Saxo Bank, the leading fintech and regtech specialist focused on multi-asset trading and investment, has introduced Saxo Rewards, a new, highly personalized loyalty program that offers traders and investors the opportunity to qualify for account upgrades by collecting reward points.

The scheme, now available to clients across the MENA region, is an interactive and progressive program across all major asset classes including CFDs, FX, Stocks and Bonds. Clients earn reward points for every qualifying trade made, as well as a variety of other activities. Accumulated points for trading activity will qualify clients for account upgrades and access to better levels of pricing and service.

Steve Weller, CEO Saxo Bank MENA Region, said: “Saxo Rewards is a perfect fit for our MENA clients, offering an experience that rewards them for their loyalty.  The program has been designed with the evolving needs and unique characteristics of the region’s investors and traders in mind. Our aim is to make it fully transparent and intuitive for our clients to understand the advantages they might qualify for, either in terms of account upgrades, better prices or higher levels of service.”

The Saxo Rewards scheme offers three tiers - Classic, Platinum and VIP. Qualifying for each tier will depend upon a client’s commitment and engagement in various factors including funding, trading and investment activity. Utilizing Saxo Bank’s world-class trading platforms, this transparent real-time and intuitive program ensures that trading and investment is rewarding for all active clients, including tips on how to earn points and acquire attractive savings through tier promotion.

“Saxo Rewards is powered by AI and big data allowing our clients to be able to monitor their rewards points balance in real-time for complete transparency,” said Weller. “This is just another example of Saxo Bank empowering traders and investors through utilizing our advanced technology and fintech expertise.”  

Future updates to the program will give active traders and investors additional ways to earn reward points and progress through our tiers, this could even include non-trading activities such as referrals, participating in educational content and attending events.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.