Raseed Referral Program - Terms and Conditions
Offer Period
This offer is valid until 31 October 2026. Rewards are given under the offer that was active on the date the invited person registered using your referral code. The invited person must complete the required steps within 30 days of registering for the referral to qualify. Offers in future periods may have different reward amounts and conditions, which will be shown on the referral page in the Raseed app.
How It Works
All verified Raseed users are eligible to take part in the Raseed referral program. Invite someone to join Raseed using your unique referral code. Once they register and complete the verification process, SAR 50 is credited to your Raseed account. When they fund their account with a minimum of SAR 375, a further SAR 50 is credited to your account, for a total of SAR 100 per referral. Cash rewards are paid to the referrer only. The person you invite receives exclusive discounts on trading fees. Referral rewards are currently available to users within the GCC region. You can invite as many people as you like and earn a reward for each successful referral.
Using Your Rewards
Rewards can be used to invest in any asset available on the Raseed platform. Each reward is locked for 3 months from the date it is credited. During this period it can be invested but not withdrawn. The cash value of a reward can be withdrawn once the 3-month lock period ends. If a reward is not used to invest within 6 months of being credited, Raseed reserves the right to withdraw it from your account.
Top Referrers
Each month, the top 5 referrers receive additional rewards. These rewards vary from month to month and are set at Raseed’s discretion. Winners are determined by the number of people they refer who verify their account during the month. In the event of a tie, the referrer who reached that number first ranks higher. The ranking is finalized at the end of the last day of each month. The counter resets at the start of every month, and the competition begins again with new winners each month.
General Terms
Raseed reserves the right to amend, suspend, extend, or end the referral program, or to change reward amounts and conditions, at any time. Raseed may withhold, cancel, or reclaim any reward if it suspects fraud or misuse. This includes self-referrals, multiple or duplicate accounts, and any breach of these terms. Eligibility and reward decisions are at Raseed’s sole discretion and are final. Rewards are non-transferable and cannot be exchanged.