REFER A FRIEND, GET $250

tastytrade Referral Program Rules

Last revised: November 1, 2023

This tastytrade Referral Program (the “Program”) sponsored by tastytrade, Inc. (“tastytrade,” “we,” “us,” or “our”) is offered to all current tastytrade customers with active accounts (“Referrers”) who refer other individuals (“Referrals”) to create and fund a tastytrade individual, entity, joint, or trust (including IRAs) Customer Securities Brokerage Account (each, an “Account”). Whether you are a Referrer or Referral, your participation in the Program is subject to these Program Rules (the “Rules,”) as well as tastytrade’s Customer Agreement, Privacy Policy, and any other agreements you accept in order to create and fund an Account.

1. Eligibility: All Referrers and Referrals must be 18 years of age or older and must be otherwise eligible to create a tastytrade account. Note that while Referrers may reside in any jurisdiction listed as an eligible country at the following link: Supported Countries for International Accounts, all individuals acting as Referrals must reside in the United States and may not have previously had a tastytrade account. Neither Referrers nor Referrals may be employees of tastytrade, its subsidiaries, affiliates, or agencies, or their respective families (including spouses, parents, siblings, children, grandparents, and grandchildren).

2. How to make a Qualified Referral: A “Qualified Referral” occurs when the following steps occur:
   a. The Referrer signs in to tastytrade.com, scrolls down to find the “Generate Referral Link” item found in the “Refer” panel on their home page, and clicks the button to generate a Unique Referral Link.
   b. The Referrer shares their Unique Referral Link with the Referral (who may be a friend, colleague, or any other eligible individual they know).
   c. The Referral visits the Referrer’s Unique Referral Link and follows the onscreen prompts to open an Account. (Note: opening an Account requires the Referral to provide a valid email address.)
   d. The Referral funds the Account with a minimum of five thousand dollars ($5,000.00 USD) within sixty (60) days of opening the Account.
   
   If all the above requirements for a Qualified Referral have been met, the Referrer will receive one (1) Referral Credit. The limit is one (1) Referral Credit for each Qualified Referral. Referrers can see the number of Referral Credits received on their profile page at tastytrade.com.

3. Funding Requirement: The initial minimum funding amount of $5,000 USD deposited into a Referral’s Account must remain in the Qualified Account for a minimum of six (6) months starting on the date of the Qualified Referral (the “Referral’s 6-Month Period”); however, losses due to trading or market fluctuations will not be taken into account. tastytrade reserves the right to revoke the Referrer’s Referral Credit and/or Bonus, including by deducting the value of the Referral Bonus from the Referrer’s account balance, if it determines in its sole discretion that either the Referrer or Referral has not complied with this requirement.

4. Redeeming Referral Credits: For every Referral Credit obtained, the Referrer shall receive two hundred and fifty dollars ($250.00 USD) or, in tastytrade’s discretion, the equivalent value in the currency of the Referrer’s jurisdiction (each, a “Referral Bonus”). See below for redemption instructions for trading and retirement accounts:
   a. Trading accounts: Referral Bonuses will be deposited into a Referrer’s account within thirty (30) days after each Referral Credit is obtained. Note: although the Referral Bonus balance will be reflected in the Referrer’s account and can be used immediately for trading on the tastytrade platform, the Referral Bonus will not be available to withdraw in cash until the end of the Referral’s 6-Month Period. Following the Referral’s 6-Months Period, Referrers may request a cash withdrawal via the tastytrade platform. Funds will be transferred into the Referrer’s bank account on file.
   b. Retirement accounts (e.g., IRA accounts): Retirement account holders will receive a check for the Referral Bonus(es) within thirty (30) days following the end of the applicable Referral’s 6-Month period.
   
   Receipt and/or withdrawal of Referral Bonuses may be subject to verification of eligibility, geographic location, and compliance with these Rules, as determined in tastytrade’s sole discretion. As a condition of redeeming or withdrawing a Referral Bonus, Referrers may also be required to sign an affidavit of eligibility, liability release, and where legal, a publicity release (collectively, an “Affidavit”), and return same, properly executed, within seven (7) days of issuance of notification. tastytrade’s decisions are final in all respects of the Program.
   
   Additional Terms & Conditions

5. Limitations. tastytrade will deposit no more than three thousand dollars ($3,000.00 USD) of Referral Bonuses to a Referrer’s account per calendar year. Withdrawals are subject to compliance with these rules, including but not limited to sections 3 through 5. Individual Referral Credits have no value on their own and may only be used to receive a Referral Bonus. Referral Credits are not transferable and may not be transferred to other existing tastytrade accounts/customers. The Referral Program and/or Referral Bonuses cannot be combined with any other offers, promotions, or marketing referral agreements. Referrers may not use their own Unique Referral Link to apply for a different tastytrade account under their name. To the maximum extent permitted by law, tastytrade reserves the right to disqualify Referrers/Referrals and/or reverse a Referral Credit for any reason at any time, including but not limited to if tastytrade believes a Referrer or Referral have violated these Rules. Any taxes related to Referrers’ participation in the Program, or their receipt of a Referral Bonus, are the sole responsibility of the Referrer. Due to the confidential nature of the accounts, tastytrade cannot disclose information on who has used a Referrer’s Unique Referral Link, nor will Referrers be notified whether tastytrade approves or declines any application(s) from a potential Referral.

