake Wall St account to redeem the prize.

How to Enter

Participants can enter the Competition by sending a reply email to 'The Wrap' (support@hellostake.com) stating the answer to that week's 'Trade Teaser' question.

Winner Selection & Notification

The first three (3) individuals that reply to 'The Wrap' with the correct answer to the 'Trade Teaser' question will be selected as the winners of the Competition for that week. The Stake Customer Success Team will identify the winners and contact them directly by email to notify them that they have won and explain how to claim the prize. Selection of the winners by Stake is final and not subject to review.

The Prize

The prize is a 50% rebate of the applicable FX fees for the winners' next deposit funding on the Stake platform (Prize). There are three (3) Prizes that can be won each week. The Prize must be used within one (1) calendar month of Stake notifying the winner that they have won the Prize. If you win multiple Prizes, only one Prize can be used per deposit funding i.e. you cannot apply two Prizes to a single funding to receive a 100% rebate of the applicable FX fees.

To claim the rebate, winners must provide proof of their deposit (e.g. bank transfer receipt) for Stake to be able to rebate the FX fees to the winners' Stake account. The Prize is not transferrable and is not redeemable for cash.

See Stake's pricing page for more information about fees when using Stake.

Limitation of Liability

Stake will not be liable for any loss (including, without limitation, indirect, special or consequential loss or loss of profits), expense or damage, whether or not arising from any person's negligence or wilful misconduct, in connection with this Competition or accepting or using any prize, except for any liability which cannot be lawfully excluded (in which case that liability is limited to the extent legally permissible).

No Advice and Implications of Owning Stock

This promotion does not constitute financial advice nor a recommendation to invest in certain financial products. Owning a share in a company comes with fluctuations in price and shares can be volatile assets. We recommend that you do your own research and consider your own financial needs, objectives and circumstances before making any investment decisions.

General

Stake may suspend or terminate the Competition or a user’s ability to participate in the Competition at any time for any reason. The scope, variety and type of prizes that you may win may also be changed. We reserve the right to review and investigate activities related to the Competition and to suspend accounts or modify prizes at our sole discretion as deemed fair and appropriate.

If any provision in these terms are 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.

These Competition terms and conditions are governed by and construed in accordance with the laws of New South Wales, Australia.

We can update these terms and conditions at any time without prior notice. If we modify these terms, we will post the modification on the Stake website and app, which are effective on posting. Continued participation in the applicable Competition after any modification shall constitute consent to such modification.


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Stakeshop Pty Ltd is registered as an overseas company in New Zealand (NZBN: 9429047452152), and is registered as a Financial Service Provider under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 (No. FSP774414). We hold a full licence issued by the Financial Markets Authority to provide a financial advice service under the Financial Markets Conduct Act 2013. However, the content on this website has not been prepared to take into account any of your individual objectives, financial situation or needs. To the extent you require further information about the relevant New Zealand legislation that may apply, or require specific advice, please contact your legal and/or financial adviser (as appropriate). 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, 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 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 Terms & Conditions, Privacy Policy, Financial Advice Disclosure and Disclaimers before deciding to use or invest on Stake. By using the Stake 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 is a registered trademark under class 36 (New Zealand).

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