Our Loyalty Scheme is like no other. You earn Points every time you trade. This could help you build a cash rebate of up to 20% of your trading costs.
To help get you started, we’ll give you 1,000 Points when you open a trading account with us.
It really is the most generous loyalty scheme around!
As soon as you open a trading account with us, we’ll automatically enroll you in our Loyalty Scheme. This rewards you every time you trade. Not only that, but we’ll credit you with 1,000 Points to say ‘thank you’ for joining us here at Trade Nation.
How it works
Every time you trade, you’ll earn Points – 1 Point for every US $1 you trade.
At the end of the calendar month, your Points will be added up and the total helps determine how much you’ll receive as a rebate on the following month’s trades. This could lead to a cash rebate from as little as US $25 up to US $2,500 every month!
Unlike some other providers we don’t have any complicated release criteria. You can keep any cash rebate in your account to trade again or withdraw it.
Here’s an example
Let’s look at our popular Wall Street 30 market where our dealing spread is 1 point.
You choose to make a US $10 per point trade in this market. This would generate US $5 of spread on the opening of the trade and another US $5 on the closing trade.
So, by opening and closing this trade, you would earn 10 Points.
Your total points for the month determine the rebate you'll receive the following month, according to our rebate ladder:
A working example
The following example will show you how you can benefit from consistent trading with us:
A new trader joins Trade Nation on the 1st of the month. We will credit the new trader's account with 1,000 Points to say “hello”. Then, let’s say that during this month they earn 550 Points from trading.
At the end of the month, the trader has earned 1,550 Points. So, referring to the Rebate Ladder, we can see that this gives them a rebate level of 5% which will be applied to all their trades in the following month.
In Month Two, our trader acquires 990 Points from trading. We apply the 5% rebate to the Month Two points. This means our trader is entitled to a cash credit of US $49.50 (990 x 5%) which they will receive shortly after the end of the month.
The 1,550 Points the trader earnt in Month One depreciate by a third and are added to the month’s total.
1,033 + 990 = 2,023
2,023 Points in Month 2 secures another 5% rebate level for Month Three.
In Month Three, the trader acquires 1,380 points from trading. So, this results in a cash credit of US $69 (1380 x 5%) paid into their account shortly after the end of the month.
The Points from Month One have now depreciated by two thirds and are added to the month’s total.
The TN points from Month Two have depreciated by a third and are added to the month’s total.
2,557 Core Points secures a rebate level of 10% for Month Four.
Assuming the trader earns 860 Points in Month Four, the rebate would be US $86 (860 x 10%). The cycle keeps repeating with cash rebates being paid in arrears just after month end.
Please note, the Loyalty Scheme is only available to non-FCA and non-ASIC Trade Nation customers.