Conditions of the referral programme of honesto AG
Status: 2022-05-11
By referring a customer, you accept the terms and conditions of honesto AG.
Terms and conditions
- The referrer receives 10% of the generated trading fees of each referred new customer for a period of 6 months.
- The referred person receives 10% reduction of all trading fees for a period of 6 months.
- The "referral credit" is only granted if all the following conditions are met:
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- The account opened by the referred new client must be a trading account into which at least CHF 200 or EUR 200 has been deposited.
- The referral is only valid if the referral code of the referrer is noted in the onboarding procedure of the new client.
- The new client must be fully and properly verified, i.e. have fully completed the onboarding procedure and be approved for trading.
- The referrer must also be fully and properly verified and approved for trading.
- The referral code loses its validity six months after it has been issued.
- The "referral credit" is only valid for products and markets that are settled electronically with the honesto app.
- The "referral credit" is valid for trading cryptocurrencies via the honesto app only.
- It may take up to 48 hours for the "referral credit" to be transferred to the account.
Eligible participants
- This offer is exclusively aimed at private customers who have a trading account with honesto AG.
- The offer is not directed at clients of asset managers, corporations or any other institutional investor.
General
- The offer is not intended for distribution in the US and is not directed at US persons or persons who are not permitted to participate in the offer due to regulations applicable in their home country or country of domicile.
- The offer is valid until the quota is exhausted. Customers who are the first to meet the above conditions will be eligible for the offer.
- The recruited person who receives a "referral credit" cannot benefit from another promotional offer.
- honesto AG reserves the right to change, extend, shorten or cancel the offer at any time without prior notice and without being held liable.
- Redemption, exchange or payment of the premium in cash are excluded.
- No correspondence will be entered into regarding the offer. The legal process is excluded.
Please note that you, as the recruited person, agree that the referrer receives a "referral credit" and thus becomes aware of your account opening with honesto AG.
"Referral credit"
The "referral credit" is a credit account with a variable value that is available on the trading account after the account opening of the new customer. In the case of a transaction, the brokerage fee incurred for the transaction is automatically deducted from the "referral credit" up to the available amount (for example, if the trading fee is CHF 25, this value is deducted from the available amount).
The "referral credit" cannot be paid out in cash and is only valid for a certain period of time. After the period of validity has expired, it is no longer available, even if it has not been fully utilised.