Receive up to AUD$4,500 every month!
Our Loyalty Scheme rewards traders that trade with us. When you open a Live Account with us, you’re immediately entered into our competitive Loyalty Scheme.
How it works
Every time you trade, you’ll earn Core Points. At the end of the calendar month, your Core Points will be added up and the total determines how much you’ll receive as a rebate in the following month. This can be anything up to AUD$4,500 every month.
We’ve included a handy Rebate Ladder below which shows the rebate percentage you’ll receive depending on your total Core Points.
Better than the rest
Our Loyalty Scheme is competitive and industry-leading. Not only do we offer a rebate up to AUD$4,500, this rebate is unrestricted.
That means you can choose to do what you like with your Loyalty Bonus. You can keep it in your account to trade again or withdraw it. There are no restrictions. We don’t have any complicated release criteria either, unlike other brokers.
What if I don't trade?
At Core Spreads Australia, we know that you might not trade all the time – life can get in the way, after all. That’s why we’ll keeping rolling your Core Points forward until you claim them*.
In Month Two, our trader trades $425. This generates a cash rebate of $21.25, which is paid shortly after the end of Month Two. This rebate is worked out as follows:
Total traded in Month Two X Rebate level from Month One
$425 X 5%
The trader earnt 425 Core Points from trading in Month Two.
The Core Points the trader earnt in Month One (550) have depreciated by a third (66.6%), making them worth 366 Core Points in Month Two.
Month One’s remaining Core Points are then added to the total Core Points from Month 2:
366 + 425 = 791
791 Core Points in Month 2 secures a 6% rebate level for Month Three.
|Trading - 1 point per $ of spread||425|
|Trading - 1 point per $ of spread||780|
In Month Three, the trader trades a total of $780.
The loyalty rebate for Month Three is $46.80.
During Month Three, the trader earns 780 Core Points. To work out the rebate percentage for Month Four, we need to do the following:
Month One’s Core Points + Month Two’s Core Points + Month Three’s Core Points = Total Core Points for Month Four’s rebate
It’s important to remember that both Month One’s and Month Two’s Core Points have depreciated a further 33.3%:
183 + 283 + 780 = 1,246
1,246 Core Points secures a rebate level of 7% for Month Four.
|Example Balance||MONTH 1||MONTH 2||MONTH 3|
The cycle keeps repeating with cash rebates being paid in arrears just after month end.
* Assumes month 1 and 3 have 31 days and month 2 has 30 days