Volume-based cash rebates

Trading regularly? You could get monthly cashback. Check out our rebates for high-volume traders - with special rates for Pro level 2 clients.

Start trading today. Call 1800 601 799 or email newaccounts.au@ig.com. We’re here 24 hours a day, except from 7am to 1pm Saturdays (AEST).

Contact us: 1800 601 799

Start trading today. Call 1800 601 799 or email newaccounts.au@ig.com. We’re here 24 hours a day, except from 7am to 1pm Saturdays (AEST).

Contact us: 1800 601 799

How do I qualify for a cash rebate?

Trade in the minimum monthly volume required on forex, indices, commodities or shares in the past calendar month, and you’ll qualify.

Depending on how much you’ve traded, your rebate will fall into one of our three rebate tiers – see the table below for details. Plus, if you qualify for a rebate in one asset class, you’ll also get a rebate at the same tier for all of the other asset classes you trade – regardless of whether you’ve met the notional trade volume in that asset class.

  • Forex rebates
  • Indices rebates
  • Commodities rebates
  • Shares rebates
Notional traded
(USD per m)
Retail & Pro Level 1
(USD per m)
Pro Level 2
(USD per m)
Tier 1 25 $5 $6
Tier 2 200 $7 $8
Tier 3 300 $10 $11
Notional traded
(USD per m)
Retail & Pro Level 1
(USD per m)
Pro Level 2
(USD per m)
Tier 1 40 $2 $3
Tier 2 100 $5 $6
Tier 3 200 $7 $8
Notional traded
(USD per m)
Retail & Pro Level 1
(USD per m)
Pro Level 2
(USD per m)
Tier 1 5 $5 $7
Tier 2 20 $7 $9
Tier 3 30 $9 $11
Notional traded
(USD per m)
Retail & Pro Level 1
commission
Pro Level 2
commission
Tier 1 1.5 5% 10%
Tier 2 6 10% 20%
Tier 3 10 20% 30%

See our full Terms and Conditions.

How do the cash rebates work?

We work out your rebate using the following calculation:
(USD million notional traded) x (rebate per million traded) = your rebate

Example A: forex

If your notional trade value on forex is US$300 million for the month, you’d qualify for a tier three rebate of US$10 per million traded. So using the below calculation, your monthly rebate would be US$3000 – or AU$4100.

300 (USD million notional traded) x 10 (rebate per million traded) = US$3000 or AU$41001

Example B: indices

During the same month your notional value on indices is US$35 million. But because you met the tier three threshold on forex, you also qualify for the tier three rebate of US$7 per million on indices.

35 (USD million notional traded) x 7 (tier 3 rebate per million traded) = US$ 245 or AU$3301

So your total rebate for the calendar month would be AU$4100 + AU$330 = AU$44301
1 Total value is calculated based on the end-of-day FX rate on the rebate calculation date. All rebate amounts are calculated in US dollars and paid in the account currency.

When do I get my cash rebate?

Your rebate will be automatically paid into your IG account on or about the eighth business day of the month – if you qualified in the previous calendar month. We’ll email you when your rebate has been processed.

Why do we offer a cash rebate?

As a high-volume trader, you’re one our most valued clients. Offering you cash rebates on the spreads you’ve paid is one way we can say ‘thank you’ for trading with us. How you use your cash rebate is your choice – either withdraw it or use it to open new trades.

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FAQs

What is a cash rebate?

A cash rebate is a portion of money that gets refunded to a client when they make a purchase in a specified time frame.

What are rebates in trading?

A trading rebate is a portion of money that a trader gets back in relation to the trades they’ve placed.

What is a difference between a rebate and a refund?

A rebate is when you receive back a portion of money you have already paid for entering a transaction. A refund is when you receive money back for an unsuccessful transaction.

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