BeeTang
commented on a stock · Mar 24, 2022 08:24
Referral program a sham?
$Futu Holdings Ltd (FUTU.US)$ As a referrer, I was informed referee must fund SGD4,000 for me to get Apple + Nio. But referee was only informed to fund SGD2,700 during set up. So, Moo gets a new client on the cheap, blindsiding the referrer. Good app, but if this is the management’s standard of integrity, then I rest my case.
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Kobithecheekyboy : Is clearly written, you might overlook it by chance. Definitely not a scam
deve : yes it's always been the case of 2700, pls double check, management integrity is great, I seen them responding to a retail shareholder question when there was a free fall...so pls revisit
BeeTang OP Kobithecheekyboy : Yes I get the 4k notice, as a referrer. But the image below shows what the referee sees.
BeeTang OP deve : Shareholder vs client interest. That’s another topic. My question is why was the referral asked to fund only 2,700sgd instead of 4,000sgd?
麦克斯007 BeeTang OP : Because they get the 1 SEA share whether they fund 2700 or 4000. You, as referrer need to tell them to fund 4000 so you can get an AAPL share
BeeTang OP 麦克斯007 : Yeah, now it’s too late to tell them? That’s why I meant I was blindsided that the instruction from Moo to referrals was different from what was told to me. One referral asked why 4,000sgd? Coz instructions to them never mentioned that figure.. made me look like I am scamming them, especially since money is involved.
麦克斯007 : I believe they can still top up 1.3k, to make up to 4K within the promo period of qualify for the rewards, maybe you can check with their customer service on this