Earn more with Professional cash rebates
*Rebates will only be awarded on trades placed on Indices and FX markets. FX includes all forex and cryptocurrency markets available on our platform.
**Contact your relationship manager to discuss rebate options.
As a City Index trader, the more you trade with us, the more you can receive in monthly cash rebates. All rebates are calculated on a trade volume basis, starting from a minimum of £25m in notional traded volume per calendar month.
You can receive monthly rebates on FX and indices trades if you opt in, according to varying tiers based on your traded volume for that month per asset class. Once opted in, all rebates will be automatically calculated and paid into your City Index account at the beginning of the following month.
You trade a monthly trading volume of £240m in £150m of FX trades and £90m in indices.
A monthly volume of £240m would qualify you for a tier 3 rebate:
- FX trades receive a £7.50p rebate per £1m traded (£7.50 x 150 = £1,125)
- Indices also receive a £7.50p per £1m traded ( £7.50 x 90 = £675)
Your total monthly rebate would therefore be: £1,125 + £675 = £1,800.
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Frequently asked questions
How do I qualify for cash rebates?
To qualify for cash rebates, you have to be a Professional Trader and have traded a minimum of £25m in a calendar month on FX, indices or commodities.
If you do qualify and opt in, you’ll receive monthly cash rebates based on the pay-out level for each asset class you trade.
Ready to open a Pro account? Check your eligibility and then apply here.
How do cash rebates work?
Cash back rebates work by taking the aggregate value of all your FX and indices trades in a single calendar month – provided you trade a minimum of £25m in the month – and calculating the pay-out level for each asset class.
Let’s say your monthly trading volume is £150m. It is made up of £100m of FX and £30m of indices.
You therefore qualify for Tier 4 rebates:
- On FX at £10 per every £1m traded (£10 x 100 = £1000)
- On indices at £7 per every £1m traded (£7 x 30 = £210)
Your total rebate pay-out is calculated as:
£1,000 + £210 = £1210
The rebate would be in your account at the start of the following month. You can contact your dedicated relationship manager for more information.
Ready to open a Pro account? Check your eligibility and then apply here.