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How to earn
volume-based rebates
Are you an active trader? If so, you can get rebates on your spreads when you trade in specific volumes.
Find out what rebates are and learn how to qualify for our
volume-based rebate scheme.
Got questions? Chat with us anytime via web chat or WhatsApp to get started.
What’s on this page?
What is a volume-based rebate?
A volume-based rebate is one of the ways we reward you for your loyalty. The rebate you'll receive is based on a percentage of the spread or commission you paid on forex, indices, shares, commodities, bonds, rates and cryptocurrencies during the month.
We have a selection of monthly thresholds combining the total volume traded across those various asset classes.
You can get rebates depending on the spread or commission you've paid and you’ll receive the refund in your base currency.
How do I qualify?
To qualify for a monthly rebate on your spread or commission paid, you’ll need to have met the minimum notional volume traded on your account within a calendar month.
See our full terms and conditions to discover how much you’ll need to trade in each asset class to qualify for the different thresholds.
How much rebate do I get?
When your trading reaches pre-defined tiers, you’ll be eligible for a rebate. Depending on how much you’ve traded in the previous calendar month, your rebate will fall into one of our rebate tiers – see the tables below. This is a rebate of the spread and commission you have already paid.
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.
| Payment amounts are $/m traded | ||||||||||
| Tier | Trade Above (Notional $m’s) | Index | FX | Energies | Gold | Metals | Soft commodities | Bonds | Rates | Crypto |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 5 | 1 | 2 | 10 | 5 | 20 | 20 | 5 | 1 | 20 |
| 2 | 25 | 2 | 5 | 14 | 9 | 40 | 40 | 7 | 2 | 40 |
| 3 | 100 | 5 | 7 | 18 | 10 | 60 | 60 | 10 | 3 | 60 |
| 4 | 200 | 7 | 8 | 22 | 12 | 70 | 70 | 12 | 5 | 70 |
| 5 | 400 | 8 | 10 | 25 | 14 | 75 | 75 | 15 | 7 | 75 |
| Shares | ||
| Notional traded (USD per m) | Rebate | |
|---|---|---|
| Tier 1 | 1.5 | 5% |
| Tier 2 | 3 | 10% |
| Tier 3 | 6 | 15% |
| Tier 4 | 10 | 20% |
| Tier 5 | 15 | 25% |
How do the rebates work?
We work out your rebate using the following calculation: (USD million notional traded) x (rebate per million traded) = your rebate
Based on the notional value traded for the month, you’d fall into one of our five rebate tiers. Your rebate would then be calculated as a fixed payment per million traded, with differing rebates per asset class.
Here is an example:
If you were to trade a total notional value of $100 million for the month, you’d fall into Tier 3. This would qualify you for a rebate of $5 per million on indices, $7 on forex, $18 on energies and $10 on gold (see rebate table above).
The rebate per asset class would be calculated as follows:
Your total rebate for the calendar month would be $935
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* Total value is calculated based on the end-of-day FX rate on the rebate calculation date. All rebate amounts are calculated in British pound terms and paid in the account currency.
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