Rules of the "Invite Friends" promotion

1. General provisions on the procedure for holding promotions

1.1. The "Invite Friends" promotion (hereinafter referred to as the "Promotion") is being held in order to promote the Stockity trading platform.

1.2. Participants of the Promotion (hereinafter referred to as the "Participants") must be legally eligible individuals who are either registered Clients of the Stockity platform, located at https://stockity.id/, with Standard status or higher, or potential Clients of the Stockity platform who have fulfilled the conditions of Participation in the Promotion, in accordance with clause 4 of these Rules.
For more detailed information about user statuses on the Stockity platform, please follow the link https://stockity.id/information/pricing.

1.3. To be eligible to participate in the Promotion, the Participant must be legally entitled to participate in the Promotion in the Participant's country of residence. The Participant must not participate in the Promotion if it is invalid or illegal under the applicable laws or regulations of the Participant's country of residence.

1.4. By participating in the Promotion, the Participants fully agree to these Rules.

2. Information about the organizer of the Promotion

2.1. The Organizer of the Promotion is Caracol Ltd (a company incorporated under the laws of the Marshall Islands, registration number 114137, whose office is located at: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH 96960.

2.2. The website where information about the Promotion can be found is https://stockity.id/en/ad/invitefriend-legal (hereinafter referred to in these Rules as the "Organizer's Website").

3. Promotion dates

3.1. The Promotion is to be held from April 20, 2024 to December 31, 2024 (hereinafter referred to as the "Promotion Period").

4. Terms and conditions of participation in the Promotion

4.1. To participate in the Promotion, a registered Client of the Stockity platform with Standard status or higher must fulfill the following conditions during the Promotion Period:
— Share their personal referral link in their Personal Account on the Stockity platform in the "Invite friends" section with one or more persons who are not registered users of the Stockity platform.

4.2. To participate in the Promotion, any person who is not a registered Client of the Stockity platform must fulfill the following conditions during the Promotion Period:
— register on the Stockity platform using the referral link provided by a registered Client of the Stockity platform;
— make at least one deposit in their Real Account on the Stockity platform;
— complete Trading Turnover of at least 75 US dollars or the equivalent amount in another currency.

5. Procedure for distribution of prizes in the Promotion

5.1. Any Participant of the Promotion who is a registered Client of the Stockity platform (hereinafter referred to as the "Inviter") receives a prize of $10 (and Participants of the Promotion who are registered Clients of the Stockity platform with VIP status get $20) in their Real Account on the Stockity platform for each of the first 5 (Five) persons who register on the Stockity platform using the referral link of that Participant and fulfill the conditions provided for in clause 4.2 of these Rules.

5.2. A Participant who has fulfilled the conditions provided for in clause 4.2 of these Rules receives a prize in the amount of $10 in their Real Account on the Stockity platform, provided that they are one of the first 5 (Five) persons to register using the referral link of their Inviter and they fulfilled the specified conditions.

6. Taxes

6.1. The prizes awarded as part of this Promotion may be subject to taxation depending on the local tax laws applicable to the Participant. The Participant is solely responsible for filing tax returns, forms, and reports, and for paying all applicable taxes.

7. Additional terms and conditions

7.1. New Stockity accounts may not be created by registered Clients, and Clients may not engage in any fraudulent practices to participate in the Promotion.

7.2. The Organizer will not take into account the results of any Participants who violate clause 7.1 of these Rules.

7.3. By performing the implied actions provided for in clause 4.1 and 4.2 of these Rules, the Participant gives their consent to the processing by the Organizer of their personal data. The Participant can withdraw their consent by sending notification to the email address [email protected].

7.4. The Organizer of the Promotion is not responsible for the following:

1) the inability (not through the fault of the Organizer) of Clients of the Stockity platform to familiarize themselves with the rules posted by the Organizer;

2) the non-receipt/untimely receipt by the Organizer of the information necessary to receive prizes, through the fault of the Participants themselves or through the fault of communications systems, or for other reasons beyond the control of the Organizer;

3) the non-receipt of prizes through not claiming them or refusing to claim them;

4) for any consequences of mistakes made by Participants when participating in the Promotion, including the Participant losing access to their Account on the Stockity platform.

7.5. The Organizer has the right at any time to amend these Rules by posting corresponding information on the Organizer's Website. Persons interested in participating in the Promotion are obliged to independently monitor for any updates of the Promotion Rules by checking for corresponding changes on the Organizer's Website.

7.6. The terms "Real Account," "Trading Turnover," and "Client" are to be interpreted in accordance with the Client Agreement published on https://stockity.id.

*By participating in the Promotion/Contest, the Participant fully releases Facebook/Instagram from liability for the consequences of such participation. This Promotion is not sponsored, endorsed, administered, or affiliated with Facebook/Instagram.