Monthly CFD rebates structure
If you trade in high volumes, you can qualify for competitive monthly cash rebates^. Once you meet the minimum monthly notional value (NV) threshold in any asset class, you will receive rebates on the trades you make across all asset classes. Rebates are calculated on the volume traded in each asset class.
As an ongoing reward for traders, your rebates will now be calculated on the highest tier you qualify for, across all of your trading volume in that asset class.
How it works: Your total monthly CFD trade value for forex will need to be at least $25M to qualify for rebates. When you reach this level, you can earn either 5%, 10%, 15% or 20% depending on the tier you achieve.
Trading volume rebate example
Your total trade value in the month is $250m. You therefore achieve tier 3. The tier 3 rebate rate is 15% of the spread you have paid in the month. If you paid $1,000 in spread costs your monthly volume rebate = $150 ($1,000 x 15%).
|Level||Turnover Band||Spread Discounts|
|Level 1||$25M - $100M||5%|
|Level 2||$100M - $200M||10%|
|Level 3||$200M - $300M||15%|
|Level 4||$300M and above||20%|
Note: *M denotes million (USD)
All turnover limits and rebate amounts are calculated in USD and paid in your Account Currency.