About Cashback Bonuses
Update November 2021: Zentrader offers a welcome cashback bonus of US$50 (JPY 5000 or IDR 500,000) to all new traders. Bonus funds will be credited to your balance once an initial 20 trades have been made on your account.
Zentrader offers cashbacks at various times throughout your trading journey. This could be for new clients (when a 20 trade minimum requirement has been met), as a limited time promotion or as part of the Zentrader Rewards loyalty program.
Our philosophy is to keep cashback bonuses simple and transparent as possible. Never will you see difficult terms and conditions or turnover requirements in order to withdraw, that is common in the industry.
How Cashback Bonuses Work
Once you receive a cashback, it will be added to your account but separate from your real funds.
The only requirement is that cashback bonuses must be traded a minimum of 1 times to redeem. After this point funds can be freely withdrawn, including the profits made on these trades.
Cashback amounts that haven’t been traded cannot be withdrawn and will be forfeit if real funds are withdrawn.
Cashback Bonus Example
If I deposit $50 and receive a $50 cashback, my total account balance is $100. I now need to make at least $50 in trades to redeem the cashback.
This could be 1 x $50 trade or 10 x $5 trades.
If I place 1 x $50 trade on USD/JPY (using all the bonus funds) with a payout of 195% and win, I receive back $97.50. The $50 investment + $47.50 profit.
My balance is now $147.50 and can be freely withdrawn.
If for example the trade was a losing trade, my original deposit of $50 remains and can be freely withdrawn.
The Zentrader Rewards loyalty program caters to active traders and provides cash back on trade volume.
Four tiers are available: Diamond, Gold, Silver and Bronze and the cashback amount increases as each tier is reached. See the volume required to reach each level here.
Volume is calculated on a calendar month basis and cashback amounts will be deposited into your account on the first day of the following month.
Further details on Zentrader cashback and bonuses can be found in our Help Centre.
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