Forex volume rebate

Forex rebate example

If you were to trade USD$200 million of notional value in one calendar month, you would receive a rebate of $1600 (calculation basis $8.00 rebated per million traded).

Please note:

• The period over which monthly rebates are calculated begins and ends with the start and finish of each calendar month in UK time. As forex markets are traded 24 hours, there will be a short period at the start and end of each month when the rebate period is not in sync with the calendar month in Singapore, due to the time difference with the UK.
• Forex rebates apply to our spread based CFD offerings, which includes contracts traded via MT4. It is not paid on contracts traded via our DMA Forex Direct offering. Forex Direct charges are on a commission based structure.

Terms and Conditions

1. The terms of the offer are as set out above 2. The offer does not apply to DMA trades 3. Any rebate due will be calculated on the trading volumes at 21.59 UK time at the end of each calendar month and credited to your account approximately by the 10th of the following month. 4. If, acting reasonably, we hedge any of your trades in the underlying market, any such trade will not be counted as a trade for the purpose of this offer. 5. If you cancel a trade it will not be counted as a trade for the purpose of this offer. 6. We reserve the right to alter, amend or terminate the rebate offer, or any aspect of it, at any time and without prior notice. We may make changes to the terms of the rebate offer and will notify you by posting the modified terms on our website. By continuing to trade you will be deemed as having accepted any such modified terms. 7. Any dispute will be resolved by our management in a manner it deems to be fairest to all concerned and that decision shall be final. We reserve the right to refuse to pay out under the offer if we have reasonable belief that the offer is being abused or the terms of our customer agreement are breached in any way.