Pepperstone Cashback Forex Rebates

Overall, Pepperstone offers cashback Forex Rebates to South Africans on the Standard Account of up to 0.3 pips and Razor Account of up to 12.857% of commissions paid.

A Quick Overview of our Pepperstone Cashback Forex Rebates Review:

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Pepperstone Rebates System Overview

Pepperstone’s Active Trader Program offers rebates to traders who qualify and engage in FX trading. As an added benefit, South African traders participating in the Active Trader Program are eligible for forex cash rebates and reduced trading commissions.

Furthermore, the greater your monthly trading volume, the larger your rebate. Various rebate tiers, minimum monthly net, rebates per currency lot, and rebates per trading volume are available.

As opposed to other rebate programs, Pepperstone’s forex cash rebates are paid daily and sent directly into your trading account on the day a position is ended.

Furthermore, with SA Shares, South Africans can register an account with Pepperstone to earn up to 30% in rebates according to the financial instrument they trade and the account type they use when participating in the rebates program.

Pepperstone Rebates Payments

Pepperstone’s rebates are distributed directly to traders’ accounts by various payment methods, including M-Pesa, POLi, Neteller, Skrill, UnionPay, PayPal, Visa, Bank Transfer, and more.

Pepperstone Conditions and Notes on Forex Rebates

• If South African traders are Pro customers of Pepperstone, they qualify for early access to the Active Trader Program’s first tier.
• Active Traders must meet the minimum trading volume requirements for at least three consecutive months.
• Japan, Belgium, France, and mainland Chinese residents are ineligible for rebates.
• There are three levels of participation in the Active Trader Program, as follows:
  • Those who trade less than 100 lots of currency each month receive the lowest rebate. The amount of the reimbursement is 10% of the expense, up to a maximum of $140.
  • Tier 2 of the Active Trader Program provides rebates of 15%, or $200-$500, to participants who trade 200-500 standard lots per month.
  • Third-Tier Traders are those who routinely deal 500 lots or more. Traders can contact their Pepperstone client manager for details on the rebate’s percentage and how it will be paid.
• When South African traders close a transaction, a rebate will be issued in US dollars, regardless of the account currency.
• Rebates are unavailable for accounts that are CySEC or BaFin registered.
• Rebates are unavailable for retail accounts in the EU or the United Kingdom.
• Spread-betting and Islamic accounts are ineligible for rebates.

How to Open a Forex Cashback Account with Pepperstone (via SAShares)

You can follow these steps to register for a Forex Cashback Account with Pepperstone via SAShares.

New Accounts

If you do not have an existing account with Pepperstone, you can easily obtain a cashback rebate in three easy steps.

Step 1

Visit the Pepperstone website and click “Open Account.”

Step 2

Submit your Trading ID to us: [SAShares]

For Example:

To: [SAShares]

Subject: New Pepperstone Rebate Application

“Dear SAShares Team,

Please view my Pepperstone Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

Step 3

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the Pepperstone system.

Existing Accounts

If you have an existing Pepperstone account, you can get a cashback rebate by following these easy steps.

Step 1

Send an email to Pepperstone: support@Pepperstone.com

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

For Example:

To: [SAShares]

Subject: Account Transfer Request

“Dear Pepperstone Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

Step 2

Once you receive confirmation of the transfer from Pepperstone, you can create an additional trading account.

Step 3

Lastly, you can send your Trading or Client ID to [SAShares].

For Example:

To: [SAShares]

Subject: New Pepperstone Rebate Application

“Dear SAShares Team,

Please view my Pepperstone Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.

Pepperstone Forex Rebates Frequently Asked Questions

How do I withdraw funds from my Pepperstone account?

To withdraw funds from your Pepperstone account, log in to the client area and select the withdrawal option.

Next, you will be asked to choose a withdrawal method and provide the necessary details. Pepperstone offers several withdrawal options, including bank wire, credit/debit card, and e-wallets like Neteller and Skrill.

How long does it take to process a withdrawal from Pepperstone?

Pepperstone processes withdrawal requests within 24 hours on business days. The time it takes for the funds to reach your account depends on the withdrawal method chosen.

However, bank wire withdrawals may take several business days, while e-wallet withdrawals are usually processed within a few hours.

Does Pepperstone offer a referral bonus?

Yes, Pepperstone offers a referral program that rewards clients who refer new traders to the broker. The referring client receives a cash bonus of up to $500 for each referred client who meets the program’s requirements.

What are the requirements to qualify for the Pepperstone referral bonus?

To qualify for the referral bonus, the referred client must open a live trading account with Pepperstone and trade at least 5 standard lots within 60 days of account activation.

Does Pepperstone offer a no-deposit bonus?

No, Pepperstone does not currently offer a no-deposit bonus.

Does Pepperstone offer a demo account for South Africans?

Yes, Pepperstone offers a free demo account for clients in South Africa. The demo account provides clients access to the same trading platform and instruments as the live account, allowing them to practice trading strategies without risking real money.

What is the minimum spread offered by Pepperstone?

The minimum spread offered by Pepperstone varies depending on the instrument traded. For example, the minimum spread for the EUR/USD currency pair is 0.0 pips, while the minimum spread for the US 500 index CFD is 0.4 pips.

What is the maximum leverage offered by Pepperstone to South African clients?

The maximum leverage offered by Pepperstone to South African clients is 500:1 for forex trading and 200:1 for trading on other financial instruments.

How do I deposit funds using Pepperstone Deposit USDT?

To deposit funds using Pepperstone Deposit USDT, log in to your Pepperstone client area and select the “Deposit” option. Then, select “USDT” as the deposit method from there and follow the instructions.

What is a Pepperstone swap-free account?

A Pepperstone swap-free account is an account type that allows traders to hold positions overnight without incurring any swap charges.

Can I earn rebates on a Pepperstone swap-free account?

No, per Pepperstone’s rebates terms and conditions, Islamic Accounts do not qualify for Forex rebates.