6. Program End Date: The tastytrade Referral Program runs from November 1st, 2023 to October 31st, 2024, and tastytrade reserves the right to suspend, revoke or extend the Program at any time. Following the conclusion of the Program, tastytrade reserves the right in its sole discretion to roll over any Pending and/or accumulated Referral Credits into a new or revised referral program.

7. No Spam or Solicitation: As a Referrer, you must comply with all up to date “spam” laws and may not engage in commercial solicitation of any kind in connection with the Program. For example, emails containing the Referrer’s Unique Referral Link must be created and distributed in a personal manner to people you know (e.g., friends and family), and bulk email distribution is not permitted. Any distribution of your Unique Referral Link on coupon sites or other websites created to take advantage of referral traffic generated from individuals searching for coupons or other discount codes, or otherwise in a way that could constitute unsolicited commercial email or “spam” under any applicable law or regulation is expressly prohibited, and will be grounds for immediate termination of your account and exclusion from the Program, as determined by tastytrade in its sole discretion.

8. General Conditions: By participating in the Program as either a Referrer or Referral, you agree to release, discharge, indemnify, and hold harmless tastytrade, its parent, subsidiaries, affiliates, retailers, and advertising and promotion agencies, and all of their respective officers, directors, members, managers, partners, shareholders, employees and agents (collectively, “Released Parties”) from any liability or damages which may arise out of your participation in the Program or out of your acceptance, use, misuse or possession of any benefits (including a Referral Bonus) obtained through the Program. All applicable federal, state, and local laws and regulations apply.
   
   The Released Parties are not responsible for incorrect or inaccurate transcription of referral information, or for any human or printing error in these Rules or any promotional materials, technical malfunctions, lost/delayed data transmission, omission, interruption, deletion, defect, line failures of any telephone network, computer equipment, software, or any other error or malfunction, or any injury or damage to you or any other person’s computer related to or resulting from participation in the Program, or for late, lost, stolen, illegible or misdirected Referral Credits. Referral Credits that have been tampered with or altered are void. If, in tastytrade’s sole discretion, there is any suspected or actual evidence of electronic or non-electronic tampering with any portion of this Program, or if any difficulties compromise the administration, security, fairness, integrity, or proper conduct of the Referral Program, tastytrade reserves the right to void any accumulated or Pending Referral Credits and/or terminate your participation in the Referral Program.
   
   tastytrade also reserves the right at any time to modify, suspend, or cancel the Program, and any changes will be effective immediately on notice. Notice will be given either on the tastytrade website or via e-mail. Your continued participation in the Program after such notice of changes will be deemed as an acceptance of such changes. You should review these Rules periodically to ensure familiarity with the most current version. You will always be able to tell when the version was last updated by checking the “Last Revised” date at the top of these Rules. All questions or disputes regarding the Program, including without limitation, those involving eligibility, participation, fraud, and abuse will be resolved by tastytrade in its sole discretion. In the event of war, national emergency, accident, dangerous weather conditions, fire, floods, riots, strikes, lock-outs, industrial disputes, acts of terrorism, pandemic, or other matters beyond tastytrade's reasonable control, tastytrade retains the right, in its sole discretion, to terminate the Program.

9. Disputes Related to the Program: The dispute resolution arbitration procedures set forth in your brokerage agreement with tastytrade governs this Program. The Program is conducted in English. Except where prohibited, all issues and questions concerning the construction, validity, interpretation, and enforceability of these Rules, or the rights and obligations of you or tastytrade in connection with this Program, shall be governed by and construed in accordance with the laws of the State of Illinois, without giving effect to any choice of law or conflict of law rules (whether of the State of Illinois, or any other jurisdiction), which would cause the application of the laws of any jurisdiction other than in the State of Illinois.

10. Miscellaneous: The invalidity or unenforceability of any provision of the Program will not affect the validity or enforceability of any other provision. In the event that any provision of the Program is determined to be invalid or otherwise unenforceable or illegal, the other provisions will remain in effect and will be construed in accordance with their terms as if the invalid or illegal provision were not contained herein. tastytrade’s failure to enforce any term of the Program will not constitute a waiver of that provision. Headings are solely for convenience of reference and will not be deemed to affect in any manner the meaning or intent of the document or any provision hereof. In the event there is a discrepancy or inconsistency between disclosures or other statements contained in any Program materials, Privacy Policy, or Customer Agreement on the tastytrade.com website and/or the terms and conditions of the Rules, the Rules shall prevail, govern, and control, and the discrepancy will be resolved in tastytrade’s sole and absolute discretion.