Gotrade Global Referral Program

3. This Promotion applies to individuals only. Individuals not eligible to participate as an Existing Client in this Promotion include:

a. Prior Gotrade clients (which includes closed accounts or accounts that have been suspended, cancelled, restricted or terminated);

b. Gotrade employees and their immediate family members;

c. Clients who have not fulfilled minimum funding requirements or have a zero balance in their trading account at the time of making the referral;

d. The spouse of the Existing Client.

4. The following requirements must be satisfied for the Existing Client and Referred Client to be eligible for this Promotion:

a. The referred client must successfully open a Gotrade trading account in their own name and must not already be a Gotrade client. Gotrade reserves the right to approve or reject any application at its sole discretion, without obligation to provide reasons or notice.

b. The referred client must meet all applicable Gotrade onboarding requirements, including Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, and must complete their first deposit.

c. Under this Promotion, an existing client is eligible for rewards only for the first 25 referred clients.

5. The referral rewards scheme operates on a three-tier structure, assessed by a snapshot of the Referred Client's portfolio value and cumulative trade volume taken seven (7) days from account opening.

a. Minimum qualification threshold.

If the Referred Client's Day-7 portfolio value is below US$500 or cumulative trade volume is below US$200, no reward is issued to either party.

b. Tier structure.

Where the minimum qualification threshold is met, rewards are assigned based on the lower of the two qualifying thresholds as follows:

c. Tier determination.

Where the Referred Client's portfolio and trade volume fall within different tier bands, the lower qualifying tier shall apply. For example, a Day-7 portfolio of US$5,000 with a trade volume of US$300 qualifies at Starter tier, with trade volume being the binding constraint.

d. Reward form.

Rewards to the Existing Client are issued as free fractional stock, chosen randomly from a list of eligible stocks up to the applicable tier value. Rewards to the Referred Client are issued as a trading voucher credited to the Referred Client's wallet. Stock rewards must be claimed by the Existing Client within sixty (60) days through the Gotrade platform, or the reward will be forfeited.

e. Issuance timing.

If the Referred Client qualifies, rewards to both parties shall be issued within one (1) hour of the Day-7 snapshot, subject to KYC/AML clearance on both sides.

f. Per-referrer caps.

The maximum number of qualifying referrals rewarded per Existing Client within any rolling six (6)-month window is as follows:

Caps apply to qualifying referrals only and there is no limit on referral attempts. Cap progress is visible to the Existing Client within the Gotrade app.

g. Failure cases.

No reward shall be issued in any of the following scenarios:

h. Stock reward suitability.

In making a stock reward, Gotrade is not obliged to determine suitability of the stock awarded under this Promotion. Stocks rewarded may be liquidated as soon as they are received. Neither receipt of stock through this Promotion, nor identification of a particular stock in communications related to this Promotion, constitutes a solicitation of the stock or a recommendation to buy, sell, or hold the security, or investment advice. If you do not feel that the Promotion is suitable for you, you may choose not to participate in this Promotion.

6. Upon satisfying the requirements for the Promotion in these Terms:

a. Following Gotrade's approval of the Referred Client's account, Gotrade will credit the Existing Client's trading accounts no later than 3 business days after the submission by the Existing Client;

b. Both the Existing Client and the Referred Client will also be subject to all the Gotrade account terms and conditions, found here: https://www.heygotrade.com/legal/terms-and-conditions.pdf, in particular, the terms relating to rewards found at clause 22.

7. Gotrade reserves the right, and has sole discretion, to prohibit any Existing Client / Referred Client from participating in any aspect of the Promotion if Gotrade deems or suspects that any Existing Client / Referred Client has engaged in or has attempted to engage in any of the following:

a. acting in violation of these Terms;

b. damaging, tampering with or corrupting the operation of the Promotion;

c. an activity deemed in the sole discretion of Gotrade to be generally inconsistent with the intended operation of the Promotion.

8. If any Existing Client / Referred Client is discovered to be ineligible for the Promotion for any reason, Gotrade is entitled to, at any time:

a. forfeit, withdraw or withhold the payment amount(s); or

b. where the Promotion has been awarded and/or utilised, Gotrade may reclaim and/or deduct the payment amount(s) from the Existing Client's and/or Referred Client's account.

In such an event, no person shall be entitled to any payment or compensation from Gotrade.