Validity Period:
12 December 2024 to 24 December 2024
Introduction
1. Freetrade Limited’s (“Freetrade”, “we”, “us” or “our”) Twelve Days of Christmas Campaign (“12 Days Campaign”) is offered subject to these 12 Days Campaign Terms & Conditions (“12 Days Terms & Conditions”). Freetrade is incorporated and registered under the laws of England and Wales with registered company number 09797821) having its registered office at 145 City Road, London, EC1V 1AZ, United Kingdom. We are the promoter of the 12 Days Campaign.
2. By taking any actions in connection with the 12 Days Campaign, you agree to be bound by these 12 Days Terms & Conditions. These 12 Days Terms & Conditions are governed by English law.
3. In respect of each day during the Validity Period (a “Relevant Day”), free share(s) will be awarded to 3 Participants (“Winners”) who correctly guess (or who most closely guess) the Closing Price of a specified stock (the “Specified Stock”). The “Closing Price” is the price of the Specified Stock at close of trading on the trading day following the Relevant Day. The Award in respect of the Relevant Day will be free share(s) in the Specified Stock for that day (the “Award”). A “Participant” is someone who has met the eligibility criteria and enters the 12 Days Campaign as described below.
4. Participants can only enter the 12 Days Campaign during the Validity Period. We can extend or shorten the Validity Period at our discretion. We may withdraw or amend these 12 Days Terms & Conditions to the extent that the withdrawal or amendment is not to your detriment, by updating them on our website.
5. A Participant will not be required to pay any charges in connection with the 12 Days Campaign. There may however be separate charges associated with your Freetrade account.
6. Any Freetrade account opened will be subject to Freetrade’s Terms and Conditions which can be found here.
How a Participant qualifies for Entry into the 12 Days Campaign
7. In order to enter the 12 Days Campaign, the Participant must, during the Validity Period:
(a) on the Relevant Day by 23:59, enter a guess of what the Closing Price of the Specified Stock will be. This guess must be made in response to the relevant in-app prompt which will be sent by Freetrade; and
(b) at the time they make their guess on the Relevant Day and until the Award is made,
(i) be an existing customer of Freetrade;
(ii) have passed all of our onboarding checks;
(iii) be aged 18 years or over;
(iv) be UK tax resident; and
(v) have completed a W-8BEN form.
8. The below table lists the Specified Stock for each Relevant Day.
Winners
9. The three Winners in respect of each Relevant Day will be as follows:
(a) The 3 Participants who most closely guess the Closing Price of the Specified Stock; or
(b) If more than 3 Participants guess the same price, a random number generator will be used to select from those Participants, to bring the number of Winners to 3.
10. On a Relevant Day, each Participant can enter once only; we will take each Participant’s first guess only when determining the Winners.
Awarding the Free Share to Winners
11. Winners will be chosen within 2 working days of the 12 Days Campaign closing.
12. Winners will be contacted by email, in-app and push notifications within 2 working days of the round closing. You will need to ensure that you are able to receive push notifications, in-app messages and emails from Freetrade in order to be notified by Freetrade that you are a Winner, otherwise we will be unable to tell you if you have won an Award.
13. We will use our best endeavours to make the Award to each Winner within ten (10) working days from when the Participant is identified as a Winner. The Award will be made into your Freetrade GIA. If the Award has not been awarded to a Winner within this timeframe, the Winner should email freeshare@freetrade.io.
14. In accordance with the ASA rules, we will update the FAQs/T&Cs page with the winner’s details (first name, last initial, county).
15. Employees and contractors of Freetrade or its affiliates may participate in the 12 Days Campaign and will be eligible for an Award in connection with the 12 Days Campaign.
16. We may refuse to make an Award to you (even if you are a Winner) if we reasonably consider that you have engaged in activity we deem to be abusive, fraudulent, or in violation of these 12 Days Terms & Conditions. We further reserve the right to prevent any person from participating in any future competitions run by Freetrade or its affiliates where such person has engaged in such activity under these 12 Days Terms & Conditions.
Tax implications
17. Freetrade does not give tax advice or take into account your individual tax position. You are responsible for understanding your own tax position in relation to your Freetrade account(s) and any Award.
No advice
18. Neither an Award nor any of our communications in connection with the 12 Days Campaign constitute a recommendation by us to buy, sell, exercise any rights in or hold any financial instrument. Under no circumstances does Freetrade provide investment advice and individual investors should make their own decisions on what investments are right for them or seek independent advice.
Your personal data
19. We will use your personal data for the purposes of ensuring your Entry and complying with our legal obligations. Your personal data will be used and held solely in accordance with our Privacy Policy.
20. Unless we are allowed to use your personal data under applicable data privacy laws, you have the right to object to our use of your personal data. You can do this by contacting compliance@freetrade.io. You acknowledge that our ability to perform our obligations under these 12 Days Terms & Conditions may be affected if you exercise your right to object under this section.
21. Freetrade may however have a legal obligation to share the personal data of winners and certain information about the 12 Days Campaign with the Advertising Standards Authority on its request pursuant to Rule 8.28.5 of the ASA CAP Code.
Making certain information available
22. Freetrade is required to publish or make information available on request that the Award took place in accordance with Rule 8.28.5 of the ASA CAP Code once the 12 Days Campaign has finished. To comply with this legal obligation, we will send the surname and county of the Winner to anyone who emails compliance@freetrade.io within 1 month after the end of the Validity Period.
Complaints
23. If you have a complaint in respect of the 12 Days Campaign, you should contact our Customer Service team at freeshare@freetrade.io where your complaint will be handled in accordance with our complaints order handling procedure.
