GTCFX becomes first to offer full rewards store where partners redeem luxury vehicles directly through partner's website.
Retail brokers merge IB and retail loyalty schemes to keep commissions circulating inside the platform.
Source: GTCFX's IB portal
Introducing
brokers (IBs) can win Mercedes G-Wagons, iPhones and gold bars without leaving
their partner portals, as retail brokers expand trader-focused loyalty programs
to include the affiliates who bring in clients.
GTCFX
recently launched what appears to be the first IB portal with an integrated
rewards store where partners can redeem cars using loyalty points, according to
Desmond Leong, CEO of Returning.AI, a gamified loyalty platform serving CFD
brokers.
The move
follows a broader shift across the industry, with brokers like JustMarkets,
Tickmill and FxPro running high-ticket IB contests offering luxury cars, Rolex
watches and cash prizes reaching 200,000 dol.
Desmond Leong, CEO of Returning.AI
“These
days IB loyalty programs are getting as much attention as retail trader loyalty
programs,” Leong told FinanceMagnates.com. “The items that IBs can
redeem range from iPhones to even G-wagons and gold bars.”
“The
interesting strategy I've noticed is that these days, they aren't 2 separate
loyalty programs (retail vs IB). They are a single loyalty program,” Leong
said. He believes part of the reason is “to encourage IBs to use the
commissions they earn, to then trade in their self directed accounts.”
Under
GTCFX's model, introducing brokers accumulate loyalty points both from the
trades their referred clients execute and from their own personal trading
activity. That dual-earning structure creates an incentive for IBs to redirect
commission payouts back into their own trading accounts rather than withdraw
the cash, keeping funds inside the broker's ecosystem.
Leong
previously worked at OANDA and Galaxy Trades before founding Returning.AI in
2021. His platform now powers loyalty programs for Infinox, Axi Select, Vantage Markets, OANDA Prop Trader, GTCFX, easyMarkets, IronFX and others.
Behavioral Shift Among Partners
The
approach is changing how affiliates behave. “The effects are quite
astounding,” Leong said. “IBs who never traded a lot in their life
started to move funds over to their self directed accounts to trade – but why?
Apparently, it was to get enough coins to redeem something nice before their
points expired. Or sometimes it was just to maintain a certain 'tier' in the
loyalty program.”
The
approach itself is new, but cars have long been a familiar element in the IB
industry.
JustMarkets
runs an 11-milestone partner loyalty program offering luxury cars (Lexus,
Infiniti, BMW, Acura), international vacations, elite watches and cash up to $200,000.
Partners must hit qualified trading volume targets, maintain at least 10 active
clients over three calendar months, and ensure at least 20 percent of total
qualified volume comes from the trailing 12 months.
Tickmill
launched an “ECO IB Contest” with an electric car as the top
prize, and separately ran a five-stage “IB
Grand Prix” from October 2024 through July 2025 distributing $125,000
in cash across regional circuits. FxPro offered a car worth up to $150,000 in
an Africa-focused partner campaign, with the option to take cash instead of the
vehicle.
Introducing
brokers (IBs) can win Mercedes G-Wagons, iPhones and gold bars without leaving
their partner portals, as retail brokers expand trader-focused loyalty programs
to include the affiliates who bring in clients.
GTCFX
recently launched what appears to be the first IB portal with an integrated
rewards store where partners can redeem cars using loyalty points, according to
Desmond Leong, CEO of Returning.AI, a gamified loyalty platform serving CFD
brokers.
The move
follows a broader shift across the industry, with brokers like JustMarkets,
Tickmill and FxPro running high-ticket IB contests offering luxury cars, Rolex
watches and cash prizes reaching 200,000 dol.
Desmond Leong, CEO of Returning.AI
“These
days IB loyalty programs are getting as much attention as retail trader loyalty
programs,” Leong told FinanceMagnates.com. “The items that IBs can
redeem range from iPhones to even G-wagons and gold bars.”
“The
interesting strategy I've noticed is that these days, they aren't 2 separate
loyalty programs (retail vs IB). They are a single loyalty program,” Leong
said. He believes part of the reason is “to encourage IBs to use the
commissions they earn, to then trade in their self directed accounts.”
Under
GTCFX's model, introducing brokers accumulate loyalty points both from the
trades their referred clients execute and from their own personal trading
activity. That dual-earning structure creates an incentive for IBs to redirect
commission payouts back into their own trading accounts rather than withdraw
the cash, keeping funds inside the broker's ecosystem.
Leong
previously worked at OANDA and Galaxy Trades before founding Returning.AI in
2021. His platform now powers loyalty programs for Infinox, Axi Select, Vantage Markets, OANDA Prop Trader, GTCFX, easyMarkets, IronFX and others.
Behavioral Shift Among Partners
The
approach is changing how affiliates behave. “The effects are quite
astounding,” Leong said. “IBs who never traded a lot in their life
started to move funds over to their self directed accounts to trade – but why?
Apparently, it was to get enough coins to redeem something nice before their
points expired. Or sometimes it was just to maintain a certain 'tier' in the
loyalty program.”
The
approach itself is new, but cars have long been a familiar element in the IB
industry.
JustMarkets
runs an 11-milestone partner loyalty program offering luxury cars (Lexus,
Infiniti, BMW, Acura), international vacations, elite watches and cash up to $200,000.
Partners must hit qualified trading volume targets, maintain at least 10 active
clients over three calendar months, and ensure at least 20 percent of total
qualified volume comes from the trailing 12 months.
Tickmill
launched an “ECO IB Contest” with an electric car as the top
prize, and separately ran a five-stage “IB
Grand Prix” from October 2024 through July 2025 distributing $125,000
in cash across regional circuits. FxPro offered a car worth up to $150,000 in
an Africa-focused partner campaign, with the option to take cash instead of the
vehicle.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
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