Admiral Markets Cashback Reward is a popular loyalty program that offers traders the opportunity to earn cashback on their trading volume. This program is available to both new and existing Admiral Markets clients, and it can be a great way to reduce your trading costs and boost your profits.
In this comprehensive review, we will take a closer look at the Admiral Markets Cashback Reward program, including how it works, how much you can earn, and the eligibility criteria. We will also provide some tips on how to maximize your cashback rewards.
How Does Admiral Markets Cashback Reward Work?
The Admiral Markets Cashback Reward program is a simple and straightforward way to earn cashback on your trades. Each month, you will earn cashback based on your total trading volume. The cashback rate is 1 USD per million USD of notional volume. This means that for every million USD of trades you place, you will earn 1 USD in cashback.
Cashback is credited to your trading account automatically on the first five business days of each month. You can then use your cashback to offset your trading costs or withdraw it to your bank account.
How Much Can You Earn?
The amount of cashback you can earn with the Admiral Markets Cashback Reward program depends on your trading volume. However, even if you only trade a small amount of volume, you can still earn some cashback. For example, if you trade 100,000 USD per month, you will earn 0.10 USD in cashback. And if you trade 1 million USD per month, you will earn 1 USD in cashback.
Eligibility Criteria
To be eligible for the Admiral Markets Cashback Reward program, you must meet the following criteria:
You must be at least 18 years old.
You must have a verified live trading account with Admiral Markets.
You must agree to the Admiral Markets Terms and Conditions.
Tips for Maximizing Your Cashback Rewards
There are a few things you can do to maximize your cashback rewards with the Admiral Markets Cashback Reward program:
Trade more: The more you trade, the more cashback you will earn.
Trade larger lot sizes: Trading larger lot sizes will also increase your cashback rewards.
Take advantage of Admiral Markets' promotional offers: Admiral Markets often runs promotional offers that can increase your cashback rate.
Conclusion
The Admiral Markets Cashback Reward program is a great way to reduce your trading costs and boost your profits. If you are an Admiral Markets client, we encourage you to sign up for this program today.
