Longbridge Welcome Rewards for Clients from KOLs - September 2024

Event Period

From September 01, 2024, 00:00:00 to September 30, 2024, 23:59:59 (GMT+8).

Event Activities & Rewards

1. Account Opening Rewards

i) Eligibility

This activity is exclusive to users residing in Singapore who have not opened an LBSG account before 00:00 on September 1, 2024 (Singapore time).

ii) Rewards & Criteria

CriteriaReward
Open an LBSG accountLifetime commission-free for US stocks
Lifetime commission-free for HK stocks
Free real-time LV 1 quotes for HK market
Free real-time LV 1 quotes for SG market
A chance to grab a Nintendo Switch or AirPods in our Flash Deal

iii) Rewards Delivery & Usage

  • The commission-free privilege applies to US & HK stocks and ETFs, and will become effective within 3 calendar days. Please refer to the Longbridge App > Me > My Rate for further details.
  • Access to free real-time HK & SG market data will be effective within 3 calendar days.
  • The chance of Flash Deal can be used to grab a set of AirPods or a Nintendo Switch on a first-come, first-served basis. You can review the detailed activity rules by clicking HERE

2. Deposit Rewards of up to SGD 760

i) Eligibility

This activity is exclusive to users residing in Singapore who have not deposited any assets (including cash and share transfers) before 00:00 on September 1, 2024 (Singapore time).

ii) Rewards & Criteria

Users may participate in one deposit tier of their choosing, and must meet the criteria outlined below during the event period. Please note that rewards for each tier cannot be stacked.

Deposit TierCriteriaRewardTotal Reward Value

Tier 1

Reach a cumulative deposit of SGD 2,000SGD10 Stock Cash Coupon (x8)

SGD 160

Maintain a net deposit of SGD 2,000 for 30 days & complete 3 buy tradesSGD 80 Cash Coupon

OR

Tier 2

Reach a cumulative deposit of SGD 10,000SGD10 Stock Cash Coupon (x16)

SGD 400

Maintain a net deposit of SGD 10,000 for 90 days & complete 5 buy tradesSGD 80 Cash Coupon
SGD 160 Cash Coupon

OR

Tier 3

Reach a cumulative deposit of SGD 100,000SGD10 Stock Cash Coupon (x24)

SGD 760

Maintain a net deposit of SGD100,000 for 90 days & complete 8 buy tradesSGD 80 Cash Coupon
SGD 160 Cash Coupon
SGD 280 Cash Coupon
  • If you register and open an account via specific links provided by Longbridge KOLs, you will receive an extra reward of SGD 18 Cash Coupon after reaching a cumulative deposit of SGD 2,000.
  • Buy Trade requirements apply strictly to stocks and ETFs only, and must be met within the 30-day/90-day period.

iii) Calculation Rules

  • Net Deposit = Cash Deposited - Cash Withdrawn - Value of Shares Withdrawn.
  • Calculation Period: From the day after meeting the deposit criteria to the 30th/90th day thereafter.
    • For example, if Client A meets the deposit criteria of SGD 2,000 on September 1, he will be rewarded with the Stock Cash Coupon(s). If Client A continues to maintain a net deposit of SGD 2,000 and complete 3 buy trades within the 30-day period from September 2 to October 1, he will be rewarded with the Cash Coupon.

iv) Rewards Delivery & Usage

Stock Cash Coupon(s)
  • Stock Cash Coupons can be used for trading in 3 markets: US, HK and SG, with cash credited to your account once the order has been executed.
  • Coupons will be credited to the Longbridge App > Me > My Coupons within 5 working days after meeting the deposit criteria.
  • You need to maintain the required asset value before the rewards has been issued to your account. Failure to meet this requirement will result in the forfeiture of the reward.
  • Failure to activate the coupon(s) within the validity period will result in its expiration and forfeiture of the reward.
Cash Coupon(s)
  • Cash Coupon(s) will be sent to your account in the Longbridge App > Me > My Coupons within 5 working days after meeting the criteria.
  • You must activate the coupon within its specified validity period. Once activated, the cash will be deposited into your account.
  • You need to maintain the required asset value before the rewards has been issued to your account. Failure to meet this requirement will result in the forfeiture of the reward.
  • Failure to activate the coupon(s) within the validity period will result in its expiration and forfeiture of the reward.

