Complete 12 consecutive months in a qualifying membership and meet the programme requirements to receive simulated trading credit based on the net membership amount Smart Online Trader received, excluding applicable processing fees. The credit itself cannot be withdrawn. You may withdraw your 50% share of eligible verified net trading profits, subject to the Preferred Broker’s terms. No profit is guaranteed.
12 Months
Complete 12 consecutive months of active membership to qualify for the Rewards Rebate.
Month 13
Your Rebate Account is activated on or before the end of Month 13, the calendar month after your qualifying period ends.
100%
Your Rebate Credit equals the full net amount Smart Online Trader received for your membership tier. Finance related costs are excluded.
50/50
Verified net trading profits are split equally between you and the Preferred Broker. Only your 50% share is withdrawable.
Conditions apply. The Rewards Rebate is a simulated trading credit, not a cash refund, and no profit is guaranteed. Full eligibility and forfeiture terms below.
The process
How the Rewards Rebate works
Four steps. Twelve months. One simulated funded account in your name.
- Enrol in an Eligible Programme
Join a qualifying Performance Academy programme. Eligibility is confirmed in your signed Purchase Agreement. The Rewards Rebate does not apply to stand-alone Performance Lab fees, Advanced Trade Tech subscriptions, or one-off coaching sessions. - Complete 12 Consecutive Months
Stay active, keep payments up to date, and meet the participation and learning requirements in your Purchase Agreement. Smart Online Trader will not increase these requirements without at least 30 days' written notice. - Receive Your Rebate Credit
After meeting all requirements, Smart Online Trader activates your Rebate Account with the Preferred Broker by the end of Month 13. Your Rebate Credit equals the membership amount paid, whether by instalments or lump sum.Example Timeline
Start: 1 June 2025 → Qualify: 31 May 2026 → Rebate Credit: By 30 June 2026 (Month 13). - Trade & Keep 50% of Profits
Your Rebate Account operates like a Simulated Funded Account using your Rebate Credit as the starting balance. Trade the account and withdraw 50% of eligible profits to your bank account or e-wallet, subject to the Preferred Broker's Simulated Funding terms.
Important: The Rebate is not cash. It is a non-withdrawable credit applied to a Simulated Funded Trading Account. Only 50% of eligible trading profits may be withdrawn. Profit is not guaranteed.
Rebate calculation
Your Rebate = exactly what Smart Online Trader received
The Rebate Credit is equal to the net amount Smart Online Trader actually received from you for your qualifying membership. Here's how that plays out in practice:
- Upfront (lump sum) payment - Rebate Credit equals the total paid directly to Smart Online Trader, excluding bank or processing fees deducted at payment.
- Monthly instalment plan - Rebate Credit equals the cumulative sum of all monthly instalments paid directly to Smart Online Trader over 12 months.
- Any finance related costs, including interest, credit life insurance, and admin fees, are excluded.
- Bank return charges, debit order return fees, or card processing charges are excluded.
Profit split
When you trade on your Rebate Account
Verified net profits are split 50/50 between you and the Preferred Broker.
The Preferred Broker provides the trading platform, simulated liquidity, and account infrastructure in return for its share.
50%
You (Client) - withdrawable
50%
Preferred Broker - infrastructure
Why 50/50 is the honest number
The Preferred Broker provides the trading platform, the simulated liquidity, the account infrastructure, and the withdrawal processing. Its 50% share is what pays for that infrastructure. Your 50% share is real, verified, and withdrawable to your bank account or e-wallet once the broker's verification and minimum threshold requirements are met. We publish the split upfront because a number you only discover after joining is not a split - it is a surprise.
Your 50% profit share is the only portion you may withdraw. Withdrawals are processed exclusively by the Preferred Broker subject to their identity verification, minimum thresholds, and Simulated Funding terms.
Straight answers
Read this before you join
We would rather you read this before joining than discover it after.
"So I am just trading my own money back?"
No - and it is worth being precise about why. The Rebate Credit is not a refund and it is not your cash returned to you. It is simulated trading capital equal in value to what you paid for your education. Your membership buys you 12 months of structured learning, mentoring, and community. The Rebate then converts that same amount into a second opportunity: a simulated funded account you can trade for withdrawable profit, without depositing new capital of your own. You received the education either way. The Rebate is what comes after it.
"Who is the Preferred Broker? Why is it not named on this page?"
The Preferred Broker is disclosed in full in your Purchase Agreement before you sign anything. Nothing is revealed after commitment that was not shown to you before it. We name our partners in your agreement rather than in our advertising because our programme, not the broker's brand, is what you are joining.
"What is the catch?"
There are conditions, and they are all on this page: 12 consecutive months of active membership, payments in good standing, participation milestones met, and no material breach of your agreement. The forfeiture rules are published below in full. If a rewards programme you are comparing us to does not publish its forfeiture terms on the page, ask why.
Who qualifies
Eligibility Requirements
All five conditions must be met on your Rebate Credit Activation Date.
