Mudrex Introduces New Six-Tier Alpha Rewards Program

Indian crypto brokerage Mudrex has overhauled its Alpha loyalty program with a new tiered structure that rewards higher trading volumes with lower fees and exclusive perks. The revamped system, announced via the company blog, replaces the previous flat membership model with six Alpha tiers determined by a user's rolling 30-day trading volume.

Under the new setup, spot trading volume is measured in Indian rupees (INR) and futures volume in USDT; the higher of the two determines a trader's tier. Non-Alpha users pay 0.45% on spot trades and 0.050% on futures, while Alpha 1 members (spot volume ₹2L–₹10L or futures volume $500K–$2M) receive a 0.42% spot fee and 0.048% futures fee. Top-tier Alpha 6 members – those with spot volume exceeding ₹50 crore or futures volume above $250M – pay just 0.12% on spot and 0.030% on futures.

All Alpha tiers enjoy zero-fee INR withdrawals, compared to a 1% fee for non-members. Other perks include faster support response times (ranging from 12 hours for Alpha 1 down to one hour for Alpha 6), a dedicated relationship manager from Alpha 1 upward, and exclusive market insights via the “Alpha Report”. Members in Alpha 4 and above receive invitations to VIP meet-and-greet events with crypto and finance experts.

Tier status updates automatically each day at 6 AM based on the previous 30 days of trading activity. No additional sign-up is required – users qualify as soon as they hit the volume threshold for Alpha 1 or higher. Existing Alpha members will be transitioned to the new system automatically. Mudrex says the changes are designed to reward active traders with competitive rates and personalised support, without requiring a minimum portfolio balance.