Trial Account Promotion Terms and Conditions & Eligibility Requirements
Terms & Conditions
The “Promotion” – If you open a Trial Account with ModernAdvisor, ModernAdvisor will invest $1,000 in the model portfolio that matches your risk profile, which is based on the information you provide. The Trial Account Period will be 30 days. Upon the expiry of the Trial Account Period, you will be eligible to receive a dollar amount equal to the gains, if any, on the Trial Account if you meet the eligibility requirements described below. The Promotion may be cancelled by Modern Advisor Canada Inc. at any time without notice.
Trial Account Period – the Trial Account Period will begin when the Trial Account is opened and you receive an e-mail from ModernAdvisor confirming that the account has been opened (the “Trial Account Start Date”). The Trial Account Period will end the earlier of 30 days after the Trial Account Start Date or the date on which you open an Actual Account with ModernAdvisor.
Actual Account – an investment account (RRSP, TFSA or Individual account) that is opened in your name in which you deposit your own money.
While any values shown in the Trial Account are based on an actual account and actual trading conducted by ModernAdvisor, participants cannot make withdrawals from the Trial Account. The value shown in the Trial Account remains the property of Modern Advisor Canada Inc.
The Trial Account will be active for 30 days. If you choose to open an Actual Account (RRSP, TFSA, or Individual account) at any time before that, the Trial Account Period will end.
To be eligible for the Promotion you must not already have a ModernAdvisor account (RRSP, TFSA, or Individual account).
If you do not open an Actual Account with ModernAdvisor within 30 days of the Trial Account Period ending, you will not be eligible for the Promotion.
If you open an Actual Account with ModernAdvisor but do not deposit at least $1,000 into it within 30 days of the Trial Account Period ending, you will not be eligible for the Promotion.
Your Actual Account with Modern Advisor must remain open for at 90 days or you will not be eligible for the Promotion.
Learn more about trial accounts