Black Friday Raffle 2022

FAQs

How does the Black Friday Raffle work?

Open an account and/or refer a friend between 25 November and 1 December 2022 to get entered into a prize draw to win one of 10 Amazon shares.

Winners will be drawn on 8 December 2022. 💰‍
‍‍

What are the prizes?

10 x Amazon shares
‍

How can I be entered into the Black Friday Raffle?

There are two ways you can enter the Black Friday Raffle.

1. Become a Freetrade customer between 25 November and 1 December 2022

New Freetrade customers who sign up between 25 November and 1 December 2022 (inclusive) will automatically be entered into the Black Friday Raffle if they have:

• Completed and passed our customer onboarding checks, 
• Filled a W-8BEN form and funded their account with at least £50 (net) by 7 December 2022 at 23:59.

2. Be an existing Freetrade customer and refer a friend

For every friend you successfully refer to Freetrade between 25 November and 1 December 2022 (inclusive), you’ll automatically be entered into the Black Friday Raffle. A successful referral is when the person you refer has:

• Signed up to Freetrade using your unique referral link, 
• Completed and passed our customer onboarding checks, 
• Filled a W-8BEN form and funded their account with at least £50 (net) by 7 December 2022 at 23:59.

Important: The onboarding process is typically completed within a few minutes but it may in some instances take up to one week.  Any manual onboarding and/or funding issues that delay qualification beyond 7 December 2022 at 23:59 will cause you to miss out on being entered into the Black Friday Raffle so make sure you and/or your friends qualify as soon as possible and complete the onboarding process well ahead of time!
‍

Can I get multiple entries?

You will automatically get one entry if you qualify as a newly funded customer (as defined above).

Plus, you can get an entry for every friend you refer up to a maximum of 10 entries. Make sure you use the Referral Link in your app to qualify. 🎟
‍

If I refer a friend, will I still get a £10 free share?

Yes, for successful referrals you’ll still get your usual £10 referral free share under our regular Free Share Referral Programme which is governed by our Referral Programme Terms and Conditions. 🎟

To refer a friend:

1. Tap the ‘Free Shares’ button on your portfolio screen and refer a friend between 25 November and 1 December 2022 at 23:59. 
2. Your friend needs to pass through onboarding checks, fund their account and complete their W-8BEN form by 7 December 2022 at 23:59.
3. You’ll both get a free share worth at least £10 PLUS an entry into the draw.‍
   ‍

How will I find out if I won?

The winners will be contacted on Thursday 8 December 2022, via push notification, in-app message and email (so long as they have not unsubscribed). Winners will have 48 hours to respond and claim their prize. If the winning individual doesn’t respond by the deadline defined in these communications, we’ll do a redraw for the unclaimed Amazon shares.
‍

When will the Amazon shares be awarded?

We will aim to award the Amazon shares within 7 to 10 days of the winners claiming their prize.
‍

I don’t want an Amazon share. Can I swap it?

We can’t offer swaps unfortunately, but you’re free to sell any shares you may have won.

Have questions? Email us at freeshare@freetrade.io.

Please note that neither receiving an Amazon share through the Black Friday Raffle nor any mentions of particular securities in our communications as part of it represents any recommendation by Freetrade to buy, sell, or hold any particular security.
‍

Taxes

The entire value of the share when sold may be subject to capital gains tax. You can check the value of each share when issued and/or sold on your portfolio screen.

Tax depends on your personal circumstances and if you are unsure about any tax implications, seek advice from a tax professional.

‍

Terms and Conditions

Validity of offer: 25 November 2022 to 1 December 2022 at 23:59 (“Validity Period”)

1. Freetrade’s (“Freetrade”, “we”, “us” or “our”) Black Friday Raffle is valid for the Validity Period, which we may choose to extend at our full discretion. By participating in the Black Friday Raffle, you (the “Participant”) agree to be bound by these terms and conditions (“Black Friday Raffle Terms and Conditions”). These terms are governed by English law.
2. A Participant will qualify for entry into the Black Friday Raffle (an “Entry”) if the Participant has met the eligibility criteria set forth in these Black Friday Raffle Terms and Conditions.
3. We reserve the right, at our sole discretion, to update these Black Friday Raffle Terms and Conditions at any time. If we make an update, we will post the updated version of the Black Friday Raffle Terms and Conditions on our website and provide you notice of the update. Continued participation in the Black Friday Raffle after any update shall mean that the Participant has agreed to the update(s) made by Freetrade.‍
4. These Black Friday Raffle Terms and Conditions are in addition to Freetrade’s Terms and Conditions and our Referral Terms & Conditions (each of which may be updated from time to time insofar as this is not to your detriment). In the event of any conflict between the foregoing terms and conditions, the order of precedence shall be as follows: these Black Friday Raffle Terms and Conditions, Freetrade’s Referral Terms & Conditions and Freetrade’s Terms and Conditions. 
5. Freetrade may end the Black Friday Raffle and these Black Friday Raffle Terms and Conditions at any time or may decide to not renew the Black Friday Raffle Terms and Conditions at the end of the Validity Period by giving you written notice.‍
6. Subject always to conditions 7 to 9 (inclusive) and 17, to be eligible for Entry, the Participant must be a UK tax resident and either: 
   
   A. Sign up as a new customer of Freetrade between 25 November 2022 to 1 December 2022 at 23:59 and performing the following actions: 
   (i) Complete and pass all of our onboarding checks;
   (ii) Complete a W-8BEN form; and 
   (iii)Fund his or her Freetrade account with a net amount of not less than £50 (GBP) (“Minimum Funding Amount”) for the first time before 7 December 2022 at 23:59.
   
