Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Volume based rebates

Get monthly rebates for trading with IG. If you're a regular trader, you could be eligible for automatic monthly rebates based on your trading activity.

Why does IG offer volume based rebates?

We believe valuable clients deserve valuable benefits - and we show our gratitude to high-volume traders with automatic volume based rebates on the spreads they've paid. If you meet certain thresholds of notional value in forex trading each month, you'll receive a percentage of your spread back.

You're free to withdraw the rebate or use it to open new trades.

How do I qualify?

To qualify, you will need to have traded the minimum monthly volume within a calendar month. When you trade the minimum notional amount (USD million) of volume required monthly, you'll be reward with an automatic monthly rebate for each notional million traded.

Rebates are automatically credited on or around the 10th of the following calendar month.

To see full details click here.

Forex rebates

Notional traded (USD m)

Spread Rebate

Tier 1 $100m 5%
Tier 2 $250m 10%
Tier 3 $500m 15%

How it works

Spread is calculated as half the difference between the bid and offer prices for the contract traded. The percentage rebate is calculated from the tier applicable to each month's trading, based on the notional USD volume traded that month.

For example, in January you open and close a transaction for 10 contracts of USD/JPY ($1 million notional) which has a pip value of JPY 10,000. Your total volume in the month was $330m so you are in the tier 2. The rebate paid for this individual transaction is therefore:

JPY 10,000(pip value) x 1.2(spread) x 10%(rebate) = JPY 1,200 (converted to $11.21 at an exchange rate of 107 JPY per USD)

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