Terms and conditions

Bonus giveaways Refer-a-friend Promotion

With effect from 8 June 2020, the information on this page applies only to Premium Clients. All other clients should refer here for our information on our current Refer-Friend program.

  1. These terms and conditions (the “Rules”) apply to the Refer a Friend promotion (“Refer a Friend Promotion”, the “Promotion”). By participating in the Promotion, you agree to be bound by these Rules.

Eligibility

  1. To qualify for the Promotion, the person making the referral (“Qualifying Referrer” or “you”) must:
    1. be an existing active account holder of IG Asia Pte Ltd, with its registered office at 9 Battery Road, #01-02 MYP Centre, Singapore, 049910 (“we”, “us”, “IG” or “our”);
    2. be an existing Premium Client of IG during the entire Qualifying Period which shall be confirmed by your Premium Client Manager;
    3. not be part of a referral, affiliate, or other introduction programme run by IG or any of the other companies in the IG Group;
    4. have an existing business or personal relationship with the person you would like to refer (your “Friend”); and
    5. refer your friend to IG.
  2. Your Friend must:
    1. be an individual who is 18 years or older;
    2. apply to open an account with IG. Please note that all accounts are opened subject to our standard account opening criteria, and as such not all applicants will be successful in their application;
    3. be a new client to IG, not having previously held an account with us; and
    4. apply to open an IG CFD account (your “Account”) on www.ig.com/sg, and proceed to successfully activate such account subsequent to IG’s internal ‘customer knowledge assessment’ procedure, between (and including) 00:00 SGT, 29 November 2021 and 23:59 SGT, 28 January 2022 (the “Qualifying Period”).
  3. If any restrictions apply to your account or the account of your Friend, the referral will not qualify as an Active Referral until restrictions have been lifted. Any restrictions that apply to an account will be detailed in the email to the account holder upon account activation.

Promotion Details for Qualifying Referrer – Part 1: (“Refer a Friend Credit”)

  1. You will receive one (1) Refer a Friend Credit for each Friend you refer to IG when they make five open ‘qualifying trades’ of any product within 6 months of being referred (“Active Referral”). A ‘qualifying trade’ is a CFD with a minimum size of one mini contract or equivalent (subject to any applicable promotional offers).
  2. If you are a Premium Client of IG, you can redeem one (1) Refer a Friend Credit per calendar month for SGD500 (Five Hundred Singapore Dollars) of Trading Credits. (“Premium Client Bonus”). Each Premium Client will be limited to only one (1) Premium Client Bonus per calendar month at the discretion of the Premium Client Manager. For any subsequent Active Referrals made in the same calendar month, you will receive the standard Reward as outlined above.

Promotion Details for Qualifying Referrer – Part 2: (“Gift Reward”)

  1. If you are a Qualifying Referrer, and have referred your Friend who meets the requirements set out in Clause 3 (a “Qualifying Referral”, “they”, “their”, “them”), you stand a chance to receive a Gift Reward (while stocks last), provided that the Qualifying Referral satisfies the following criteria:
    1. your Friend must be referred during the Qualifying Period;
    2. your Friend must make five open ‘qualifying trades’ of any product during the Qualifying Period and such Transaction(s) must be initiated by them;
    3. they must be fully authorised to operate their Account; and
    4. the Transaction(s) must be initiated by them and not by IG acting on their behalf (e.g. system generated trades).
  2. The Gift Reward that a Qualifying Referrer will be eligible to receive under this Promotion (while stocks last) is based on the Qualifying Referrer’s tier level which is calculated based on the number of Qualifying Referral(s) who have met the criteria set out in Clause 7 (see table set out in Clause 10). For the avoidance of doubt, if the Qualifying Referrer refers more than 3 Qualifying Referrals, the Qualifying Referrer will only be eligible to receive a Tier 3 Gift Reward (i.e. the Qualifying Referrer will only be entitled to receive an Apple Watch Series 7 and Apple iPad Mini, while stocks last).
  3. The maximum number of Gift Reward per Qualifying Referrer is fixed in accordance with the tier level set out in Clause 10. This Gift Reward offer is only valid while stocks last.
  4. The tier allocation of the Gift Reward are as follows:
  5. Tier Number of Qualifying Referrals* Gift Reward
    1 1 Apple AirPods Pro
    2 2 Apple Watch Series 7
    3 3 or more Apple Watch Series 7 and Apple iPad Mini
    *Qualifying Referrals must have met all the criteria set out in clause 7.

