CFD Monthly Rebates Programme - CMC Markets

CMC Markets CFD Monthly Rebates Programme

For high-volume CFD traders, the cumulative cost of spreads, commissions, and holding fees is one of the most significant variables in overall monthly profitability. CMC Markets addresses this with a structured monthly rebate programme that returns cash to qualifying traders based on the total notional volume they generate in each asset class.

The programme covers five asset classes Forex, Indices, Commodities, Shares, and Cryptocurrencies each with its own five-tier volume ladder and its own rebate structure. Rebates are calculated at month end and credited automatically, with a distinctive retroactive tier mechanism that ensures the highest qualifying rate applies to all of a trader's volume from the first trade of that month.

Programme Structure at a Glance

The CMC Markets rebate programme operates independently across each of the five eligible asset classes. Each asset class has a minimum qualifying monthly volume, five rebate tiers, and a maximum rebate rate at the top tier. The table below provides a summary of all five asset classes and their key parameters.

How the Tier System Works?

The tier system used by CMC Markets operates on a retroactive basis one of its most trader-friendly features. When your total monthly volume in an asset class crosses a tier threshold, the rebate rate for that tier applies to all of your volume for that month, including every trade placed before the threshold was reached.

To illustrate: if a Forex trader places USD 180M of trades in the first three weeks of the month and then trades a further USD 30M in the final week, their total of USD 210M pushes them into Level 4, which carries a rebate of USD 9 per million. That USD 9 rate is then applied to the full USD 210M rather than just the USD 10M above the Level 4 entry threshold. The monthly rebate in this example would be USD 1,890.

This retroactive design means that late-month trading activity has disproportionate value when it tips volume into a higher tier. Traders who are tracking their monthly volume and approaching a tier boundary have a clear financial incentive to push through it, as doing so reprices their entire month's activity at the higher rate.

Three Core Benefits of the Programme

Forex Rebates

The Forex rebate tier requires a minimum monthly CFD trade value of USD 20 million to qualify. From that threshold, five levels apply with rebate rates ranging from USD 5 to USD 11 per USD 1 million of notional volume traded in the month. The rate for the highest tier reached applies retroactively to all Forex volume for that month.

Example: Monthly FX volume of USD 250M achieves Level 4. Rebate = 250 x USD 9 = USD 2,250.

Indices Rebates

Indices rebates also carry a USD 20 million minimum qualifying threshold, with five tiers ranging from USD 3 to USD 9 per USD 1 million traded. The rates are lower than Forex at each equivalent tier level, reflecting the spread structure of index CFDs relative to currency pairs.

Example: Monthly Indices volume of USD 80M achieves Level 2. Rebate = 80 x USD 4 = USD 320.

Commodities Rebates

Commodities has the lowest entry threshold of the three USD-denominated asset classes at USD 5 million per month, making it the most accessible tier for active commodity traders. The rebate rates are also the highest of any asset class in absolute USD terms, reaching USD 15 per USD 1 million at Level 5.

Example: Monthly Commodities volume of USD 25M achieves Level 3. Rebate = 25 x USD 7 = USD 175.

Shares Rebates

The Shares rebate structure differs from the other asset classes in that it delivers a commission discount rather than a fixed cash amount per million. The five tiers range from a 10% discount at Level 1 to a 30% discount at Level 5, applied to the commissions paid on Share CFD trades during the qualifying month. The minimum volume threshold is USD 1.5 million.

Cryptocurrency Rebates

The Cryptocurrency rebate tier has the lowest minimum qualifying volume of all five asset classes at USD 1 million per month, making it accessible to a broader range of traders who include crypto CFDs in their regular activity. The rebate takes the form of a spread rebate percentage, ranging from 5% at Level 1 to 25% at Level 5.

Holding Cost Rebates

In addition to the volume-based rebates above, CMC Markets applies a rebate on holding costs paid during each qualifying month. The holding cost rebate rate corresponds to the trading volume tier the client qualifies for and is applied to all holding costs paid across applicable positions. The five holding cost rebate rates are as follows:

Holding costs are charged on CFD positions held overnight and represent a meaningful component of total monthly trading costs for traders who carry positions for multiple sessions. The holding cost rebate reduces this component proportionally with the trader's activity tier.

Worked Examples Across All Asset Classes

The table below summarises the worked examples provided by CMC Markets for each asset class, illustrating how the retroactive tier mechanism translates a given month's volume into a concrete rebate outcome.

Is CMC Markets Safe?

CMC Markets Singapore Pte. Ltd. (Reg. No. 200605050E) is regulated by the Monetary Authority of Singapore (MAS) and holds a capital markets services licence for dealing in over-the-counter derivatives and leveraged foreign exchange and is an exempt financial adviser.

CMC Markets Singapore is headquartered at IOI Central Boulevard Towers, 2 Central Boulevard, Singapore 018916.

CMC Markets is a globally established provider of online CFD trading, offering access to over 10,000 products across Forex, Indices, Commodities, Shares, and Cryptocurrencies through its award-winning Next Generation platform, native mobile apps, and MetaTrader 4.

CMC Markets supports 100% automated execution without dealer intervention and provides advanced charting, professional trading tools, and robust risk management functions including guaranteed stop-loss orders.