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Seasonal rebates

As a market leader in online trading, we offer competitive cash rebates for eligible clients who bet or trade in high volumes. During December 2016, we've halved the notional values required to qualify for cash rebates.

How do I qualify for the special seasonal rebates?

This December, if you meet the reduced minimum notional value requirements shown in the tables below, a cash rebate will be automatically credited to your account in January. Cash rebates can be earned on indices, commodities and FX bets or trades. Remember, if you meet the requirements for one asset class, you automatically qualify for rebates on the other two asset classes.

Cash rebate structure

Please note: any capitalised terms used herein shall have the same meaning given to them in the CMC Spreadbet PLC Financial Betting Terms of Business.

Indices
In order to qualify for the cash rebates on indices, your Bets on indices Products for December 2016 must be equal to or greater than 40 million (GBP) in notional value. If your betting activity in December 2016 meets this requirement, the following cash rebates will be available:

Cash rebate tiers	Notional value of indices Bets in December 2016 (GBP)	Cash rebates provided per million notional valueGBP)
Level 1	0m - 99.99m^*	£2
Level 2	100m - 199.99m^*	£5
Level 3	200m^* and above	£7

^*m denotes million (GBP)

Commodities
In order to qualify for the cash rebates on commodities, your Bets on commodity Products for December 2016 must be equal to or greater than 5 million (GBP) in notional value. If your betting activity in December 2016 meets this requirement, the following cash rebates will be available:

Cash rebate tiers	Notional value of commodity Bets in December 2016 (GBP)	Cash rebates provided per million notional value (GBP)
Level 1	0m - 19.99m^*	£3
Level 2	20m - 29.99m^*	£5
Level 3	30m^* and above	£7

^*m denotes million (GBP)

FX
In order to qualify for the cash rebates on FX, your Bets on FX Products for December 2016 must be equal to or greater than 25 million (GBP) in notional value. If your betting activity in December 2016 meets this requirement, the following cash rebates will be available:

Cash rebate tiers	Notional value of FX Bets in December 2016 (GBP)	Cash rebates provided per million notional value (GBP)
Level 1	0m - 199.99m^*	£5
Level 2	200m - 299.99m^*	£7
Level 3	300m^* and above	£10

^*m denotes million (GBP)

How are the cash rebates calculated?

At the end of each Business Day, the notional value of your Bets in each asset class will be calculated.
Then, at the end of December 2016, the total notional value of all your Bets in each asset class will be calculated by adding up your daily totals for that calendar month.
The total notional value for each asset class is then used to determine the cash rebate you are due.
The cash rebate should be credited to your Account by mid-January 2017.
The cash rebates are tiered (please see the tables above), so that the more you bet with us, the greater the cash rebate you will receive.

Conditions

Any cash rebates will only be paid for Bets between 1 December 2016 and 31 December 2016 (inclusive).
The cash rebates will not be available to all clients. In order to qualify for the cash rebates, you must be an eligible client and meet the minimum notional value betting requirements for December 2016 (please see the cash rebates structures above).
The cash rebate should be credited to your Account by mid-January 2017. However, there may be occasions where it takes longer to process a cash rebate payment. CMC Markets will not be liable for any (direct or indirect) loss caused by a delayed or missed cash rebate payment.
The cash rebate is subject to, and contingent upon, your compliance with the Agreement. In addition to any other rights and remedies we may have, any breach, or suspected breach, of the Agreement will entitle us to withhold paying the cash rebate without prior written notice, and/or reclaim payments previously paid pursuant to these terms.
The cash rebate should not form the basis of any decisions you make in relation to your Account activity. Furthermore, a cash rebate payment is not intended to limit your liability in respect of your Bets and may not be used to set-off any payment obligation you have to us.
A cash 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 cash rebate payment to prevent an Account Close-Out.
CMC Markets retains the right to withdraw or amend the cash rebate at any time, without prior notice and at its sole discretion. A cash rebate payment does not represent a commitment to make further payments in the future.
The above terms (including any dispute arising out of or in connection with them) shall be governed by the laws of England and Wales and shall fall within the exclusive jurisdiction of the English courts.

For more information or to see whether you are eligible for the December 2016 cash rebates, please contact our Customer Services team on +44 (0)20 7170 8209.

Cash rebate structure

Any capitalised terms used herein shall have the same meaning given to them in the CMC Markets UK PLC CFD Terms of Business.

Indices
In order to qualify for the cash rebates on indices, your Trades on indices Products for December 2016 must be equal to or greater than 40 million (GBP) in notional value. If your trading activity in December 2016 meets this requirement, the following cash rebates will be available:

Cash rebate tiers	Notional value of indices Trades in December 2016 (GBP)	Cash rebates provided per million notional value (GBP)
Level 1	0m - 99.99m^*	£2
Level 2	100m - 199.99m^*	£5
Level 3	200m^* and above	£7

^*m denotes million (GBP)

Commodities
In order to qualify for the cash rebates on commodities, your Trades on commodity Products for December 2016 must be equal to or greater than 5 million (GBP) in notional value. If your trading activity in December 2016 meets this requirement, the following cash rebates will be available:

Cash rebate tiers	Notional value of commodity Trades in December 2016 (GBP)	Cash rebates provided per million notional value (GBP)
Level 1	0m - 19.99m^*	£3
Level 2	20m - 29.99m^*	£5
Level 3	30m^* and above	£7

^*m denotes million (GBP)

FX
In order to qualify for the cash rebates on FX, your Trades on FX Products for December 2016 must be equal to or greater than 25 million (GBP) in notional value. If your trading activity in December 2016 meets this requirement, the following cash rebates will be available:

Cash rebate tiers	Notional value of FX Trades in December 2016 (GBP)	Cash rebates provided per million notional value (GBP)
Level 1	0m - 199.99m^*	£5
Level 2	200m - 299.99m^*	£7
Level 3	300m^* and above	£10

^*m denotes million (GBP)

How are the cash rebates calculated?

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 December 2016, 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 notional value for each asset class is then used to determine the cash rebate you are due.
The cash rebate should be credited to your Account by mid-January 2017.
The cash rebates are tiered (please see the tables above), so that the more you trade with us, the greater the cash rebate you will receive.

Conditions

Any cash rebates will only be paid for Trades between 1 December 2016 and 31 December 2016 (inclusive).
The cash rebates will not be available to all clients. In order to qualify for the cash rebates, you must be an eligible client and meet the minimum notional value trading requirements for December 2016 (please see the cash rebates structures above).
The cash rebate should be credited to your Account by mid-January 2017. However, there may be occasions where it takes longer to process a cash rebate payment. CMC Markets will not be liable for any (direct or indirect) loss caused by a delayed or missed cash rebate payment.
The cash rebate is subject to, and contingent upon, your compliance with the Agreement. In addition to any other rights and remedies we may have, any breach, or suspected breach, of the Agreement will entitle us to withhold paying the cash rebate without prior written notice, and/or reclaim payments previously paid pursuant to these terms.
The cash rebate should not form the basis of any decisions you make in relation to your Account activity. Furthermore, a cash 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 cash 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 cash rebate payment to prevent an Account Close-Out.
CMC Markets retains the right to withdraw or amend the cash rebate at any time, without prior notice and at its sole discretion. A cash rebate payment does not represent a commitment to make further payments in the future.
The above terms (including any dispute arising out of or in connection with them) shall be governed by the laws of England and Wales and shall fall within the exclusive jurisdiction of the English courts.

For more information or to see whether you are eligible for the December 2016 cash rebates, please contact our Customer Services team on +44 (0)20 7170 8209.

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