    For the avoidance of doubt:

    1. If any restrictions apply to your account or the account of your Friend, the referral will not qualify as an Active Referral until restrictions have been lifted. Any restrictions that apply to an account will be detailed in the email to the account holder upon account activation; and
    2. A Qualifying Referral is only eligible to receive the Gift Reward based on the Products(s) traded within Qualifying Period (subject to all other conditions in these Terms and Conditions being satisfied).
    3. If you have more than one account, only one account can be eligible for the Gift Reward but you are not precluded from operating more than one account where such other account(s) is/are not intended to be eligible for a Gift Reward and does not contravene any of the other Terms and Conditions i.e. you may trade with more than one IG CFD accounts but you will receive the Gift Reward for only one of your CFD account trades.

Promotion Details for Qualifying Referral

  1. If you are the Qualifying Referral and have met the conditions set out in clause 5, we will credit SGD100 (One Hundred Singapore Dollars) (“Trading Credits”) into your trading account, subject to the following criteria:
    1. you must have met all conditions set out in Clause 3, 4, and 5; and
    2. you can only claim a maximum of SGD100 Trading Credits.
    Any Gift Reward or Trading Credits due under the terms of this Promotion will be posted to the Qualifying Referrer within 30 working days after the Qualifying Period.

General

  1. You can only refer an individual or company to IG once. If you have referred an individual or company to any IG Group company, you cannot refer the same individual or company again to another company in the IG Group.
  2. The Promotion is not open to employees of IG or any IG Group company or employees of any other company engaged in direct competition with IG or any IG Group company. You cannot refer yourself via a joint account with a family member or a member of the same household.
  3. IG reserves the right to remove a Reward or substitute a Reward offered with another item of the same value, at its sole discretion, from time to time and without prior notice.
  4. This Refer a Friend Promotion and any obligations of IG pursuant to it will be revoked or withdrawn from participants who abuse the spirit or intention of it. We reserve the right to cancel or withdraw the Refer a Friend Promotion at any time in case of any suspected abuse of the Promotion. Further, where any of these Rules are breached or there is any reason to suspect a participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to this Refer a Friend Promotion, we reserve the right to stop or withdraw payment of the Reward or Premium Client Bonus or any attempted withdrawal of the same.
  5. We are the sole arbiter of the Refer a Friend Promotion, these Rules and any other issues arising under this Promotion. Exceptions to these Rules are at the sole discretion of IG’s management, and our decision is final. We reserve the right to alter, amend or terminate the Refer a Friend Promotion or any aspect of it at any time and without prior notice.
  6. We will not be held liable for any losses incurred by you or Your Friend as a result of your (or their) trading or in relation to this Refer a Friend Promotion. Trading CFDs is a high risk activity and it is possible to lose more than your initial investment.
  7. Any dispute or situation not covered by these Rules, will be resolved by IG’s management in a manner it deems to be fairest to all concerned and that decision will be final and binding on all parties.
  8. If at any time all or any part of any provision of these Rules are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) will not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Rules or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Rules.
  9. These Rules will be governed by and construed in accordance with the laws of Singapore and will be subject to the jurisdiction of the Singapore courts.

Contact us

Support line is available 24hrs a day from 8am GMT Saturday to 10pm GMT Friday

+65 6390 5118

You can also email us helpdesk@ig.com.sg

Visit our storefront office at 9 Battery Road #01-02 MYP Centre Singapore 049910