How to earn
volume-based rebates
Are you an active trader? If so, you can get rebates on your spreads when you trade in specific volumes.
Find out what rebates are and learn how to qualify for our
volume-based rebate scheme.
Start trading today. Call +44 (20) 7633 5430, or email sales.en@ig.com to talk about opening a trading account. We’re here 24/5.
Contact us: +44 (20) 7633 5430
Start trading today. Call +44 (20) 7633 5430, or email sales.en@ig.com to talk about opening a trading account. We’re here 24/5.
Contact us: +44 (20) 7633 5430
What’s on this page?
What is a volume-based rebate?
A volume-based rebate is one of the ways we reward you for your loyalty. The rebate you'll receive is based on a percentage of the spread or commission you paid on forex, indices, shares and commodities during the month.
We have a selection of monthly thresholds across the various asset classes. You can get rebates depending on the spread or commission you've paid in one of our asset classes that month. You’ll receive the refund in your base currency.
How do I qualify?
To qualify for a monthly rebate on your spread or commission paid, you’ll need to have met the minimum notional volume in at least one asset class within a calendar month.
The rebate from the highest threshold you meet will be applied across all asset classes. For example, if you reach threshold 3 in indices, but only threshold 1 in the other three asset classes, you’ll still qualify to earn threshold 3 in all asset classes you’ve traded in.
See our full terms and conditions to discover how much you’ll need to trade in each asset class to qualify for the different thresholds.
How does it work?
Here’s how your rebate will be calculated:
Example A: Forex
If your notional trade value for the month on FX is US$300 million, you would qualify for a threshold 3 rebate of US$10 per million traded, which means your monthly rebate would be:
300 (USD million notional traded) x 10 (threshold 3 rebate per million traded) = US$3000
If that notional volume was all traded on GBP/USD and you paid an average spread of 1pt, your rebate of US$3000 would be 25.46% from a spread paid of US$11783
That’s because US$300m notional of GBP/USD equates to $23,566 per point or $11,783 in spread paid to IG*
*Using a GBP/USD price of 1.2730
Example B: Indices
If during the same month your notional trade value for indices is US$35 million, you would also qualify for tier 3 rebate of US$7 per million traded. This is simply because you have met threshold 3 in FX, even though you have not met the same threshold value in indices. In addition to your FX rebate, the calculation for your indices rebate would now be:
35 (USD million notional traded) x 7 (threshold 3 rebate per million traded) = US$ 245
If that notional volume was all traded on US Tech 100 and you paid an average spread of 1pt, your rebate of US$245 would be 20.5% from a spread paid of US$1190
That’s because US$35m notional of US Tech 100 equates to $2,381 per point or $1,190.5 in spread paid to IG*
*Using a US Tech 100 price of 14,700
Therefore, your total rebate for the month would be: US$3000 + US$245 = US$3245*
How much rebate do you get?
Depending on how much you’ve traded in the previous calendar month, your rebate will fall into one of our three rebate thresholds – see the table below for details.
FX Rebate Thresholds (Millions of USD Notional Traded) |
IG rebate | |
---|---|---|
Threshold 1 | 25 | $5 |
Threshold 2 | 200 | $7 |
Threshold 3 | 300 | $10 |
Indices Rebate Thresholds (Millions of USD Notional Traded) |
IG rebate | |
---|---|---|
Threshold 1 | 40 | $2 |
Threshold 2 | 100 | $5 |
Threshold 3 | 200 | $7 |
Shares Rebate Thresholds (Millions of USD Notional Traded) |
IG rebate | |
---|---|---|
Threshold 1 | 1.5 | 5% |
Threshold 2 | 6 | 10% |
Threshold 3 | 10 | 20% |
Commodities Rebate Thresholds (Millions of USD Notional Traded) |
IG rebate | |
---|---|---|
Threshold 1 | 5 | $5 |
Threshold 2 | 20 | $7 |
Threshold 3 | 30 | $9 |
Open an account
Fill in our simple online form
We’ll ask a few questions about your trading experience.
Get swift verification
We aim to complete the verification process as quickly as possible so you can start trading on a huge range of markets.
Fund your account and trade
Or practice on a demo if you’d prefer.
You might be interested in...
Get fast, reliable execution and the best available prices.
Direct access to shares and FX markets with our DMA platform.
We've got the right charts for every trader, in every situation.
* Total value is calculated based on the end-of-day FX rate on the rebate calculation date. All rebate amounts are calculated in British pound terms and paid in the account currency.