Refer-a-Friend Promotion Terms and Conditions

Referrer must have a qualified SogoTrade account in good standing. Qualified accounts in good standing are defined as Individual or Joint brokerage accounts that maintain positive equity and remain on Full Trade status.

For the referrer to qualify for the free trades referral reward, the referee must
a) open an individual or joint SogoTrade brokerage account and enter the referrer’s referral code on the account application,
b) deposit at least $500 of equity via a cash deposit or asset transfer (internal transfers from another SogoTrade account cannot be used to satisfy the account minimum) and
c) execute at least one equity or option trade. Referred accounts must be maintained with SogoTrade for a period of at least 3 months from the account approval date in order for the referrer to fully qualify for the free trades referral reward. However, SogoTrade will credit the free trades referral reward to the referrer’s account within 5 business days after the referee meets requirements a, b and c.

Referee must possess a valid social security number or a valid government-issued photo ID.

Referee must be a new SogoTrade customer. If the referee account is a joint account, then both account holders must be new SogoTrade customers.

The Refer a Friend free trades reward offsets the base commission charge of the first 25 online trades (stock or option) executed after the free trades have been applied. The free trades referral reward will only apply to stock priced at $1 or higher per share. The free trades referral reward does not cover any additional per share charges, including the additional per share charge which applies to Extended Hours stock orders. The free trades referral reward does not cover the per contract charge for option orders.

Referral rewards will expire 90 calendar days from the date of issue.

Refer a Friend promotion participants must operate in good faith with the intention of maintaining a brokerage relationship with SogoTrade.

Refer a Friend free trades rewards are given at the discretion of SogoTrade, which reserves the right to disqualify any referrer or referee from the Refer a Friend promotion at any time for any reason.

Refer a Friend free trades rewards are non-transferrable and have no cash value. Referrers that close their SogoTrade brokerage accounts will forfeit any remaining free trades.

Employees of SogoTrade Inc. and companies affiliated with SogoTrade Inc. are ineligible for this offer.

SogoTrade reserves the right to modify or terminate this offer at any time without prior notice.