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- This ´Refer-A-Friend´ referral program ("Promotion") is open only to existing Phillip CFD clients who refer new clients who successfully open a CFD account ("Referred friend").
- Promotion is valid for referral received from 1st July 2010 to 30th September 2010.
- The Referred Friend will not be entitled to any other Phillip CFD promotions that are running concurrently with the Promotion.
- Limited to refer 5 clients per existing client.
- The Referred Friend will not be eligible for the Promotion if he/she has an existing ^activated CFD account. However, this promotion is still valid for clients who have not activated the account before. *The referral is deemed to be successful when the new Phillip CFD account is opened and the Referred Friend performs at least three CFD trades within three months from the date of account opening ("Successful Referral").
- A trade refers to a buy/sell trade. The three trades to be performed within three months from the date of account opening do not include amalgamated or rollover trades. All terms and conditions pertaining to Account Application shall apply.
- The date of referral must not be later than the date of account opening.
- If different clients refer the same Referred Friend, only the first referrer is eligible for the Promotion. In the event of any dispute, Phillip Securities Pte Ltd (PSPL) shall have the sole and final discretion in deciding who the first referrer is.
- CFD Trading credit will be credited to referrer’s account the following month after a Successful Referral. CFD Trading credit is strictly for trading usage.
- PSPL reserves the right to deduct the trading credit if referrer withdraws the trading credit or terminates his/her account with PSPL within 3 months of crediting. In the event there is a deficit due to deduction of trading credit, there will be a penalty debit interest charged. Refer to CFD Infosheet for debit charge.
- CFD Trading credit will be done upon trade and credited to Referred Friend’s account by 15th of the following month.
- All employees and agents of PSPL and its associated entities and subsidiaries (direct or indirect) are not eligible to participate in this Promotion.
- PSPL reserves the right to substitute the Promotion entitlement with another of equivalent value and amend any terms and conditions without prior notification. Where a dispute involving the interpretation of terms and conditions arises, PSPL reserves the right to have the final say.
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