Welcome Bonus terms and conditions

1. Promotion

Celebrate Anniversary, 1 Million Cash Giveaway. (hereinafter referred to as "the promotion").

2. Promotion Period

The promotion will commence from 26/12/2024 GMT+3 to 31/1/2025 GMT+3 (hereinafter referred to as the Promotion Period).

3. Eligibility for Promotion Participation

The promotion is available to clients of Sahm Capital Financial Company (hereinafter referred to as Sahm Capital).

4. Promotion Rewards and How to Get

• Gift 1： Regular new user rewards

• Gift 2: Special anniversary rewards

5. Explanation and Calculation of Reward 5

• Explanation of "Share"

The share is a fixed amount of cash. Users are able to get shares by completing the corresponding tasks.

• Calculation of A Share's Amount

At the end of the promotion, the amount per share is calculated as: Amount per share = SAR 1 million cash ÷ number of total shares generated by all users during the promotion.

• Cash Amount Calculation for Individual Users

The cash amount that an individual user can get is calculated as: Cash amount = number of shares owned by the user × amount per share 

6. Rules of Tied Rankings for Reward 6

• If multiple users reach the same milestone (e.g., reach 100 successful invitations), they are tied users. 
• All tied users will get the highest reward value for the top rank among them (e.g., 20,000 for 1st place), regardless of their actual rankings. 
• The rankings of tied users are determined by who reached that number of successful invitations first.
• Subsequent rankings and rewards will shift accordingly.
• [Note]: the total number of winners is limited to 10.

7. Ranking Fairness of the Reward 6 

To ensure fairness in the ranking, we will monitor user actions throughout the promotion. Inviters using improper methods, such as engaging in fraudulent activities, spamming, or exploiting system loopholes, will be disqualified and removed from the rankings and their eligibility for rewards will be revoked.

8. Reward Issuing

• Gift 1 (regular new user rewards) will be issued to users' accounts in the form of coupons immediately when they sign up.
• Gift 2 (special anniversary rewards) will be deposited to users' account by system in the form of cash coupons within 14 working days after the promotion ends. Users can redeem the coupon and the cash will be deposited into users' account within 14 working days.
• All rewards and coupons are non-transferable and can only be redeemed by the recipient for approved purposes on the trading platform.

9. Reward Expiration

• Gift 1: Coupons will be valid for 45 days from the date of the registration. Users should use them promptly, as no rewards will be reissued after the expiration date.
• Gift 2: Cash coupons will be valid for 45 days from the date of issuance. Users should use them promptly, as no rewards will be reissued after the expiration date.

10. Further Information

• Sahm will not be responsible for user errors or incorrect registration information and will not reissue any coupons. 
• The number of AUR shares is subject to the stock price and thus may change as price varies. But the total stock worth will remain around SAR 150.
• The free U.S. stocks will be distributed to users' U.S. account within 14 business days. 
• The cash reward will be distributed to users' Saudi account within 14 business days. 

11. Disclaimers

• The terms & conditions, rewards and offers in this Promotion are provided by Sahm Capital Financial Company (Sahm Capital).
• This promotion does not constitute an offer, solicitation, advice, opinion, or guarantee of any securities, financial products, or tools.
• In accordance with local data protection laws, all personal data of participants will be securely managed and protected.
• Sahm Capital reserves the right to modify or terminate any promotion and change these terms and conditions within legal limits, without prior notice.
• Sahm Capital reserves the right to revoke or withhold relevant rewards for any actions that violate the rules and involve malicious reward acquisition.
• This promotion is not affiliated with Aurora Innovation Inc.
• In case of any dispute, Sahm Capital reserves the final decision-making authority.

12. Notes

• Lifetime 70% Off Commission for the Saudi Market with SAR 3 Max Per Trade

The fees generated in Saudi stocks trading include commission fees charged by Sahm Capital and collection fees charged by CMA, Tadawul, etc. The 70% off commission discount on the Saudi Market here only applies to the commission fees (0.105%) charged by Sahm Capital. A maximum of SAR 3 commission will be charged by Sahm Capital for each transaction. If an order is filled through multiple transactions or filled separately on multiple trading days, this order will be considered as multiple orders and charged separately. No discount or maximum on collection fees charged by CMA, Tadawul, etc. (altogether around 0.05%).  Details see: https://www.sahmcapital.com/support/detail/saudi-arabia-stock-fees-schedule

• Free Real-time Quotes for the U.S. Market (for 1 Year)

Real-time quotes include Nasdaq Basic (LV1) and NYSE ArcaBook for the U.S. market.

• Coupons

Coupons will be valid for 45 days from the date of the registration. Please activate coupons by fulfilling the required tasks.