- Eligible Programme Enrolment
Your signed Purchase Agreement must expressly confirm the Rewards Rebate benefit. Not all tiers qualify - check your agreement. - 12-Month Active Engagement
You must remain actively engaged throughout the full, uninterrupted 12-month qualifying period from your Commencement Date. - Required Levels achieved
Specific participation milestones and learning benchmarks are set out in your Purchase Agreement or communicated within 30 days of your Commencement Date. - Payments in good standing
Your payment record with Smart Online Trader must be current. A direct payment to a financier does not substitute for a direct payment to Smart Online Trader. - No material breach of T&Cs
You must not be in material breach of your Terms and Conditions of Purchase or any other Smart Online Trader agreement on the Rebate Credit Activation Date.
Payment rules
Missed payments - what happens
Life happens. Smart Online Trader builds in a 21-day window to catch up before your qualifying period is affected.
| Scenario | What happens | Impact on Rebate |
|---|---|---|
| Missed instalment - paid within 21 days | Smart Online Trader notifies you within 3 business days. You have 21 consecutive calendar days from the original due date to pay the missed instalment in full. | No impact - qualifying period continues uninterrupted |
| Missed instalment - NOT recovered within 21 days | Your qualifying period restarts once the arrears are settled and your account returns to good standing. | Period restarts - a new 12-month qualifying period and a new Month 13 activation date apply |
| More than 2 missed payments in any rolling 12-month period | Smart Online Trader reviews your programme standing in terms of your Purchase Agreement and notifies you of the outcome in writing. | Potential disqualification from the Rewards Rebate |
Non-transferable
The Rebate is personal to you
The Rewards Rebate and Rebate Account are issued exclusively in the name of the qualifying Client. They cannot be:
- Transferred, ceded, sold, pledged, or assigned to any third party
- Inherited or passed to an estate or successor
- Converted into a cash payment or a credit against other Smart Online Trader purchases
Forfeiture conditions
When the Rebate is forfeited
The Rebate Credit entitlement is forfeited (without compensation) if any of the following apply before or on the Rebate Credit Activation Date:
- Programme or Purchase Agreement cancelled in accordance with your Terms and Conditions of Purchase
- Smart Online Trader account suspended or terminated for breach of T&Cs
- Payment arrears to Smart Online Trader on the Activation Date
- Required Levels not achieved by the Activation Date
- Disqualified under repeat missed payment rules
- Qualifying period restarted and new 12-month period not completed
Broker Terms Apply:
Your Rebate Account is governed by the Preferred Broker's terms. Smart Online Trader cannot override Broker rules. You are responsible for reviewing those terms and any applicable taxes.
Common questions
Rewards Rebate FAQs
Is the Rewards Rebate a cash refund?
No. The Rebate is a simulated trading credit, not a cash payment. It is applied as the starting balance of a Simulated Funded Trading Account in your name. The credit itself can never be withdrawn - only your 50% share of verified net trading profits can be withdrawn.
How much is my Rebate Credit worth?
Your Rebate Credit equals the net amount Smart Online Trader SA actually received from you for your qualifying membership, whether you paid upfront or by monthly instalments. Finance related costs such as interest, credit life insurance, admin fees, and bank or card processing charges are excluded.
When do I receive my Rebate?
Your Rebate Account is activated on or before the end of Month 13 - the calendar month after your 12-month qualifying period ends. Example: start on 1 June, qualify on 31 May the following year, and your Rebate Account is active by 30 June.
What do I need to do to qualify?
Five conditions: be enrolled in an eligible programme confirmed in your Purchase Agreement, complete 12 consecutive months of active membership, achieve the participation and learning milestones in your agreement, keep your payments in good standing, and not be in material breach of your Terms and Conditions. All five are published in full on this page.
What happens if I miss a payment?
You have 21 consecutive calendar days from the original due date to pay a missed instalment in full, with no impact on your qualifying period. If the arrears are not recovered within 21 days, your qualifying period restarts. More than 2 missed payments in any rolling 12-month period can lead to disqualification from the Rewards Rebate.
Why does the Preferred Broker receive 50% of profits?
The Preferred Broker provides the trading platform, simulated liquidity, account infrastructure, and withdrawal processing for your Rebate Account. Its 50% share funds that infrastructure. Your 50% share is the only portion that may be withdrawn, subject to the broker's verification and minimum threshold requirements.
Can I transfer my Rebate or convert it to cash?
No. The Rebate is personal to the qualifying client. It cannot be transferred, ceded, sold, pledged, assigned, inherited, converted into a cash payment, or used as credit against other Smart Online Trader SA purchases. Trading involves risk and no profit is guaranteed.
Eligibility
Check your eligibility
The Rewards Rebate is available on selected Performance Academy tiers. Your signed Purchase Agreement confirms your eligibility before you commit - not after. Ask us which tiers qualify.
Check my eligibility