^These terms and conditions are effective from 15 December 2022 and are to be read in conjunction with CMC Markets’ Product Disclosure Statement (“PDS”) and related legal documents. Unless defined in these terms and conditions, capitalised terms have the meaning set out in the PDS.
In order to trigger a monthly rebate, the Level 1 threshold set out in the current rebate schedule advised to you from time to time (“Schedule”) must be exceeded in at least one asset class. If a Level 1 threshold has been exceeded in the month, rebates are paid across all asset classes in accordance with the monthly turnover thresholds shown in the Schedule.
For each calendar month that we offer the rebate to you we will calculate the total value of trades that you place on the Platform during that month and following the end of the month will credit your Account a rebate amount calculated in accordance with these Terms and Conditions and the Schedule.
The rebate amount will be tiered according to the total value of trades as shown in the Schedule. Rebates will be calculated in US Dollars in accordance with the Schedule, converted to your Account Currency using the last posted CMC Currency Conversion Rate for the applicable month and credited to your Account during the month following the calculation period.
For more information or to see whether you are eligible for monthly rebates, please contact our Client Management Team on 0800 26 26 27.
Download our full Trading Rebates Terms and Conditions or Rebates Schedule