   B. Referring a friend or family member using their unique referral link between 25 November 2022 to 1 December 2022 at 23:59, and such individual becomes a New Customer (as defined above) of ours by:
   (i) Successfully signing up to a Freetrade account using the Referral Link during the Validity Period (such event referred to as a “Referral”); and
   (ii) Performing the actions outlined in condition 6(a)(i) to (iii) (inclusive) immediately above  before 7 December 2022 at 23:59.
   
   For the avoidance of doubt, Referrals made by the Referrer pursuant to this condition 6(b) shall be subject to conditions 10 to 13 (inclusive) below. 

7. Failure by the Participant to perform the actions in condition 6 shall result in the Participant being ineligible for Entry.
8. Freetrade reserves the right to refuse, for any reason whatsoever and its sole discretion, to either: (a) onboard a Newly Funded Customer; or (b) provide Entry to the Participant (including, without limitation, for reasons relating to the failure of satisfying the eligibility criteria set out herein or breaching the provisions set forth in these Black Friday Raffle Terms and Conditions or the Referral Free Share Terms and Conditions).
9. The Participant acknowledges that US nationals or dual US nationals residing in the UK are expressly excluded.
10. A Referral to an existing or previous Freetrade customer will be ineligible to qualify for an Entry. The Referrer must be an existing customer of Freetrade at the time of making a Referral pursuant to condition 6(b).
11. The Referrer acknowledges and agrees that Referrals and sharing of Referral Links must not be made through public communications. For example, Referral Links must not be shared on public social media platforms or forums such as posting on Instagram, TikTok, Reddit and YouTube (with the exception of the direct messaging services) which may also be a criminal offence under applicable regulation and law.
12. The Referrer further agrees that he or she is only permitted to make Referrals to family members and friends. We have complete discretion to assess that a Referral or sharing of a Referral Link is in breach of this condition 12. In the event that we deem a Referral to be in breach of this condition 12, neither the Referrer nor the Newly Funded Customer will be eligible for an Entry. In addition, if we deem a Referral or the sharing of a Referral Link to be in breach of this condition 12, we may also perform any or all of the actions outlined in condition 25 or 26.
13. The Referrer must comply with: (i) the Referral Terms & Conditions; and (ii) the terms and policies of any website or application where a Referral Link is shared. Referral Links may only be used in connection with the Sender’s participation in the Free Share Referral Programme and for no other purpose whatsoever.
14. Under the Black Friday Raffle, up to 10 successful individual Participants may each win an Amazon share (ISIN US0231351067 traded on the Nasdaq).
15. The Participant acknowledges that it will not be eligible for the Amazon free share if: (a) it is a New Customer and has won an Amazon free share, he or she has closed or withdrawn from its account before the Amazon free share is awarded; or (b) it is a Referrer and the person it has referred has closed its account before the Amazon free share is awarded.  
16. Employees and contractors of Freetrade are not eligible to participate in the Black Friday Raffle.
17. The Participant acknowledges that the value of the Amazon free share may fluctuate, meaning its price may go up or down.
18. Subject to the Participant’s full satisfaction of the conditions set forth in these Black Friday Raffle Terms and Conditions and the Participant winning an Amazon free share under the Black Friday Raffle, the Participant will receive a push notification, in-app message and email (provided the Participant has not unsubscribed from such communications) and must respond to and claim their Amazon free share before the deadline set out in the communication.
19. The Amazon free share will be deposited into the Participant’s Freetrade General Investment Account (“GIA”).
20. We will aim to award the Amazon free share to the Participant within ten (10) calendar days from the date the Participant accepts their prize. The Participant acknowledges that Freetrade makes no guarantees whatsoever that the Amazon free share will be awarded within this timeframe and that if the Amazon free share has not been awarded within the specified timeframe, the Participant must email freeshare@freetrade.io.  For the avoidance of doubt, under no circumstances shall the Participant be entitled to any form of compensation for our failure to award the Amazon free share within the specified timeframe..
21. The Participant acknowledges that it may be subject to tax implications upon receiving the Amazon free share. Under no circumstances shall Freetrade be held liable or responsible for any such tax implications.
22. For the avoidance of doubt, the Amazon free share will be awarded to successful Participants who are both eligible and have won such Amazon free share under the Black Friday Raffle. The Participant must be a UK tax resident to be eligible for the Black Friday Raffle. 
23. Neither receiving an Amazon free share under the Black Friday Raffle nor any of our communications in connection with the Black Friday Raffle Terms and Conditions 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.
24. We reserve the right to modify, pause, suspend or end: (i) the Black Friday Raffle, in whole or in part; and (ii) the Participant’s ability to either participate in the Black Friday Raffle, at any time without cause, including for any suspected activity we deem to be abusive, fraudulent, or in violation of these Black Friday Raffle Terms and Conditions.
25. If we determine a material breach of these Black Friday Raffle Terms and Conditions, the Participant will not be eligible for an award of an Amazon free share (if such Participant is successful in the Black Friday Raffle). If we determine a breach of these Black Friday Raffle Terms and Conditions, we may clawback, sell or cancel or take any other action as permitted under applicable law in respect of any free share awarded to the Participant as part of the Black Friday Raffle or proceeds from such award received by the Participant in his or her account that relates to such breach. We may exercise these rights in respect of any or all of the free shares won by the Participant or proceeds derived from the sale of the foregoing in the event that the breach arises from the actions of the Participant.