Terms and Conditions for Saxo Capital Markets Hong Kong Limited (SCM) Free-Buy Promotion on HK and US Stocks
- Saxo Capital Markets HK Limited (“SCM”) is offering zero commission promotion for the purchase of stocks/equities (the “Promotion”). By participating in the Promotion, you agree to be bound by these Terms and Conditions of Promotion and such variation.
- The Promotion applies to the purchase(s) of stocks/equities traded on the following exchanges:
- HKEX;
- NASDAQ (excluding OTC pinksheet);
- NYSE; and
- ArcaEX.
- The Promotion only applies to buy-side commissions of above mentioned purchases. The standard rates of sell-side commissions at position closing shall be paid by Clients to SCM.
- The Promotion commences on 22nd February 2021 and ends on 30th June 2021, both dates inclusive (the “Promotion Period”).
- In order to qualify for participating the Promotion, individuals must:
- be a new client of SCM in the Promotion Period and not previously have had a trading account with the Saxo Bank Group;
- open an account on SCM’s SaxoInvestor trading platform and have his/her application approved by SCM; and
- fund his/her account with more than HKD$10,000 in the Promotion Period.
- SCM may, at its discretion, vary, amend, delete and / or add on to any of these Terms and Conditions, including, but not limited to, terminating this Promotion at any time without giving any reason or prior notice or assuming any liability to any participant(s)/client(s), and all participants/clients shall be bound by such variations, amendments, deletions and / or additions. SCM shall not be obliged to give any reason or enter into any correspondence with any person on any matter concerning this Promotion.
- SCM shall not assume any liability for any loss incurred or suffered by any person in connection with the Promotion, howsoever arising, including without limitation, any error in computing trades and trade commissions, and any subsequent changes to commission prices. Trading in financial instruments carries various risks and is not suitable for all investors. It is possible to lose more than your initial investment.
- In the event of any inconsistency between these Terms and Conditions and any brochure, marketing or promotional material relating to the Promotion, these Terms and Conditions will prevail.
- These Terms and Conditions should be read in conjunction with the General Business Terms, Product Disclosures, and Risk Warnings available at https://www.home.saxo/en-hk/legal/general-business-terms/saxo-general-business-terms.
- A person who is not a party to these Terms and Conditions shall have no rights under the Contracts (Rights of Third Parties) Ordinance (Cap. 623) to enforce any of the Terms and Conditions.
- The English version shall prevail if there is any discrepancy between the English and Chinese versions.