Features: Unique loyalty scheme

With Core Points you can earn a cash rebate worth up to 25% of spread or commission traded.

Unique loyalty scheme

JENNIFER

TRADED £4737 THIS MONTH

4240 points - from previous trading

18% CASH REBATE

£805

Unique loyalty scheme

JOHNATHAN

TRADED £4030.80 THIS MONTH

3565.6 points - from previous trading

17% CASH REBATE

£644.93

The Core Spreads Loyalty Scheme rewards traders that trade with us and who help us grow. You earn Core Points and at the end of the month your total determines your spread or commission rebate % in the following month.

Each month end we look at how many Core Points you have; that will determine where you sit in our  rebate ladder. This is the rebate % (or discount) you will receive on your next month’s total spread or commission. Once verified the cash rebate is paid into your account and it’s unrestricted, which means you can trade with it or withdraw it as you wish

We know traders don’t trade all the time so Core Points don’t disappear after a month, they roll forward, reducing by a third each month following the month they are earned.

When you become a client you are enrolled automatically in our Loyalty scheme, for CoreTrader accounts you can generate Core Points on the spread you trade, for Core MT4 accounts on the commission. If you want to earn Core Points for interacting with us on social media you need to tell us your Twitter handle and Facebook name. You can do this as well as monitor your Core Points balance, see what rebate level you’re currently on, what rebate level you are in line for next month and check out Core Points statements all through the Rewards section of the CoreTrader trading platform or in the client portal.


Core points

Earn Core Points in the following ways:

  • 1 Core Point for every £1 in spread traded (CT2) and 10 Core Points for every £1/ €1.30/ $1.50 in commission traded (Core MT4). Say you made a £10 a point trade on UK 100 at our fixed spread of 0.8pts, that would generate £4 of spread on the opening and on the closing trades. That's 8 Core Points. See the detailed T&Cs below for details on how we calculate spread on equities, commodities and fx.
  • If you follow us on Twitter you will earn 2 points every day you follow us, if you retweet one of our posts that will earn you 5 Core Points (max retweets 5 a month). If you Like us on Facebook that is 2 Core Point per day.

Rebate ladder

Your total points for the month determine the discount you'll receive the following month, according to our rebate ladder:

Core Points Rebate
0 up to 100 0%
100 up to 200 1%
200 up to 300 2%
300 up to 400 3%
400 up to 500 4%
500 up to 750 5%
750 up to 1,000 6%
1,000 up to 1,500 7%
1,500 up to 2,000 8%
2,000 up to 2,500 9%
2,500 up to 3,000 10%
3,000 up to 3,500 11%
3,500 up to 4,000 12%
4,000 up to 4,500 13%
4,500 up to 5,000 14%
5,000 up to 6,000 15%
6,000 up to 7,000 16%
7,000 up to 8,000 17%
8,000 up to 9,000 18%
9,000 up to 10,000 19%
10,000 up to 15,000 20%
15,000 up to 20,000 21%
20,000 up to 25,000 22%
25,000 up to 30,000 23%
30,000 up to 35,000 24%
35,000 + 25%

EXAMPLE - POINTS

Month 1

A trader signs up with Core Spreads on the 1st, trades £550 of spread, follows @Corespreads on Twitter, retweets two of our tweets and likes us on Facebook. At the end of month 1 that gives them 684 Core Points*. That translates to a rebate level of 5% on trading in the following month.

Activity Points
Trading - 1 point per £ of spread 550
Twitter follow - 2 points a day 62*
Retweets - 5 points a retweet 10
Facebook likes - 2 points a day* 62*
Points earned 684

Month 2

The trader trades £425 of spread and does the same social interactions as month 1. First of all that generates a cash rebate paid shortly after the end of month 2 of £21.25 (£425 x 5%). The Core Points generated during the month total 555 (425 for trading + 60 for following on twitter* + 10 for two retweets + 60 for liking us on facebook*). The Core Points generated in month 1 are depreciated by a third, making them worth 456 (684 x 66.6%) and are added to the 555 generated this month to give the trader a Core Points balance of 1,011 at month end. That secures a rebate level of 7% for month 3.

Activity Points
Trading - 1 point per £ of spread 425
Twitter follow - 2 points a day 60*
Retweets - 5 points a retweet 10
Facebook likes - 2 points a day* 60*
Points earned 555

Month 3

The trader trades £780 of spread and repeats the same social interactions.

The cash rebate paid just after the end of month 3 is £54.60 (£780 x 7%). The Core Points generated during the month are 914 (780 + 62* + 10 + 62*), this is added to month 1’s points which are now worth 228 (684 x 33.3%) and month 2’s balance which is now worth 370 (555 x 66.6%) to give a month end points balance of 1,512, securing a rebate level of 8% for the following month.

Activity Points
Trading - 1 point per £ of spread 780
Twitter follow - 2 points a day 62*
Retweets - 5 points a retweet 10
Facebook likes - 2 points a day* 62*
Points earned 914

EXAMPLE - BALANCE


Month 1 Month 2 Month 3
Opening - 684 1,011
Points earned 684 555 914
Points deprecation - -228 -413
Closing 684 1,011 1,512
Rebate - 5% 7%
Total rebate £0 £21.25 £54.60

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

Loyalty Scheme Terms & Conditions

Features

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Risk Warning: Financial spread bets and CFD trades are leveraged products, which means you could lose more than your deposits. If you’re hazy on exactly what that means, you shouldn’t trade. Click here to read the full risk warning

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