Question about "Invite a Friend"

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#1

Hello,

I have a question regarding the Trading212 Invite a Friend Promotion.

In the Terms and Conditions it says at 3.3:
You have to log into Your Trading 212 account at least once every three months after you have received/sold the Referral Share (whichever occurs the latest).

and 4.3:
In the occurrence of an Event of Default you shall be subject to a penalty. The penalty for an Event of Default shall equal the monetary amount of the Referral Share/s at the time of an Event of Default.

My question is: What happens if I invite a friend, he get his Referral Share, sells it after 30 days, withdraw the money and decides to close his account. After 3 months they will send a bill? Or do they only take money if your account is still active with credits available?

Best regards

#2

Someone help please?

#3

You won’t be affected no matter what your friend does with their share.

1 Like
#4

@George okay, but what will happens if I decide to stop trading on Trading121? What happens after 3 months if I sold all my shares and close my account?

Will they fine me the free shares that I got before even after I close my account?

#5

A more detailed answer for this question can be found in following thread

#6

@eu42 Thanks!! That is what I was looking for.

So if I decide to sell my free shares at any point and withdraw the money, im free to go without any bills or claims right? :slight_smile:

#7

We don’t have such concept. Clients never owe us money. :slight_smile:

1 Like