Loyalty deserves recognition

The Price+ scheme recognises your loyalty with access to reduced trading costs. You will earn points whenever you place a trade with us, as set out in the table below:

If, for example, you place a trade with a notional value of $750,000 on EUR/USD (currencies) you will earn 15 trading points: (750,000 / 100,000) * 2 = 15.

Traded amounts are revalued into US dollars using the preceding 10pm London local time exchange rate from Product Currency (if trading CFD Margin Trades) or trading Account Currency (if placing Bets) and will be displayed on the customer hub within the CMC Markets Platform.

Once you have accumulated the required number of trading points for a specific tier, we will automatically apply the relevant spread discounts to your trading platform for our cash instruments, as set out in the table below. The trading point entry requirement can be seen directly underneath each tier name:

At the end of each calendar month, your trading points balance resets to zero and the tier you finished on is carried over to the following calendar month. For example, if at the end of January you have achieved tier 4, on 1 February, your trading points balance will reset to zero but you will continue to receive tier 4 spread discounts. This tier can be maintained for March if at least 5,000 points are earned in February. Otherwise, you would simply move down to tier 3 in March. You will never be moved down more than a single tier at the beginning of a new calendar month.

For more information, read our full CMC Price+ terms and conditions.

We calculate your trading points throughout the day at approximately 15-minute intervals. If you have earned the required amount of trading points to progress to a higher tier, we will automatically update your trading account(s) to display the relevant discounts. Our trading discounts are applied at point-of-trade, allowing you to benefit from these savings upfront.

We understand that clients may use multiple trading accounts to manage their investment portfolios. With this in mind, we will combine trading points earned across all your trading accounts, and this total pool of points will determine which tier you are currently achieving. We will automatically apply your discounts to all trading accounts that are associated with the same email address, as part of our intraday process. Discounts are not applied to the MT4 trading platform. 

You will earn points for all trades placed from your spread betting and/or CFD trading account(s), except for our Countdowns product.

You can access information such as your current tier and trading points balance from the CMC Price+ tab (from the profile icon on the top left of the trading platform on your PC, or from the 'more' or options menus on a mobile device). You can also find these details from the 'Account' menu on the platform from your PC.

You will also be able to see the spread percentage discounts for all products listed on the scheme across all tiers. We will also provide information on the value of your spread savings for the current month and since you enrolled on the scheme.

Our advertised spread percentage discounts apply to in-hour market spreads. Spread discounts are absolute and do not track market trading hours or liquidity events that affect the widening of spreads. If a particular market is closed, for example, the spread may be wider which would result in lower spread percentage discounts than we advertise.

If, for example, you are a tier 3 member and you trade on the UK 100 within market hours, you will see a spread of 0.9 (this represents an absolute 0.1 spread reduction, and 10% given the in-hours core spread is 1 on this instrument). If you trade on the same instrument out of market hours where the core spread is 2, you will see a reduced spread of 1.9 (this represents the same absolute 0.1 spread reduction according to the tier, equivalent of a 5% spread reduction).

You can see the live spread percentage discounts by accessing the ‘Tiers & benefits' section from the CMC Price+ tab on the trading platform, via your PC or mobile device.

We have enabled spread discounts on a select number of our most popular cash instruments. We plan to enable discounts on a larger set of instruments at a later date.

We're working hard to develop additional benefits for this scheme, and items such as trading commission discounts and additional ways to earn trading points are already in discussion. We plan to develop and release new features to our clients incrementally over the coming months. If you have any suggestions regarding future benefits or improvements to the scheme, please let us know by emailing priceplus@cmcmarkets.co.uk or calling our dedicated client services team on 0203 003 8484.