FAQS
We’ve taken some of the questions we get asked most frequently and compiled them in one place. If there’s something you still need to know or an answer isn’t detailed enough, please get in touch and we will get back to you shortly.
How does this work?
Sharedrop is a membership service, and when you purchase a membership you get access to our members only area, providing articles and resources on how to invest, what is an ETF and more. As a promotional tool for Sharedrop, every membership automatically enters you into the raffle to have a chance to win shares.
What are my chances of winning?
Each promotional trade giveaway is capped at 400 entries making your chances extraordinarily high.
This seems too good to be true?
The purpose of this give-away is to grow the Sharedrop brand. Sharedrop is a registered Australian Company using giveaways as an exposure strategy.
What happens if I win?
We’ll publicise the draw time and stream the pick live on our social channels. We also live stream a call to the winner with the good news just incase they aren't watching - so keep your phones handy! We then complete a simple share transfer form to transfer ownership to you free of charge, and you have your giveaway in your portfolio in 15-30 days.
Will I receive ticket numbers?
Australian taxation law states that lottery prize winnings are not taxable.
Are the winnings taxed?
No, ticket numbers are not used. Details gathered from when members pay for a membership will be used for the draw.
Is Sharedrop a financial advisor?
Sharedrop is not a financial advisor and none of its resources provide financial advice.
Sharedrop participates in information gathering and sharing. Please do your own research before making financial decisions.