The fruits of the extended offer will kick into effect:

• On the 1st July 2010 for people opting in, in June

• The 1st August 2010 for opt ins in July

In this time, we challenge you to reach the Perfect 10.

As soon as you sign up and qualify,  you’ll get a 5bps (0.05%) reduction in your trading fees. (effective 1 July, 1st August 2010)

Not sure what a bps (Basis Point) is? Read more about in in our glossary >

For each of the people you have referred that sign up and qualify with Global Trader, you’ll get a further 5bps (0.05%) reduction in fees.

All members of the chain benefit from the reduction in trading costs  i.e. you all end up on the same costs, you will all receive exactly the same cost reductions

Or, if one of your referrals refers a friend who then signs up, you’ll also get a 5bps (0.05%) reduction in fees, as will the rest of the chain

So, the people you refer are just as incentivised as you to to refer and sign up more people so that ultimately,  the entire group benefits from the overall Market Makers Profit Margin fee reduction to 10bps (0.1%) per trade, the Perfect 10.

• Say you start with 50bps (0.5%) Market Makers Profit Margin fee per trade

  • When you sign up, your Market Makers Profit Margin will be reduced by 5bps (0.05%) (effective as of 1st June 2010)

  • You’ll now be on 45bps (0.45%) per trade.

• You refer your friend Nicol plus 3 other friends

• Nicol decides to sign up.

  • When he does this, you and Nicol both get a 5bps (0.05%) reduction in Market Makers Profit Margin.

  • You’ll now both be on 40bps (0.4%) per trade.  

• You realise that the more people you introduce, the greater your reduction in Market Makers Profit Margin will be, all the way down to 10bps (0.1%) and so you encourage Nicol to refer more people.

• He refers his friend Charles, who signs up.

  • This now puts the three of you on a 35bps (0.35%) Market Makers Profit Margin.

• Charles refers 4 friends, but only two of his friends, James and Paul sign up.

  • This amounts to a further 10bps reduction in Market Makers Profit Margin (5bps per signed up person) for the group

  • You are now all on a 25bps (0.25%) commission per trade

• Finally Paul refers 4 friends, and 3 sign up

  • This results in a final Market Makers Profit Margin of 10bps (0.1%) 

You’ve reached the Perfect 10 through a group effort!

• Once 10bps has been reached, you will not  qualify for further reductions beyond this, but you’ve accomplished an 80% reduction in your overall trading fees, whilst increasing your service options and functionality.

• The chain never ends. Anyone who signs up after the groups has reached its target benefits fros the group's reduced trading fee

• But don't stop referring: You stand a chance of winning R10 000 in your trading account if you send through the most referrals who sign up

Once you've received your account confirmation and details, login to your EQ Trader account using your login details

You'll see a Perfect 10 banner on your "My Account" page, explaining the steps you'll need to take before you begin to qualify for reduced trading fees

   The Net Asset Value (sum of Trust Account + Margin Account) of your account must be in line with the requirements above

  Your FICA details must be up to date

  If you haven't already done so, you'll need to complete a What's Stopping You Self Evaluation

  Your Email address and cell phone number must be up to date

Once you've gone through all these steps, the sign up button will become active, and you’ll get a 5bps (0.05%) reduction in your trading fees. (effective 1 June 2010)

You'll be sent an Email, explaining your next steps you'll need to take in order to further reduce your Market Makers Profit Margin fees:: Creating the Perfect 10 Chain

To qualify for the Perfect 10 offer, you'll need to have an existing EQ Trader (CFD) Account, or open an EQ Trader (CFD) Account.

If you already have an EQ Trader account to opt in to this offer.

Please use your normal Global Trader platform login details to access your Perfect 10 dashboard which is in your account area on this website.

If you do not have an EQ Trader account,  for an account

Depending on the Net Asset Value (sum of Trust Account and Margin Account) of your EQ Trader Account, you qualify for either a Gold or Platinum 10 Year Club Account.

If the Net Asset Value of your account is greater than R 50 000  but less than R 250 000, you qualify for the Gold 10 Year Club for a monthly fee of R250

If the Net Asset Value of your account is greater than R250 000, you qualify for the Platinum 10 Year Club at no extra charge.

 Qualifying platinum clients will start at 35bps and once opted in and qualified clients will go down to 30bps. 

80 % Reduction in Trading Fees

Among other benefits such as telephone trading, free webinars and additional services, you also qualify for a reduction on your CFD Trading Fees from 50bps (0.5%) to as little as 10bps (0.1%) per trade.

Not sure what a bps (Basis Point) is? Read about in in our glossary >