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.
16. CMC Markets’ decisions in any matter in relation to the rebates granted under the Rebate Terms will be final and conclusive. All valuations and calculations for the purposes of the rebates hereunder will be determined by CMC Markets and are final and binding.
17. The rebate will not be payable in respect of trades that are subsequently voided, reversed or cancelled by CMC Markets in accordance with the Terms of Business and related documents. If the rebate has already been paid in respect of trades that are subsequently voided, reversed or cancelled by CMC Markets, then CMC Markets will deduct the rebates already paid in respect of such trades from your Account.
18. To the extent there is a conflict between any bespoke rebate payments you may be receiving from CMC Markets and these Rebate Terms, the terms of any bespoke rebate payments shall prevail unless CMC Markets informs you otherwise in writing.
19. CMC Markets will not be liable to you in relation to this rebate offer (including for any losses arising as a result of use of this offer) and the limitation of liability provisions of the Terms of Business shall apply to this offer as if set out here in full.
20. Countdowns are excluded from the rebate scheme across all asset classes.
21. FX Active Accounts, which are subject to the FX Active Trader Pricing Scheme Terms and Conditions or the FX Active Trader Pricing Scheme Terms and Conditions – MT4 Platform, are excluded from volume rebates on the FX asset class.
22. Spectre Accounts, which are subject to the Spectre Spreadbet Terms of Business, are also excluded from the rebate scheme across all asset classes.
23. These Rebate Terms (including any dispute arising out of or in connection with them) are subject to the laws of England and Wales and the exclusive jurisdiction of the courts of England and Wales.