Land Rover BAR
As official partner of Land Rover BAR we’re backing Sir Ben Ainslie’s team to bring the America’s Cup home.
At CMC Markets, we value our traders and offer monthly rebates to clients who trade with us in high volumes. This means that eligible clients who meet our monthly notional value trading requirements for an asset class will automatically qualify for monthly rebates in respect of all our asset classes.
At the end of each business day, the notional value of your trades in each asset class will be calculated. Then, at the end of each calendar month, the total notional value of all your trades in each asset class will be calculated by adding up your daily totals for that calendar month. The total monthly notional value for each asset class is then used to determine the rebate you are due.
Your rebate will be credited to your account on the second business day, following the end of the relevant calendar month. For example, the rebate you are due for October 2015 will be credited to your account by close of business (UK time) on 3 November 2015.
Our rebates are tiered (see the tables on the spread betting rebates page), so that the more you trade with us, the greater the monthly rebate you will receive.
Our monthly rebates are not available to all clients. In order to qualify for our monthly rebates you must be an eligible client and meet the minimum monthly notional value trading requirements outlined on the spread betting rebates page.
CMC Markets retains the right to withdraw or amend its monthly rebates at any time, without prior notice and at its sole discretion. Payment of any rebate does not represent a commitment to provide a rebate in the future.
Although our monthly rebates will usually be credited by close of business on the second London business day of the following calendar month, there may be occasions where it takes longer to process the payment and CMC Markets will not be liable for any such delay or for any (direct or indirect) loss caused by such delay. CMC Markets will also not be liable for any (direct or indirect) loss caused by a missed rebate payment.
Payment of a rebate should not form the basis of any decisions you make in relation to your account activity. Furthermore, a 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 us.
A rebate payment cannot be used to satisfy your total margin requirement, until such a time as the rebate payment has been credited to your account. Please note that normal rules and procedures in relation to account close-out will continue to apply and you should not rely on a rebate payment to prevent an account close-out.
For more information or to see whether you are eligible for monthly rebates or quarterly rebates, please contact our Client Management team on +44 (0)20 7170 8209.