INTRODUCTION
1. IG International Limited (Company number 54814), authorised and regulated by the Bermuda Monetary Authority, with its business address being Hamilton House, 10 Queen Street, Hamilton HM11, Bermuda and with its registered address being Canon’s Court, 22 Victoria Street, Hamilton HM12(“we, “us”, “IG” or “our”), will provide a cash rebate to new clients (the ‘Welcome Cashback Rebate’) in accordance with these terms and conditions (the ‘Terms’).
2. All capitalised but undefined terms used herein shall have the same meaning given to such terms as in the margin trading customer agreement governing your CFD account with us, as amended from time to time (the ‘Customer Agreement’). Nothing in these Terms limits our ability to exercise our rights in terms of the Customer Agreement. If any provision of these Terms conflicts with any provision of the Customer Agreement, the Customer Agreement shall prevail.
3. By entering into Transactions in Eligible Products you agree to participate in the Welcome Cashback Rebate and to be bound by these Terms.
ELIGIBILITY TO PARTICIPATE IN THE WELCOME CASHBACK REBATE
4. This Welcome Cashback Rebate starts on 1st September 2026. You may participate in the Welcome Cashback Rebate if you open and trade on a CFD account with IG (the “Account”) on or after 1st September 2026 and are a new client, not having previously held and account with IG or an IG group company (“Eligible Participant”).
5. Only Transactions that meet the eligibility criteria set out in these Terms will be allowed to receive a rebate under the Welcome Cashback Rebate.
6. The Welcome Cashback Rebate is only available for Transactions on forex (excluding ‘Forex Direct (DMA) trades), indices, commodities and shares (the ‘Eligible Products’). We will determine in our sole discretion into which category of Eligible Product a Transaction should be classified. For the avoidance of doubt, no cashbacks are payable in respect of options.
7. Types of Transactions that are not eligible for cashbacks will be determined by us in our sole discretion, but may include:
(a) Transactions that are subsequently cancelled, voided or reversed (either by yourself or by us);
(b) Transactions that are split into two or more other Transactions; or
(c) Transactions that are automatically generated, or otherwise not initiated by you (or on your behalf).
8. Subject to the other provisions of these Terms, new clients are eligible under this Welcome Cashback Scheme to receive rebates on the spread and commission paid on their Account (“Spread/Commission Paid”) for the first two calendar months of their Account being active.
9. Only Eligible Participants may take part in this Welcome Cashback Rebate, subject to IG’s discretion and these Terms.
WELCOME CASHBACK SCHEME DETAILS
10. We will calculate the Spread/Commission Paid during the first 30 days that you have an active Account (the “Welcome Period”). For example, if the activation of your Account occurs on 10th September, the Welcome Period will be considered 9th October.
11.The amount of Welcome Cashback Rebate an Eligible Participant is entitled to receive under this promotion depends on the total notional value traded during the Welcome Period and is set out in the table below:
| Total Notional Value of Qualifying Trades | Welcome Cashback Rebate off Trading Fees |
| <US$1,000,000 | Up to $25 |
| US$1,000,000 | $100 |
| US$10,000,000 | $250 |
| US$20,000,000 | $500 |
| US$50,000,000 | $2,500 |
*If notional value traded is below US$1,000,000, a client will be discounted $25 only if their trading fees meet or exceed $25. For example, if the trading fees incurred during the Welcome Period are $12, a Welcome Cashback Rebate of $12 will be rebated as a credit to their account.
12. The Welcome Cashback Rebates due to you under these Terms will be based on your trading within the Welcome Period and will be calculated at or about (21:59 UK time) on the last business day of the Welcome Period. Under no circumstances will you receive a cashback in excess of USD$2,500 under these Terms however you may be eligible to receive additional rebates in relation to the Welcome Period under other rebate schemes offered by IG, at our sole discretion.
13. If you opened your Account following a referral under an IG Refer a Friend Scheme or equivalent (a “RAF Scheme) any cashback you receive under this Welcome Cashback Rebate will be deducted from the amount which you would otherwise be eligible to receive under that RAF Scheme. You will receive any remaining balance due under the RAF Scheme in accordance with that scheme’s terms and conditions.
14. A client will be exempt from the IG volume based rebate scheme ("VBR Scheme") for the calendar month in which they place their first trade. However, no Spread/Commission Paid can be counted in the calculation of rebates due under more than one scheme. IG reserves sole discretion in determining eligibility for and calculation of amounts due under these Terms and any VBR Scheme. IG may deduct from rebates to be paid under any VBR Scheme any amounts already rebated under these Terms .
15. The Welcome Cashback Rebate will be calculated and paid out in US Dollars.
16. Welcome Cashback Rebate represents a rebate applied against IG’s trading fees (which includes spread, commission, overnight funding charges) incurred by you during the Welcome Period.
17. Any Welcome Cashback Rebate amount that you are entitled to receive by way of a rebate under these Terms will be credited to your account on or about the 5th of the second month following the calendar month of the first trade. For example, if the first trade is placed in September, the Welcome Cashback Rebate will be credited on or about the 5th of November.
GENERAL
18. We will not be held liable for any losses incurred by you as a result of your trading in relation to this Welcome Cashback Rebate. CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs with this investment provider as at June 30 2026– for an updated percentage please see the banner at the top of the website: ig.com/en. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
19. Any claim that you might have against us under or in relation to the Welcome Cashback Rebate must be brought within 90 (ninety) days after the date the alleged claim arose.
20. Where (i) any of these Terms are breached, (ii) your account has been suspended or closed in accordance with the provisions of the Customer Agreement; and/or (iii) there is any reason to suspect you have acted fraudulently or obtained an unfair or unintended advantage pursuant to this Welcome Cashback Rebate, we reserve the right to withhold or withdraw payment of all or part of a cashback or to prevent any attempted withdrawal of a credited cashback amount.
21. We are the sole arbiter of the Welcome Cashback Rebate, these Terms and any other issues arising under or in relation to the Welcome Cashback Rebate. We reserve the right, in our sole discretion, to (i) preclude you from participating in the Welcome Cashback Rebate; and/or (ii) alter, amend or terminate the Welcome Cashback Rebate or any aspect of it at any time and without prior notice, either as a whole or in relation to you only. If we make any changes to these Terms, we may notify you of such changes by posting the modified terms on our website. By continuing to trade us, you will be deemed to have accepted any such modified terms.
22. Any dispute or situation not covered by these Terms will be resolved by our management in a manner that we deem to be fairest to all concerned and that decision shall be final and binding on all parties. We reserve the right to refuse to pay out or to credit your account under the Welcome Cashback Rebate if (i) we have a reasonable belief that the Welcome Cashback Rebateis being abused in any way (including any form of manipulation of Transactions); (ii) we believe that the terms of the Customer Agreement have been breached in any way; and/or (iii) we have suspended or closed your account in accordance with the provisions of the Customer Agreement. We will not have any obligation to any person in terms of this Welcome Cashback Rebate if such person, in our sole opinion, abuses the spirit or intention of the Welcome Cashback Rebate.
23. If at any time all or any part of these Terms are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) shall not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Terms or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Terms.
24. If any tax arises in connection with the Welcome Cashback Rebate applied under these Terms, such tax will be your liability. Where applicable law requires us to account for tax in connection with the discount, we may adjust the amount of the Welcome Cashback Rebate accordingly.
25. These Terms shall be governed by and construed in accordance with English law and the courts of England and Wales will have non-exclusive jurisdiction to settle any legal action or proceedings arising out of or in connection with these Terms, including any non-contractual disputes and claims.
