Rebate Program Terms and Conditions

Monex Securities Australia Rebate Program Terms and Conditions

The following Terms and Conditions (the “Terms”) outlined in this Promotional Campaign (the “Campaign”) by Monex Securities Australia Pty Ltd, ABN 84142210179 and AFSL No. 363972 (‘Monex AU’, ‘the Company’, ‘our’, ‘we’) to the Company’s clients (‘Participant’, ‘Participants’, ‘Client’, ‘Clients’, ‘you’). The Campaign and its Terms are made available in connection with and in addition to the Monex AU Securities Trading Terms and Conditions (the “MSTC”) between Monex AU and its Clients. By participating in the Campaign, Client agrees and accepts the Terms in full.

Definitions:

“Start Date” means 20 July 2022

“End Date” means  31 August 2022

“Promotion” means the rebate program outlined within this document.

“Participant” means the person who is participating in this promotion and is applying for a new Monex Securities Australia Pty Ltd trading account.

“Client” means the Participant who is approved to trade using an approved Monex Securities Australia Pty Ltd trading account.

“Campaign” means this active instance of this Monex Securities Australia Pty Ltd rebate program .

“Promotional Period” means the period from the Start Date up to and including the End Date of the promotion. 

“Terms” means this document titled the Monex Securities Australia Rebate Program Terms and Conditions.

“Days” means calendar days and includes weekends and public holidays.

“Account Approval Date” means the date that the Participant’s trading account was approved for active trading and use.

1. Campaign Period And Duration

The Campaign will run for a limited period, allowing eligible new Participants to be included in the Promotion between the Start Date and End Date as provided in the Definitions section of this document (hereafter referred to as the “Promotional Period”). Monex AU reserves the right to extend this Promotional Period beyond the initial End Date. Any such extension will be subject to the Terms. Monex AU reserves the right to temporarily suspend or conclude the Campaign at any time.

The number of Participants that will be accepted for this Promotion shall be capped at 50 per calendar month. Monex AU retains the right to increase the number of Participants accepted in any given month at its sole discretion.

2. Binding Agreement

By participating in this Promotion, all Participants acknowledge they have read and agreed to be bound by the Promotion Terms (which may be amended or varied at any time by Monex AU, with or without notice). In the event of any conflict or inconsistency between the MSTC and the Promotion Terms, the MSTC shall prevail. The MSTC can be viewed at this link: https://portal.monexsecurities.com.au/output.php?doc=Terms-and-Conditions

3. Eligibility Criteria

There are a number of distinct requirements that must be met for a Participant to be eligible for the Promotion rebate, they are:

  1. The Participant must not have been a current or previous holder of an account with Monex AU at any time prior to the Start Date.
  2. The Participant must have registered for a new account during the Promotional Period;
  3. The Participant must enter the promo code: WEBREBATE during the application process;
  4. The Participant must meet usual KYC/AML/CTF requirements including identity verification and have their account approved during the Promotional Period;
  5. The Participant must have executed their first trade in a non-Australian market within 30 calendar days starting from the application approval date.
4. Promotional Reward

Monex AU agrees to pay new clients a Rebate in the form of a credit to their Monex AU trading account, provided the Eligibility Criteria are met. 

As outlined in Table 1 below, new clients are eligible for a AUD $100 Rebate if they complete Action #1, Action #2 and Action #3. New clients, who complete Action #1, Action #2 and Action #3 are entitled to an additional AUD $100 Rebate if they also meet the requirement set in Action #4.

Table 1

Action # Title 1
1 New clients to Monex. Open an Account with Monex AU in the Promotional Period by using the promo code: WEBREBATE.
2 Place one trade in a non-Australian market through the Monex AU trading platform within 30 calendar days starting from the application approval date.
3 Deposit minimum AUD $1,000 into their Monex AU account within 30 calendar days starting from the application approval date.
4 Deposit minimum AUD $2,000 into their Monex AU account within 30 calendar days starting from the application approval date.

If clients sign up as the result of a referral, a referral fee might be paid to the referrer. This is not an additional cost to clients and is paid by us to the referrer.

5. Rebate Allocation Time Frame

If a new client meets the Eligibility Criteria within the promotional period, the Rebate will be allocated to the client’s trading account within 14 calendar days.

6. Disclaimer

Any infringement of these Terms may result in awards being cancelled, revoked, or reclaimed at Monex AU’s sole discretion.

Monex AU retains the right, in its sole discretion, to prevent any client from participating in any portion of the Campaign if Monex AU thinks or determines that the client has engaged in or tried to engage in any of the following: a) acting in violation of these Campaign Terms; b) harming, interfering with, or corrupting the operation of the Campaign; c) action considered inconsistent with the intended operation of the Campaign at the sole discretion of Monex AU.

If any client is found to be ineligible for the Campaign, Monex AU reserves the right to i) forfeit, withdraw, or withhold the Campaign benefits at any time; or (ii) reclaim the Campaign and/or deduct the used portion of the Campaign from the Client’s account. In such a case, Monex AU shall not be liable for any payments or compensation to the Client.

In circumstances of suspected manipulation, misuse, fraud, or violation of these Campaign Terms or their intent, Monex AU shall be the sole decider. The decision of Monex AU is final, and no further dialogue or conversation will be entered into.

Monex AU may, in its sole discretion, vary, amend, delete, and/or add to any of the Terms, including, but not limited to, terminating this Campaign at any time without notice or responsibility to any client(s), and all clients shall be bound by such variations, modifications, deletions, and/or additions. Monex AU is not required to provide a justification or engage in conversation with any individual over this Campaign.

This Campaign does not constitute an offer, solicitation, or recommendation to buy or sell any securities. It is not a recommendation to make a financial choice, nor is it investment advice. Monex AU is not liable for any damage incurred or experienced by any individual in connection with the Campaign, regardless of the cause, including, but not limited to, any error in calculating trades and trade commissions, and any subsequent changes in commission pricing. Trading in financial products entails numerous risks and is not appropriate for all investors. It is possible to lose the entire amount invested.

The Terms are governed by the laws of New South Wales, and any dispute arising out of or relating to the Terms shall be subject to the exclusive jurisdiction of the courts of New South Wales, unless such issue comes within the scope of relevant arbitration rules.

The Terms should be read in connection with the Monex AU Securities Trading Terms and Conditions, Financial Services Guide, Fees and Charges Schedules, Privacy Policy, and Website Disclaimer, all of which may be found at https://www.monexsecurities.com.au/legal-documents/