pepperstone rebate program for high volume - actually worth chasing?
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trade about 250 standard lots per month across mostly majors. pepperstone keeps emailing me about their volume rebate tiers. on paper it looks like i could shave 0.5-0.7 pip off my effective spread once i hit the next tier.
but i hear the tier requirements jump steeply once you actually start hitting them. and theres a 30 day reset which feels like a trap.
anyone actually in the higher rebate tiers there? is the rebate real and stable or does it shift every quarter?
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ive been in their tier 3 for about 8 months. rebate is real, paid every monday for the prior week, no missed payments. but the volume thresholds did get bumped up in october 2025 - tier 3 used to be 200 lots/month, now its 280. expect more creep over time.
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are you on the razor account? the rebate stacks differently if youre on standard vs razor i think. and does it apply to all instruments or just fx majors?
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razor only for the proper rebate. on standard the markup eats most of it. fx and metals count, indices and crypto on cfd dont count toward volume tier as of dec 2025.
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250 lots a month and worrying about half a pip. the brokers loving you either way buddy
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for an active scalper 0.5 pip on 250 lots is literally $1250+ a month. not nothing. depends on the edge of course.
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plan around it