3. Transfer-in Stocks to Claim an iPhone 16

i) Eligibility

This activity is exclusive to users residing in Singapore who have not completed any transfer-in/out of stocks before 00:00 on September 1, 2024 (Singapore time).

ii) Rewards & Criteria

CriteriaRewardReward Value
The cumulative value of transferred stocks reaches SGD 200,000 or its equivalent within the month of September 2024An iPhone 16 (Basic Model, launching September 2024)
 
Subject to the final retail price
Maintain a net transfer-in of SGD 200,000 for 90 days
Complete 90 buy trades before the 90-day period ends
  • Only long positions in HK/US/SG stocks are eligible.
  • Transfers made between Longbridge accounts (e.g. Longbridge HK to Longbridge SG) will not be eligible.
  • Buy Trade requirements apply strictly to stocks and ETFs only, and must be met before the 90-day period ends.
  • An email notice will be sent to you within 7 business days after meeting the cumulative transfer-in criteria.

iii) Calculation Rules

  • Value of Stock = The market value of the transferred stocks at the time they are credited into your LBSG account
  • Net Transfer-in = Value of Stocks transferred in - Value of Stocks transferred out - Cash Withdrawn
  • Calculation Period: From the day after meeting the transfer-in criteria (a cumulative amount of SGD 200,000 or its equivalent) to the 90th day thereafter.
    • For example, if Client A is among the first 100 users to meet the stock transfer-in criteria of SGD 200,000 on September 1 and maintains a net transfer-in of SGD 200,000 while completing 90 buy trades within the 90-day period from September 2 to November 30, they will be rewarded with an iPhone 16.

iv) Winner & Rewards Delivery

  • The first 100 users who have met all criteria outlined will receive a reward coupon for the redemption of the iPhone 16.
  • The coupon will be sent to your account in the Longbridge App > Me > My Rewards within 7 working days after meeting all criteria.
  • Users are required to submit their address during the reward coupon validity period. The reward will be sent out within 30 working days of receiving the winner's details.
  • Currently, prizes can only be shipped to addresses within Singapore. We apologize for any inconvenience this may cause and appreciate your understanding.

 

Frequently Asked Questions

Q: I have deposited funds for the Welcome Rewards. How long do I need to maintain my deposits, and when can I expect to receive the rewards? 

A: Your rewards will be released in two stages. 

1) Once you have deposited the minimum amount required, we will credit the first reward to your account. 

2) Continue to maintain the net deposit^ criteria within the stated period and complete the Buy Trades requirement. Once this has been fulfilled, we will credit the remaining rewards to your account within 5 working days. Please note that withdrawal of assets before fulfillment of the time period will result in a forfeiture of your rewards. 

^Net deposit = Cash deposited - Cash Withdrawn - Value of Shares Withdrawn

Q: If the value of my assets decreases during the 30/90 days hold period, will I still be eligible for the reward? 

A: Yes, you are still eligible, as long as you do not withdraw any funds from your account during the hold period.

Q: Are there any restrictions on the Buy Trade requirements? 

A: You must make your trades in stocks and ETFs within the 30/90-day hold period to be eligible for the rewards.

Q: What can the Stock Cash Coupons be used for? 

A: They can be used strictly only for trading stocks and ETFs. You can read more about the usage rules here.

 

Event Terms and Conditions

All rewards can only be acquired upon the complete fulfilment of corresponding requirements. For clarification, you may enquire with our staff via the Longbridge App > Me > Help and Customer Service > Online Service. You can also reach us on LBSG Official WhatsApp at +65 6330 3033.

"Stock Cash Coupon" is an electronic gift card introduced by Longbridge and is categorized as a promotional reward. Longbridge reserves the right to reclaim the coupon if it is obtained through taking advantage of system vulnerabilities, hacker tools, fraudulent transactions or any other unauthorized activities. You can review the specific usage rules by clicking HERE.

Certain rewards, such as Stock Cash Coupons, may not be issued due to circumstances beyond our control. LBSG does not guarantee or assume any responsibility for the issuance of rewards like Stock Cash Coupons. LBSG retains sole discretion over any modifications to the rewards. Participants are encouraged to regularly review notifications from LBSG during the Event period on the Longbridge App.

If your account exhibits signs of fraud, abuse, or suspicious activity (e.g., using multiple accounts or devices), LBSG may, at its sole discretion, forfeit your rewards entitlement and limit your participation in future promotions.

These terms and conditions, rewards and offers are organized by LBSG. By participating in this Event, you agree to be bound by these Event Terms and Conditions, the existing terms and conditions in the customer agreement, and the decisions of LBSG regarding this Event.

LBSG reserves the right to change any terms and conditions without prior notice. In the event of any dispute, LBSG reserves the right to make the final decision.

This material shall not be copied or redistributed. The information contained in this material is for reference purposes only and shall not be considered as: (a) an offer, recommendation, or solicitation to purchase or sell any financial products or services; or (b) a proposal to make any financial decisions; or (c) investment advice.

Investing in financial products always carries the inherent risk of financial loss. LBSG will not be held responsible for any losses related to investors' investment activities.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Note: Long Bridge Securities Pte. Ltd. is referred to as LBSG or Longbridge.

The English version shall prevail in case of discrepancies between English and Chinese versions.