CMC Markets Professional account

1. Capitalised terms used but not defined in these rebate terms and conditions (“Rebate Terms”) have the meaning set out in the CMC Markets Germany GmbH (“CMC Markets”) CFD terms of business, the CMC Markets MT4 terms of business (as applicable and hereinafter referred to as “Terms of Business”).

2. The monthly rebates granted in accordance with these Rebate Terms are only available to Professional Clients of CMC Markets residing in EEA countries. To qualify for the monthly rebates, Professional Clients must fulfil the minimum trading volume requirements (notional value of trades) specified above under the section “monthly CFD rebate structure”.

3. For each calendar month that we offer the rebate to you, we will calculate the total value of trades that you place within the relevant asset class(es) on the Platform during that calendar month. Following the end of that calendar month, we will credit your Account with a rebate amount calculated in accordance with clause 3 of these Rebate Terms. Subject to these Rebate Terms, your rebate amount will usually be credited to your Account within the first few days of the following calendar month.

4. Although the monthly rebates are usually paid within the first few days of the following calendar month, it may take longer to process the payment. CMC Markets will not be liable for any direct or indirect loss caused by a delayed or missed rebate payment.

5. Rebates will be calculated daily in Euros in accordance with the provisions above under the section “monthly CFD rebate structure”, converted to your Account Currency (if necessary) using the Currency Conversion Rate and credited to your Account during the calendar month following the calculation period. Notwithstanding the foregoing, the rebates under these Rebate Terms shall only be due and owing at the point of crediting by CMC Markets in its sole discretion.

6. All rebate payments shall be inclusive of any value added taxes or similar consumption taxes as applicable.

7. If you achieve a certain tier in one asset class, you automatically qualify for tier 1 rebates for all other asset classes traded and listed in these Rebate Terms. Following that there will be no cross-triggering across asset classes for rebates above tier 1. Rebates for tiers above tier 1 for each asset class shall only be triggered in accordance with the monthly turnover thresholds for that particular asset class as specified in clause 3 of these Rebate Terms.

8. The rebate amount rate for a particular asset class will be calculated based on the highest tier achieved for that asset class.

9. We will aggregate all monthly turnover trading value amounts for a particular asset class across all your Accounts registered to the same email address when determining the tier for rebates. The relevant portion of your rebate amounts will be credited to your respective Accounts based on the turnover generated by each individual Account.

10. CMC Markets reserves the right to withdraw the rebate program or amend these Rebate Terms (including the calculation methods specified above under the section “monthly CFD rebate structure”) at any time without giving prior notice. Even repeated unconditional rebate payments do not constitute a commitment to make further payments in the future.

11. CMC Markets reserves the right to cancel any rebate payments where, in CMC Markets’ view, transactions are made to manipulate the rebate process.

12. Rebates are subject to, and conditional upon, your compliance with these Rebate Terms and the Terms of Business. In addition to any rights and remedies CMC Markets may have, any breach or suspected breach of these Rebate Terms and/or the Terms of Business will entitle CMC Markets to stop paying the rebates immediately and without prior written notice and/or reclaim any rebate payments already paid under these Rebate Terms.

13. Nothing in these Rebate Terms limits CMC Markets’ ability to exercise its rights in accordance with the Terms of Business.

14. The rebate payment should not form the basis of any decisions made in relation to potential trades or Account activity. Furthermore, the rebate payment is not intended to limit your liability in respect of your trades and may not be used to set-off any payment obligation you have to CMC Markets.

15. A rebate payment cannot be used to satisfy your total margin requirement, until such time as the payment has been credited to your Account. Please note that normal rules and procedures in relation to an Account Close-Out will continue to apply and you should not rely on a rebate payment to prevent an Account Close-Out.