Top 5 Elements Of The Pepperstone Qantas Scheme
Introduced in 2016, Pepperstone introduced the Qantas rewards program.
Below focuses on the main Pepperstone Qantas questions you may have:
- What joining bonus can I receive?
- How can I receive points from trading?
- What are the terms and conditions?
- How can I view my points balance?
The Pepperstone Qantas Joining Bonus
Pepperstone offer new clients up to 10,000 Qantas frequent flyer points. This is based on a new clients deposit with a trader earning 10 points per Australian dollar. This 10 point per dollar works up to a $1,000 deposit with a maximum bonus of 10,000 points.
To be eligible for the the bonus a trader needs to open or link a Qantas Frequent Flyer membership to their new trading account. The client can’t have previously funded a Pepperstone account. The eligible Pepperstone client must traded five (5) full Major FX lots to receive there bonus including AUD/USD, USD/JPY and EUR/USD. Some crosses and minor currency trades are also included. Exotics, Indices, Commodities and Futures are all excluded from the Pepperstone Qantas first deposit bonus scheme.
The first deposit Qantas points will be awarded at the beginning of the subsequent calendar month. This will occur after the the final (5th) trade is executed. It should be noted that each of the 5 trades must bust be open for at least 5 minutes each.
Earning Qantas Points From Trading With Pepperstone
Pepperstone eligible traders can earn up to 10 Qantas points per forex lot traded. This is capped at 10,000 points each calendar month. The forex lots that are eligible are shown on the table below.
|Major Currency Pairs||Minor Currency Pairs||Crosses||Indices|
Like when earning the Pepperstone Qantas joining bonus, to be eligible a trader first needs to join the Qantas frequent flyer program and/or link there account to Pepperstone. This can be done in the secure client area within the ‘rewards’ tab as shown below. When also applying for a new trading account the option to enter frequent flyer points are also offered.
As mentioned above, the maximum each calendar month of frequent flyer points received is 10,000. The Qantas points are then rewarded the following month to the trader and the next batch of up to 10,000 points can be earned. Some metals, futures and energy trades can also attract Qantas points.
Qantas Points Terms And Conditions
There are three main terms you should be award of for the Qantas Frequent Flyer offer.
1) You Need to Join Qantas Frequent Flyer Program
To be eligible for either the joining bonus or receiving points based on trades you need to join Qantas frequent flyer program. This can incur a fee but Pepperstone clients can get a membership for free. They just need to click on the Qantas Pepperstone membership link.
2) You Need To Be From Certain Countries
Residents within Australia, South Africa or Malaysia are eligible to earn frequent flyer points. There are standard Qantas frequent flyer rules and conditions which should be understood when joining.
3) The Pepperstone Account Must Match The Qantas Account
To receive Qantas points the Pepperstone account and Qantas Frequent Flyer account must be linked. This requires the name to be the same between both account.
Viewing Your Pepperstone Qantas Points Status
The Pepperstone secure client area is the location to view the account details and Qantas points balance. Pepperstone clients that can receive Qantas points can view this ‘rewards’ section over the month. The total points rewards can be viewed here as can the amount earned in the current month. Just switch to the history section to move from the month to overall view.
Final Thoughts On Pepperstone
The Pepperstone Qantas bonus is just one of the reasons to consider the forex broker. You can view the review of Pepperstone where other key strengths of Pepperstone are discussed. This included there Australian Financial Service Licence, low spreads and commissions, fast execution speeds, strong Pepperstone reviews and forex trading platform. They have also won many awards for there customer service, education to risk management features.
Only EasyMarkets beats Pepperstone but only for risk adverse traders new to forex. If your on the other-hand intermediate to experienced and looking for a reputable broker, then Pepperstone is the recommended forex broker of choice.